With the future of the former Avondale (La.) shipyard hanging in the balance, the Jefferson Parish Council is urging the State Bond Commission to support the Port of South Louisiana’s request for $445M in state-backed bonds to buy the site. The port last month agreed to buy the 254-acre Avondale Global Gateway from Virginia-based T. Parker Host. However, to finance the deal, it must persuade the 14-member commission to borrow money. (NOLA.com 02/09/23) Jefferson Parish Council backs sale of Avondale shipyards | Business News | nola.com
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