Board of Liquidation, City Debt
Contact Information
Purpose
The Board of Liquidation, City Debt has the power to issue bonds in any manner permitted by state or municipal law and the City Charter and to manage its affairs, under the City Charter on behalf of the City of New Orleans, in accordance with the provisions of applicable state or municipal law.
Composition
Nine members.
- The Mayor;
- Two councilmembers at-large; and
- The Mayor appoints six members with the approval of the City Council from a list of names submitted jointly by a committee consisting of the President of the Board of Liquidation, who shall chair the committee, and the Presidents or Chancellors of Dillard University, Loyola University, Southern University of New Orleans, Tulane University, the University of New Orleans, and Xavier University.
Current Composition:
Appointed By/Elected Official on Board
|
First Name
|
Last Name
|
Term Expires
|
The Mayor
|
LaToya
|
Cantrell
|
Ex-Officio
|
Councilmember At-Large
|
Helena
|
Moreno
|
Ex-Officio
|
Councilmember At-Large
|
JP
|
Morrell
|
Ex-Officio
|
Appointed by Mayor with the approval of the Council from a list of names by nominating committee
|
Carol Ahn
|
Markowitz
|
12/31/2023
|
Appointed by Mayor with the approval of the Council from a list of names by nominating committee
|
Lynes “Poco”
|
Sloss
|
12/31/2027
|
Appointed by Mayor with the approval of the Council from a list of names by nominating committee
|
Ralph
|
Johnson
|
12/31/2033
|
Appointed by Mayor with the approval of the Council from a list of names by nominating committee
|
Todd
|
McDonald
|
12/31/2031
|
Appointed by Mayor with the approval of the Council from a list of names by nominating committee
|
VACANT
|
VACANT
|
12/31/2025
|
Appointed by Mayor with the approval of the Council from a list of names by nominating committee
|
Julius
|
Kimbrough, Jr
|
12/31/2029
|
Term Length
Twelve years; Terms are staggered so that one membership term expires every other year. Ex-officio members serve terms concurrent with time in respective office.
(Created by: La. R.S. 33:4103; City Charter Sec. 5-101, et seq.)