Local Government Environmental Facilities and Community Development Authority Board of Directors public meetings in 2024
11 substantive meetings from 2024, 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 of the Louisiana Community Development Authority will meet on December 12, 2024. They will consider a new project request for Baton Rouge Student Housing L.L.C. not to exceed $45,000,000, as well as the 2025 budget and the Executive Director's contract.
- Baton Rouge Student Housing L.L.C. — new project request, NTE $45,000,000
- Approval of minutes from November 14, 2024
- Financials and budget report as of November 30, 2024
- 2025 budget — final approval request
- Executive Director's contract — final approval request
The Executive Committee approved a preliminary request for revenue refunding bonds for Baton Rouge Student Housing LLC. The board also approved the 2025 budget and the Executive Director's employment agreement.
- Approved preliminary request for NTE $45,000,000 in revenue refunding bonds for Baton Rouge Student Housing LLC Project Series 2025
- Approved 2025 budget
- Approved Executive Director's employment agreement
- Accepted November 30, 2024 budget report
- Accepted minutes from November 14, 2024 meeting
- Approved Executive Director's report
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development and Executive Committees will meet to consider new project requests and final approvals for several bond issuances. The main items are a $40 million bond for the Cameron Parish School District, a $35 million bond for the Calcasieu Parish School Recovery Project, and a $40 million bond for the Christwood Project. The board will also approve minutes and receive a financial report.
- Cameron Parish School District Project, Series 2024 – NTE $40,000,000
- Calcasieu Parish School Recovery Project, Series 2024 – NTE $35,000,000
- Christwood Project, Series 2024 – NTE $40,000,000 (waiver of rules requested)
- Approval of minutes from October 10, 2024
- Financials and budget report as of October 31, 2024
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Louisiana Community Development Authority's committees and board will meet to consider several new project requests, including a $40 million Christwood project, a $9.5 million Jefferson Parish project, and an $180 million University of Louisiana at Lafayette energy project. The board will also review financial reports and elect committee members.
- Christwood Project, Series 2024 — up to $40,000,000
- Jefferson Parish Projects, Series 2024 — up to $9,500,000
- Ragin Cajun Facilities, Inc. — UL Lafayette Energy Project, Series 2024 — up to $180,000,000
- Louisiana Portfolio Project, Series 2024 — up to $9,500,000
- Approval of minutes and financial reports
The Executive Committee approved several bond requests for infrastructure and refinancing, including a large energy project for the University of Louisiana at Lafayette. The board also accepted the September 2024 budget report and approved the Executive Director's report.
- Approved preliminary request for NTE $40M in bonds for Christwood Project Series 2024
- Approved final request for NTE $9.5M in revenue bonds for Jefferson Parish Projects Series 2024 (contingent on State Bond Commission approval)
- Approved final request for NTE $180M in bonds for Ragin Cajun Facilities, Inc. Energy Project Series 2024 (contingent on State Bond Commission approval)
- Approved final request for NTE $93.5M in multi-family housing revenue refunding bonds for Louisiana Portfolio Project Series 2024
- Accepted September 30, 2024 budget report
- Approved Executive Director's report
- Accepted minutes from September 17, 2024 meeting
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development Committee will review new project requests for Jefferson Parish and 2B Green Holdings, LLC. The Executive Committee will review the committee's report alongside financial reports and several final approval requests.
- Jefferson Parish Project, Series 2024 – NTE $9,500,000
- 2B Green Holdings, LLC. Project, Series 2024 – NTE $10,000,000
- Vermilion Parish Louisiana GOMESA Project, Series 2019 technical amendment
- LA Tech University Parking – Innovative Student Facilities, Inc. Project, Series 2024 – NTE $10,000,000 (Waiver Request)
- City of Slidell Project, Series 2024 – NTE $19,820,000 (Waiver Request)
The Executive Committee granted final approval for revenue bonds to fund a new police headquarters in Slidell and a parking facility at Louisiana Tech University. The board also approved preliminary bond requests for Jefferson Parish and 2B Green Holdings, LLC, and a technical amendment for Vermilion Parish.
- Approved final request for NTE $19,820,000 in revenue bonds for Slidell Police Department headquarters and jail (contingent upon State Bond Commission approval)
- Approved final request for NTE $10,000,000 in revenue bonds for Louisiana Tech University parking facility
- Approved preliminary request for NTE $9,500,000 in revenue refunding bonds for Jefferson Parish public facilities
- Approved preliminary request for NTE $10,000,000 in bonds for 2B Green Holdings, LLC solid waste facilities
- Approved technical amendment to Vermilion Parish GOMESA Project Series 2019 Loan Agreement
- Accepted August 31, 2024 budget report
- Accepted August 8, 2024 meeting minutes
- Appointed five members to the 2025 Nominating Committee
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development and Executive Committees will meet to consider new project requests, including a $180 million energy project for the University of Louisiana at Lafayette and a $175 million sewerage bond for East Baton Rouge. They will also review technical amendments for Calcasieu Parish and a TEFRA hearing for Capital Trust Authority. Final approval requests for the East Baton Rouge Sewerage Commission and City of Pineville projects require a waiver of rules to proceed before State Bond Commission approval.
- Ragin' Cajun Facilities, Inc. – University of Louisiana at Lafayette Energy Project, Series 2024, not to exceed $180,000,000
- East Baton Rouge Sewerage Commission, Series 2024 – not to exceed $175,000,000 (request waiver of rules for final approval)
- Calcasieu Parish School Project, Series 2024 – not to exceed $35,000,000
- City of Slidell Project, Series 2024 – not to exceed $19,820,000 (Development) / $19,280,000 (Executive)
- City of Pineville Project, Series 2024 – not to exceed $10,000,000 (request waiver of rules for final approval)
The Executive Committee approved several preliminary and final bond requests for infrastructure, energy, and public safety projects. The board also accepted the July 2024 budget report and the Executive Director's report.
- Approved preliminary request for NTE $180M in revenue bonds for University of Louisiana at Lafayette Energy Project Series 2024
- Approved preliminary request for NTE $35M in revenue refunding bonds for Calcasieu Parish School Project Series 2024 (contingent on District resolution)
- Approved preliminary request for NTE $19.82M in revenue bonds for Slidell Police Department headquarters (contingent on City resolution)
- Approved technical request for NTE $25M in revenue bonds for Parish of Calcasieu Project Series 2018
- Approved technical request to host a TEFRA hearing for Capital Trust Authority regarding a senior living facility in St. Tammany Parish
- Approved final request for NTE $175M in revenue refunding bonds for East Baton Rouge Sewerage Commission (contingent on State Bond Commission approval)
- Approved final request for NTE $10M in revenue bonds for City of Pineville water and sewer system (contingent on State Bond Commission approval)
- Accepted July 31, 2024 budget report
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 agenda includes reviewing financial reports and the Executive Director's report.
- City of Pineville Project, Series 2024 – NTE $10,000,000
- East Baton Rouge Sewerage Commission Project, Series 2024 – NTE $175,000,000
- Jefferson Parish Projects, Series 2008 A&B technical amendment
- Cypress West Apartments – Multifamily Housing Revenue Bonds technical amendment
The Executive Committee approved preliminary requests for revenue bonds to fund water and sewer improvements in Pineville and refunding bonds for the East Baton Rouge Sewerage Commission. The board also approved two technical amendments for projects in Jefferson Parish and Westwego.
- Approved preliminary request for NTE $10,000,000 in revenue bonds for City of Pineville water and sewer systems
- Approved preliminary request for NTE $175,000,000 in revenue refunding bonds for East Baton Rouge Sewerage Commission
- Approved technical request for Second Supplemental Indenture for Jefferson Parish Projects Series 2008 A&B
- Approved technical request to change underwriter to DA Davidson for Cypress West Apartments bonds
- Accepted June 13, 2024 meeting minutes
- Accepted June 30, 2024 budget report
- 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 review new project requests and financial reports. The agenda includes a request for Patriot Services Group Louisiana, Inc. bonds and consideration of a resolution regarding an unpaid TEFRA fee.
- Patriot Services Group Louisiana, Inc. Portfolio MF Rev Ref Bonds, Series 2024 – NTE $115,000,000
- Resolution related to Wisconsin Public Finance Authority and CMI Covington, LLC., Unpaid TEFRA Fee
- Approval of May 9, 2024 minutes
- May 31, 2024 Financials and Budget Report
The Executive Committee approved a technical request for multi-family housing revenue refunding bonds to renovate five rental properties. The board also accepted the May 2024 budget report and the Executive Director's report.
- Approved technical request for Patriot Services Group Louisiana, Inc. Portfolio MF Revenue Refunding Bonds Project Series 2024 up to $115,000,000
- Accepted May 9, 2024 budget report
- Approved Executive Director's report
- Accepted minutes of the May 9, 2024 meeting
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development Committee and Executive Committee of the Local Government Environmental Facilities and Community Development Authority Board will meet on May 9, 2024. They will consider a technical amendment for the Kenilworth Science and Technology Academy Project, review financials and budget as of April 30, 2024, and discuss a special sponsorship request for the Rural Development Summit. The meetings also include approval of minutes and public comments.
- Technical amendment request for Kenilworth Science and Technology Academy Project
- Financials and budget report – April 30, 2024
- Special Sponsorship Request – Rural Development Summit (June 18-19, 2024)
- Approval of minutes – April 11, 2024
- Executive Director’s Report
The Executive Committee approved a technical amendment to allow bond sales for the Kenilworth Science and Technology Academy Project. The board also approved the April budget report and a sponsorship for a Rural Development Summit.
- Approved technical amendment for Kenilworth Science and Technology Academy Project to allow bond sales to Equitable School Revolving Fund, LLC
- Approved April 30, 2024 budget report
- Approved sponsorship for Rural Development Summit not to exceed $2,500
- Approved minutes from April 11, 2024 meeting
- Approved Executive Director's report
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development and Executive Committees of the Local Government Environmental Facilities and Community Development Authority meet to discuss and potentially approve two major bond financings: the Moulin Project (up to $60 million) and the New Iberia Road Project (up to $16 million), along with a technical amendment for CDF Healthcare and routine financial reports.
- The Moulin Project, Series 2024 – up to $60,000,000 in bonds
- New Iberia Road Project, Series 2024 – up to $16,000,000 in bonds
- CDF Healthcare – Amended and Restated Resolution
- Approval of minutes from March 14, 2024
- Financial and budget report as of March 31, 2024
The Executive Committee approved a preliminary request for revenue bonds to fund a senior and veteran-focused housing project. The board also granted final approval for road project bonds in New Iberia and accepted the 2023 annual audit report.
- Approved preliminary request for NTE $60.0 million in revenue bonds for The Moulin Project (241 single family rental homes in Broussard)
- Approved final request for NTE $16.0 million in bonds for New Iberia Road Project
- Approved technical request to amend and restate resolution for CDF Healthcare to increase NTE interest rate
- Accepted March 31, 2024 budget report
- Accepted 2023 Year End Audit Report
- Approved Executive Director's report
- Accepted minutes from March 14, 2024 meeting
Local Government Environmental Facilities and Community Development Authority Board of Directors
The Development Committee and Executive Committee will meet to consider new project requests, including a $40 million bond for the Cadence at Southern University project. Other items include a technical amendment for GMF-Bellemont, LLC, and final approval requests for a $3.65 million Cameron Parish Port project and a $15 million CDF Healthcare project. The board will also review financial reports and hold an executive session on personnel matters.
- Cadence at Southern University Project, Series 2024 – NTE $40,000,000
- GMF-Bellemont, LLC. Defeasance Escrow and Assignment of the Regulatory Agreement
- Cameron Parish Port, Harbor and Terminal District, Series 2024 – NTE $3,650,000
- CDF Healthcare – CENLA, Inc. Project, Series 2024 – NTE $15,000,000
- Executive Session – Personnel Matters
The Executive Committee approved several bond requests for regional development, including student housing and medical facilities. The board also accepted budget reports and a technical request for bond defeasance.
- Approved preliminary request for up to $40.0 million in revenue bonds for Cadence at Southern University Project (unanimous)
- Approved technical request for GMF-Bellemont, LLC. bond defeasance and regulatory agreement assignment (unanimous)
- Approved final request for up to $3.65 million in bonds for Cameron Parish Port, Harbor and Terminal District, contingent on State Bond Commission approval (unanimous)
- Approved final request for up to $15.0 million in revenue bonds for CDF Healthcare — CENLA, Inc. Project (unanimous)
- Accepted budget reports for January 31 and February 29, 2024 (unanimous)
- Approved minutes from February 8, 2024 meeting (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 consider new project requests for the New Iberia Road Project (up to $16,000,000) and the Cameron Parish Port, Harbor & Terminal District (up to $3,650,000). The Executive Committee will also consider final approval of the McNeese State University Student Union Project (up to $15,000,000) and review financial reports. The agenda includes approval of prior meeting minutes and an executive director's report.
- New Iberia Road Project, Series 2024 – NTE $16,000,000
- Cameron Parish Port, Harbor & Terminal District, Series 2024 – NTE $3,650,000
- McNeese State University – Cowboy Facilities, Inc. – Student Union Project, Series 2024 – NTE $15,000,000
- Financials and budget report for December 2023 and January 2024
- Approval of minutes from December 14, 2023
The Executive Committee approved preliminary bond requests for road improvements in New Iberia and property acquisitions for the Cameron Parish Port. The board also granted final approval for bonds to fund a new student union at McNeese State University and updated its travel reimbursement policy.
- Approved preliminary request for NTE $16 million in revenue bonds for New Iberia road projects
- Approved preliminary request for NTE $3,650,000 in revenue bonds for Cameron Parish Port, Harbor and Terminal District
- Approved final request for NTE $15 million in bonds for McNeese State University Student Union Project
- Approved revision to Per Diem Policy to pay mileage at IRS approved rate
- Accepted December 31, 2023, budget report
- Accepted minutes from December 14, 2023, meeting
- Approved Executive Director's report