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 kno...
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