2002-0222
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
DEPARTMENT OF ECONOMIC DEVELOPMENT & TOURISM
RESOLUTION NO.
Title
A resolution authorizing the Parish President of the Parish of St. Charles, State of Louisiana to execute a preliminary agreement between Randa Corp. and the Parish of St. Charles, State of Louisiana to finance the acquisition, construction and equipping of a corporate headquarters and distribution facility and providing for other matters in connection therewith.
Body
WHEREAS, it is the desire of the Parish Council of the Parish of St. Charles, State of Louisiana, the governing body of the Parish of St. Charles, Louisiana (the "Issuer") to enĀcourage the location of or additions to industrial enterprises and necessary property and appurtenances thereto within said Parish under the authority of Sections 991 to 1001 of Title 39 and/or Section 143 of Title 39 of the Louisiana Revised Statutes of 1950, as amended (jointly and/or independently the "Act"), and other constitutional and statutory authority supplemental thereto; and,
WHEREAS, Randa Corp., acting directly through itself or through a subsidiary, affiliate, other related legal entity, real estate holding company or operating entity (collectively, the "Company"), proposes to finance the acquisition, construction and equipping of a corporate headquarters and distribution facility (the "Project") if the Issuer will utilize the aforesaid authority in the manner hereinafter provided; and,
WHEREAS, this Parish Council has concluded that the acquisition and construction of said facilities will benefit the welfare, health and safety of the citizens of the Parish of St. Charles, Louisiana and that it is in the public interest of said citizens to encourage the acquisition, construction and installation of said facilities which shall constitute an economic development project for the Issuer; and,
WHEREAS, it is the desire of the Issuer to meet the criteria of...
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