Posted: Nov 17, 2010 7:12 AM by Nichole Larkey
LAFAYETTE, La. (AP) - The Lafayette City-Parish Council has approved borrowing $26 million to pay for some long-neglected roads and bridges in rural areas of the parish.
About $10 million of the money will be used to replace bridges, some of which have already been closed, and $16 million will pay for rebuilding about 150 rural roads.
Officials say that the poor condition of the roads
and bridges in the rural areas is due mainly to a lack of tax revenue outside of the city limits to keep up with the growing infrastructure needs.
Voters approved the $26 million bond issue last year, and some of the projects have already begun with money on hand. The bonds will be repaid with existing property taxes