Friday, 21 September 2012 13:52
by IND Monthly Staff
Refinancing saves Lafayette Parish $15M
The State Bond Commission Thursday approved more than $32 million in savings by refinancing existing public debt; it also approved bonds to finance $298 million in projects statewide.
“We saved the taxpayers $32 million by signing off on the refinancing of public debt in 10 parishes, including over $15 million in Lafayette Parish,” State Treasurer John Kennedy said in a prepared announcement. “In addition, the Bond Commission gave approval for bonds to finance hospital improvements in LaSalle, East Baton Rouge, Lafayette, Ouachita and Ascension parishes, as well as various infrastructure and capital improvement projects across the state.”
Among the Acadiana area individual projects the Bond Commission approved was $88 million in electric revenue bonds for the Lafayette Public Power Authority for a reserve fund, and improvements, equipment and fuel storage for the Rodemacher Unit No. 2 fossil fuel steam electric generating plant. The commissiona also approved $374,000 in Water Revenue Bonds for Waterworks District No. 5 in St. Landry Parish to construct a waterworks system.
It also approved hospital revenue bonds for capital improvements at Our Lady of Lourdes Regional Medical Center.
The Louisiana State Bond Commission meets monthly to review and approve applications from parishes, municipalities, special taxing districts, and other political subdivisions of the state seeking approval of bonds to finance public projects.
To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.
OCT 1 Bobby Jindal is sure doing his best to court the far right; this post on TIME magazine says he'll be over in Oklahoma today to stand beside the billionaires who own Hobby Lobby while they announce a Bible "museum." In Washington D.C. (Wonder if there will be an exhibit on Matthew 19:24?)
OCT 1 Blogger Ian McGibboney is taking a look at the penalty call that is causing a stir. During a Monday NFL game, a player for the Chiefs executed a Muslim prayer gesture following a touchdown. The NFL has announced that the call was wrong, but Ian's not so sure.
OCT 1 Looks like hoards of whining college students and (extremely unflattering) satire can make a difference: The Advocate reports here that lease talks have reopened for Highland Coffees, a coffee shop near the north gates of LSU. Earlier this week, dismay was unleashed when the paper reported that the shop would be closing because its landlord had other plans for the space.
OCT 1 Blogger Mike Deshotels is outlining the flaws he sees in the so-called "Value Added Model" of teacher evaluation. It basically seeks to pay teachers according to how their students do on tests. (Sure hope they don't start using that model for doctors!) He's got a lot of information here, not just about the plan but about the people involved - and their history.
OCT 1 Columnist Jim Beam breaks down the difference between ISIS and ISIL, along with origins of each group and what has been reported about them over the years. It's a good clear primer if you're one of those continually confused by the names being thrown around.
OCT 1 Blogger Tom Aswell brings us up to date on the latest mess surrounding the Office of Group Benefits, which handles health insurance for state employees. It ain't pretty, and it has left Tom pleading for anyone who might be remotely competent in the Division of Administration to get in touch with him.
OCT 1 Look out! Some enterprising individual, who knows how to register a domain, has pulled off a stunning bit of hilarity here. Not long ago, blogger Lamar White Jr. gave us a post on Louisiana Family Forum, and how it is not a charity but is instead a tax shelter for a lobby. If you go to the interwebs and type in "louisianafamilyforum.com" you will find Lamar's story. Heh.
SEP 30 Here's another story that makes Louisiana look backward; blogger Manny Schewitz writes about a church that won't allow AA to use its facilities because those boozers might track in some gay. Every time he sees one of these, as he calls them "Whiskey Tango Foxtrot" type of stories, he always starts wishing: "Please don't let it be Louisiana... Please don't let it be Louisiana..."
SEP 30 This post on PoliticusUSA, an extremely liberal blog, takes aim at Bobby Jindal's disingenuous attempts to play both sides against the middle on the evolution/creationism issue. Jindal is "dutifully serving his Koch masters" on the climate change issue as well, blogger Rmuse writes.
SEP 30 Ever wonder what goes on in a football locker room following a game like Sunday's embarrassment? Here's a post on ESPN about the "reality check" the Saints had. Among the comments: "Right now we're not a very good football team."
Read the Flipping Paper!
Click Here for the Entire Print Version of IND Monthly