2014 Louisiana Laws
Revised Statutes
TITLE 33 - Municipalities and Parishes
RS 33:130.813 - Powers of district and local governmental subdivision
§130.813. Powers of district and local governmental subdivision
A. The local governmental subdivision and the sustainable energy financing district shall have all of the rights and powers necessary to carry out and effectuate the purposes and provisions of this Subpart, including but not limited to:
(1) To provide financing to the owners of residential and commercial property within the district as authorized for the purposes of this Subpart.
(2) To establish terms, conditions, procedures, requirements, and programs to effectuate the provisions of this Subpart.
(3) To make and execute contracts and other instruments necessary in the exercise of the powers and functions of the district under this Subpart, including contracts with persons, firms, corporations, and others.
(4) To borrow money and issue bonds or obligations, and to pay for such bonds from assessments against property levied pursuant to this Subpart.
(5) To pledge or assign any monies, fees, charges, or other revenues and any proceeds derived by the district from the sale of bonds and other contracts or rights of the district.
(6) To apply and contract for assistance from the United States or other public or private sources, whether in the form of a grant, guarantee, loan, or otherwise, or to serve and act in such capacities when necessary or desirable to apply for and accept such grants, guarantees, subsidies, loans, or other assistance.
(7) To receive, administer, and comply with the conditions and requirements respecting any gift, grant, guarantee, subsidy, or donation of any property or money.
(8) To exercise any and all other powers necessary to accomplish the purposes of this Subpart.
B. The powers and rights conferred by this Subpart shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other general laws and shall not be regarded as in derogation of any powers now existing. The provisions of this Subpart shall be liberally construed for the accomplishment of its purposes.
Acts 2009, No. 348, §1.
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