Local Government Environmental Facilities and Community Development Authority Board of Directors public meetings in 2022
13 substantive meetings from 2022, with official agendas or minutes and plain-English summaries.
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 financial reports. The primary item for discussion is a project request for the Louisiana Utilities Restoration Corporation Project / ELL, Series 2023.
- Louisiana Utilities Restoration Corporation Project / ELL, Series 2023 – NTE $1,700,000,000
The Executive Committee accepted a preliminary request for up to $1.7 billion in bonds to finance storm restoration costs for Entergy Louisiana. The board also approved the 2023 budget and added vision insurance to the staff benefit package.
- Accepted preliminary request for Louisiana Utilities Restoration Corporation Project bonds NTE $1,700,000,000
- Approved 2023 proposed budget
- Approved addition of Vision insurance to staff benefit package
- Accepted revised Post Issuance Tax-Exempt Debt Compliance Policy and Advisory Committee policy
- Accepted November 30, 2022 budget report
- Accepted minutes from November 10, 2022 meeting
- Approved Executive Director's report
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development Committee and Executive Committee will meet to consider a new project request for the Caddo-Bossier Parishes Port Commission, Series 2022, with a not-to-exceed amount of $49,000,000. They will also review technical amendment requests for the City of Monroe Project, Series 2022, and the American Biocarbon CT, LLC Project, Series 2021. The Executive Committee will additionally approve minutes, financials, and the Executive Director's report.
- New project request: Caddo-Bossier Parishes Port Commission, Series 2022, up to $49,000,000
- Technical amendment: City of Monroe Project, Series 2022
- Technical amendment: American Biocarbon CT, LLC Project, Series 2021
- Approval of minutes from October 13, 2022 (both committees)
- Financials and budget report as of October 31, 2022 (Executive Committee)
The Executive Committee approved a preliminary request for up to $49 million in bonds for the Caddo-Bossier Parishes Port Commission project, contingent on the Port's own approval. The board also accepted a budget report and two technical amendments for projects in the City of Monroe and American Biocarbon CT, LLC.
- Approved preliminary request for NTE $49,000,000 in bonds for Caddo-Bossier Parishes Port Commission Project (contingent on Port approval)
- Approved technical amendment for City of Monroe Project, Series 2022 for NTE $12,000,000 in bonds
- Approved technical amendment for American Biocarbon CT, LLC Project, Series 2021 to extend the Scheduled Mandatory Tender date
- Accepted October 31, 2022 budget report
- Approved Executive Director's report
- Accepted minutes from October 13, 2022 meeting
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Louisiana Community Development Authority Executive Committee will consider final approval of three large bond-financed projects: a $220 million Louisiana Utilities Restoration Corporation project, a $95 million Diocese of Houma-Thibodaux Hurricane Ida Recovery project, and a $12.5 million Downsville Community Charter project. The committee will also review a new $12 million request for City of Monroe Downtown Development projects and technical amendments for three existing GO ZONE projects. Other agenda items include approval of September minutes, a financial report, a guest speaker, and the executive director's report.
- Final approval: Louisiana Utilities Restoration Corporation Project/ENO, Series 2022 — NTE $220,000,000
- Final approval: Diocese of Houma-Thibodaux Hurricane Ida Recovery Project, Series 2022 — NTE $95,000,000
- Final approval: Downsville Community Charter, Inc. Project, Series 2022 — NTE $12,500,000
- New project request: City of Monroe Downtown Development Projects, Series 2022 — NTE $12,000,000
- Technical amendments: Montan, LLC Projects (Series 2008 GO ZONE), Price LeBlanc Facility (Series 2008 GO ZONE), Louisiana Insurance Guaranty Association Project (Series 2022B)
The Executive Committee approved final bond requests for the Louisiana Utilities Restoration Corporation and the Diocese of Houma-Thibodaux for storm recovery. The board also granted final approval for Downsville Community Charter, Inc. and accepted a preliminary request for the City of Monroe.
- Approved final request for Louisiana Utilities Restoration Corporation storm recovery bonds (NTE $220M)
- Approved final request for Diocese of Houma-Thibodaux Hurricane Ida Recovery Project bonds (NTE $95M)
- Approved final request for Downsville Community Charter, Inc. revenue bonds (NTE $12.5M)
- Accepted preliminary request for City of Monroe Downtown Development Projects bonds (NTE $12M)
- Approved technical amendment for Louisiana Insurance Guaranty Association to add Wells Fargo as Underwriter
- Approved technical amendments for Montan, LLC and Price LeBlanc Facility to change LIBOR rate to SOFR
- Accepted September 30, 2022 budget report
- Approved the Executive Director's report
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Executive Committee is reviewing new project requests related to hurricane recovery and utility restoration. The meeting also includes reports on financials, budgets, and the Executive Director.
- Diocese of Houma-Thibodaux Hurricane Ida Recovery Project, Series 2022 (NTE $95,000,000)
- Louisiana Utilities Restoration Corporation Project / ENO, Series 2022 (NTE $220,000,000)
The Executive Committee accepted two preliminary requests for revenue and storm recovery bonds totaling up to $315 million. The board also approved the August 2022 budget report and the Executive Director's report.
- Approved August 11, 2022 meeting minutes
- Accepted August 31, 2022 budget report
- Accepted preliminary request for Diocese of Houma-Thibodaux Hurricane Ida Recovery Project bonds (NTE $95,000,000)
- Accepted preliminary request for Louisiana Utilities Restoration Corporation Project / ENO storm recovery bonds (NTE $220,000,000)
- Appointed 2022 Nominating Committee
- Approved Executive Director's report
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Executive Committee will review financial and budget reports through July 31, 2022. The meeting includes a request for final approval regarding the Louisiana Green Fuels LLC Project, Series 2022.
- Louisiana Green Fuels LLC Project, Series 2022: NTE $1,100,000,000
The Executive Committee granted final approval for a renewable energy project in northern Louisiana. The board also accepted the July 2022 budget report and previous meeting minutes.
- Approved final request for Louisiana Green Fuels LLC Project, Series 2022, for NTE $1,100,000,000
- Accepted July 31, 2022 budget report
- Accepted minutes of July 14, 2022 meeting
- Accepted minutes of July 26, 2022 Special Meeting
- Approved Executive Director's report
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Louisiana Community Development Authority Executive Committee is holding a special meeting to consider final approval of the Louisiana Insurance Guaranty Association Project, Series 2022, in the amount of $600,000,000. No other business, development committee reports, or new project requests are on the agenda.
- Final approval request: Louisiana Insurance Guaranty Association Project, Series 2022 - $600,000,000
The Executive Committee approved a final request for bonds for the Louisiana Insurance Guaranty Association Project, Series 2022. The approval is contingent on changing the wording in the resolution from 'Purchase Agent' to 'Placement Agent'.
- Approved final request for NTE $600,000,000 in bonds for Louisiana Insurance Guaranty Association Project, Series 2022 (contingent on wording change)
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Executive Committee will consider a new project request for the Louisiana Insurance Guaranty Association, Series 2022, totaling $600,000,000. The board will also approve minutes from June 9, 2022, review the financial and budget report as of June 30, 2022, and hear the Executive Director's report. No technical amendments or final approval requests are on the agenda.
- New project request: Louisiana Insurance Guaranty Association Project, Series 2022 - $600,000,000
- Approval of minutes from June 9, 2022
- Financial and budget report for period ending June 30, 2022
- Executive Director's report
The Executive Committee accepted a preliminary request for up to $600 million in revenue bonds for the Louisiana Insurance Guaranty Association Project. The board also approved the June 30, 2022 budget report and the Executive Director's report.
- Accepted preliminary request for NTE $600,000,000 in revenue bonds for Louisiana Insurance Guaranty Association Project
- Approved June 30, 2022 budget report
- Approved Executive Director's report
- Approved minutes from June 9, 2022 meeting
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Executive Committee will meet to approve May 2022 meeting minutes and review financial and budget reports. The agenda includes a technical amendment request for the Louisiana Green Fuels, LLC. Project and final approval for Nicholls State University student housing revenue refunding bonds.
- Technical amendment request for Louisiana Green Fuels, LLC. Project, Series 2022
- Final approval of Nicholls State University Student Housing / NSU Facilities Corporation Project Revenue Refunding Bonds, Series 2022
- Review of May 31, 2022, financials and budget report
The Executive Committee approved a technical amendment increasing the funding limit for the Louisiana Green Fuels project to $1.1 billion. The board also granted final approval for $42.5 million in bonds for Nicholls State University student housing. Budget and director reports were accepted.
- Approved technical amendment for Louisiana Green Fuels, LLC Project to increase amount to $1.1 billion and NTE interest rate to 10%
- Approved final request for NTE $42,500,000 in bonds for Nicholls State University Student Housing / NSU Facilities Corporation Project
- Accepted May 31, 2022 budget report
- Approved Executive Director's report
- Accepted minutes from May 12, 2022 meeting
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Executive Committee will review financial reports and technical amendment requests for Downsville Community Charter, Inc. and American Biocarbon CT, LLC. The board is also reviewing final approval requests for two major bond series projects.
- Lafourche Parish Hurricane Ida Recovery Project, Series 2022 (not to exceed $110,000,000)
- Jefferson Culture and Park Project, Series 2022 (not to exceed $15,000,000)
- Technical amendment requests for Downsville Community Charter, Inc. and American Biocarbon CT, LLC.
The Executive Committee approved final bond requests for hurricane recovery in Lafourche Parish and park improvements in Jefferson Parish. The board also accepted technical amendments for two other projects and approved the April 2022 budget report.
- Approved final request for Lafourche Parish Hurricane Ida Recovery Project bonds NTE $110,000,000 (contingent on State Bond Commission approval)
- Approved final request for Jefferson Culture and Park Project revenue bonds NTE $15,000,000
- Approved technical amendment for Downsville Community Charter, Inc. to change Not to Exceed interest rate from 7% to 8%
- Approved technical amendment for American Biocarbon CT, LLC to extend the scheduled mandatory tender date for $60,000,000 revenue bonds
- Accepted April 30, 2022 budget report
- Accepted minutes from April 14, 2022 meeting
- 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 are meeting to consider new project requests, technical amendments, and final approvals for several bond-financed projects. Key items include a $110 million hurricane recovery project for Lafourche Parish, a $25 million schools recovery project for Calcasieu Parish, and final approvals for sewer and port projects. The board will also review financial reports and audit reports.
- Lafourche Parish Hurricane IDA Recovery Project, Series 2022A — NTE $110,000,000
- Calcasieu Parish Schools Recovery Project, Series 2022 — NTE $25,000,000
- Bossier Parish Public Improvement Project, Series 2022 — NTE $16,000,000
- Downsville Charter School Inc. Project, Series 2022 — NTE $12,500,000
- Final approval for Town of St. Francisville Sewer Project ($5.25M) and St. Bernard Port Project ($7M)
The Executive Committee approved preliminary bond requests for Lafourche Parish and Downsville Charter School. Final approval was granted for sewer and port projects in St. Francisville and St. Bernard, contingent on State Bond Commission approval. The board also accepted the 2021 annual audit report.
- Approved preliminary request for Lafourche Parish Hurricane IDA Recovery Project bonds (NTE $110M)
- Approved preliminary request for Downsville Charter School revenue bonds (NTE $12.5M)
- Approved technical amendment for Bossier Parish Public Improvement Project (NTE $16M issuance)
- Approved interest rate increase (4% to 5%) for Louisiana Utilities Restoration Corporation bonds
- Approved second $25M tranche for Calcasieu Parish Schools Recovery Project
- Approved increase to $42.5M for Nicholls State University Student Housing project
- Approved final request for Town of St. Francisville Sewer Project bonds (NTE $5.25M)
- Approved final request for St. Bernard Port Harbor and Terminal District Project bonds (NTE $7M)
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Executive Committee is reviewing preliminary approval requests for several infrastructure projects and final approval requests for large-scale bond refinancings. The meeting also includes a review of the February 2022 financials and budget report.
- Preliminary approval for St. Bernard Port Harbor and Terminal District Project, Series 2022 (NTE $7,000,000)
- Preliminary approval for Jefferson Culture and Parks Project, Series 2022 (NTE $15,000,000)
- Preliminary approval for Town of St. Francisville Sewer Project, Series 2022 (NTE $5,250,000)
- Final approval for American Biocarbon CT, LLC Project, Series 2022 (NTE $135,000,000)
- Final approval for Lafourche Parish School Board Project, Series 2022 (NTE $150,000,000)
The Executive Committee approved several preliminary and final revenue bond requests for port, park, sewer, and school projects. The board also authorized refunding bonds for Louisiana Tech University student housing and a biorefinery project in White Castle.
- Approved preliminary request for St. Bernard Port Harbor and Terminal District Project (NTE $7M)
- Approved preliminary request for Jefferson Culture and Parks Project (NTE $15M)
- Approved preliminary request for Town of St. Francisville Sewer Project (NTE $5.25M)
- Approved final request for Louisiana Tech University Student Housing Series 2013 refunding (NTE $15M)
- Approved final request for Louisiana Tech University Student Housing Series 2015 refunding (NTE $42.5M)
- Approved final request for American Biocarbon CT, LLC biorefinery project (NTE $135M)
- Approved final request for Lafourche Parish School Board facilities project (NTE $150M)
- Accepted February 28, 2022 budget 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 for bond issuances. Key items include a $3.2 billion Louisiana Utilities Restoration Corporation project, a $150 million Lafourche Parish School Board project, and a $15 million St. Charles Parish GOMESA project. The board will also approve minutes, financials, and a resolution for bank signatories.
- Louisiana Utilities Restoration Corporation Project / ELL Series 2022A — NTE $3,200,000,000 (final approval request with waiver of rules)
- Lafourche Parish School Board Project, Series 2022 — NTE $150,000,000 (new project request)
- St. Charles Parish GOMESA Project, Series 2022 — NTE $15,000,000 (final approval request)
- Approval of minutes from January 13, 2022
- Resolution for bank signatories
The Executive Committee approved several bond requests, including a multi-billion dollar project for utility restoration and a coastal protection project for St. Charles Parish. The board also accepted a preliminary request for Lafourche Parish School Board facilities and approved the December 2021 budget report.
- Approved NTE $3,200,000,000 in revenue bonds for Louisiana Utilities Restoration Corporation Project/ ELL Series 2022A
- Approved NTE $15,000,000 in revenue bonds for St. Charles Parish GOMESA Project (contingent on State Bond Commission approval)
- Approved waiver request for St. Charles Parish to obtain final approval before State Bond Commissions approval
- Accepted preliminary request for NTE $150,000,000 in revenue bonds for Lafourche Parish School Board Project, Series 2022
- Accepted December 31, 2021 budget report
- Approved Executive Director's report
- Accepted minutes from January 13, 2022 meeting
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development Committee and Executive Committee will meet to review several new project requests, including bonds for St. Charles Parish and Louisiana Tech University. The Executive Committee will also consider final approval requests for drainage and school recovery projects and discuss a resolution for a Natural Gas Financing Program.
- St. Charles Parish GOMESA Project, Series 2022 — NTE $15,000,000
- Louisiana Tech University Student Housing/Facilities revenue refunding bonds up to $42,500,000
- East Ascension Consolidated Gravity Drainage District No. 1 Project, Series 2022 — NTE $3,590,000
- Terrebonne Parish School Recovery Project, Series 2022 — NTE $200,000,000
- Resolution for the development of a Natural Gas Financing Program
The Executive Committee approved several preliminary and final bond requests for infrastructure, education, and university housing. The board also authorized a new Natural Gas Financing Program and updated various organizational policies.
- Approved final request for Terrebonne Parish School Recovery Project NTE $200M (contingent on State Bond Commission approval)
- Approved final request for East Ascension Consolidated Gravity Drainage District No. 1 NTE $3,590,000 (contingent on State Bond Commission approval)
- Accepted preliminary request for St. Charles Parish GOMESA Project NTE $15,000,000
- Accepted preliminary request for Louisiana Tech University Student Housing/Innovative Student Facilities, Inc. NTE $15,000,000
- Accepted preliminary request for Louisiana Tech University Student Housing and Recreation Facilities NTE $42,500,000
- Approved resolution for Natural Gas Financing Program and Intergovernmental Agreement with Town of Woodworth
- Accepted two new policies (Sexual Harassment, IT Disaster Recovery) and 14 revised policies
- Accepted December 31, 2021 budget report