The state Bond Commission on Thursday agreed to a $125 million new project spending list submitted by the Jindal administration.
Gov. Bobby Jindal picked the projects from a long wish list included in the state’s capital construction program. The state has a borrowing limit of $355 million in the fiscal year that began July 1. Legislators inserted projects in the construction program that totaled far more money than the state could spend. That gave Jindal the decision-making authority.
The commission, without objection, endorsed Jindal’s list that included:
- $6 million associated with the St. Tammany Parish Cultural Arts District.
- $350,000 toward a museum and interpretative center at Poverty Point, which recently received World Heritage Site status.
- $1 million to start evaluation of a regional freeway system expansion in East and West Baton Rouge parishes.
- $480,000 for major repairs to Southern University’s F.G. Clark Activity Center in Baton Rouge.
- $200,000 for Jefferson Parish north and south sewer lift station backup generators.
- $400,000 toward Lafayette Central Park improvements.
- $375,000 for a new Consolidated Westbank Fire Station.
The panel also gave initial approval for the borrowing by state government of $200 million to cover cash lines of credit on projects already underway.
And the Bond Commission also approved proposed borrowing that local governments want.