ONE POINT FIVE MILLION DOLLARS. That's the value of Lafayette attorney Jimmy Davidson's Girard Park Drive property -- less than half the $3.25 million UL Lafayette was going to pay in the now-defunct horse farm land swap deal -- according to the most recent appraisal of the land. The contentious appraisal, which The Independent Weekly successfully argued was a public record in a June 30 lawsuit against the university, was turned over by UL on Monday. The university decided not to appeal 15th Judicial District Judge Ed Rubin's Sept. 11 decision that the document, prepared by Lafayette appraiser Lane Godshall, is a public record ordered in connection with the proposed property exchange (all other appraisals had been eagerly released by the university). Rubin rejected the university's claim that the document was prepared in anticipation of litigation ' specifically a potential expropriation lawsuit the state might one day file to seize the Davidson property.
The $1.75 million discrepancy in the overvalued Davidson land isn't all the university stood to lose. It was also leaving $2.12 million on the table by selling the horse farm acreage as undervalued residential land while attempting to rezone it to a more valuable commercial zoning classification for the buyer. That's almost $4 million the university was squandering in this deal, which the Board of Supervisors for the UL System approved in August 2005 ' not to mention how close Lafayette came to having the state's beloved horse farm acreage turned into a retail center with a planned Wal-Mart store. Thanks to widespread community activism and opposition, the 100-acre horse farm is -- for now -- safe from this kind of development.
In a secretive deal between a tight-knit group of university officials and supporters that smacked of cronyism, the university had proposed exchanging 36 acres of its horse farm land on Johnston Street for 4.1 acres of Davidson's family land on Girard Park Drive, claiming both were valued at $3.25 million. The first Davidson appraisal was conducted in December 2003 by now-retired appraiser George Parker, a close associate of Davidson's. UL President Ray Authement testified in his deposition that he did not officially call off the exchange until mid-June, when he met with the respective parties; the university did not publicly acknowledge the land swap's demise until almost a month later.
While handing over the appraisal to The Independent Weekly, the university issued a tersely worded press release to local media saying it initially assumed the appraisal was a public record and was prepared to make the document public: "Upon learning of a state statute that specifically excepts appraisals from the Public Records Law and learning of the Division of Administration's policy prohibiting release of appraisals, the university sought advice of legal counsel. Acting upon this advice, the university did not release the appraisal." The Louisiana Public Records Law does not exempt land appraisals, except in specific cases where there is ongoing or impending litigation, but the Division of Administration has kept all such appraisals from the public under that guise for decades, citing only its unwritten, long-standing policy of not releasing appraisals of land the state is interested in acquiring.
It was the Board of Supervisors for the UL System that stepped in at the 11th hour to order "independent" appraisals of both the Davidson property and the horse farm acreage, but the horse farm has yet to be reappraised. The board intervened on Dec. 7 only after being compelled to do so by the $2.12 discrepancy on the horse farm.
In contrast to the position Authement asserts in Monday's press release, the university president said in his Aug. 31 deposition that the value of the new appraisal of Davidson's property should not be released, even though his friend Davidson already knew the value. The first reason he cited? "Public opinion."
Coton de tulear joins Westminster; Paypal splitting from Ebay; first US Ebola diagnosis and more national and international news for Wednesday, October 1, 2014.
Wednesday's Blogs from the Bog!
A constellation of South Louisiana musical stars descends on Parc Sans Souci to honor an ailing David Egan.
INDStyle Awards 2014 was one for the books; the American Cancer Society took over The Victorian's big tent; and the battle of the sexes was alive and well for Walk a Runway's Christmas fundraiser.
The Acadiana Symphony Orchestra teams up with choreographer Clare Cook for a modern take on a Stravinsky classic.
Local food pantries begin seasonal drives
A girl's best fashion friend
Stage 4 vet takes on cancer and reminds us all what it really means to get involved.
Creative living flourishes at Downtown’s artist hub
Four bedroom cottage or four bedroom traditional
Bold looks for fall define INDStyle Awards 2014
Statement pieces for the season
The gents venture out
Project Front Yard has been launched to help us change our image and our habits.
Alleged victim is a Navy vet with brain trauma resulting from a car accident three decades ago.
Is Mary fading as Vitter solidifies his lock on the fourth floor?
Richard Buswell was sentenced Tuesday to more than 10 years in prison for his role in an investment scheme that defrauded his clients of more than $6 million.
The Latin Music Festival returns to Parc International this Saturday, Oct. 4, from noon to 10 p.m.
Gov. Bobby Jindal's administration has renegotiated contracts for six LSU hospital privatization deals, hoping to reach a compromise with federal health officials that will keep Medicaid dollars flowing to the privatized patient services.
Democratic Sen. Mary Landrieu is defending her record on gun rights, seeking to rebut sharp criticism from the NRA in a state where the right to bear arms is given special constitutional protection.
Acadiana's nightlife guide.
Citizens, you have less than a week to register to vote in the Nov. 4 election. Remember, if you don’t vote you can’t complain about the outcome. Well, you can but it’s kind of hypocritical.
After being forced out by its former landlords last year, the community garden has a new location and a 10-year lease.
The party says it has hit a milestone, reaching 10,000 registered voters in the state.
Defensive captain Junior Galette is disgusted by the Saints' sluggish start.
The use of $60 million in Louisiana's public school financing formula to pay for nearly three dozen charter schools violates the state constitution, a statewide teachers' union claimed Monday in a lawsuit.
Lafayette Regional seeking new leadership after longtime director Greg Roberts’ June resignation.
February trial date indicates parties were unable to negotiate a settlement.
T&T show behind the scenes