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Council approves Industrial Development Board pilot agreements after public Q&A
Summary
After public comment and a prolonged Q&A, the Lafourche Parish Council approved two Industrial Development Board lease/bond agreements — one with Performance Food Group (approved 7-0 with one abstention) and another with Triple Sun Holdings (approved 8-0) — that use pilot tax-abatement mechanisms and payments-in-lieu of taxes.
The Lafourche Parish Council voted April 14 to acknowledge two Industrial Development Board agreements that use pilot tax-abatement mechanisms and bonds for local economic development.
Item 36, a lease and bond agreement between the Industrial Development Board of the Parish of Lafourche and Performance Food Group, passed after public comment and council questions by a vote of 7 yays, 0 nays and 1 abstention (Miss Chasson); one council member (Mr. Adams) was absent. Item 37, a parallel agreement with Triple Sun Holdings LLC, passed 8‑0 with one…
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