The university first said it needed written consent from the new appraiser before releasing the document. For its part, the DOA claimed appraisals are not public record because the information is used to negotiate a price. "We do not necessarily want the owner to know the appraised value during negotiations," wrote Jerry Jones, the DOA's director of Facility Planning and Control, in an e-mail response.
The Independent Weekly didn't buy those arguments. Gary McGoffin, an attorney for the newspaper, sent a letter to both groups last Friday morning. Meanwhile, university spokeswoman Julie Dronet said UL President Ray Authement was preparing a release on the findings of the appraisal and the university's "next steps."
McGoffin points out that the state constitution and Title 44 of the Louisiana Revised Statutes provide that all records in the possession of the public body are available to the public, unless specifically listed as an exception. "The burden is on the public body to prove that the record may not be disclosed," McGoffin says. "And we find no exception in the rules that would prohibit the disclosure of any appraisal in the possession of [UL]."
At press time, the university and the DOA gave The Independent Weekly a different excuse for not releasing the appraisal. Citing a provision of Louisiana law, they both claimed the appraisal was off-limits because it was "obtained or prepared in anticipation of litigation or in preparation for trial."
So despite freely offering previous appraisals, the university won't release this one because it expects to be sued over the whole land swap debacle.
The new appraisal is the third valuation of Davidson's property conducted for the purpose of this land swap. The initial December 2003 appraisal and the October 2005 revision yielded the same $3.25 million valuation, but the most recent appraisal is probably significantly lower than Parker's, say local real estate professionals, many of whom were quick to cry foul when the land swap proposal was first announced.
"The $3.25 million was ridiculously high," says Harold Lambert, a commercial real estate appraiser, developer and broker. "I think it should be between $1 million and $1.5 million, depending upon the residential density a buyer could accomplish there." For example, if the buyer could rezone the 4.1 acres, now classified for single-family housing, for condominium or other multi-family development, it may be worth the upper end of that [$1.5 million] range, he says. The university is not restricted by zoning ordinances and can do whatever it wants with the Girard Park Drive property; Authement says he needs the two Davidson homes for faculty housing.
Ordered in December by the Board of Supervisors for the UL System, which had approved the controversial land swap deal several months before, the new appraisal was done by Lane Godshall of Appraiser Analysts in Lafayette, according to real estate sources. Godshall, however, would not even say whether he conducted the appraisal. "It's confidential," he says.
Last December, The Independent Weekly published an editorial calling for Authement to kill the proposed deal, in which 36 acres of the horse farm would be exchanged for Davidson's 4 acres, and later that day the Board of Supervisors asked the DOA to recommend independent appraisers for both the horse farm property and the Davidson land. The board asked for the new appraisals because an amended appraisal of the horse farm property had revealed its value to be $5.37 million if the university got it rezoned from residential to commercial, substantially more than the $3.25 million the university planned to exchange it for.
On its own dime, the university sought to rezone the property so the anticipated new owners, Jerry Brents and Dan Menard, could develop a retail center. The university, however, was willing to sell it at the much lower residential value, at a loss of more than $2 million to the state. The rezoning attempt was unsuccessful.
With the Davidson property likely valued much lower by Godshall, Authement's blunder could now be approaching the multi-million dollar range.
A federal jury found attorney Daniel Stanford guilty Friday afternoon on eight of 13 counts for his role in the Curious Goods conspiracy.
Lafayette City-Court Judge Francie Bouillion has served on the bench for two decades since winning a special election to replace Judge Kaliste Saloom when he retired in 1994.
The magazine's senior football writer also predicts a break-out year for Saints fourth-year running back Mark Ingram.
Gulf Coast ceremonies marking the ninth anniversary of Hurricane Katrina have begun.
The Louisiana Department of Wildlife and Fisheries says there is little known about the effects of tiger prawns on indigenous Louisiana shrimp. But, officials say the reports they're seeking will help state biologists monitor the distribution of the prawns and determine the possible presence of spawning populations.
Baltimore Ravens coach John Harbaugh rested his regulars and watched with delight as Ray Rice's backups ground out 214 yards rushing in a 22-13 victory over the New Orleans Saints on Thursday night.
Friday's Blogs from the Bog!
Google vs. Amazon in drone race; more deaths in Syria; Russia escalates Ukraine conflict and more national and international news for Friday, August 29, 2014.
High-profile criminal defense attorney Daniel Stanford awaits his fate in the Curious Goods conspiracy trial.
The Louisiana Department of Wildlife and Fisheries is set to put the kibosh on the legal ownership of monkeys trained to help the disabled, and the agency wants to know what you think.
A federal judge on Thursday asked lawyers battling over Louisiana's new, restrictive abortion law for an agreement that apparently could let clinics stay open — at least for a while — after the law takes effect Sept. 1.
An abortion rights organization wants a federal judge to block enforcement of Louisiana's new abortion law while its lawsuit to overturn the law makes its way through court.
Republican presidential prospects Ted Cruz and Bobby Jindal are planning to speak at an Iowa Christian conservative event in September.
The attention surrounding Victor White III has spiked with the release of last week’s autopsy report, which has raised a number of serious questions about the night of his death and has put the Iberia Parish Sheriff’s Office under an increased wave of scrutiny as more national media outlets are jumping on the story, most recently seen on MSNBC's The Rachel Maddow Show.
A group supporting taxpayer-funded private school tuition vouchers is appealing a federal judge's order that Louisiana must provide regular reports to federal officials on the state's voucher program.
The Discovery Channel has canceled reality TV star Will Hayden's popular "Sons of Guns" show after his arrest on an aggravated rape charge.
The LPSB will finally hear from the attorney it hired to investigate the superintendent at a special meeting Thursday at 4 p.m.
Authorities are investigating a report that a student there warned the principal of impending violence similar to that depicted in the movie "The Purge."
Saints cornerback Champ Bailey has played for more than a handful of playoff teams during a career that has seen him selected to 12 Pro Bowls.
Police say a 56-year-old Lafayette man walking behind a dump truck died when the truck hit him as it was backing up.
New Orleans Saints quarterback Drew Brees is a proud papa of new baby girl.
The books on Louisiana's last budget year have been closed, but it took a bit of borrowing from this year to make the numbers work.
The Iberia Parish Coroner responded Monday to the attention surrounding the questionable shooting of Victor White III, a black man from New Iberia who died April 2 while in the custody of local law enforcement.
Two months after lawmakers agreed to create a $40 million higher education incentive fund, no decisions have been made about how to divide the money.
With Drew Brees back healthy, the New Orleans Saints are free to work on the little things that can make the difference between a Super Bowl run and something less.