Agricultural Finance Authority public meetings in 2022
3 substantive meetings from 2022, with official agendas or minutes and plain-English summaries.
Agricultural Finance Authority
The Louisiana Agricultural Finance Authority will consider a loan request from the Department of Agriculture for a website update, discuss land adjacent to the Baton Rouge headquarters, and vote on transferring a hangar lease. The board will also review financial statements and hear public comments.
- Loan request from Louisiana Department of Agriculture and Forestry for website update
- Discussion of land adjacent to Baton Rouge Headquarters
- Transfer of Woodworth hangar lot #4 lease from Charles Myer to Sterling Bain
- Review of financial statements
- Public comment period
The board approved a $1.5 million five-year loan to the Louisiana Department of Agriculture and Forestry for a website update. Other actions included authorizing a $2.4 million loan draw for the South Louisiana Rail Facility and funding for an equipment shed.
- Approved June 21, 2022 meeting minutes (unanimous)
- Accepted Financial Statements (unanimous)
- Authorized execution of documents for South Louisiana Rail Facility to draw $2.4 million loan (unanimous; Mr. Petree abstained)
- Approved spending up to $250,000 for an equipment shed at Baton Rouge Headquarters (unanimous)
- Authorized partnership with LSU Ag Center and Louisiana Nursery and Landscape Association for Green Industry research (unanimous)
- Approved $1.5 million five-year loan to LDAF for website update (unanimous)
- Authorized lease transfer of Woodworth hangar lot #4 from Charles Myer to Sterling Bain (unanimous)
Agricultural Finance Authority
The Louisiana Agricultural Finance Authority will meet to discuss and potentially act on several items including a lease for the State Police Commission, transfer of a Roseland property, and multiple loan and program updates. The agenda also includes approval of prior meeting minutes, financial reports, and new business items such as the FY2023 budget and a Bienville Parish property purchase.
- Lease for State Police Commission
- Lease of New Orleans Office Space
- Transfer of Roseland property to Office of State Military
- South Louisiana Rail Facility Loan
- Purchase of Bienville Parish Property (2.55 acres)
The board approved the FY2023 budgets for LAFA, Lacassine Industrial Park, and Indian Creek. It authorized the chairman to negotiate a $3.5 million loan for a grain/rice storage facility and to purchase land adjacent to the Baton Rouge Headquarters. Several property transfers and lease updates were also approved.
- Approved FY2023 budgets for LAFA, Lacassine Industrial Park, and Indian Creek (Unanimous)
- Authorized chairman to negotiate terms for $3.5M loan for grain/rice storage facility (Passed with 1 abstention)
- Authorized payment of impending loan to Jeff Davis Parish/South LA Rail Facility (Passed with 1 abstention)
- Authorized purchase of land adjacent to Baton Rouge Headquarters (Unanimous)
- Authorized purchase of 2.55 acres of land in Bienville Parish (Unanimous)
- Approved transfer of Roseland, LA property to Office of State Military (Unanimous)
- Approved raising budget for LDAF-BRHQ equipment shed to $225,000 (Unanimous)
- Authorized policy to charge per reading for Lacassine Industrial Park scales effective July 1, 2022 (Unanimous)
Agricultural Finance Authority
The Louisiana Agricultural Finance Authority is meeting to review financial statements and discuss old and new business. The body will consider proposed legislation for the 2022 Regular Session and various disaster recovery programs.
- Proposed legislation for the 2022 Regular Session
- Emergency Fuel Transport Trailers/Depot Proposal
- Leases for Opelousas - Acadiana Workforce Development, Baton Rouge - DEQ, and Woodworth - Acadian Ambulance
- Louisiana Seafood Processors Pandemic and Safety Response Program
- Louisiana Farm and Timber Recovery Grant Program
The board approved an additional $95,000 for scale test truck equipment and authorized legislation to manage emergency fuel during natural disasters. Other actions included approving funds for an equipment shed and purchasing fuel tanks and generators. The board also authorized a sublease for Acadian Ambulance/AirMed.
- Approved increasing loan for four heavy duty scale test trucks to $937,510 (8-0)
- Approved proceeding with bids and construction for LDAF-BRHQ equipment shed up to $200,000 (9-0)
- Approved proposed legislation to acquire and distribute fuel for natural disaster emergencies (9-0)
- Approved purchase of two 1000 gallon fuel tanks, two 500 gallon fuel tanks, and two portable generators (9-0)
- Approved negotiations with DEQ for storage of Mobile Air Monitoring Laboratories (9-0)
- Approved Acadian Ambulance/AirMed subleasing a portion of their lease (9-0)
- Approved July 1, 2021 meeting minutes (8-0)
- Accepted Financial Statements (8-0)