Road Sales Tax District Proposition
Shall Road Sales Tax District of the Parish of Lafourche, State of Louisiana (the "District") be authorized to levy and collect a sales and use tax of 0.50% within the District (the "Tax") for a period of twenty (20) years, commencing October 1, 2023 (an estimated $6,200,000.00 reasonably expected at this time to be collected from levy of the Tax for an entire year), with the proceeds of the Tax to be dedicated and used for the purposes of constructing, improving, and/or maintaining public roads, bridges and drainage works in the District and for funding the proceeds of the Tax into bonds to be issued for any of the aforesaid purposes, including refinancing outstanding debt of Consolidated Sales Tax District A and Road District #2 (collectively, the "Underlying Districts"), said Tax shall be levied in lieu of all sales and use taxes currently levied by the Underlying Districts and shall be contingent upon voter approval of the Sales Tax District No. 4 0.3% reduced sales and use tax proposition presented contemporaneously herewith?