Iberia Economic Development Authority Board of Commissioners public meetings in 2022

Iberia Economic Development Authority Board of Commissioners

The Board of Commissioners will review November 2022 financials and meeting dates for 2023. The agenda includes a payment request for sewer line construction and updates on the master services agreement and business park funding.

• Payment #3 to Boeuf Built, LLC for $28,107.64 for Progress Point Business Park sewer line work
• Approval of November 2022 financials
• Update on master services agreement with C.H. Fenstermaker & Assoc.
• Business Park and Funding update from Mike Tarantino

The Board approved a payment to Boeuf Built, LLC for sewer line construction. Commissioners also approved the November 2022 financials and the 2023 meeting schedule.

• Approved Resolution 12162022-01 for $28,107.64 payment to Boeuf Built, LLC (unanimous)
• Approved 2023 meeting dates (unanimous)
• Approved November 2022 financials (unanimous)
• Approved November 18, 2022 meeting minutes (unanimous)

Iberia Economic Development Authority Board of Commissioners

The Iberia Economic Development Authority Board of Commissioners will meet to consider a resolution approving Boeuf Builders, LLC Change Order #2, which increases sewer line construction costs by $4,091.10. The board will also discuss an updated Cleco Line Extension Agreement and receive updates on the Business Park and economic development from Mike Tarantino. Routine items include approval of minutes and financials.

• Resolution 20221118-01: Approve Boeuf Built, LLC Change Order #2, increasing sewer line costs by $4,091.10
• Discussion of updated Cleco Line Extension Agreement
• Business Park and Funding update from Mike Tarantino
• Economic Development update from Mike Tarantino
• Approval of minutes from October 28, 2022, and financials for October 2022

The Board approved a payment request and a change order for sewer line construction at Progress Point Business Park. Commissioners also approved the October 2022 financials and meeting minutes.

• Approved October 28, 2022 meeting minutes (unanimous)
• Approved October 2022 financials (unanimous)
• Approved Resolution 11182022-01: Boeuf Built, LLC Change Order #2 for $4,091.10 (unanimous)
• Approved Resolution 11182022-02: Payment #2 to Boeuf Built, LLC for $247,910.10 (unanimous)

Iberia Economic Development Authority Board of Commissioners

The Board authorized a 50-year ground lease and Cooperative Endeavor Agreement with the University of Louisiana at Lafayette to develop a bio-innovation accelerator complex. The Board also approved sewer line payments and electrical service planning for the Progress Point Business Park.

• Approved Resolution 10282020-01 to lease ~15 acres at Progress Point to UL Lafayette for $1/year (Unanimous)
• Approved Resolution 10282022-02 to pay Boeuf Built, LLC $126,538.58 for sewer line construction (Unanimous)
• Approved Resolution 10282022-03 for property access agreements with Tammy Tauriac Ford and George A. Olivier (Unanimous)
• Approved Resolution 10282022-04 for a no-cost Line Extension Agreement with Cleco for electrical service planning (Unanimous)
• Approved September 23 and October 12 meeting minutes (Unanimous)
• Approved September 2022 financials (Unanimous)
• Approved Louisiana Compliance Questionnaire for fiscal year ending June 30, 2022 (Unanimous)

Iberia Economic Development Authority Board of Commissioners

The Board of Commissioners will hold a public hearing and vote on a lease and agreement with UL Lafayette for a Bio Innovation accelerator complex. Members will also discuss sewer line construction and utility extensions for the Progress Point Business Park.

• Resolution 10282022-01: CEA and ground lease with UL Lafayette for Bio Innovation accelerator complex at Progress Point Business Park
• Resolution 10282022-02: Payment to Beouf Built, LLC for sewer line construction at Progress Point Business Park
• Resolution 10282022-03: Property access agreements with George Olivier and Tammy Tauriac Ford for Progress Point sewer line
• Proposed Cleco Line Extension Agreement for Progress Point
• Approval of Louisiana Compliance Questionnaire for fiscal year end June 30, 2022

Iberia Economic Development Authority Board of Commissioners

The Board unanimously approved the introduction of a resolution regarding a proposed CEA and ground lease for the Bio Innovation center at Progress Point. A public hearing on the matter was scheduled for October 28, 2022.

• Approved introduction of the resolution for the Bio Innovation center lease (unanimous)
• Set public hearing date for October 28, 2022, at 7:30am (unanimous)

Iberia Economic Development Authority Board of Commissioners

The Iberia Economic Development Authority Board will consider updates on the Bio Innovation Center at Progress Point and discuss a plan to finalize the development. The board will also review minutes from previous meetings and accept August 2022 financials. A funding update for the Business Park is on the agenda.

• Update on discussions with UL Lafayette regarding the Bio Innovation Center at Progress Point
• Discussion of a plan for Progress Point and process to finalize
• Business Park and funding update
• Acceptance of minutes from August 26 and September 12, 2022 meetings
• Acceptance of financials for August 2022

The Board approved a change order to extend the construction time for the Progress Point sewer line by 37 days. Commissioners also approved the August 2022 financials and meeting minutes from August 26 and September 12, 2022. The Board discussed the Bio Innovation Center lease and authorized the exploration of adjacent properties to expand the park.

• Approved Resolution 09232022-01 to increase sewer line construction time by 37 days (Unanimous)
• Approved August 26, 2022 meeting minutes (Unanimous)
• Approved September 12, 2022 special meeting minutes (Unanimous)
• Approved August 2022 financials (Unanimous)
• Approved motion to expand agenda for sewer project change order (Unanimous)
• Agreed to task Mr. Tarantino with exploring adjacent properties to expand the park

Iberia Economic Development Authority Board of Commissioners

The Iberia Economic Development Authority Board will hold a special meeting to discuss and consider a proposed ground lease and cooperative endeavor agreement with the University of Louisiana System for UL Lafayette to develop a Bio Innovation Center at Progress Point. The meeting includes call to order, roll call, and public comments before the main item.

• Consideration of ground lease and CEA with UL Lafayette for Bio Innovation Center at Progress Point

The Board discussed draft agreements with the University of Louisiana (UL) for the Bio Innovation Center at Progress Point. No formal votes were taken as the meeting adjourned due to a lack of quorum.

• Requested redline drafts of the CEA and ground lease agreements for UL review
• Determined a general location for the project could be proposed without a formalized subdivision plat

Iberia Economic Development Authority Board of Commissioners

The Board approved the release of final payment to LAWCO for water line construction at Progress Point business park. Commissioners also approved the July 2022 financials and the minutes from the August 12, 2022 special meeting.

• Approved Resolution 08262022-01 to release final payment to LAWCO for Progress Point water line construction (Unanimous)
• Approved July 2022 financials (Unanimous)
• Approved August 12, 2022 special meeting minutes (Unanimous)

Iberia Economic Development Authority Board of Commissioners

The Board will discuss updates regarding negotiations with UL Lafayette for the Bio Innovation Center at Progress Point. The meeting includes consideration of potential action on lease terms.

• Update on discussions with UL Lafayette concerning the Bio Innovation Center at Progress Point
• Consideration of possible action on lease term
• Acceptance of June 2022 financials
• Acceptance of June 24, 2022 meeting minutes

The Board approved the June 2022 meeting minutes and financial reports. Commissioners discussed a draft ground lease for the Bio Innovation Center at Progress Point and deferred funding requests under Act 556 until lease discussions are finished.

• Approved June 2022 regular meeting minutes (unanimous)
• Approved June 2022 financials (unanimous)
• Authorized Chairman Cecil Hymel to continue ground lease discussions with Dr. Kolluru
• Decided to hold off on Act 556 funding requests until anchor tenant lease discussions conclude

Iberia Economic Development Authority Board of Commissioners

The Iberia Economic Development Authority Board will meet to approve minutes from prior meetings, accept May 2022 financials, and discuss resolutions to accept state-allocated funds from two 2022 legislative acts. The board will also receive updates on the business park and general economic development.

• Resolution 06242022-01: authorizing chairman to sign paperwork accepting state funds from Act 2022-199 (State Visitor Enterprise Funds)
• Resolution 06242022-02: authorizing chairman to sign paperwork accepting state funds from Act 2022-117 (Capital Outlay)
• Business Park and funding update from Mike Tarantino
• Economic development update from Mike Tarantino

The Board unanimously approved two resolutions authorizing the Chairman to sign documents for funds received through Act 199 and Act 177 of the 2022 legislative session. The Board also approved the May 2022 financials and previous meeting minutes.

• Approved May 2022 regular meeting minutes (unanimous)
• Approved June 3, 2022 special meeting minutes (unanimous)
• Approved May 2022 financials (unanimous)
• Approved Resolution 06242020-01 authorizing Chairman to sign for funds from Act 199 (unanimous)
• Approved Resolution 06242020-02 authorizing Chairman to sign for State Capital Outlay funds from Act 177 (unanimous)

Iberia Economic Development Authority Board of Commissioners

The Iberia Economic Development Authority Board will discuss and consider four resolutions at a special meeting. The main item is awarding a $517,100 contract to Boeuf Built, LLC for a wastewater line to Progress Point Business Park, contingent on FP&C concurrence. Other resolutions address funding cost overruns, property ownership, and a change order reducing water line costs. General discussion of sewer operations at Acadiana Regional Airport is also scheduled.

• Resolution 06032022-01: Award $517,100 contract to Boeuf Built, LLC for Progress Point Business Park wastewater line
• Resolution 06032022-02: Commit funds to cover cost overruns on the wastewater line extension beyond available state funds
• Resolution 06032022-03: Affirm IEDA owns Progress Point property and will retain ownership for life of project bonds
• Resolution 06032022-04: Approve LAWCO Change Order #2 reducing water line costs by $3,016.15
• General discussion of sewer operations in the Acadiana Regional Airport area

Iberia Economic Development Authority Board of Commissioners

The Board of Commissioners will hold public hearings regarding the 2021-2022 amended budget and the proposed 2022-2023 operating budget. The meeting also includes discussions on an upcoming financial audit and updates on the Business Park and economic development.

• Public hearing for amended 2021-2022 operating budget
• Public hearing for proposed 2022-2023 operating budget
• Authorization of P&N audit for fiscal year ending June 30, 2022
• Business Park and Funding update
• Economic Development update

The Board of Commissioners unanimously approved the amended 2021-2022 and proposed 2022-2023 operating budgets. The board also authorized a financial audit for the fiscal year ending June 30, 2022. A low bid of $517,000.00 for sewer lines to Progress Point was reported, with a contract vote pending a future special meeting.

• Adopted amended 2021-2022 operating budget (Unanimous)
• Adopted proposed 2022-2023 operating budget (Unanimous)
• Approved April 2022 meeting minutes (Unanimous)
• Approved April 2022 financials (Unanimous)
• Authorized Chairman to sign audit engagement letter with Postlethwaite & Netterville (Unanimous)

Iberia Economic Development Authority Board of Commissioners

The Iberia Economic Development Authority Board will consider a resolution to authorize a contract payment of $296,781.93 to LAWCO for waterline construction at Progress Point Business Park. The board will also discuss changing the May 2022 regular meeting date from May 27 to May 20. Updates on the business park and economic development will be provided by Mike Tarantino.

• Resolution authorizing Chairman Cecil Hymel to sign disbursements for contract payment #2 to LAWCO in the amount of $296,781.93 for waterline construction to Progress Point Business Park
• Discussion and possible action on rescheduling the May 2022 regular meeting from Friday, May 27 to Friday, May 20
• Public comment period
• Acceptance of minutes and financials for March 2022
• Business Park and funding update from Mike Tarantino

The Board approved a resolution to authorize payment to LAWCO for waterline construction at Progress Point Business Park. Commissioners also approved the March 2022 financials and rescheduled the May meeting. Discussions were held regarding wastewater capacity and electrical infrastructure for the business park.

• Approved March 25, 2022 meeting minutes (Unanimous)
• Approved March 2022 financials (Unanimous)
• Approved $296,781.93 contract payment #2 to LAWCO for Progress Point Business Park waterline (Unanimous)
• Approved changing May meeting date from May 27 to May 20, 2022 (Unanimous)

Iberia Economic Development Authority Board of Commissioners

The Board of Commissioners will review February 2022 minutes and financials. The meeting includes discussions regarding a change order for the Progress Point water line and updates on the Business Park and economic development.

• Change order request from LAWCO for an automatic flushing system at Progress Point water line
• Business Park and funding update from Mike Tarantino
• Economic Development update from Mike Tarantino

The Board approved the February 2022 meeting minutes and financial reports. Commissioners declined a change order request from Lawco for an automatic flushing system on the Progress Point water line. The Board also discussed moving forward with the public bid process for a sewer line project.

• Approved February 25, 2022 meeting minutes (unanimous)
• Approved February 2022 financials (unanimous)
• No action taken on Lawco change order request for automatic flushing system

Iberia Economic Development Authority Board of Commissioners

The Board approved a resolution to put wastewater utility improvements at Progress Point Business Park and Airport Gateway out for public bid. However, the Board decided to hold off the bid process for 30 days to allow for discussions between City and Parish officials regarding wastewater flow and rates.

• Approved February 11, 2022 special meeting minutes (unanimous)
• Approved January 2022 regular meeting minutes (unanimous)
• Approved January 2022 financials (unanimous)
• Approved Resolution 02252022-01 to advertise and bid wastewater utility improvements at Progress Point Business Park and Airport Gateway (unanimous)
• Decided to delay the wastewater project bid process for 30 days

Iberia Economic Development Authority Board of Commissioners

This is a special meeting of the Iberia Economic Development Authority Board of Commissioners. The board will discuss and consider actions related to the Shops at New Iberia development. Other items are procedural: call to order, roll call, and public comment.

• Discuss and consider actions related to the Shops at New Iberia

The Board approved a third amendment to a lease agreement and agreement to issue bonds for property on Admiral Doyle Drive. The amendment removes a specific outparcel, designated as Lot A-1, from the agreement. The Board required that Richards Clearview City Center LLC pay all associated legal and filing fees.

• Approved IEDA Resolution 02112022-01 to authorize the Third Amendment to Lease Agreement and Agreement to Issue Bonds (Unanimous)
• Authorized Chairman Cecil Hymel to negotiate and execute documents related to the request from Richards Clearview City Center LLC (Unanimous)
• Engaged law firm Foley and Judell to handle legal matters associated with the resolution (Unanimous)

Iberia Economic Development Authority Board of Commissioners

The Iberia Economic Development Authority will elect 2022 officers and review the previous fiscal year's financial review. The board will consider a contract with Central Bidding and a payment to LAWCO for infrastructure work.

• Payment of $355,807.60 to LAWCO for Progress Point Business Park waterline construction
• Proposed agreement with Central Bidding for public bid listings
• Request from Richards Clearview Center regarding 'Shops At New Iberia' property
• Election of Chairman, Vice Chairman, Secretary, and Treasurer
• Review of last fiscal year's financial review

The Board appointed its 2022 officers and approved the financial review for the fiscal year ending June 30, 2021. The Board authorized a payment to LAWCO for waterline construction and approved a resolution to negotiate the removal of a property outparcel for Richards Clearview City Center LLC.

• Elected Cecil Hymel as Chairman, Damon Migues as Vice Chair, Fran Henderson as Treasurer, and Bart Romero as Secretary (Unanimous)
• Approved December 2021 meeting minutes (Unanimous)
• Approved December 2021 financials (Unanimous)
• Approved FY ending June 30, 2021 financial review (Unanimous)
• Authorized agreement with Central Bidding to list public bids at no cost for one year (Unanimous)
• Approved $355,807.60 contract payment #1 to LAWCO for Progress Point Business Park waterline (Unanimous)
• Passed Resolution 01282022-01 to negotiate removal of Lot A-1 from 900 E. Admiral Doyle Drive for Richards Clearview City Center LLC, with the company paying all legal costs (Unanimous)