2002-0329
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(DEPARTMENT OF LEGAL SERVICES)
ORDINANCE NO.
Title
An ordinance approving the Assignment of Agreement of Purchase by and between Randa Properties, L.L.C. and Sealy FRLA Land, L.L.C. to St. Charles Parish and the Act of Cash Sale by Sealy FRLA Land, L.L.C. to St. Charles Parish for the purchase of Lots 1-B and 2, Square 9 of James Business Park, Ext. No. 2, St. Charles Parish, State of Louisiana, for the purchase price of Nine Hundred Forty Thousand and no/100ths ($940,000.00) Dollars.
Body
WHEREAS, St. Charles Parish desires to promote and encourage industrial and commercial development to stimulate the economy through renewed commerce and industry; and,
WHEREAS, St. Charles Parish desires to facilitate the relocation of Randa Corp into St. Charles Parish; and,
WHEREAS, a component part of an inducement to attract Randa Corp to St. Charles Parish, St. Charles Parish will purchase certain land in James Business Park with proceeds of an economic development grant and lease said land to Randa Corp.
THE ST. CHARLES PARISH COUNCIL HEREBY ORDAINS:
SECTION I. That the Assignment of Agreement of Purchase by and between Randa Properties, L.L.C. and Sealy FRLA Land, L.L.C. to St. Charles Parish and the Act of Cash Sale between Sealy FRLA Land, L.L.C. and St. Charles Parish, attached hereto and made a part hereof is hereby authorized and the St. Charles Parish President is hereby authorized to execute said Assignment of Agreement of Purchase and Act of Cash Sale.
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 , 2002, to become effective five (5) days after publication in the Official Journal.
Purchase Agreement Randa
CHAIRMAN:
SECRETARY:
DLVD/PARISH PRESIDENT:
APPROVED: DISAPPROVED:
PARISH PRES...
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