- Associated Press - Sunday, January 19, 2014

LEESVILLE, La. (AP) - The City Council will seek bond funding to pay for improvements at Leesville fire stations and to add a station as part of its University Parkway/Louisiana Highway 467 development project.

The city will ask the Louisiana State Bond Commission for permission to issue up to $1.8 million in 25-year revenue bonds at 6 percent interest.

Bond attorney Joseph Delafield tells The American Press (https://bit.ly/1eOXZNb ) the city should be approved for the bond issue.

The bonds would be paid off using sales and ad valorem taxes, utility revenue and general fund money not already obligated.

___

Information from: American Press, https://www.americanpress.com


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide