SUBPART B-33. HAMMOND AREA ECONOMIC AND
INDUSTRIAL DEVELOPMENT DISTRICT
§130.611. Creation; purpose; boundaries
A. The Hammond Area Economic and Industrial Development District, referred to in this Subpart as the "district", is hereby created. The district shall be a body politic and corporate and political subdivision of the state of Louisiana as defined in the Constitution of Louisiana. The district, acting through its board of commissioners, 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 provided in this Subpart.
B. The district is established for the primary object and purpose of promoting and encouraging the development of economic and industrial opportunities, stimulating the economy through renewed commerce and industry, 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 the city limits of the city of Hammond, including all land subsequently annexed thereto.
Acts 2003, No. 1167, §1.
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