Louisiana Political News Wire
Road bond plan still lacks list
by MICHELLE MILLHOLLON - Advocate (excerpt)
A list of roads in Louisiana scheduled to be upgraded through state borrowing still is incomplete.
However, state officials agreed Thursday to move forward with hiring the legal experts and underwriters needed to issue the bonds for $325 million in improvements.
Members of the State Bond Commission urged the Jindal administration to quickly finish the project list, especially with the cost of borrowing money expected to increase this winter. “The biggest thing we’re lacking is a listing,” said state Rep. Jim Fannin. “The sooner the better.”
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