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.
That would be Congressman John Fleming talking about Sen. David Vitter.
The alleged mastermind behind the bribery scheme that went on for four years under DA Mike Harson’s nose isn’t just schizophrenic, bipolar and recovering from mini strokes; he now says he has cancer.
Louisiana's higher education leaders are trying to work out a financing deal to keep the state's public colleges from running low on state cash to operate their campuses.
With their latest triumph, the Saints left little doubt about how tough they are to beat in the Superdome. Unfortunately, two of their remaining three games are on the road.
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Tuesday, December 10, 2013:
For the first time in at least five years, retired teachers, state workers and school system employees could see an increase in their pension checks.
Lawmakers and Gov. Bobby Jindal's administration shared a collective sigh of relief with the news that Louisiana's tax amnesty program brought in the $200 million that they used to help balance this year's budget.
Drew Brees often makes the extraordinary look routine, particularly during night games in the Superdome.
The teams were extended invitations Sunday for the New Year's Day matchup played at Raymond James Stadium, home of the NFL's Tampa Bay Buccaneers.
If all 44 projects are approved, about $300 million would remain in the fund set up as a down payment to help the Gulf.
Last week, the Saints gave up 429 yards to Seattle, second most in a game this season.
Since Anthony Jennings and Brooks Haack were not expected to contribute until next year at the earliest, it seemed like a sneak peek at hidden Christmas gifts.
Louisiana National Guard personnel seeking benefits for same-sex spouses will have an easier time filing the requests, despite a state refusal to let its workers process the paperwork.
Panthers coach Ron Rivera sees one potential flaw with his team's stellar defensive play so far this season. "Apparently we like to bite on the double moves," Rivera said.
Computer hackers may have gained access to the personal information of thousands of Louisiana residents who use debit cards issued by JPMorgan Chase for three state agencies, authorities said Wednesday.
Jim Purcell, who has been in the job since February 2011, notified the Board of Regents about his decision at its monthly meeting.
Hushed plans for a commercial development along the Louisiana Avenue portion of the Holy Rosary campus put the future of longtime tenant EarthShare Gardens in jeopardy.
If a recent advertisement in The Daily Advertiser is any indication, speculation the local daily will be implementing the “Butterfly Project” could be more of a reality than the Gannett-owned paper’s top execs are willing to admit.
Mettenberger injured his left knee while unloading a 32-yard completion in the fourth quarter of No. 14 LSU's 31-27 victory over Arkansas last Friday, and LSU coach Les Miles confirmed the severity of the injury on Wednesday.
An ordinance to phase out a 2 percent rebate to Lafayette merchants for collecting and remitting on time sales taxes cleared the City-Parish Council by a 6-3 vote.
Louisianans are the fourth most likely to use profanity yet also the fourth most likely to be courteous. So, please, just kiss my a** ... if it’s not too much trouble.
The state Coastal Protection and Restoration Authority voted Tuesday to authorize two lawsuits against the U.S. Army Corps of Engineers.
A long night on the field in Seattle got even worse off of it, and now the Saints are operating on a compressed time-frame as they brace for surging Carolina with first place in the NFC South at stake.
Public school letter grades, teacher evaluations and student promotion won't be affected by Louisiana's shift to more rigorous educational standards for two years, the state's top school board decided Tuesday.
Vitter told The Associated Press that he is sending an email to supporters Wednesday and is in discussions with his family about the possibility.