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Forums » Louisiana Fiber and 'Economic Blackmail'? » So... the 1300 jobs cost Lafayette taxpayers $18m?
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Socialist?! »
« How about some common sense...  
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FiberNow

@cox.net		reply to JTRockville
Re: What you people all fail to realize...

Revenue bonds to be paid back over 25 years.
to forum · permalink · 2005-02-28 23:57:42 · Reply to this


JTRockville
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reply to blah194
Which project is being funded with federal dollars? BS/Cingular call center, or the Lafayette municipal system?

Either way, I think you're mistaken.

The $18m for the BS/Cingular call center all came from Lafayette and Louisiana:

said by the advocate article in the news item:
The concessions include $10 million in state tax breaks, donation of land and the building from LEDA and discounted utilities from LUS, Gothreaux said.
State = Louisiana
LEDA = Lafayette Economic Development Authority
LUS = Lafayette Utilities System

I'm not sure how Lafayette plans to fund the municipal system, but I'd be absolutely shocked if the feds contributed.
to forum · permalink · · 2005-02-28 12:13:28 · Reply to this
Forums » Louisiana Fiber and 'Economic Blackmail'?Socialist?! »
« How about some common sense...  

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