§ 33:130.871 — Vernon Parish Development District; creation; territorial jurisdiction

Louisiana § 33:130.871

• Jurisdiction: Louisiana
• Title 33: Municipalities and Parishes

Text

§130.871. Vernon Parish Development District; creation; territorial jurisdiction
A. The Vernon Parish Development District, hereinafter referred to as the "district",
is hereby constituted 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 Constitution of Louisiana. Pursuant
to Article VI, Sections 19 and 21 of the Constitution of Louisiana, the district, acting through
its board of commissioners, the governing authority of the district, is hereby granted all of
the rights, powers, privileges, and immunities granted to political subdivisions for economic
and industrial development purposes, including but not limited to the power of taxation, the
power to incur debt and issue revenue and general obligation bonds, certificates of
indebtedness, bond and certificate anticipation notes, and refunding bonds, subject to the
limitations hereinafter provided.
B. The district created pursuant hereto shall be established for the primary object and
purpose of promoting and encouraging the development of economic and industrial
opportunities, stimulating the economy through renewed commerce and industry, and for the
utilization and development of natural and human resources of the area by providing job
opportunities.
C. The boundaries of the district shall be coterminous with the boundaries of Vernon
Parish.

Legislative History

Acts 2020, No. 320, §1, eff. June 12, 2020.