The Executive Committee of the LCDA, at the January 10, 2019 meeting, gave preliminary approval to three (3) projects for a total of Not to Exceed $60,000,000 in bonds.The three projects were as follows: (1) ULM Student Housing LLC Project, Series 2019 – $34,000,000(2) City of Crowley, Louisiana Public Improvement Bonds, Series 2019 – $20,000,000(3) […]
LCDA Approves $60,000,000 in Projects Read More »
2017 was a very good year of issuance for the Louisiana Local Government Environmental Facilities and Community Development Authority “LCDA”. The LCDA issued bonds on 21 projects totaling $947,282,000. Additionally, the LCDA participated in the remarketing of a $250,000,000 transaction closed a month earlier for Westlake Chemical and the restructuring of a $32,380,000 transaction done
LCDA issues $947.282 Million in Bonds in 2017 Read More »
June 20, 2018Louisiana Local Government Environmental Facilities and CommunityDevelopment Authority (LCDA) Issues First of Its Kind GOMESAMunicipal Bonds for Cameron Parish, LouisianaBaton Rouge— June 20, 2018 — the Louisiana Local Government EnvironmentalFacilities and Community Development Authority (Louisiana Community DevelopmentAuthority or LCDA), announced the recent closing on the first of its kind municipal bond issuein Louisiana
On October 24, 2017, the Louisiana Local Government Environmental Facilities and Community Development Authority (“LCDA”) issued two (2) series of bonds for the Louisiana Community and Technical College System (“LCTCS”). The first issuance of $22,750,000 was for the refunding of bonds for the Delta Campus Facilities Corporation, which is a non-profit entity to benefit the
LCDA issues bonds for Louisiana Community and Technical College System Read More »
On August 6, 2014, the Louisiana Local Government Environmental Facilities and Community Development Authority (“LCDA”) issued bonds on behalf of the Louisiana Utilities Restoration Corporation (“LURC”) for the benefit of Entergy Gulf States Louisiana, LLC (“EGSL”) and Entergy Louisiana, LLC (“ELL”). The purpose of the System Restoration Bonds was to finance a non-shareholder capital contribution
By Ty E. CarlosExecutive Director, Louisiana Communtiy Development Authority If you have issued bond in the past 10 years, it is important you know that the Division of Enforcement (“Division”) of the Securities and Exchange Commission (“SEC”) has announced its Municipalities Continuing Disclosure Cooperation Initiative (“MCDC Initiative”) to address violations with representations regarding continuing disclosure
MCDC Initiative impacts local government bond issuers Read More »