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."
The U.S. rep billed LSU for work allegedly performed on the same days Congress voted on major legislation and held important committee hearings on energy and the ACA.
“I am only getting a little nervous about two projects — the proposed Sasol GTL facility [not the new ethylene plant] and the proposed G2X facility — both in Lake Charles. They need a hefty difference between oil and natural gas prices to make sense.”
Abysmally low participation by the public has prompted the council to scuttle the 2014 survey with plans to simplify it and try again next year.
The village now says the ordinance will likely be overturned and authorities will more vigorously enforce existing leash laws.
Lower oil prices also might slow the growth of oil production in parts of the U.S., Canada and elsewhere because it will no longer be so profitable.
Bill Cassidy cast an early ballot Tuesday, seeking to draw renewed attention to a race that has fallen off newspaper front pages and away from people's minds as they plan holiday meals and shopping schedules.
A Lafayette woman faces up to 20 years in prison for running up more than $1 million in unauthorized charges to her company credit card.
Signs that our state’s banking industry is undergoing a downsizing in 2014 were further confirmed today with the FDIC’s latest figures showing a third straight quarter in which Louisiana lost more banks and earned less money.
Acadiana's nightlife guide.
State police say a 47-year-old Lafayette man, who collected more than $83,000 in disability benefits, is accused of operating two businesses out of his home at a time when he claimed he had no income.
Battered all night by Baltimore's relentless pass rush, Drew Brees could feel his protection collapsing and Terrell Suggs getting ahold of him as he urgently unloaded a pass to the right flat toward tight end Jimmy Graham.
After a convincing defeat at the polls on Nov. 4, Earl “Nickey” Picard has decided to let bygones be bygones with his former right-hand man Brian Pope, announcing his support for his former employee’s runoff bid to become Lafayette’s next city marshal.
Tuesday's Blogs from the Bog!
Odell Beckham on the catch; chaos in Ferguson; snowstorm set to snarl travel and more national and international news for Tuesday, November 25, 2014.
Saturday the athletic department did everything possible to ensure the 2014 Ragin’ Cajun seniors remembered fondly their last home game. Rain and lightning never arrived but turbulence did in the form of the Appalachian State Mountaineers.
Even stranger than the Republican Party’s decision to hold a “unity rally” earlier this month for Congressman Bill Cassidy in a Baton Rouge bar, Huey’s Bar, was the fact that the establishment was named after Louisiana’s most famous Democrat.
Bar Code is not a gay bar.
After failing to pass a medical marijuana bill last year, state Sen. Fred Mills, R-Parks, is telling supporters he will return in 2015 with legislation that focuses on different applications like oils and pills.
Voters, obviously, are not yet tuned into the 2015 ballot, despite the intriguing races it will host.
Acadiana's nightlife guide.
Saints Street cottage or River Ranch condo
By now, the story of how longtime LSU coach Dale Brown discovered Shaquille O'Neal has been told many times: Brown happened upon a massive 13-year-old at an army base in Germany, stayed in touch with him and eventually became like a second father.
Fate simply wasn't ready to give the New Orleans Saints a break from longtime nemesis Steve Smith.
Facing opposition from a powerful industry, the governor and many in the Legislature, a New Orleans-area flood board's lawsuit against dozens of oil, gas and pipeline companies seemed doomed early on.
"I want to take an opportunity to thank the people of Lafayette for allowing me to serve you for the last three years as your school superintendent."
After Thanksgiving, the small town of Moreauville plans to confiscate and kill all rottweilers and pitbulls, including a service dog.
Lafayette Police have had a busy day.
Gov. Bobby Jindal's administration will use $130 million in patchwork financing from a tax amnesty program, insurance settlement, uninsured motorist penalties and other excess funds to close most of the state's midyear budget deficit.
Democratic U.S. Sen. Mary Landrieu said she disagrees with President Barack Obama's actions on immigration, hoping the latest controversy doesn't worsen her campaign difficulties.