Louisiana Good Roads and
Transportation Association, Inc.
P.O. Box 3713
Baton Rouge, LA 70821
225-408-8278




  01.  WELCOME
  02.  WHO WE ARE
  03.  FAQs
  04.  NEWS & EVENTS



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WELCOME...

On Tuesday, November 4, 2014, Louisiana voters can take an important first step toward improving our roads by voting YES on Constitutional Amendment 4. Constitutional Amendment 4 does not raise taxes or fees. It gives the elected state treasurer the authority to use existing public money to set up an infrastructure bank when one is created in the future. The bank would be used by local and parish governments to finance regional transportation projects. A similar infrastructure bank in South Carolina has financed about $3 billion in local transportation improvement projects.

Everyone knows Louisiana roads and bridges are in poor condition. Traffic congestion is getting worse in our cities, and our rural roads and bridges need major improvements. Constitutional Amendment 4 is an important step in setting up a way to pay for a better transportation system.

Remember, on November 4 vote "Yes" to 4 For The Roads!



WHO WE ARE

"4 For The Roads" is a movement to educate Louisiana citizens of the importance of passing Constitutional Amendment 4 on Nov. 4, 2014. Founding sponsors of the movement include: You can contact 4 For The Roads at https://www.facebook.com/4fortheroads or by email at 4fortheroads@gmail.com.



FAQs

Why should I vote for Constitutional Amendment 4?
The Louisiana Legislature is expected to create a transportation infrastructure bank to give local and parish governments an affordable way to finance large transportation projects. Constitutional Amendment 4 must be approved by voters to give Louisiana's elected treasurer the authority to move existing public funds into this bank.

Will Constitutional Amendment 4 raise my taxes or cause any fees to increase?
No. Constitutional Amendment 4 will not raise taxes or increase fees. Constitutional Amendment 4 only gives Louisiana's elected treasurer the authority to move existing public funds into an infrastructure bank to be created by the Louisiana Legislature.

What is an infrastructure bank?
An infrastructure bank is an institutional that will be set up just for local governments that need to borrow money to plan, build and improve roads and bridges. Local governments often can't afford these projects because financing is hard to find. An infrastructure bank would offer affordable rates for qualified projects in local communities throughout Louisiana. South Carolina voters approved the creation of an infrastructure bank years ago, and it has financed about $3 billion in road improvements that local governments would not have been able to afford.

Why do local governments need to build these projects? Isn't that state government's job?
The state Department of Transportation and Development (DOTD) is responsible for thousands of miles of roads, bridges and interstates, but the agency only maintains and improves infrastructure that the state owns, such as interstates, U.S. highways, major roads and bridges and smaller roads in the state system. Local governments also own and maintain roads, but they have smaller resources and usually cannot afford larger projects that people in local communities want. Passing Constitutional Amendment 4 is a first step in giving local governments and local communities a way to finance those projects.



News & Events

CABL and other Louisiana groups say YES to Constitutional Amendment 4
October 21 – At least two dozen organizations – including the prestigious, non-partisan Council for A Better Louisiana – are urging voters on November 4 to say YES to passage of Constitutional Amendment 4, a no-tax measure that represents the first step in building a better transportation system in Louisiana.

CABL, founded in 1962 as a force for positive change in Louisiana, has endorsed Constitutional Amendment 4, which authorizes the elected state treasurer to deposit public funds into an infrastructure bank. The bank, which will be created by the Louisiana Legislature in its next session, will give local governments an affordable way to finance transportation projects.

“Louisiana needs as many tools as it can come up with to address our transportation needs,” CABL said in its endorsement of Constitutional Amendment 4. “This is just one of them, and we support its passage.”

4 For The Roads is a movement comprised of several statewide organizations who are committed to improving Louisiana’s transportation system and are supporting passage of Constitutional Amendment 4. For more information, visit www.4fortheroads.com or www.facebook.com/4fortheroads.

CABL joins a growing list of associations, businesses, chambers of commerce and economic development entities that have endorsed Constitutional Amendment 4. The list includes:

* 4 For the Roads
Acadiana Economic Development Council
Acadiana Regional Alliance
* American Council of Engineering Companies of Louisiana
* American Society of Civil Engineers, Louisiana Section
* Concrete and Aggregates Association of Louisiana
Council for a Better Louisiana
Crowley Chamber of Commerce
Dupre Logistics
Eunice Chamber of Commerce
Fenstermaker
Greater Iberia Chamber of Commerce
Greater Lafayette Chamber of Commerce
* Interstate 49 International Coalition
I-49 South Coalition
Iberia Industrial Development Foundation
Lafayette Economic Development Authority
* Louisiana Asphalt Pavement Association
* Louisiana Associated General Contractors
* Louisiana Engineering Society
* Louisiana Good Roads and Transportation Association
* Ports Association of Louisiana
St. Landry Parish Economic Industrial Development District
St. Mary Chamber of Commerce
Upper Lafayette Economic Development Foundation

(* indicates group is a member of the 4 For The Roads campaign. Other groups listed support or have endorsed passage of Constitutional Amendment 4)




Louisiana Businesses and Industry Groups Voice Support for Constitutional Amendment #4

Lafayette, LA – Today, the Greater Lafayette Chamber of Commerce and I-49 South Coalition, along with 21 partner organizations across Louisiana, announced they are in full support of Constitutional Amendment #4, which will put Louisiana on track to create a state infrastructure bank modeled on best practices. This coalition of business and economic development organizations argue that the creation of an infrastructure bank is an innovative option for local governments and ports seeking low-interest financing for much needed projects. Citing Louisiana’s population growth and booming economy, they contend that localities need additional capacity to invest in the infrastructure that will support long-term economic growth.

Jason El Koubi, President and CEO of the Greater Lafayette Chamber of Commerce, stressed the unified position of the Acadiana business community. “In order for Acadiana to be competitive and build on our current economic momentum, it is crucial that we work together to find creative, affordable ways to invest in our transportation infrastructure priorities.” Adding further, “State infrastructure banks offer an effective tool that has been used successfully in many states to give communities access to competitive financing. On November 4, voters can take a significant step toward improving our infrastructure by voting yes for Constitutional Amendment #4.”

For I-49 South Coalition Chairman David Mann, the time for creating a state infrastructure bank is now. “The I-49 South Coalition supports Constitutional Amendment #4 because it offers an ambitious solution to the financing needs of our communities, without the burden of a tax increase. We need to consider all alternative funding mechanisms to alleviate the demands on our current infrastructure." Mann continued, "The infrastructure bank, once created, will give local governments the option to receive low-interest financing. The I-49 South Coalition and its members ask that you vote yes for Constitutional Amendment #4 on November 4.”

A state infrastructure bank would offer affordable rates for qualified projects in communities throughout Louisiana. Much like a traditional bank, the infrastructure bank would review loan applications from local governments and provide funds based on project specifications and viability of repayment.

Passage of Constitutional Amendment #4 will not immediately create an infrastructure bank, but it paves the way for the legislature to design a bank based on national best practices. The amendment provides the state treasurer with authority to move existing public funds into an infrastructure bank, once the institution is created. Passage of the amendment will not raise taxes or increase fees. Once a bank is created, it will have operating expenses, but these expenses can be covered by revenue generated from its loan program.

State infrastructure banks also have a proven track record of success. For example, the bank in South Carolina has provided more than $3 billion in loans after being initially capitalized with state and federal funds. Unlike some state infrastructure banks, South Carolina's bank can be the primary vehicle for funding for projects. Nearly $200 million in loans from the bank were used to complete a section of I-520 around North Augusta known as the “Palmetto Parkway.”

Leaders across Acadiana stressed the need for infrastructure improvements and the benefits of a state infrastructure bank.

Kam Movassaghi, President of FENSTERMAKER and member of statewide campaign 4 for the Roads, stated, “Our local communities require effective means to finance their transportation infrastructure needs. A capitalized infrastructure bank provides that opportunity.”

Jan Swift, President and CEO of Upper Lafayette Development Foundation, pointed out the amendment offers an avenue to create an opportunity for investment in our future. “Upper Lafayette is in favor of pro-active legislation which thinks ahead, does not tax business or individuals, and which enhances the quality of life for everyone in our community. We have given Amendment 4 much thought, and our leadership will vote yes on November 4.”

Leaders also emphasized the positive impact the passage of Constitutional Amendment #4 would have on our regional economy.

Janet Faulk-Gonzales, President & CEO of Greater Iberia Chamber of Commerce focused on the need to embrace innovative solutions. “Sound infrastructure is imperative for building a strong economy, and consequently, a better quality of life. We believe that establishing an infrastructure bank is part of the solution to improving roadways that creating the necessary connectivity between our communities, neighboring states, and the world.”

Michael Tarantino, President & CEO of Iberia Development Foundation informed voters that the passage of the amendment will create sustainable prosperity for our region. “Along with a well trained workforce, a first class infrastructure system is critical to Acadiana's growth and prosperity. Amendment #4 creates an important tool to helping us reach our potential.”

Gregg Gothreaux, President & CEO of Lafayette Economic Development Authority argued that passage of the amendment would be a positive step in the right direction for Acadiana. “The passage of this amendment has the potential to remove a major barrier to investment in much-needed infrastructure across the region and state. Ultimately, these infrastructure investments will increase the region’s attractiveness to new business and allow existing business to be more competitive.”

The coalition is urging those going to the polls to vote "YES" to Constitutional Amendment #4 on November 4th.



More Louisiana groups say "Yes" to Amendment 4

Groups representing Louisiana ports, professional engineers and the asphalt pavement industry announced they support passage Constitutional Amendment 4 on November 4 as a critical first step toward solving our transportation problems.

The Ports Association of Louisiana, Louisiana Engineering Society and Louisiana Asphalt Pavement Association announced Tuesday they are joining the "4 For The Roads" campaign, which is an educational campaign to urge voters to pass Constitutional Amendment 4. The ballot measure - which does not raise taxes or fees - gives the elected state treasurer the authority to invest public funds into a state infrastructure bank. The bank, which the Louisiana Legislature will create in the next session, then can offer low-interest loans to local and parish governments that want to finance transportation improvement projects in their communities.

"LES supports the creation of a transportation infrastructure bank, and passage of Constitutional Amendment 4 is a vital component to that effort," said Brenda Gajan, executive director of LES. J. Don Weathers, executive director of LAPA, said the asphalt association understands that "local governments need help with transportation projects. Passing Constitutional Amendment 4 is no frills, no cost and a no-brainer."

PAL Executive Director Joe Accardo pointed out that Louisiana ports would be eligible to obtain financing through an infrastructure bank. "The creation of an infrastructure bank can provide funding to allow ports to begin the long-term process of building modern and efficient port infrastructure," Accardo said.

Other organizations behind "4 For The Roads" include the Louisiana Good Roads and Transportation Association, Louisiana Associated General Contractors, the American Council of Engineering Companies of Louisiana, Concrete and Aggregates Association of Louisiana and the Louisiana section of the American Society of Civil Engineers. The "4 For The Roads" campaign features a website, www.4fortheroads.com, and a Facebook page, www.facebook.com/4fortheroads, where voters can get valuable information and the latest news concerning Constitutional Amendment 4.



Two statewide groups join "4 For The Roads" campaign

The group that sponsored the ground-breaking "Report Card for Louisiana's Infrastructure" and the state's top concrete pavement association joined the "4 For The Roads" campaign on Thursday to educate voters on why passing Constitutional Amendment 4 on November 4 is a critical first step toward solving our road and traffic problems.

The Louisiana section of the American Society of Civil Engineers (ASCE) and the Concrete and Aggregates Association of Louisiana (CAAL) pledged their support for the campaign to pass Constitutional Amendment 4. The ballot measure - which does not raise taxes or fees - gives the elected state treasurer the authority to invest public funds into a state infrastructure bank. The bank, which the Louisiana Legislature will create in the next session, then can offer low-interest loans to local and parish governments that want to finance transportation improvement projects in their communities.

"Passing this amendment on November 4 puts the wheels in motion to give local communities a better way to finance infrastructure improvements," said Dr. Kam Movassaghi, former secretary of the Department of Transportation and Development and an ASCE Fellow. Dr. Movassaghi also is the executive director of ASCE's non-partisan "Report Card for Louisiana's Infrastructure," an unprecedented report detailing the need to improve the state's infrastructure and its financing methods.

CAAL Executive Director Bill Temple announced his group was joining the campaign because passage of the amendment is "a first step in developing a 21st-Century model for improving and building our roads and bridges."

Other organizations behind "4 For The Roads" include the Louisiana Good Roads and Transportation Association, Louisiana Associated General Contractors and the American Council of Engineering Companies of Louisiana. The "4 For The Roads" campaign features a website, www.4fortheroads.com, and a Facebook page, www.facebook.com/4fortheroads, where voters can get valuable information and the latest news concerning Constitutional Amendment 4.



"4 For The Roads" statewide campaign launched

Several organizations dedicated to improving Louisiana's transportation infrastructure have launched "4 For The Roads," a statewide campaign to educate voters on why passing Constitutional Amendment 4 on November 4 is a critical first step toward solving our road and traffic problems.

Constitutional Amendment 4 gives the elected state treasurer the authority to invest public funds into a state infrastructure bank, which the Louisiana Legislature will create in the next session. The infrastructure bank then can offer low-interest loans to local and parish governments that want to finance transportation improvement projects in their communities.

The organizations behind "4 For The Roads" include the Louisiana Good Roads and Transportation Association, Louisiana Associated General Contractors and the American Council of Engineering Companies of Louisiana. The "4 For The Roads" campaign features a website, www.4fortheroads.com, and a Facebook page, https://www.facebook.com/4fortheroads, where voters can get valuable information and the latest news concerning Constitutional Amendment 4.

"Constitutional Amendment 4 does not raise taxes or fees, but it helps set up a framework to make us more economically competitive with other states," Good Roads President Kenneth Perret said. South Carolina started a transportation infrastructure bank several years ago, and it has financed about $3 billion worth of regional transportation projects for local communities. "Constitutional Amendment 4 is a great way for our citizens to send a strong message that positive, innovative actions are needed to finance transportation improvements," Perret said. "4 For The Roads is part of our effort to inform voters on why this is important."




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