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Jubin Crossing district authorizes issuance of subordinate sales-tax revenue bonds in three series
Summary
The Jubin Crossing Economic Development District board voted Oct. 9 to authorize proceeding with the issuance and sale of subordinate sales-tax revenue bonds in three series, with the district — not Livingston Parish — responsible for repayment, board staff said.
The Jubin Crossing Economic Development District board in Livingston Parish voted Oct. 9 to authorize the district to proceed with the issuance and sale of subordinate sales-tax revenue bonds in three series, board staff said.
The resolution directs district officials to execute a trust indenture and related documents needed to sell the subordinate revenue bonds to fund improvements associated with an expansion of the district. "As you all are aware, the…
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