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Terrebonne Parish Council authorizes up to $6 million in revenue bonds for Houma–Terrebonne Airport
Summary
The council approved a resolution allowing the Houma–Terrebonne Airport Commission to issue up to $6 million in revenue bonds to fund airport improvements and asset purchases; the airport director told the council the funds will support workforce training and unmanned aircraft systems work.
The Terrebonne Parish Council on April 30, 2025 approved a resolution authorizing the Houma–Terrebonne Airport Commission to issue up to $6,000,000 in revenue bonds in one or more series.
Ed Jarvis, who introduced himself as the recently appointed executive director for the Houma–Terrebonne Airport, told the council he began in the role Jan. 6 and described the bond funding as intended to “improve the airport and also to buy another asset,” and to support training programs. “We have some universities that will be coming to the airport to provide not only mechanic schools for folks that are interested in working on airplanes and helicopters, but also for those that are interested in getting an airplane or a helicopter rating,” Jarvis said. He also mentioned unmanned aircraft systems programs the airport is pursuing.
The motion to approve the bond authorization was made by Council member Kim Chauvin and seconded by Council member Danny Babin; the council recorded the vote as 8–0 in favor.
Nut graf: The bond authorization gives the airport commission authority to borrow against future revenue or pledged sources to make capital investments. Jarvis characterized the measure as an economic development step, citing workforce training and aviation services as priorities. The council did not detail bond structure, interest rates or pledge sources in the public record at the meeting; those details typically appear in subsequent financing documents and commission records.
Background and next steps: The resolution authorizes issuance by the airport commission; the commission and parish administration will complete financing documents, disclose security and repayment terms, and — if necessary — return to council for related approvals. Jarvis asked for the council’s support and described outreach to universities and training partners as part of the airport’s development plan.
Ending: The council adopted the resolution on a recorded 8–0 vote; the airport commission and parish administration will follow established procedures to finalize financing terms before any bonds are sold.
