The district is created, given political-subdivision status, and its board is given broad development powers, including taxation and borrowing.
SUBPART B-21. CATAHOULA ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT §130.451. Catahoula Economic and Industrial Development District; creation; territorial jurisdiction A. The Catahoula Economic and Industrial Development District, hereinafter referred to as the "district", is hereby constituted and is declared to be a body politic and political subdivision of the state, as defined in Article VI, Section 44 of the Constitution of Louisiana. Pursuant to Article VI, Sections 19 and 21 of the Constitution of Louisiana, the district, acting through its board of commissioners, hereinafter referred to as "board", the governing authority of said district, is hereby granted all of the rights, powers, privileges, and immunities granted to political subdivisions for economic and industrial development purposes, including but not limited to the power of taxation, the power to incur debt and issue revenue and general obligation bonds, certificates of indebtedness, bond and certificate anticipation notes, and refunding bonds, subject to the limitations hereinafter provided. B. The district created pursuant hereto shall be established for the primary object and purpose of promoting and encouraging economic and industrial development and tourism opportunities, stimulating the economy through renewed commerce, industry, research, and tourism, and for the utilization and development of natural and human resources of the area by providing job opportunities. C. The boundaries of the district shall be coterminous with the boundaries of Catahoula Parish. Acts 1993, No. 494, §1, eff. June 10, 1993. {{NOTE: SEE ACTS 1993, NO. 494, §2.}}