$80M in new construction work approved by state officials
BATON ROUGE - Gov. Bobby Jindal's administration has won approval for $80 million in state construction plans, using all available spending capacity for the budget year before the governor exits office in January.
The State Bond Commission, which must sign off on construction spending, agreed to the plans without objection Thursday.
The action gives cash lines of credit to dozens of projects that will be financed in the budget year that ends June 30. It also commits the state - and Louisiana's next governor, elected this fall - to a long list of future projects.
Money will pay for roadwork, courthouse renovations, sewer upgrades and park improvements in towns around Louisiana. One of the larger commitments, $2 million, will be spent on rehabilitation and improvement of the lakes near LSU in Baton Rouge.