Local Government Environmental Facilities and Community Development Authority Board of Directors public meetings in 2020

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Louisiana Community Development Authority Board will meet to consider a $100 million bond issuance for Calcasieu Parish school recovery, approve minutes and financials, discuss the LCDA Natural Gas Prepay Program, and set committee assignments for 2021. No new project requests were submitted.

• Calcasieu Parish School Recovery Revenue Bonds, Series 2020 – up to $100,000,000 (waiver of rules requested)
• LCDA Natural Gas Prepay Program – program administration
• Approval of minutes from November 12, 2020
• Financials and budget report for November 30, 2020
• Committee assignments for 2021 – Mayor Billy D’Aquilla

The Executive Committee approved a final request for school recovery revenue bonds and adopted the 2021 budget. The board also authorized an agreement with Coastal Utility Management, LLC for a natural gas prepay program.

• Approved Calcasieu Parish School Recovery Revenue Bonds, Series 2020, not to exceed $100,000,000, contingent on State Bond Commission approval
• Approved 2021 Budget
• Approved engagement agreement with Coastal Utility Management, LLC for Natural Gas Prepay Program administration
• Accepted November 30, 2020 budget report
• Approved Executive Director's report
• Accepted minutes from November 12, 2020 meeting

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Louisiana Community Development Authority holds three committee meetings (Development, Executive, Budget & Personnel) on November 12, 2020. The Development Committee will review new project bonds including up to $830 million for Louisiana Green Fuels, $100 million for Calcasieu Parish School Recovery, and $30 million for American Biocarbon. The Executive Committee will consider final approval for several bonds, including $160 million for LCTCS and $25 million for St. Tammany GOMESA, along with a preliminary 2021 budget discussion.

• Louisiana Green Fuels, LLC Revenue Bonds – NTE $830,000,000
• Calcasieu Parish School Recovery Revenue Bonds – NTE $100,000,000
• LCTCS Act 360 Revenue Refunding Bonds – NTE $160,000,000
• St. Tammany Parish GOMESA Project – NTE $25,000,000
• Preliminary 2021 Budget discussion & personnel matters

The Executive Committee approved several final bond requests contingent on State Bond Commission approval, including funding for coastal protection and public works. The board also accepted preliminary requests for school repairs and renewable energy projects.

• Approved final request for St. Tammany Parish GOMESA coastal protection bonds NTE $25M
• Approved final request for LCTCS Act 360 revenue refunding bonds NTE $160M
• Approved final request for West Jefferson Park and Community Center bonds NTE $10M
• Approved final request for Jefferson Parish CPZ Beautification bonds NTE $4M
• Approved final request for The Cove at NOLA multi-family refunding bonds NTE $21M
• Approved final request for Peoples of Bastrop water revenue bonds NTE $9.25M
• Accepted preliminary request for Calcasieu Parish School Recovery bonds NTE $100M
• Accepted preliminary request for Louisiana Green Fuels renewable energy bonds NTE $830M

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Louisiana Community Development Authority's Development Committee and Executive Committee will meet to review and potentially approve multiple bond issuances. The largest item is a $160 million revenue refunding bond for the Louisiana Community and Technical College System (LCTCS). Other bonds include projects for St. Tammany Parish, a New Orleans multifamily development, and several local infrastructure and public improvement bonds. The Executive Committee will also consider final approval for bonds in Bossier Parish, Ascension-St. James, and East Carroll.

• LCTCS Act 360 Revenue Refunding Bonds, Series 2020 — up to $160,000,000
• St. Tammany Parish GOMESA Project, Series 2020 — up to $25,000,000
• The Cove at NOLA Multi Family Revenue Refunding Bonds, Series 2020 — up to $21,000,000
• West Jefferson Park and Community Center and Playground District Revenue Refunding Bonds, Series 2020 — up to $10,000,000
• Bossier Parish Public Improvement Revenue Refunding Bonds, Series 2020 — up to $12,000,000 (final approval)

The Executive Committee accepted several preliminary bond requests for infrastructure, housing, and education projects. Final approval was granted for revenue refunding bonds for Bossier Parish, the Ascension-St. James Airport and Transportation Authority, and the East Carroll Law Enforcement District. The committee also approved the September 30, 2020 budget report.

• Approved September 30, 2020 budget report
• Accepted preliminary request for St. Tammany Parish GOMESA Project (NTE $25M)
• Accepted preliminary request for The Cove at NOLA Multi Family Revenue Refunding Bonds (NTE $21M)
• Accepted preliminary request for Peoples of Bastrop, LLC Water Revenue Bonds (NTE $9.25M)
• Accepted preliminary request for Jefferson Parish CPZ Beautification Revenue Refunding Bonds (NTE $4M)
• Accepted preliminary request for West Jefferson Park and Community Center and Playground District Revenue Refunding Bonds (NTE $10M)
• Accepted preliminary request for LCTCS Act 360 Revenue Refunding Bonds (NTE $160M)
• Granted final approval contingent on State Bond Commission for Bossier Parish, Ascension-St. James Airport, and East Carroll Law Enforcement bonds

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Louisiana Community Development Authority's Development Committee and Executive Committee will meet on September 10, 2020, to consider three new project requests for revenue refunding bonds totaling up to $23.62 million for Bossier Parish, East Carroll Parish, and Ascension-St. James. The Executive Committee will also review financial reports and appoint a nominating committee.

• Bossier Parish Public Improvement Revenue Refunding Bonds Series 2020 — up to $12,000,000
• East Carroll Parish Law Enforcement District Revenue Refunding Bonds Series 2020 — up to $11,000,000
• Ascension-St. James Airport and Transportation Authority Refunding Bonds Series 2020 — up to $620,000
• Approval of minutes from August 13, 2020
• Executive Director's report and appointment of nominating committee

The Executive Committee accepted preliminary requests for revenue refunding bonds for Bossier Parish, East Carroll Law Enforcement District, and the Ascension-St. James Airport and Transportation Authority. The board also approved the August 31, 2020 budget report and the Executive Director's report.

• Approved August 13, 2020 meeting minutes
• Accepted August 31, 2020 budget report
• Accepted preliminary request for Bossier Parish Public Improvement Revenue Refunding Bonds Series 2020 (NTE $12,000,000), contingent on Bossier Parish Police Jury approval
• Accepted preliminary request for East Carroll Law Enforcement District Revenue Refunding Bonds Series 2020 (NTE $11,000,000)
• Accepted preliminary request for Ascension-St. James Airport and Transportation Authority Refunding Bonds Series 2020 (NTE $620,000)
• Approved Executive Director's report

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Louisiana Community Development Authority's Development and Executive Committees meet jointly to consider a technical amendment for Regional Transit Authority refunding and final approval of the City of New Orleans/Parish of Orleans GOMESA Project, Series 2020, including waiver requests. No new project requests were submitted. The agenda also includes approval of prior minutes and a financial report.

• Technical amendment: Capital Projects and Equipment Acquisition Program, Series 2016 & 2018 — Regional Transit Authority Refunding 2020
• Final approval: City of New Orleans/Parish of Orleans GOMESA Project, Series 2020 (with waiver of LCDA Project Inactivity Policy and waiver of rules to obtain final approval before State Bond Commission approval)
• Approval of minutes from July 9, 2020
• Financial and budget report as of July 31, 2020
• Executive Director's report

The Executive Committee granted final approval for a project not to exceed $29 million to fund GOMESA eligible projects and related costs. The board also approved a technical amendment for the Regional Transit Authority and accepted the July 2020 budget report.

• Approved final request for City of New Orleans/Parish of Orleans GOMESA Project Series 2020 NTE $29.0 million
• Approved waiver of LCDA Project Inactivity Policy for GOMESA Project Series 2020
• Approved waiver of rules to obtain final approval before State Bond Commission approval for GOMESA Project Series 2020
• Approved technical request for Regional Transit Authority Refunding 2020
• Accepted July 31, 2020 budget report
• Accepted July 9, 2020 meeting minutes
• Approved Executive Director's report

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Louisiana Community Development Authority's Development and Executive Committees meet to consider new project requests and final approvals. Key items include a $10 million bond for the McNeese State University Student Union project and a $200 million subordinate lien revenue refunding bond for the East Baton Rouge Sewerage Commission. The board will also approve minutes and receive financial reports.

• Cowboy Facilities, Inc. – McNeese State University Student Union Project Series 2020 – NTE $10,000,000
• East Baton Rouge Sewerage Commission Subordinate Lien Revenue Refunding Bonds Series 2020B – NTE $200,000,000
• Approval of minutes from June 11, 2020
• Financials and budget report as of June 30, 2020
• Executive Director’s report

The LCDA Executive Committee granted final approval for revenue refunding bonds up to $200 million. The committee also provided preliminary approval for a $10 million student union project at McNeese State University.

• Approved June 11, 2020 meeting minutes (unanimous)
• Accepted May 31, 2020 budget report (unanimous)
• Granted preliminary approval for $10M McNeese State University Student Union bonds (unanimous)
• Granted final approval for $200M East Baton Rouge Sewerage Commission refunding bonds (unanimous)
• Approved Executive Director's report (unanimous)

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Louisiana Community Development Authority holds Development and Executive Committee meetings to approve minutes, review financials, and consider a technical amendment for the Cypress Black Bayou Recreation and Water Conservation District Project Series 2015. No new projects are submitted. The board will also receive an audit report and the executive director's report.

• Approval of minutes from May 14, 2020
• Financial and budget report as of May 31, 2020
• Technical amendment request for Cypress Black Bayou Recreation and Water Conservation District Project Series 2015
• McElroy, Quirk & Burch audit report for year ending December 31, 2019
• Executive director's report

The Executive Committee approved a technical amendment to defer a July 1, 2020, principal payment for the Cypress Black Bayou Recreation and Water Conservation District Project Series 2015. The committee also accepted the 2019 annual audit report, which showed no audit findings or material weaknesses.

• Approved May 14, 2020, meeting minutes (unanimous)
• Accepted May 31, 2020, budget report (unanimous)
• Approved technical amendment to defer July 1, 2020, principal payment for Cypress Black Bayou project (unanimous)
• Accepted 2019 annual audit report (unanimous)
• Approved Executive Director's report (unanimous)

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Development Committee and Executive Committee will meet to discuss new project requests and technical amendments. The Executive Committee will also consider final approval requests for several bond series involving university facilities, road improvements, and sewerage projects.

• New project requests for Bossier City and Westlake Chemical Corporation
• Technical amendment requests for East Baton Rouge Sewerage Commission Projects
• Final approval requests for Ragin’ Cajun Facilities, Inc. bond series
• Final approval requests for NSU Facilities, Inc. and University Facilities, Inc. bonds
• Final approval requests for East Baton Rouge road improvements and sewerage projects

The LCDA Executive Committee approved several final requests for revenue refunding bonds involving university facilities, sewerage commissions, and road improvements. The committee also granted preliminary approval for Bossier City and Westlake Chemical Corporation bond projects.

• Approved April 9, 2020 meeting minutes (unanimous)
• Accepted March 31, 2020 budget report (unanimous)
• Accepted April 30, 2020 budget report (unanimous)
• Granted preliminary approval for Bossier City $50M revenue bonds (unanimous)
• Granted preliminary approval for Westlake Chemical Corporation $254M bonds, contingent on resolution receipt (unanimous)
• Approved technical amendment for EBR Sewerage Commission bonds (unanimous)
• Approved final request for Ragin’ Cajun Facilities, Inc. $22M bonds (unanimous)
• Approved final request for Ragin’ Cajun Facilities, Inc. $23.5M parking garage bonds (unanimous)

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Development Committee and Executive Committee will meet to discuss new project requests and technical amendments for various bonds. The Executive Committee will also consider final approval requests for several revenue refunding bond series.

• City of Crowley Series 2020 project request
• East Baton Rouge Sewerage Commission Projects Revenue Refunding Bonds Series 2020B amendment
• McNeese State University Student Housing Taxable Revenue Refunding Bonds Series 2020 amendment
• Final approval request for McNeese State University Student Parking Taxable Revenue Refunding Bonds Series 2020
• Final approval request for City of Crowley Series 2020

The LCDA Executive Committee approved several bond-related requests, including final approvals for City of Crowley street improvements and McNeese State University student housing and parking projects. The committee also approved technical amendments to increase bond amounts for the East Baton Rouge Sewerage Commission and McNeese State University.

• Approved March 12, 2020 meeting minutes (unanimous)
• Granted preliminary approval for City of Crowley Series 2020 revenue bonds up to $20M (unanimous)
• Approved technical amendment for EBR Sewerage Commission bonds increase from $150M to $200M (unanimous)
• Approved technical amendment for McNeese Student Housing Project bond increase to $13.25M (unanimous)
• Granted rule waiver for final approval of McNeese Student Housing Project (unanimous)
• Approved final request for McNeese Student Housing Project contingent on State Bond Commission (unanimous)
• Granted rule waiver for final approval of McNeese Student Parking Project (unanimous)
• Approved final request for McNeese Student Parking Project contingent on State Bond Commission (unanimous)

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Development Committee and Executive Committee will meet to review new project requests and technical amendments. The Executive Committee will also consider final approval requests for two projects involving rule waivers.

• St. Luke’s at Lakewood, LLC Revenue Bonds Series 2020
• East Baton Rouge Parish Road Improvements Taxable Revenue Refunding Bonds Series 2020
• East Baton Rouge Sewerage Commission Taxable Revenue Refunding Bonds Series 2020A and 2020B
• St. Anthony’s Gardens Project Series 2020 technical amendment
• University of Louisiana Monroe Facilities, Inc. – Student Hub Project Series 2020 final approval

The LCDA Executive Committee granted preliminary and final approvals for multiple bond series projects. These include funding for a skilled nursing facility, road improvements, sewerage commission refunds, and student facilities.

• Approved February 13, 2020 meeting minutes (unanimous)
• Accepted budget report showing 70% revenue and 94% expenditure (unanimous)
• Granted preliminary approval for St. Luke’s at Lakewood, LLC bonds up to $35M (unanimous)
• Granted preliminary approval for EBR Parish Road Improvements bonds up to $23.5M (unanimous)
• Granted preliminary approval for EBR Sewerage Commission bonds up to $395M (unanimous)
• Granted preliminary approval for EBR Sewerage Commission Libor Index bonds up to $150M (unanimous)
• Approved technical amendment for St. Anthony’s Gardens Project to increase bonds to $75M (unanimous)
• Approved technical amendment to extend maturity date for Capital Area YMCA Projects (unanimous)

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Development Committee and Executive Committee will meet to discuss and approve minutes, financial reports, and several new project requests involving revenue refunding bonds for universities and facilities. Notable items include bonds for McNeese State University, UL Monroe, UL Lafayette, Southeastern Louisiana University, Nicholls State University, and St. Anthony's Gardens. The Executive Committee will also receive investment and budget reports.

• Cowboy Facilities/McNeese State University student housing and parking revenue refunding bonds (Series 2020)
• University of Louisiana Monroe Facilities student hub project (Series 2020)
• Ragin' Cajun Facilities/ULL athletic facilities and Lewis Street parking garage refunding bonds (Series 2020)
• Southeastern Louisiana University student union project refunding bonds (Series 2020)
• Nicholls State University student recreation center refunding bonds (Series 2020)

Local Government Environmental Facilities and Community Development Authority Board of Directors

The Board of Directors is meeting to review financial reports and project requests. The agenda includes final approval requests for three specific project series and a technical amendment for a university facilities project.

• Final approval request: St. Bernard Port Harbor and Terminal District Project Series 2020
• Final approval request: BRCC Facilities Corporation Project Series 2020
• Final approval request: Olde Salem Village Apartments Project Series 2020
• Technical amendment request: Ragin’ Cajun Facilities, Inc. Student Union/ University Facilities Project

The committee granted final approval for three bond projects totaling up to $65.2 million for port facilities, college refunding, and renovations. A technical amendment for the Ragin Cajun Facilities project was also approved.

• Approved final request for St. Bernard Port Harbor and Terminal District Project (NTE $14 million)
• Approved final request for BRCC Facilities Corporation Taxable Revenue Refunding Project (NTE $43 million)
• Approved final request for The Continental Foundation — Olde Salem Village Project (NTE $8.2 million)
• Approved technical amendment for Ragin Cajun Facilities, Inc. Student Union/University Facilities Project (NTE $22.2 million)
• Accepted minutes from December 12, 2019 meeting
• Accepted budget report as of December 31, 2019
• Approved Executive Director's report