The Red River Parish Fire Department has received the OK to issue Limited Tax Refunding Bonds.  Approval was given by the Red River Parish Police Jury at the October meeting held Wednesday morning.

On a roll call vote, all members of the jury voted yes to adopt the resolution.  This was required so that the bonds to refinance the new fire station could move forward. 

Voters approved the early renewal of the Fire Department’s property taxes this summer.  That had been requested to allow the department to sell more bonds to fund the refinancing of the bonds.  Otherwise the balance of the mortgage on the fire station would need to be paid by 2023.  This will also result in a significant drop in the Fire Department’s monthly payments.

The full proclamation is below.