Louisiana Revised Statutes 48:1707 – Limitations on taxing authority
Terms Used In Louisiana Revised Statutes 48:1707
- Commission: shall mean the Bi-State Corridor Commission. See Louisiana Revised Statutes 48:1701
- Highway: shall mean a route, which shall run from Many, Louisiana, in Sabine Parish through Lockesbury, Arkansas, to the Oklahoma state line, as presently located and any improvement or extension thereof within the boundaries of the commission. See Louisiana Revised Statutes 48:1701
- Project: shall mean the construction, expansion, improvement, or extension of a route which shall run from Many, Louisiana, in Sabine Parish through Lockesbury, Arkansas, to the Oklahoma state line, including the four-lane improvements or any portion thereof within the boundaries of the district; the construction of bridges, overpasses, causeways, underpasses, traffic circles, interchanges, and landscaping relating thereto; and the long-term economic/industrial development and tourism development of the corridor area. See Louisiana Revised Statutes 48:1701
No tax, fee, or charge shall be proposed unless and until public notice of the intention to submit such tax, fee, or charge for voter approval is published in the official journal of each parish included within the boundaries of the commission at least thirty days prior to the date on which the board of commissioners shall consider and vote on a resolution calling for said tax election. Such notice must set forth:
(1) A general description of the highway project to be funded through bonds to be serviced by said tax.
(2) The total approximate cost of the highway project.
(3) The portion of the total cost of said highway project which will be funded through revenues of the commission.
(4) The date on which construction is anticipated to begin and the anticipated date of completion.
(5) The date, time, and place of the meeting at which said resolution shall be considered.
Acts 1991, No. 792, §1, eff. July 19, 1991.