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Gov. Bobby Jindal's top budget architect says the state will have enough money to cover the costs of privatizing all but one of the 10 LSU-run hospitals.more>> Gov. Bobby Jindal's top budget architect says the state will have enough money to cover the costs of privatizing all but one of the 10 LSU-run hospitals.more>> Within the next several weeks, at the mouth of Bayou St. John, a contractor will dredge a small channel to better connect the bayou with Lake Pontchartrain.
more>> Within the next several weeks, at the mouth of Bayou St. John, a contractor will dredge a small channel to better connect the bayou with Lake Pontchartrain.
more>> A federal judge has refused to let the city of New Orleans out of a potentially expensive agreement to reform its troubled police department.more>> A federal judge has refused to let the city of New Orleans out of a potentially expensive agreement to reform its troubled police department.more>> Harahan police and members of the Jefferson Parish Sheriff's Office are going out weekly to hunt for the animals, which pose a danger to the community.
more>> Harahan police and members of the Jefferson Parish Sheriff's Office are going out weekly to hunt for the animals, which pose a danger to the community.
more>> For the first time in 65 years, the building which houses Brennan's restaurant will no longer be owned by one of the city's premiere restaurant families. It was sold at auction this afternoon, in spitemore>> For the first time in 65 years, the building which houses Brennan's restaurant will no longer be owned by one of the city's premiere restaurant families. It was sold at auction this afternoon, in spitemore>> "Fourth District detectives obtained an arrest warrant for 22-year-old Kemond Pierre, for shooting a 25-year-old man multiple times Sunday, May 16."more>> "Fourth District detectives obtained an arrest warrant for 22-year-old Kemond Pierre, for shooting a 25-year-old man multiple times Sunday, May 16."more>> The Louisiana Senate has killed a resolution that sought to keep the state from using a set of uniform national standards for public school testing, called Common Core standards.more>> The Louisiana Senate has killed a resolution that sought to keep the state from using a set of uniform national standards for public school testing, called Common Core standards.more>> The African-American pilots and crews overcame prejudice to get training and to fly in combat during World War II.more>> The African-American pilots and crews overcame prejudice to get training and to fly in combat during World War II.more>> Gulf of Mexico anglers will have a longer red snapper season than they thought.more>> Gulf of Mexico anglers will have a longer red snapper season than they thought.more>> Federal forecasters are predicting yet another busy hurricane season. Thursday's outlook calls for 13 to 20 named stormsmore>> Federal forecasters are predicting yet another busy hurricane season. Thursday's outlook calls for 13 to 20 named stormsmore>>
BATON ROUGE, La. (AP) - Agriculture Commissioner Mike Strain will borrow $7 million to take control of a defunct sugar cane mill in southwest Louisiana that was built with state tax dollars and only operational for 90 days.
Strain received approval Thursday from the Bond Commission to borrow the money through a bond sale and repay it over 10 years.
The mill is teetering on default of its debt payments. Strain says if the state doesn't buy out the mill, a bank would take over the property and the agriculture department wouldn't be able to sell it or lease it to recoup some of its investment.
Strain said his department has spent $78 million to build and maintain the Lacassine mill constructed under his predecessor, Bob Odom. It was appraised for less than $7 million.
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