Public Notices
April 27, 2026
Public Notice: Louisiana Public Facilities Authority Revenue Bonds (Southern University - Scott's Bluff Housing Project) Not Exceeding $130,000,000
Notice of Public Hearing
Not Exceeding $130,000,000
Louisiana Public Facilities Authority
Revenue Bonds
(Southern University – Scott’s Bluff Housing Project)
Notice is Hereby Given that the Louisiana Public Facilities Authority (the “Authority”) will hold a public hearing on Tuesday, May 5, 2026, at eleven (11:00) a.m. at the offices of the Authority, 2237 South Acadian Thruway, Suite 650, Baton Rouge, Louisiana, with respect to the captioned revenue bonds (the “Bonds”). The Bonds are proposed to be issued by the Authority in one or more series pursuant to a plan of finance in an aggregate face amount not to exceed $130,000,000, and the proceeds of the Bonds are to be loaned by the Authority to Scott’s Bluff Housing, LLC (the “Borrower”), a Louisiana limited liability company for the purpose of (i) financing the acquisition, construction and furnishing of student housing facilities at Southern University and Agricultural and Mechanical College at Baton Rouge (the “University”) consisting of two separate four story structures, one with approximately 121,775 gross square feet and one with approximately 137,373 gross square feet with approximately 502 beds, and including capitalized interest (the “Project”), (ii) funding one or more reserve funds, and (iii) paying the costs of issuance of the Bonds. The sole member of the Borrower is Southern University System Foundation (the “Foundation”), a Louisiana nonprofit corporation and a tax-exempt charitable organization recognized under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), which was established for charitable, scientific, literary, and educational purposes, to provide benefit to the University
The Project will be located on the University’s Campus at 8709 and 8711 Helen M. Barron Ave., Baton Rouge, Louisiana 70807. The University is located at 801 Harding Blvd., Baton Rouge, Louisiana 70807.
The Authority shall conduct the public hearing for the purpose of receiving comments on and hearing any objections (verbal or written) to the proposed issuance of the Bonds and the associated plan of finance described above. All interested parties are invited to attend such public hearing to express their views.
Persons who intend to appear at the hearing and express their view are invited to contact Patricia A. Dubroc, President and Chief Executive Officer of the Authority, at the Authority’s offices, either in writing or by telephone (225) 923-0020, in advance of the hearing. Any interested persons unable to attend the hearing may submit their views in writing to Ms. Dubroc prior to the date scheduled for the hearing. The location and time of the hearing may be changed or an additional hearing will be scheduled if requested to do so in written requests submitted to Ms. Dubroc prior to the aforementioned date of the hearing by a significant number of interested persons.
The Bonds will be secured solely by payments made by the Borrower, which will be derived in substantial part from rent payments made by the Board of Supervisors of Southern University and Agricultural and Mechanical College under a ground lease of land where the student housing facilities will be located,, and will not constitute an indebtedness of the Authority or the State of Louisiana, within the meaning of any constitutional or statutory limitation of indebtedness.
This notice is published and the aforementioned public hearing is to be held in satisfaction of the requirements of Section 147(f) of the Code regarding the public approval prerequisite to the excludability from gross income for federal income tax purposes of the interest on the Bonds.
Louisiana Public Facilities Authority
April 27, 2026