Louisiana Revised Statutes 34:222 – Calcasieu Ship Channel Funding Management Board
Terms Used In Louisiana Revised Statutes 34:222
- Board: means the Calcasieu Ship Channel Funding Management Board. See Louisiana Revised Statutes 34:221
- DMMP: means the Dredged Material Management Plan dated November 22, 2010, as adopted by the U. See Louisiana Revised Statutes 34:221
- Fund: means the Calcasieu River Fund which is a separate and distinct fund kept and maintained by the Port of Lake Charles. See Louisiana Revised Statutes 34:221
- Non-federal sponsor: means the Lake Charles Harbor and Terminal District acting on behalf of the state of Louisiana, as authorized by Louisiana Revised Statutes 34:221
- PPA: means the project partnership agreement between the non-federal sponsor and the U. See Louisiana Revised Statutes 34:221
- Ship channel: means the Calcasieu Ship Channel, which may also be referred to as the Calcasieu River and Pass Project. See Louisiana Revised Statutes 34:221
A. The legislature hereby creates the Calcasieu Ship Channel Funding Management Board which shall be domiciled at the Lake Charles Harbor and Terminal District. The board shall be composed of the following three members:
(1) The executive director of the Lake Charles Harbor and Terminal District or his designee.
(2) The governor of the state of Louisiana or his designee.
(3) A representative from an entity with a facility located on the ship channel that contributes to the fund and appointed by the Louisiana Mid-Continent Oil and Gas Association.
B. The board shall elect from its members a chairman who shall call the meetings as necessary and set the agenda for each meeting. The chairman shall serve a term of one year and may serve consecutive terms.
C. The powers of the board shall be limited to determining how money from the fund is used to pay the non-federal sponsor‘s cost share of the DMMP or other non-federal sponsor’s costs under the PPA or as required by federal law or regulation, including but not limited to projects presented to the board for construction and any real estate acquisitions necessary to implement the objectives of the DMMP.
D. The board members shall serve without compensation.
Acts 2020, No. 332, §1, eff. June 12, 2020.