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Baton Rouge issues $10M bond to start financing $170M downtonwn-LSU tram.

Posted on 6/22/16 at 6:35 pm
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 6/22/16 at 6:35 pm
LINK

quote:

The Metro Council agreed Wednesday to support a $10 million bond - to be repaid with parking fees - as initial funding for the envisioned tram connecting downtown and LSU.

...

The city-parish will repay the $10 million bond from downtown parking fees. Those funds will be part of the $34 million the city-parish would expect to pay for the $170 million tram. The additional city-parish funds could come from proposed taxes in a possible economic development district around the tram route.

The city-parish will apply for federal funds for the rest of the money, but warned that they needed a pledge of city-parish funding to be competitive at the federal level.


This so-called "tram" is never going to happen. Does anybody know who originally came up with this crazy pipe dream?

If it were to happen, it would be crunk.
This post was edited on 6/22/16 at 6:36 pm
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 6/22/16 at 6:37 pm to
They need to level that fricking ghetto between downtown and LSU first.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63329 posts
Posted on 6/22/16 at 6:37 pm to
no gondola or space elevator, no care
Posted by Modern
Fiddy Men
Member since May 2011
16877 posts
Posted on 6/22/16 at 6:38 pm to
You know Gary Chambers gonna say something about this.....



ETA: Too Late

quote:

I'm disappointed in several black metro council members tonight. They continue to vote for projects that don't help us address the concerns of north Baton Rouge and will lead to the gentrification of Old South Baton Rouge. The approval of $10 million for the "Tram" in downtown Baton Rouge is shameful. I personally reached out to 7 metro council members. The white council members explained their positions and I understand that, but for the black council members we keep supporting projects that won't help our communities. It's shameful. Don't let them convince you otherwise. I'll be writing on the issue shortly.


quote:

If the 3 blacks had not voted for the "Tram" it would've died because Councilman Wilson was absent. Only Chauna Banks from the black community did not vote against her community today. People can say what they want about Councilwoman Banks, at least her votes at this stage reflect what she says she is about which is north Baton Rouge. Even when we have the math to make a statement we are too weak to do so.
This post was edited on 6/22/16 at 6:41 pm
Posted by BayouBandit24
Member since Aug 2010
16576 posts
Posted on 6/22/16 at 6:39 pm to
quote:

The additional city-parish funds could come from proposed taxes in a possible economic development district around the tram route.


and these people are extremely unlikely to see a tangible benefit from this
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 6/22/16 at 6:39 pm to
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75216 posts
Posted on 6/22/16 at 6:42 pm to
LINK

Still waiting for "River Park" to begin construction.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17260 posts
Posted on 6/22/16 at 6:44 pm to
More wasted money, but somebody is about to get paid
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 6/22/16 at 6:45 pm to
Hasn't some of that started already?
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75216 posts
Posted on 6/22/16 at 6:46 pm to
Not that I can see
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
17013 posts
Posted on 6/22/16 at 6:47 pm to
Gary Chambers is so pathetic.

I just can't imagine why the council doesn't only vote on stuff to help black folks? I mean, if only north Baton Rouge were made better.

Oh wait, that would up property taxes and cause gentrification. Then he would bitch about that also
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 6/22/16 at 6:48 pm to
I believe the Commerce building is being done/has been done.
Posted by RonBurgundy
Whale's Vagina(San Diego)
Member since Oct 2005
13302 posts
Posted on 6/22/16 at 6:50 pm to
millions of dollars for a 3.5 mile system...where very few live.

People forget the rest of the city fights traffic everyday. Where is the plan for that?
Posted by reb13
Member since May 2010
10905 posts
Posted on 6/22/16 at 6:50 pm to
I thought they usually issued bonds for the whole amount? So basically some design firm is going to get $10m and then this will die and never have to produce anything. Corruption is tight.
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 6/22/16 at 6:50 pm to
What has he actually done to help NBR?
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 6/22/16 at 6:52 pm to
quote:

Gary Chambers is so pathetic.

I just can't imagine why the council doesn't only vote on stuff to help black folks? I mean, if only north Baton Rouge were made better.

Oh wait, that would up property taxes and cause gentrification. Then he would bitch about that also


Nah. Build really nice shite, but make sure the poors can live in the same areas at 1/1000th the price.
Posted by Langland
Trumplandia
Member since Apr 2014
15382 posts
Posted on 6/22/16 at 6:54 pm to
quote:

Still waiting for "River Park" to begin construction.
Bunch of dumb mother frickers.
Better idea is to raze the Catfish Town area and start anew. And they should get rid of that shite Belle of Baton Rouge casino too. Have you been in that parking garage? Jesus that place is filthy. For a lot of people that's their first impression of Baton Rouge.

I hate to say it, but downtown Baton Rouge is as good as it's gonna get.
Posted by LouisianaLonghorn
Austin, Texas
Member since Jan 2006
14177 posts
Posted on 6/22/16 at 6:56 pm to
They could build the freaking Taj Mahal in north BR and nobody would come because they don't want to get shot or robbed. It's people like Chambers who are the problem. All he wants to do is further divide the city based on race. The upcoming mayor's face is gonna turn into a "whites versus north BR" situation. The area north of LSU looks like a third world country. The best thing that could happen to that area is gentrification.
Posted by Modern
Fiddy Men
Member since May 2011
16877 posts
Posted on 6/22/16 at 7:02 pm to
quote:

What has he actually done to help NBR?



Having his office on Perkins Rd doesn't help at all......plenty office buildings on plank rd
Posted by Bmath
LA
Member since Aug 2010
18670 posts
Posted on 6/22/16 at 7:05 pm to
quote:

to be repaid with parking tickets


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