I-20 Board to Ask for Extension of District

The Interstate 20 Economic Development District Board of Directors will be asking the Louisiana Legislature for a extension of the agency’s term, now set to expire in 2025.

Board President Otis Chisley said at last night’s meeting, that Senator Francis Thompson (District 34) would be willing to sponsor enabling legislation to keep the Tax Increment Financing (TIF) district in operation for another twelve years.

The district was originally created by an act of the Legislature in 1996.

Chisley said he would need letters from the Ouachita Parish Police Jury (OPPJ), the Mayor of Monroe, the local Chamber of Commerce, and the Monroe City Council supporting the effort.

The board also heard a report on a drainage study being conducted by S. E. Huey Co..

Charles Taylor and Hunter Lancaster showed aerial photos of three plans they considered to move runoff from the north side of Interstate 20 to the south side and then into Bayou Lafourche.

The projects ranged in cost from about $3 million to about $4 million.

Taylor noted that as the area was further developed and paved, runoff would increase and exacerbate existing drainage issues.

The board said they would study the proposals and make a decision.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: