NEW ORLEANS, La. (KNOE 8 News & AP) - Louisiana will pay nearly 110 million dollars to get out of a bond that helped upgrade the Superdome after Hurricane Katrina, but skyrocketed in interest costs.
The stadium and Exposition District is borrowing 361 million dollars to restructure the bond deal from 2006.
That 110-million dollar penalty fee will be rolled into refinanced borrowing and paid off over the next several decades, along with the rest of the debt.
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.
Monday, May 20 2013 7:05 AM EDT2013-05-20 11:05:15 GMT
WASHINGTON (KNOE 8 News) - More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits.
WASHINGTON (KNOE 8 News) - More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits.