2024-0386
INTRODUCED BY: MICHELE DEBRULER, COUNCILWOMAN, DISTRICT VII
(DEPARTMENT OF ECONOMIC DEVELOPMENT & TOURISM)
RESOLUTION NO. ___________
Title
A resolution authorizing the publication of a Notice of Intention to create Luling Bridge Economic Development District No. 1 of the Parish of St. Charles, State of Louisiana, under the authority of Part II, Chapter 27 of Title 33 of the Louisiana Revised Statutes of 1950, as amended (La. R.S. 33:9038.31 et seq.); and providing for other matters in connection therewith.
Body
WHEREAS, Part II, Chapter 27, Title 33 of the Louisiana Revised Statutes of 1950, as amended (La. R.S. 33:9038.31, et seq.) (the "EDD Act") authorizes municipalities, parishes and certain other local governmental subdivisions to create economic development districts to carry out the purposes of the Act, which economic development districts are political subdivisions of the State of Louisiana and possess such power and authority and have such duties as provided by the EDD Act and other law; and,
WHEREAS, the Parish of St. Charles, State of Louisiana (the "Parish"), acting through this Council as its governing authority, desires to avail itself of the EDD Act to create an economic development district to be called "Luling Bridge Economic Development District No. 1 of the Parish of St. Charles, State of Louisiana" (the "District"), in accordance with La. R.S. 33:9038.32, in which local and State sales tax increments are expected to be determined and used to fund the Luling Bridge Economic Development District No. 1 Trust Fund; and,
WHEREAS, in accordance with the EDD Act, particularly La. R.S. 33:9038.32, this Parish Council now desires to give notice of its intention and to hold a public hearing relative to the proposed creation of the District, which notice shall be published in the Parish's official journal two (2) times prior to the public hearing.
NOW THEREFORE, BE IT RESOLVED by the St. Charles Parish Council, acting as th...
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