Broussard Mayor to ask for resolution against use of funds for COSTCO, other private retailers
POSTED: Monday, July 21, 2014 - 12:03pm
UPDATED: Monday, July 21, 2014 - 12:08pm
Lafayette, LA (KADN) — Broussard Mayor Charlie Langlinais issued a statement voicing his opposition to the Lafayette Industrial Development Board's decision to use Industrial Development Board money to support private retail development.
Mayor Langlinais says that the money the board is giving up for the COSTCO project is not money that was ever intended for retail, but was intended to help manufacturing instead.
Broussard's spokesperson, Amy Jones, says Mayor Langlinais is worried about the precedent this would set for business that will come to the area in the future.
"It's important to know that a lot of the projects that are happening, especially infrastructure projects that are happening in Broussard are being done through cash reserves." said Jones.
"So it's very important to understand the Mayor's issue in this particular situation all comes down to the fact that it is a bad precedent to take money that should have been used for manufacturing and is being used for private retail development. What are you going to do with the next retailer that comes in and wants to build a retail shopping center?"
Mayor Langlinais says he is going to ask the Broussard City Council to pass a resolution stating their opposition to the use of the IDB funds for private retail development.