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PUBLIC NOTICE (NOTICE OF INTENTION TO INTRODUCE BILL – SLS 12RS-216 & 217)

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PUBLIC NOTICE
(NOTICE OF INTENTION TO INTRODUCE BILL – SLS 12RS-216 & 217)
Public notice is hereby given that there may be introduced at the session of the Legislature to be convened on March 12, 2012, a bill relative to the city of Grambling; to provide for the creation of a special taxing district and political subdivision of the state in the city; to provide for cooperative economic development among the city of Grambling, the State of Louisiana, and the district, in order to provide for construction, infrastructure, renovation and development of certain properties within the city; to provide for governance of the district and its boundaries, and its rights, powers, and duties, including taxing authority; to provide relative to financing of district activities and expenses, including tax incremental financing, issuance of revenue bonds, and other financing allowed by law; to provide relative to the authority of the district to levy a tax on hotel occupancy and any and all other taxable sales within the district which shall supersede and be levied in lieu of all or part of all other state and local taxes provided by law; and to provide for related matters.
2td: February 8 & 9, 2012

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