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Livingston Parish Council adopts ordinance to issue up to $91.29 million in sales-tax revenue bonds for road projects
Summary
The Livingston Parish Council on Oct. 9 approved an ordinance authorizing up to $91,290,000 in sales-tax revenue bonds to finance road improvements, including an amendment adding the bond form (Exhibit A). Council members voted unanimously to approve the ordinance as amended.
The Livingston Parish Council voted Oct. 9 to adopt an ordinance authorizing the parish to incur debt and issue up to $91,290,000 in sales-tax revenue bonds to fund road improvements.
Council members first voted to amend the ordinance by adding an exhibit that shows the form of the bonds and the blanks (interest rates, dollar amounts and other particulars) that will be filled…
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