Commission OKs $300M

The Louisiana State Bond Commission last week approved $300 million of funding for capital improvement projects on the Legislature’s capital outlay list.

The SBC also approved debt refinancing that’s expected to provide $15 million of savings for state and local projects.

Projects approved for bond financing include a $15 million student parking facility at McNeese State University and $10 million for acquisition and development of a trail project in the Algiers section of New Orleans.

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