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Caddo Parish leaders outline $60M bond and private‑partner plans for sports complex campaign
Summary
Parish officials told the committee they will ask voters to approve a $60 million bond on Nov. 3 to cover part of a roughly $70 million Catapult Sports Complex and that staff expects developers to participate after the project is announced.
Parish administration confirmed the funding vehicle and early financing assumptions for the Catapult Sports Complex: a Nov. 3 bond election seeks $60 million in property‑tax supported bonds to fund part of an estimated $70 million project, with the remainder to be covered by other sources or future phases.
CEO Erica Bridal summarized the plan: “You all have called an election for November 3, to consider a $60,000,000 bond proposition... This complex, would actually cost about 70,000,000.” Administration said the goal is to present a clear project that will attract private developers and ancillary commercial development; if the bond is approved, the parish would solicit proposals from developers to participate in master planning and complementary commercial projects. Officials emphasized any acquisition and contract would still require future commission approvals.
