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One project in Baton Rouge involves the approval of $40 million in limited tax bonds for the East Baton Rouge Parish School Board to make improvements and construct academic and athletic facilities.
Limited tax bonds totaling $9 million were approved for the Iberville Parish Council to fund improvements for the Iberville Parish Public Library and its branches.
The Louisiana Treasury said the commission also authorized $41 million in Priority 1 cash lines of credit and $136 million in Priority 5 non-cash commitments for local government projects.
“The projects approved today represent smart investments in Louisiana’s future. From strengthening schools and hospitals to upgrading infrastructure and public safety facilities, these actions provide local governments the tools they need to deliver for the people of Louisiana,” Treasurer John Fleming said.
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