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Council grants preliminary approval to up to $4 million limited-tax bonds for ARC facility renovations

5811890 · September 23, 2025
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Summary

St. Charles Parish Council gave preliminary approval to the parish’s application to issue up to $4,000,000 in limited-tax bonds to finance rehabilitation and construction of ARC of St. Charles facilities, to be repaid solely from a 0.66-mill ad valorem tax.

The St. Charles Parish Council voted unanimously to give preliminary approval for the parish to seek authority to issue not-more-than $4,000,000 in limited-tax bonds on behalf of the ARC of Saint Charles. The preliminary approval authorizes the parish to proceed with an application to the state bond commission and does not obligate parish general funds.

Jason Akers of the law firm Foley &…

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