Vermilion Economic Development will ask voters to approve ‘parcel fee’
Since the Vermilion Economic Development Alliance (VEDA) inception, governmental partners have been the primary source of organizational funding, alongside key business investors.
In order to secure long-term sustain-ability for the organization, VEDA will be reintroducing a proposal for a dedicated funding source on the March 23 ballot.
The proposal will reflect a $6.50 fee per parcel of land, which is estimated to result in $224,250 to support VEDA’s small actions and initiatives throughout the parish.