2018-0150
INTRODUCED BY: LARRY COCHRAN, PARISH PRESIDENT
(DEPARTMENT OF LEGAL SERVICES)
ORDINANCE NO. _____________
Title
An ordinance approving a purchase of 6.17 acres of property which is contiguous and adjacent to the East Bank Bridge Park, more fully described on the Murray Architects Drawing No. A.0.1 dated December 12, 2016, attached hereto and made a part hereof as Exhibit “A” and identified as UDP-2-B thereon, and the acceptance of the donation of parcel of ground identified as UDP-2A on said drawing, which together form UDP-2.
Body
WHEREAS, St. Charles Parish has operated a recreational facility known as the East Bank Bridge Park for several years; and,
WHEREAS, the demand for recreational services to be provided by St. Charles Parish to the public is always increasing; and,
WHEREAS, St. Charles Parish has an opportunity to secure additional property consisting of 8.211 acres immediately contiguous and adjacent to the East Bank Bridge Park from P & L Investments IX, L.L.C.; and,
WHEREAS, the 8.211 acre parcel is identified as UDP-2, and consists of UDP-2-A which is 2.04 acres currently under lease to St. Charles Parish and used by St. Charles Parish, and UDP-2-B which is 6.17 acres; and,
WHEREAS, the acquisition of this property will serve the public purpose of recreation; and,
WHEREAS, while the property identified as UDP-2-B has been appraised for $940,000.00, P & L Investments IX, L.L.C. has offered to sell the property to St. Charles Parish for $20,000.00 per acre while donating the balance of the remaining value to St. Charles Parish; and,
WHEREAS, on December 29, 2017, P & L Investments IX, L.L.C. donated the parcel of ground identified as UDP-2-A to St. Charles Parish, all as shown on the Act of Donation recorded at Entry No. 429383, MOB 856, Folio 465 of the records of the Clerk of Court for the Parish of St. Charles, a copy of which is attached hereto as Exhibit “B”; and,
WHEREAS, St. Charles Parish now desires to purchase the property known as UDP-2-B and accept the Donation of UDP-2-A.
THE ST. CHARLES PARISH COUNCIL HEREBY ORDAINS that the St. Charles Parish President is hereby authorized to execute any and all documents necessary to effectuate the purchase of the property identified as UDP-2-B on the Murray Architects Drawing No. A.0.1, dated December 12, 2016, containing approximately 6.17 acres, and identified as “Exhibit A” attached hereto and made a part hereof, to effectuate said purchase for the total sum of ONE HUNDRED TWENTY-THREE THOUSAND FOUR HUNDRED AND NO/100THS ($123,400.00) from its current owner, P & L Investments, IX, L.L.C., and to accept the donation of the balance of the value of the property from P & L Investments, IX, L.L.C., and to accept the Act of Donation of UDP-2-A by P & L Investments IX, L.L.C. dated December 29, 2017, recorded at Entry No. 429383. Conveyance Book 856, Folio 465 of the records of the Clerk of Court for the Parish of St. Charles all as more fully shown on the Cash Sale, Act of Donation and Acceptance of Donations attached hereto as Exhibit “C”.
The foregoing ordinance having been submitted to a vote, the vote thereon was as follows:
And the ordinance was declared adopted this ____ day of _____________, 2018, to become effective (5) days after publication in the Official Journal.
CHAIRMAN:_________________________________________
SECRETARY:________________________________________
DLVD/PARISH PRESIDENT:____________________________
APPROVED:______________ DISAPPROVED:_____________
PARISH PRESIDENT:_________________________________
RETD/SECRETARY:__________________________________
AT:_______________ RECD BY: ________________________