2007-0271
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(DEPARTMENT OF ECONOMIC DEVELOPMENT & TOURISM)
ORDINANCE NO.
title
An ordinance approving and authorizing a property Lease Agreement between River Parishes Community Development Corporation and the Parish of St. Charles for a Business Incubator at 917 Third Street in Norco.
body
WHEREAS, the Parish of St. Charles, State of Louisiana, is authorized and empowered under the laws of the State of Louisiana, including particularly Section 4717.2 of Title 33 of the Louisiana Revised Statutes of 1950 to lease property to further its purposes of promoting and encouraging industrial and commercial development; and,
WHEREAS, pursuant to and in accordance with the provisions of the Act and a Facilities Lease by and between the Parish of St. Charles (the "Landlord") and River Parishes Community Development Corporation (the "Tenant"), a Louisiana Corporation, the Parish will rent certain property located at 917 Third Street in Norco, more fully described in the Facilities Lease, for the operation of the Tenant's business incubator program; and,
WHEREAS, the Project will create additional employment opportunities for residents of the Parish and the surrounding area, as well as generate additional revenues for all of the Parish's taxing authorities.
THE ST. CHARLES PARISH COUNCIL HEREBY ORDAINS:
SECTION I. That the Lease Agreement between the Parish of St. Charles and River Parishes Community Development Corporation for property located at 917 Third Street, Norco is hereby approved.
SECTION II. That the Parish President is hereby authorized to execute said Lease Agreement.
vote
The foregoing ordinance having been submitted to a vote, the vote thereon was as follows:
And the ordinance was declared adopted this day of , 2007, to become effective five (5) days after publication in the Official Journal.
CHAIRMAN:______________________________________________
SECRETARY:_____________________________________________
DLVD/PARISH PRESIDENT:_________________________________
APPROVED:______________ DISAPPROVED:__________________
PARISH PRESIDENT:______________________________________
RETD/SECRETARY:_______________________________________
AT:_______________ RECD BY: _____________________________