Lafayette Officials Promote Tax For Airport
LAFAYETTE, LA (AP) — Lafayette Airport Commission members promoting a Dec. 6 tax election have heard from voters that more terminal gates and parking are needed at the airport.
Officials say the proposed 1-cent sales tax that would be levied from April 1 to Nov. 30, 2015, to help pay for the improvements.
The Advocate’s Billy Gunn reports commissioners have crisscrossed the parish promoting the tax's benefits, which would bring in $35 million to $37 million.
The proceeds would constitute part of $90 million needed to build a new terminal that would have five boarding gates instead of the current three.
To get the full $90 million needed, the airport would borrow $30 million or more through bond sales, then rely on grants to fund the balance.