Lake Charles Bond Issue - KPLC 7 News, Lake Charles, Louisiana

Lake Charles Bond Issue

Shall the city of Lake Charles acquire, construct, or improve streets and roads, parks and recreational facilities, water and waste water systems, downtown and/or lakefront development infrastructure and economic development facilities within the city and pursuant to cooperative endeavor agreements with Calcasieu Parish, title to which shall be in the public, be funded by the city through (a.) levy, assessment and collection of 60 percent of gaming revenues, a 20-year sales and use tax of ¼ of 1 percent within the city, a 20-year ad valorem tax not to exceed 2.5 mills, utility fees and revenues received by the city, and existing sales tax and utility revenues received by the city not otherwise dedicated to payment of outstanding debt, and (b.) issuance of bonds, notes or loans in an amount not exceeding $90 million, not to exceed 20 years, with interest at a rate not exceeding 7.5 percent per annum, which bonds, notes or loans shall be retired with, paid from and secured by a pledge and dedication of revenues?

Lake Charles voters will vote "for" or "against."

 


 

  • More Local NewsNewsMore>>

  • UPDATE: Suspects in Broad Street homicide arrested

    UPDATE: Suspects in Broad Street homicide arrested

    Saturday, July 22 2017 9:59 PM EDT2017-07-23 01:59:00 GMT
    Johnnie Paul Hardman Jr. (Source: Lake Charles Police Department)Johnnie Paul Hardman Jr. (Source: Lake Charles Police Department)

    Three suspects in a homicide at an RV park on Broad Street Saturday morning have been arrested, according to the Lake Charles Police Department. LCPD responded to a 911 call in reference to an armed robbery and shooting at the Twelve Palms RV Park around 6 a.m. Saturday, July 22. 

    More >>

    Three suspects in a homicide at an RV park on Broad Street Saturday morning have been arrested, according to the Lake Charles Police Department. LCPD responded to a 911 call in reference to an armed robbery and shooting at the Twelve Palms RV Park around 6 a.m. Saturday, July 22. 

    More >>
  • LCPD holds recruitment day to hire 17 more officers

    LCPD holds recruitment day to hire 17 more officers

    Saturday, July 22 2017 9:48 PM EDT2017-07-23 01:48:50 GMT

    Dozens of law enforcement applicants poured into the Lake Charles Civic Center Saturday morning to see if they have what it takes to become a Lake Charles Police Officer. Applicants who turned out Saturday endured a number of health and psychological screenings. 

    More >>

    Dozens of law enforcement applicants poured into the Lake Charles Civic Center Saturday morning to see if they have what it takes to become a Lake Charles Police Officer. Applicants who turned out Saturday endured a number of health and psychological screenings. 

    More >>
  • Families gather in Sulphur for Alfi's Syndrome family reunion

    Families gather in Sulphur for Alfi's Syndrome family reunion

    Saturday, July 22 2017 9:04 PM EDT2017-07-23 01:04:57 GMT
    (Source :Maranda Whittington/KPLC)(Source :Maranda Whittington/KPLC)

    Saturday was a learning experience for parents of children with Alfi's Syndrome.  Families from all over the world traveled to Sulphur for the "9pminus" family reunion. 

    More >>

    Saturday was a learning experience for parents of children with Alfi's Syndrome. Families from all over the world traveled to Sulphur for the "9pminus" family reunion. 

    More >>
Powered by Frankly