"We had a decent span," says longtime Point resident Richard Legnon. "In 33 years, it's my third bad storm." Hurricane Lili washed mud into camps three years ago. But the storm surge and hurricane-force winds of Rita caused far more damage and have also changed the complexion of a dispute between land owner Cypremort Point Inc. and approximately 150 tenants, who have been fighting the company's increases in rent.
Tenants were notified last November that leases would rise in cost anywhere from 240-1,200 percent ("Point Taken," April 27). Many claimed they were unable to pay the new prices and unable to sell their camps, because no buyer wanted to take on the escalating costs of leasing the land. Following months of tension, CPI reversed its policy earlier this summer after an initial refusal to sell land that camp owners had been leasing for decades. Still, tenant organization Tenants at Cypremort Point filed suit against CPI on June 30, claiming that CPI was unjustly profiting through exorbitant rent increases.
In an August interview, CPI Development Manager Robert Guillotte said sales were brisk. "It's going very well. When you sign seven buy-sells in one day, that's a good business." Guillotte defended the corporation's pricing. "I'm selling property. If the property at Cypremort Point was overvalued, why would people who don't already have a camp want to buy property there? It's the recreational value you're buying. People need to understand that. You can't justify a man who goes fishing. You can go to the grocery store and buy fish a lot cheaper."
Realtor Frank Brown, who has been involved in Cypremort Point real estate for decades, said in August that those sales couldn't be compared to a traditional market. "The prices are high. It's not really an open market transaction. There's nothing you can do." On the flip side, he says that once people buy their lots, they will be encouraged to improve their camps, ultimately raising property values. "It's going to be good for Cypremort Point," he concluded.
The first 60 parcels were offered to tenants in March, April and May. Three sales were recorded in July at the St. Mary Parish courthouse: one Cove Row property for $100,000, and two located along Hwy. 319 fetched $40,000 and $31,000. Guillotte said he had more than 20 buy-sell agreements signed in early August. According to the St. Mary Parish Clerk of Court's office, there were three sales in August, nine in September and one in October.
But some renters turned down CPI's offer, claiming the land is overvalued. "They called and offered $168,000," said Cove Row camp owner Lonnie Bewley in August. "It's worth half of that in my opinion. Prior to this I had an appraisal of my camp and pier at $280,000. Let's suppose that it's worth $260,000. Add in the $168,000 lot, you're up to $428,000 for a camp. Who's going to pay that?"
The lawsuit was scheduled to go to court this fall, but after Rita caused massive destruction to many tenant's camps, attitudes have changed. "The people who bought, bought under duress," says TACP President Weldon Taquino. "They bought because they had a big investment. They bought because they had no choice. The people who bought at top dollar, I think they got screwed. People who want to buy now say there is a lot of negotiating going on after the storm."
Some lessees are putting thoughts of negotiation on hold while they ponder the costs of rebuilding. Ann Boutte's camp was knocked off its 10-foot pilings. The structure is so unstable neither the family nor the insurance adjuster is willing to go inside. Homeowner's insurance doesn't cover damage from rising water, and Boutte didn't have flood insurance.
The Bouttes bought the house in 1999 for $25,000 and spent another $20,000 to fix it after storm damage from Hurricane Lili in 2002. The lease was $300 annually when they bought the camp. It has gone up to $1,000 a year and is scheduled to go up to $3,000 next year when the existing three-year contract expires.
"Do they [CPI] think we're going to buy the land and then rebuild the camp?" Boutte asks. Boutte contends that the land her camp stood on is swampland. She adds that if the coast keeps eroding, the land will be worth even less. "It was rumored that they're going to sell these lots for $40,000," she says. "No one has contacted us. If we were going to pay $40,000 for a piece of land, we'd buy it along the bayou in New Iberia. There's other land in other places."
The Bouttes haven't made any decisions. The level of destruction is still too raw in Ann's mind. "We had new furniture, every stick of it. A new side-by-side refrigerator, a new dishwasher ' I haven't even used it. The beds are still made with clean sheets. We just about lived here. It was nice while it lasted," she says with a sigh.
A renter since 1986, Gerald Adams' camp sustained considerable damage from the storm surge. He says he couldn't afford flood insurance. "I got to pull the roof off, and the inside's no good," he says. Adams has been through numerous storms: Andrew, Danny, Lili and Rita. He is willing to weather another hurricane ' under one condition. "If I owned the land, I'd stay. I'd improve this place. It's the only way I'll get my money out now. I heard this (lot) was selling for between $42,000 and $44,000. My lease is $4,200 a year. Do you think this place is worth that?" he grumbles. "If I leave, I'm going to take my camp with me," he says. "CPI ought to be out here talking to us. We're not getting a fair shake."
CPI's Guillotte declined to comment following Hurricane Rita, and CPI attorney Raymond Allain did not return a call for comment. Taquino contends that CPI is no longer in a position of power. For those with flood insurance, Taquino contends, the storm has created a way out of the dilemma. "Thirty, 40 people in the tenants group will take their insurance money and run," he says. But even if tenants didn't have insurance, the situation has changed. "People lost their investments. The pressure to buy the property has been greatly reduced," Taquino says. "It seems like Rita called [CPI's] bluff."
Despite sweeping changes enacted by Gov. Bobby Jindal's administration, the health insurance program for state workers and public school employees will have to use $88 million from its reserve fund to cover its costs this year.
The LPSB races are sure to get heated between now and Nov. 4, and with only 9 available seats, this year's field of 20 candidates will surely be wanting to set themselves apart from the crowd early; they'll get their chance next week, starting Tuesday with the kick-off of a three-day series of candidate forums.
Lawmakers say they've received complaints that waits have spiked, with people being forced to wait in line for more than an hour — and sometimes three hours — to handle routine tasks.
The campaign announced that Rep. Stuart Bishop of District 43 and Nancy Landry, District 31, have thrown their support behind the Naval Academy graduate and entrepreneur in his bid to unseat current Hunter Beasley in District 8.
A Lafayette man with an alleged taste for child porn was busted Thursday evening during a cyber crime sting launched by the Attorney General’s Office.
U.S. Rep. Vance McAllister says his chief of staff is on temporary leave after being booked with drunken driving.
It was a rare moment in Congress this week as Republicans briefly put aside partisanship in support of President Barack Obama's request to train and arm Syrian rebels, and while a number of Democrats opposed the measure, Louisiana's Democratic Sen. Mary Landrieu found herself on the same side of the issue as her Republican challenger Rep. Bill Cassidy.
Home Depot breach bigger than Target; Alibaba IPO could be big; Rivers' last project and more national and international news for Friday, September 19, 2014.
Friday's Blogs from the Bog!
City-Parish President Joey Durel is asking the council to sign off on a resolution approving a pair of deals that would lead to razing the seedy Lesspay Motel at Four Corners to build a new police substation as well as transforming nearly a block Downtown where the old federal courthouse building now molders into a mixed-use development.
In 2013, the IRS — already the least popular governmental agency in the country — became the target of intense investigations after it was revealed that they had specifically and improperly scrutinized applications for tax-exempt status from organizations associated with the nascent Tea Party movement.
Improving the running game was "a point of emphasis" during the offseason and the results have manifested themselves in the form of substantially greater production.
Louisiana's health department said Wednesday that its evaluation of the state's Medicaid privatization was on target, despite criticism from the legislative auditor that it lacked key data and contained inconsistencies.
The feds converge on your office, seizing records on several employees as part of a pay-for-plea investigation. WWYD? If you’re Mike Harson, you give yourself a $12k raise.
It’s football season and after back-to-back winless weekends for the Saints and the Cajuns many citizens are finding it difficult to be civil much less happy. Well, chew on this.
Considering his repeated stays in the local penal system, David Narcisse Jr. should have known that having a semiautomatic shotgun, even one given to him by a friend, wasn’t the brightest of ideas.
A state district judge on Tuesday threw out a last-minute retirement hike lawmakers gave to the state police superintendent, ending a political firestorm over a pension boost passed without public scrutiny on the last day of the legislative session.
The House has passed a bill to increase oversight of veterans' hospitals under construction, following a report that some medical centers take three years longer to complete than estimated and cost an extra $366 million per project.
An obvious follow-up question for any Republican politician who accuses Democrats of being science deniers is one about science, to which Jindal bobbed and weaved like a welterweight champ.
The Lafayette City-Parish Council is expected to decide tonight (Tuesday) whether to go along with a proposal City-Parish President Joey Durel made in February’s State of the Parish Address and consolidate taxes for mosquito control and the parish health units into a broader tax program that would also cover animal control.
U.S. District Judge Richard Haik has dismissed Greg Davis’ lawsuit against the LPSB, yet in his ruling, the federal judge doesn’t bite his tongue in pointing out the "threat" being posed by certain board members.
Of all the political offices being contested throughout Lafayette Parish, the race for Broussard’s top police post has literally become one of the most heated.
A state district judge is deciding whether to issue an injunction against the enforcement of a last-minute retirement hike that lawmakers gave to the state police superintendent.
A new website is up for Louisiana's state government employees and retirees to choose their health insurance plans for next year, a choice they must make by October.
That fact that New Orleans led both games in the final 10 seconds of regulation, and lost each by a field goal or less, is of little solace.