A bond may be an obligation of a state, its subdivisions, or a private corporation to pay a stated amount of money after a stated amount of time. Attorneys may help with the issuance of general obligation bonds, revenue bonds, revenue and grant anticipation notes, assessment and tax increment bonds, certificates of participation and conduit securities where the proceeds of the securities are loaned to other governmental entities, corporations, partnerships, and qualified 501(c)(3) organizations for a variety of governmental, industrial, commercial, and charitable purposes.
Farmerville is a town in and the parish seat of Union Parish, Louisiana, United States. The population was 3,808 at the 2000 census. It is part of the Monroe Metropolitan Statistical Area. The Pilgrim's Pride poultry processing and protein conversion plant in Farmerville was slated for closure early in 2009, along with other company operations in nearby Arcadia in Bienville Parish, Athens in Claiborne Parish, and Choudrant in Union Parish. The closures impacted some 1,300 jobs in North Louisiana. Several weeks later, however, Pilgrim's Pride accepted an $80 million offer from Foster Farms of California to purchase the operations. In addition, to the 1,300 direct jobs, the purchase spares the small farms of some three hundred independent growers. Foster Farms put up $40 million and the State of Louisiana a matching $40 million. Foster Farms will further invest $10 million in capital improvements at the Farmerville plant, to be matched by the state, in an agreement announced by Governor Bobby Jindal.