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FINANCIAL_SERVICESAPPROVED

LSU Board of Supervisors Meeting Agenda April 2026

Alexandria funds LSUA downtown health education campus with $3M CEA

$3,000,000Louisiana State University-EuniceCITY OF ALEXANDRIAApril 23, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Alexandria will enter a Cooperative Endeavor Agreement with LSU to provide $3 million in milestone‑based funding for the LSUA Downtown Health Education Campus. In return, LSUA will construct and operate the facility, expand healthcare training capacity, and support local workforce and downtown revitalization goals.

Contract Details

Contract Amount

$3,000,000

Vendor

CITY OF ALEXANDRIA

Agency

Louisiana State University-Eunice, LA

Contract Type

FINANCIAL_SERVICES

Document Date

April 23, 2026

Contract Term

Milestone-based disbursements tied to project construction progress; Agreement effective May 1, 2026 and runs until full $3M contribution is delivered

Renewal Info

Agreement term extends until full $3M contribution is disbursed and related obligations are met; no automatic renewal, but amendments may be negotiated by the designated contract monitors.

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