BATON ROUGE, La., (KNOE 8 News) - Repair and upgrade on NELA rural roads may be on the way.
The State Bond Commission has started the process for a $325 million, multiyear borrowing plan to do the improvements on rural roads across Louisiana.
The money panel this week agreed to begin choosing the professionals who will handle the bond sales, to generate upfront money for the road work.
The Department of Transportation and Development plans three bond sales, including a $100 million sale during the current budget year.
If the Bond Commission signs off on the details of the borrowing plan, the first round of projects will be spread across 37 parishes. The dollars will pay for construction on roads not eligible for federal matching dollars in the highway program.
The debt is expected to be paid off with money from registration, license fees and taxes on commercial trucks and trailers.
Friday, May 17 2013 12:09 PM EDT2013-05-17 16:09:18 GMT
FARMERVILLE, La. (KNOE 8 News) - The family of a Farmerville teen who died at football practice last week says it is overwhelmed by the community's gratitude.
FARMERVILLE, La. (KNOE 8 News) - The family of a Farmerville teen who died at football practice last week says it is overwhelmed by the community's gratitude.
