Agricultural Finance Authority public meetings in 2020
3 substantive meetings from 2020, with official agendas or minutes and plain-English summaries.
Agricultural Finance Authority
The Louisiana Agricultural Finance Authority will meet to discuss the FY 2021 budget and various program updates. The body will review financial statements and address delinquent payments and lease obligations.
- Consideration of the FY 2021 Budget
- Certified Louisiana Program Boards & Commissions’ Grants
- Lake Providence Canning and Packing House
- Delinquent payments from Louisiana Farm and Agribusiness Loan and Grant Program recipients
- Lease payments for Lacassine Industrial Park tenants impacted by Hurricanes Laura and Delta
The Authority approved the FY 2021 budget and authorized several funding allocations for workforce development and the Certified Louisiana Program. The board also approved the purchase of four trucks for Weights & Measures and the acquisition of the Lake Providence Canning and Packing House.
- Elected Mike Strain as chairman and Ronald Petree as vice-chairman
- Approved May 13, 2020 meeting minutes (unanimous)
- Accepted financial statements (unanimous)
- Approved $15,000 budget to each board and commission, except $5,000 to LSU Super Plants Program (unanimous)
- Accepted proposed FY 2021 budgets for LAFA and Indian Creek (unanimous)
- Adopted LDAF’s Sexual Harassment Policy as LAFA’s policy (unanimous)
- Approved $50,000 to purchase Lake Providence Canning and Packing House for lease back into commerce (unanimous)
- Budgeted $50,000 for the Agricultural Workforce Development Program (unanimous)
Agricultural Finance Authority
The Louisiana Agricultural Finance Authority is meeting via teleconference to review financial statements and the Commissioner's report. The body will discuss old business regarding Indian Creek and new business concerning the City of Opelousas.
- Sewerage and campground improvements at Indian Creek
- New business regarding the City of Opelousas
- Review of financial statements
- Ethics training and Tier 2.1 Financial Disclosure Form
The board approved a $175,000 revolving line of credit for sewerage and campground improvements at Indian Creek. Members also authorized a cost-share agreement with the City of Opelousas for plexiglass partitions and permitted lease renegotiations.
- Approved February 12, 2020 meeting minutes (unanimous)
- Accepted financial statements (unanimous)
- Approved $175,000 revolving line of credit for Indian Creek improvements (unanimous)
- Approved cost-share agreement with City of Opelousas for plexiglass partitions (unanimous)
- Authorized renegotiation of lease agreement with City of Opelousas (unanimous)
Agricultural Finance Authority
The Louisiana Agricultural Finance Authority is meeting to review financial statements and approve minutes from the September 16, 2019 meeting. The agenda also includes a proposal to appoint Michelle Ribera as the Director of the authority.
- Appointment of Michelle Ribera as Director of the Louisiana Agricultural Finance Authority
- Review of financial statements
- Discussion regarding ethics training and Tier 2.1 Financial Disclosure Form
- Update on LDAF/LAFA’s Certified Louisiana Programs
The board approved drafting legislation to transfer remaining Grain and Cotton Indemnity Fund money from the Treasury to LAFA, capped at $12 million. The authority also appointed a new director and accepted financial statements. These actions manage the agency's funding and leadership.
- Approved drafting legislation to transfer Grain and Cotton Indemnity Fund money to LAFA, capped at $12 million (Unanimous)
- Appointed Michelle Ribera as Director of the Louisiana Agricultural Finance Authority (Unanimous)
- Accepted Financial Statements (Unanimous)
- Approved minutes from September 16, 2019 meeting (Unanimous)
- Approved drafting a resolution to thank René Simon for his service (Unanimous)