Last Modified: Friday, January 31, 2014 12:27 PM
LEESVILLE — The City Council on Monday unanimously approved an ordinance to allow the city to provide water service to what will become a new development on La. 467.
The measure authorizes Mayor Robert Rose to enter into a buy-sell agreement with the East Central Vernon Water System, allowing the city to acquire property for infrastructure improvements along the highway.
“The Legislature has appropriated $280,000 towards the purchase of this, which will require then $84,000 out of city pocket to complete the acquisition of the water assets out there,” Rose said.
The acquisition of the water assets is part of a larger goal of developing the University Parkway Economic Development District after the state awarded Leesville and Vernon Parish $25 million to provide water and sewer service and an arterial connecting La. 467 to La. 468.
According to a news release, Rose said the acquisition will allow the city to attract chain restaurants, retail shopping opportunities and better housing for soldiers and residents.
The city will also acquire assets along La. 467 and Hannah Road and lines connecting La. 467 to La. 468. Leesville and Vernon Parish have already begun construction of larger water lines in the area.
The money to finalize the agreement will be available in March, Rose said, with a closing date on the transaction set for March 31.