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FINANCIAL_SERVICESREJECTED

Caddo Parish Commission Work Session Minutes January 2025

Sales Tax for PILOT with Edgemont Holdings Rejected

Caddo Parish CommissionEDGEMONT HOLDINGS LLCJanuary 6, 2025

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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 Commission rejected a proposal to establish a 2% sales tax to accelerate reimbursements under the PILOT agreement with Edgemont Holdings, LLC for infrastructure investments at the I-49 North Corridor travel center.

Contract Details

Vendor

EDGEMONT HOLDINGS LLC

Agency

Caddo Parish Commission, LA

Contract Type

FINANCIAL_SERVICES

Document Date

January 6, 2025

Contract Term

to end of 2035 for current PILOT, possible adjustment

Renewal Date

2035-12-31

Renewal Info

Existing PILOT program with reimbursement scheduled through 2035; proposal would have advanced reimbursement timeline by five years.

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