$5.5 million for parish hospital approvedFeb 27th, 2012 | By admin | Category: News
The State Bond Commission approved over $11 million for projects statewide and $1.7 million in savings by refinancing existing public debt at its February 16 meeting, according to State Treasurer John Kennedy.
“The Bond Commission approved bonds for the St. Bernard Parish Hospital Service District, as well as statewide approvals for various infrastructure and capital improvement projects,” said Treasurer Kennedy. “We also saved the taxpayers millions by signing off on the refinancing of public debt for eight local projects.”
The St. Bernard Parish Hospital Service District will receive $5,515,000 in Taxable Limited Tax Bonds: For constructing, equipping, maintaining, and operating hospital facilities.
The Louisiana State Bond Commission meets monthly to review and approve applications from parishes, municipalities, special taxing districts, and other political subdivisions of the State requesting authority to incur debt.