BATON ROUGE, La. (AP) - State officials have agreed to borrow $100 million, allowing work to begin on a number of rural road projects.
However, problems with the state's debt limit and a dwindling capital outlay fund are preventing the state from moving forward on the entire list.
The Advocate reports state Treasurer John Kennedy, House Speaker Chuck Kleckley and Senate President John Alario will sit down with the Jindal administration and other state officials to develop a solution to the problem.
In the meantime, the state Bond Commission's action Thursday will allow roadwork to begin in multiple parishes, including resurfacing 6.8 miles of La. 413 in West Baton Rouge Parish and resurfacing 1.4 miles of La. 46 from the Yscloskey Bridge in St. Bernard Parish to the Mississippi River Gulf Outlet.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
2/22/2013 6:48:05 AM (GMT -6:00)