Louisiana Department of Natural Resources is granting $1.25 million to Lafayette Consolidated Government to install a compressed natural gas fueling station in the city.
“Lafayette Consolidated Government has shown great leadership in its plans to make CNG more widely available as a transportation fuel for its citizens,” said DNR Secretary Scott Angelle in announcing the grant. “I applaud LCG for their efforts to encourage the use of a fuel that is clean, abundant, domestic and creates American jobs.”
DNR funding for the project is provided by a grant from the DNR Empower Louisiana Transportation Efficiency and Alternative Fuels Program. The total estimated cost of the project is $2.53 million. The grant was originally awarded in June 2010 in the original round of funding of the program. In March of this year, however, LCG requested increased funding due to increased costs and project expansion, according to DNR. LCG's request coincided with additional funding for the program becoming available, and the grant was amended in June 2011.
The original grant was for $749,000 on a total project cost of $1.5 million.
Construction on the fueling station is scheduled to begin in September and be completed in late spring 2012.
The 1515 E. University Ave. fueling station will feature three dispensers with two transit hoses with four hoses available for the general public. Each dispenser will have a card reader that accepts credit cards and fleet cards.
“Through CNG, we can be more responsible to our citizens by saving money and supporting an industry that is so important to our state,” says City-Parish President Joey Durel. “We have worked with some great partners to get this far — including the state of Louisiana — and we look forward to realizing the potential of this public-private partnership in the long term. In addition, we see great opportunities for expansion with public entities such as our School Board and our University, as well as members of the private sector.”
LCG is currently reviewing bid proposals and expects to announce the recipient of the contract in the next two weeks.
Additional funding for the project is provided by allocations from the Louisiana Legislature and the Federal Transit Administration.
The city recently converted five new Lafayette Transit System CNG buses at a cost of $427,062 each, funded primarily by grants from the FTA for a total cost of $2.13 million, according to LCG Planning Manager Mike Hollier.
Hollier says grants from DNR totaling $1.6 million were matched with $1 million from the Legislature for the conversion of the vehicles and funding for the East University Avenue station.
Hollier says a cost/benefit analysis for the Lafayette Parish School System and UL Lafayette transit operations should be completed by the end of August.
“The Lafayette five-year CNG Conversion Plan includes three public stations in the urban area and a significant conversion of transit fleets and public vehicles for the LCG, LPSS and UL Lafayette,” Hollier says.
Read more about Lafayette’s CNG efforts in the current issue of ABiz.
A divided 3rd Circuit Court of Appeal reversed a Lafayette district judge’s ruling absolving the co-owner of a New Iberia accounting firm of liability in an embezzlement case.
Our View: It’s reasonable, temporary and invests in Lafayette’s future.
“I am only getting a little nervous about two projects — the proposed Sasol GTL facility [not the new ethylene plant] and the proposed G2X facility — both in Lake Charles. They need a hefty difference between oil and natural gas prices to make sense.”
Lower oil prices also might slow the growth of oil production in parts of the U.S., Canada and elsewhere because it will no longer be so profitable.
A Lafayette woman faces up to 20 years in prison for running up more than $1 million in unauthorized charges to her company credit card.
Signs that our state’s banking industry is undergoing a downsizing in 2014 were further confirmed today with the FDIC’s latest figures showing a third straight quarter in which Louisiana lost more banks and earned less money.
State police say a 47-year-old Lafayette man, who collected more than $83,000 in disability benefits, is accused of operating two businesses out of his home at a time when he claimed he had no income.
Facing opposition from a powerful industry, the governor and many in the Legislature, a New Orleans-area flood board's lawsuit against dozens of oil, gas and pipeline companies seemed doomed early on.
Thursday’s explosion aboard an oil production platform in the Gulf of Mexico is now under investigation by the Bureau of Safety and Environmental Enforcement.
Money from the first and only settlement so far in a Louisiana flood board's lawsuit against dozens of energy companies will be placed in a special account dedicated to coastal restoration.
BP is heading to a federal appeals court in its effort to oust the administrator of damage settlement claims arising from the 2010 Gulf of Mexico oil spill.
The 59-41 Senate vote was one shy short of the 60 needed to clear the House-passed measure.
Spot bonuses to employees who go above and beyond on projects one of several reasons national mag calls BR-based biz bank a cool place to work.
The Director Search Committee interviewed the five men still in the running via video last week and is set to trim the field this week.
Telecom’s decision to halt deployment to more than 100 cities while it awaits net-neutrality rules appears to be little more than a temper tantrum.
Environmental (and political) junkies got a double fix when The Lens hosted a discussion between its environmental writer and the lead attorney in the levee board suit.
Follow The IND to hear Lens environmental reporter Bob Marshall's interview with Gladstone Jones, the lead attorney in the lawsuit against the oil and gas companies for coastal damages.
The $35B deal leaves the burning question about what it will mean for the thousands of these two service giants' local employees.
Broussard & David set up shop at the corner of Jefferson and Vermilion.
in light of falling oil prices, Forbes asks, “Will there be more?”
Lake Charles lets Acadiana companies in on the action as our neighbor to the west prepares for unprecedented growth.
A new study analyzes the state of the Lake Charles region and the impact 19 industrial projects will have on residents.
A U.S. magistrate judge calls “garbage” on behavior of attorneys for Progressive Waste Solutions.
The Lafayette food truck scene is slowing down but not stopping.
Lake-area financial institutions seeing green.