State Bond Commission conditionally extends St. Landry Parish $1.65M RAN maturity

At the Sept. 17 meeting Ms. Folse reviewed Items 56(a) and 56(b) relating to the St. Landry Parish Council. Auditor Mike Waguespack of the Louisiana Legislative Auditor’s Office provided additional information. Representative Jerome Zeringue moved approval of Item 56(b), an amendment to extend the maturity on outstanding $1,650,000 Revenue Anticipation Notes (RANs) for six months; Representative Neil Riser seconded. The motion included conditions set by the Louisiana Legislative Auditor and the commission approved Item 56(b) without objection.