Schmidt says he wants to ask Authement for a 180-day due diligence period, in which the TPL will pay for the horse farm's new appraisal, title clearance and related matters. During that time, Schmidt's organization would work out an agreement with Lafayette Consolidated Government (or the entity that would ultimately own the property) and then finalize the terms of the transaction with Authement. In a nutshell, the trust would buy the land (a 20 percent down payment is required), and hold it until the city-parish can pay for it. "The funding scenario has yet to be determined," says Schmidt, who will be in town Friday to discuss the matter with Save the Horse Farm members, community leaders and City-Parish President Joey Durel.
"I am anxious to hear what they have to say," notes Durel, who has maintained an interest in the property but says LCG has no funding for it. "I agree we're never going to have this chance again."
Schmidt explains that the TPL would put its resources and expertise into solving the funding issue by exploring a number of sources, including federal grants, philanthropic donations, fund raising efforts, monies or a partial land swap from local government, as well as the option of selling some lots for residential development. "It can be a combination of ways to address funding," he says.
Established in 1972, the TPL has helped protect more than 2 million acres of land in 47 states in much the same fashion.
Friday's meeting will be held at 11 a.m. at Lafayette attorney Glenn Armentor's downtown office. A scheduling conflict may prevent Armentor from attending, but the prominent local lawyer is a staunch supporter of the community effort. "I'm a million percent for saving that horse farm," Armentor says.
In light of the TPL's interest, Save the Horse Farm is anticipating similar support from a broader base of community leaders. The group had a handful of architecture students work on a preliminary design for the park ' so that residents can get an idea of what's envisioned and to help with the fund raising effort ' and recently established a greenspace fund with the Community Foundation of Acadiana.
Save the Horse Farm understands the need to act quickly.
On the evening of April 27, just hours after announcing his retirement, Authement told KATC-TV3 that the horse farm property is a liability and he intends to sell it. "It's a very valuable piece of property; I now have four solid offers for the property. If it sold, however, it would have to go out for bids," he said to reporter David D'Aquin. "Potential buyers include a developer who wants to build upscale homes on the land and an individual who wants to buy the entire horse farm to build a single, private residence on it," Authement continued.
However, Schmidt says he does not think the property has to go out for bid if the TPL offers a fair market price to the university after the property has been independently appraised. Jerry Jones, director of the state's Office of Facility Planning and Control, says any agreement to sell the property to LCG or the TPL would, instead, likely require legislative authorization. "Otherwise, it may have to be bid," Jones explains.
Standing just outside of the gate to the horse farm property Monday, where she watched bulldozers crush the old red dairy barn to rubble at Authement's request, Save the Horse Farm co-founder Danica Adams says her grassroots organization is optimistic about the outcome of Friday's meeting.
"We can't be distracted by this setback," Adams says of the barn, which was torn down despite overwhelming opposition by the community and state legislators Mike Michot and Joel Robideaux, who represent residents in the horse farm area. "Authement has said that he would entertain our proposal first, so we're holding him to that," Adams says. "What we need to do is get a proposal on his desk as soon as possible."
American companies export smog; UN calls for cease-fire in Gaza; fist bump keeps germ transfer down and more national and international news for Monday, July 28, 2014.
Monday's Blogs from the Bog!
Louisiana has joined nine other states in support of Indiana’s appeal of a federal judge’s ruling that the Hoosier State’s ban on sam-sex marriage violates the Constitution.
The Saints are being cautious in an effort to minimize risk of re-injury.
LSU Health Sciences Center says people with a common, hard-to-treat kind of lung cancer can join a new national trial to test drugs faster.
As New Orleans Saints coach Sean Payton and general manager Mickey Loomis spoke about the opening of training camp, steep, tree-covered mountains were in full view behind them.
The family of fallen cyclist Lon Lomas is speaking out after the release this week of the man charged with his death.
"The solutions are obvious: undo consolidation, or amend the charter to make this hybrid attempt at a new form of government work better."
The Board of Elementary and Secondary Education is considering whether to get involved in a lawsuit against Gov. Bobby Jindal for his attempts to undermine use of the Common Core education standards in Louisiana's public schools.
The latest meeting of a south Louisiana flood board that stirred political turmoil with a lawsuit against the oil and gas industry is taking place amid uncertainty over the future of the lawsuit — and the board's own membership.
The photos taken nearly a mile under the Gulf of Mexico are so clear that small holes are visible in a lifeboat that may have gone down or been scuttled when a passenger ship was sunk by a Nazi submarine in 1942.
Advocate columnist and Jindal shill Quin Hillyer has been against the New Orleans levee board lawsuit from day one, but a recent piece targeting author/activist John Barry prompted the perfect rebuttal from the board’s former vice-president, who takes Hillyer to task on just about every distorted claim he’s made on the issue.
Thousands of people who bought health insurance through the marketplace created by the federal health care overhaul face price hikes next year that could top 10 percent.
Louisiana fell one spot in an annual national ranking of child well-being that looks at poverty, education and health access.
A federal judge has decided he doesn't need to hear more arguments in the case of a gay couple who want a Louisiana marriage license.
Saints again bring playoff aspirations into 2014 campaign.
New details in the case against the man arrested for last week’s bomb threat and bank robbery has surfaced, including a MidSouth Bank surveillance video showing the alleged suspect attempt an early-morning bank robbery.
Parents and teachers who support the Common Core education standards sued Gov. Bobby Jindal Tuesday over his actions against the multi-state standards, accusing him of illegally meddling in education policy.
An arrest was announced this morning in connection with last week’s bomb scare at UL Lafayette.
Attorneys, judges and others interviewed by LaPolitics expect 15 to 20 district judge races this year.
"I feel like I'm under siege," an attorney said recently over drinks at Galatoire's Bistro in Baton Rouge. "We all do. Every time I turn around somebody wants a check. District attorney races. The judges. They're killing us."
As a requirement for running for Congress in the 6th District, former Gov. Edwin Edwards has filed his financial disclosure statement with the U.S. House showing his income in 2013 totaling $242,787.
Unlike those swindled by Bernie Madoff, the victims of Texas businessman Robert Allen Stanford’s Ponzi scheme won’t be getting any relief from the Securities Investor Protection Corp.’s emergency fund after a recent appellate court ruling.
The legal challenge is part of a continuing struggle over Common Core, which has become controversial since the Board of Elementary and Secondary Education adopted the standards in 2010.
The lone Democrat to announce he's running for governor, state Rep. John Bel Edwards, criticized Republican Gov. Bobby Jindal's budgeting tactics as "running the state like a big Ponzi scheme."