As one method of providing the financial participation determined by its local governing body to be its proper share of the cost of financing a rapid transit project or projects, a local government may, in the manner prescribed by law and subject to the conditions and limitations prescribed by law, issue its general obligation bonds, pay over the proceeds thereof to the authority, and thereby complete and make final the execution of the proposed rapid transit contract anticipated by such bond authorization and issuance, and the authority shall agree in such contract to perform for such local government the aforesaid governmental function and to provide specified public transportation services and facilities.ĭ. The final execution of a rapid transit contract shall be completed in every instance in the manner hereinafter set forth in this Section.Ĭ. If such determination contemplates a contractual obligation on the part of a local government to make payments to the authority over a period of time exceeding one year or to issue any bonds or other obligations evidencing indebtedness, such determination shall take the form of a rapid transit contract to be entered into between the authority and the local government. Bernard, and such other adjacent parishes as may elect to participate, subject to such limitations as are hereinafter set forth in this Section, shall determine the extent of financial participation and the time or times such financial participation may be required with respect to each of the local governments in order to finance provisions for a rapid transit system through the joint instrumentality of the authority. The board, with the approval of the local governing body of the parishes of Orleans, Jefferson, St. After the board shall have been appointed in accordance with Section 1655 of this Chapter any parish eligible to participate may apply for membership to the board in accordance with rules promulgated by the board. Within forty-five days of the effective date of this Act, the board shall be appointed in accordance with the provisions of this Chapter. Should the governing body of the parish fail to adopt such a resolution, the parish shall be deemed to have declined participation in the authority. Within thirty days of the effective date of this Act, the governing authority of each parish situated within the territory of the authority shall certify by resolution whether or not it desires to participate in the authority. For the purposes of this Chapter, provision for a rapid transit system within the regional area is declared to be an essential governmental function and a public purpose.ī. Participation by local government alternative methods of financingĪ.
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3000° K (red) lamps can be purchased separately. Comes with Spectralux® 6500° K (blue) T5 HO Lamps. High output lamps have an extremely high lumen per watt rating at 5,000 lumens per lamp. Eight-lamp model features two on/off switches to run four lamps at a time if desired. 12 ft power cord and on/off switch allow for easy operation. Now features additional hanging holes for V-hangers that are included with every fixture. Wire cable hangers included with every fixture. Sun Blaze® fixtures feature an advanced reflector design that delivers excellent reflectivity and diffusion.
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