Ruston Taxpayers to Pay $6.4 Million on Shopping Center Construction

A cooperative endeavor agreement signed last November obligates Ruston taxpayers for $6.4 million toward the site development of a retail development under construction at the northwest corner of I-20 and Cooktown Road.

Among the obligations are:

$1.75 million for paving, curbs and gutter
$1.4 million for earthwork
$.75 million for storm and sanitary sewers

The agreement was authorized last October, but at that time, no cost figures were mentioned.

In November, the council authorized an additional 1/2 cent sales tax within the tax district that encompasses the retail development. That tax is dedicated to fund infrastructure improvements related to the district.

Hutton, a Chattanooga-based company is the developer.

See here the complete document.

2 Responses to “Ruston Taxpayers to Pay $6.4 Million on Shopping Center Construction”

  1. Rectum Says:

    gay

    Ruston Taxpayers to Pay $6.4 Million on Shopping Center Construction | Lincoln Parish News Online

  2. discuss Says:

    additional hints

    Ruston Taxpayers to Pay $6.4 Million on Shopping Center Construction | Lincoln Parish News Online

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 )

Google photo

You are commenting using your Google 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 )

Connecting to %s


%d bloggers like this: