§ 48:771 A. The Capitol Area Road and Bridge District is hereby created as a political subdivision of the state of Louisiana for the purpose of raising revenue to finance road and bridge proj
§ 48:772 As used in this Part, the following words, terms, and phrases shall have the meaning ascribed to them in this Section, except where the context clearly indicates a different meaning:
§ 48:773 The management and control of the district shall be vested in a board of commissioners composed of seven members:
§ 48:774 A. At the first meeting of the board and annually thereafter, the members shall select a chairman and a secretary from the membership and such other officers as the board deems neces
§ 48:775 A. The district is hereby declared to constitute and is declared to be a body politic and political subdivision of the state of Louisiana, as defined in Article VI, Section 44 of the
§ 48:776 The district and the board of commissioners therefor shall have, with respect to all of the powers and functions prescribed by this Part, the advice and services of the Department of
§ 48:777 No provision of this Part shall be construed so as to exempt the district from compliance with the provisions of Louisiana laws pertaining to open meetings, public records, fiscal ag
§ 48:778 A. Pursuant to Article VI, Section 30 of the Constitution of Louisiana, the board of commissioners may levy an ad valorem tax or taxes for a term as determined by the board of commis
§ 48:779 A. The district may levy and collect a parcel fee within the boundaries of the district which shall not exceed five hundred dollars per parcel per year. The parcel fee shall be impos
§ 48:780 A. The district may, in accordance with the Subsection, levy and collect a sales and use tax not to exceed one percent within the district. The sales and use tax authorized by this S

Terms Used In Louisiana Revised Statutes > Title 48 > Chapter 2 > Part VIII - Capital Area Road and Bridge District

  • Bonds: means any bonds, notes, certificates, or other written contracts or instruments evidencing the obligation to repay borrowed money regardless of the designation thereof. See Louisiana Revised Statutes 48:772
  • District: means the Capital Area Road and Bridge District created by this Part. See Louisiana Revised Statutes 48:772
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Quorum: The number of legislators that must be present to do business.