A. Parish governing authorities may create road lighting districts composed of territory wholly within a parish. A district so created shall be a political and legal subdivision of the state with full power to sue and be sued in its corporate name. It may enter into contracts with any electric public utility to provide and maintain electric lights on the streets, roads, highways, alleys, and public places of the district.
B. A parish governing authority may also authorize any such district that it creates or any consolidated district that it creates pursuant to R.S. 48:1304 to use up to twenty-five percent of its funds to purchase, install, operate, and maintain electronic safety equipment.