The State of Louisiana has implemented, through the Administration Division, an Endeavor cooperative agreement with LA Energy Partners, LLC. The State AEC with LAEP allows our nine institutions to participate in the agreement on similar terms described in the AEC. A.(1) In accordance with Article VII, paragraph 14, paragraph C of the Louisiana Constitution, political subdivisions and political capital companies may enter into a cooperation agreement with a public or private association, company or individual to carry out a local infrastructure project with a view to achieving a public purpose. All capital improvements must turn to public ownership and local infrastructure projects, as approved in this chapter. (3) Consequences for the association, the organization or the individual, public or private, in the event of delay or failure on the part of the association, society or individual, which include, if necessary, the reimbursement to the local public authority of rebates, tax credits or other incentives or expenses incurred. This agreement can be carried out in any number of counterparties, and each of these counterparties is considered an original instrument, but all of these combined counterparties are only an agreement. IN WITNESS WHEREOF, the parties have implemented this cooperation agreement effective on the date mentioned above. (2) As is the case in this chapter, a “local government unit” refers to the political sub-division or political entity empowered to execute a cooperation agreement in accordance with this chapter. B. This cooperation agreement may provide for the investment, collateral, use or deposit of private funds and the guarantee of certain financial obligations by the public or private association, a company or an individual for certain financial obligations, in order to achieve the objectives set out in the agreement. The agreement outlines how the donation to the project will lead to the promotion of a public purpose of the local government authority. C. The cooperation agreement sets out in detail the following points: after a brief discussion, Mr Kinchen submitted a request, which was detached by Mr Cox, to adopt the Resolution of the Board of Directors, to continue the Law on Transfer with Restrictive Alliances and to conclude the endeavor cooperative agreement in its current form.
Campuses should click on the links below to take stock of the UL and PPM SYSTEM rule regarding real estate and the steps required for each campus to run its own AEC. The opportunity consists of a 39-year-old AEC project, which consists of three main components: PPM: Chapter VI facility planning, real estate and associated guidelines (FP-VI). IV.-1a) (2) Evidence of justified expectations that the benefits that the local government agency receives from the donation match or exceed local tax breaks, tax credits or other incentives to grant the project.