Bond Commission Approves Financing Two Projects

The DeSoto Parish Police Jury was notified on September 16th that the sale of bonds to finance construction of a Justice Complex had been approved.  The $11,000,000 project will include a correctional facility with the ability to house male, female and juvenile inmates.  There will also be offices for the Sheriff.

Also on September 16th, DeSoto Parish, Waterworks District No. 1 received notice from the Bond Commission that the request for water revenue refunding bonds.  The amount is not exceeding $3,125,000 Water Revenue Refunding Bonds, not exceeding 3.25%, mature no later than August 1, 2041, (1) refunding Water Revenue Bond, dated August 7, 2001, and Taxable Water Revenue Bonds, Series 2010B and Series 2017 and (2) funding a reserve fund.