
By JIM BUTLER
The obligatory public hearing will be Wednesday in Baton Rouge for the proposed issuing of non-public bonds for developing specific health facilities in Pineville.
Bonds capped at $15 million would finance CDF Health Care – Cenla’s acquiring ownership and development of facilities and equipment.
Property involved is on the Shreveport highway on the access road and adjacent to the Gateway facility and on Laurel Street.
CDF intends to provide residential and outpatient programs for low-income persons suffering from mental health and substance abuse/addictive disorders.
The bonds involve no local or state obligations. They are secured and payable solely out of income, revenue and accounts held under trust indenture.
LLEGF was created in the early 1990s to provide a financing vehicle for what has been a large number of projects over the decades.
It has a seven-member executive committee elected from among its membership board. Woodworth Mayor David C. Butler II is among those seven.
Pineville officials recently voted to participate in the organization and Mayor Rich Dupree became a member of the membership board.
The organization’s offices are at 5641 Bankers Ave, Building B. Tye Carlos is executive director. Primary phone number is 225-924-6150.