USA: Great News for Lake Charles Harbor and Plaquemines Port

The State Bond Commission approved nearly $160 million for projects statewide and over $814,000 in savings from refinancing existing public debt at its October 17 meeting, according to State Treasurer John Kennedy.

“We saved taxpayers money by refinancing $9 million of public debt in St. Tammany Parish,” said Treasurer Kennedy. “In addition, the Bond Commission approved bonds to finance a variety of infrastructure projects including improvements to ports, housing and law enforcement facilities across the state.”

Among the individual projects approved were:

– Calcasieu Parish, Lake Charles Harbor and Terminal District, $100 million in Revenue Bonds: for the construction of a dock, wharf and other related improvements;

– Plaquemines Parish, Plaquemines Port, Harbor and Terminal District, $9.5 million in Revenue Bonds: to fund capital improvements.

Press Release, October 23, 2013

 

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