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Board approves ITEP support resolutions for Bollinger Shipyards and Gulf Island; one board objection recorded
Summary
The finance committee recommended and the full board approved resolutions supporting Bollinger Shipyards LLC and Gulf Island LLC in the industrial tax exemption program; Board member Matthew Ford registered opposition to the Bollinger resolution.
The finance, insurance and section 16 lands committee recommended and the board approved two resolutions supporting local firms' participation in the Industrial Tax Exemption Program (ITEP): Bollinger Shipyards LLC and Gulf Island LLC.
Cohen Guidry, identified in committee minutes as chief executive officer of the Terrebonne Economic Development Authority, and Craig Roussell, vice president and chief administrative officer for Bollinger (as recorded), addressed the committee regarding the Bollinger request. The committee recommended approval; the motion on the floor was recorded as moved by Ms. Binghua and seconded by Mr. Regard. Board member Matthew Ford voiced opposition at the full meeting, saying, "I just want to express my continued, discontent with this item and opposition to the ITEP exemption, for various reasons that I stated at the committee meeting." The chair announced the motion passed with one objection.
A separate resolution supporting Gulf Island LLC (project number 20220483-ITE) was presented and approved on the committee recommendation; the motion was recorded as moved by Dr. Budd and seconded by Mr. Lagarde. No public comments on that item were recorded in the public transcript.
The motions authorized the board to approve and accept the resolutions as presented to support each company’s participation in the Industrial Tax Exemption Program. The transcript does not record a roll-call tally; the meeting record notes objections where present.
