Iberia Economic Development Authority Board of Commissioners public meetings in 2024
15 substantive meetings from 2024, with official agendas or minutes and plain-English summaries.
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority board will vote on approving minutes, November financials, and 2025 meeting dates. They will also consider a $13,859.80 payment for crop damages related to a land purchase, confirm travel expenses for legal counsel, authorize an audit extension request, and discuss designating Mike Tarantino as advisor.
- Consider payment of $13,859.80 for crop damages on the Landry tract
- Confirm hotel costs as travel expenses for Breazeale, Sachse & Wilson law firm
- Authorize board chairman to sign audit extension request with Louisiana Legislative Auditor
- Discuss designating Mike Tarantino as advisor and consultant to IEDA
- Business Park and Economic Development updates from Mike Tarantino
The Board approved a payment for crop damages related to the Landry tract purchase and designated Mike Tarantino as an advisor. Members also authorized an extension request for the Louisiana Legislative Auditor and confirmed travel expenses for Breazeale, Sachse & Wilson, L.L.P.
- Approved $13,859.80 payment for crop damages for Landry tract (Unanimous)
- Confirmed hotel costs as travel expenses for Breazeale, Sachse & Wilson, L.L.P. (Unanimous)
- Authorized Chairman to sign extension request for Louisiana Legislative Auditor (Unanimous)
- Designated Mike Tarantino as advisor and consultant to IEDA (Unanimous)
- Accepted November 13, 2024 special meeting minutes (Unanimous)
- Accepted November 22, 2024 regular meeting minutes (Unanimous)
- Accepted November 2024 financials (Unanimous)
Iberia Economic Development Authority Board of Commissioners
The IEDA Board will discuss and potentially authorize a new purchase agreement for 31.69 acres adjacent to Progress Point at $60,000 per acre, plus a $111,111.11 escrow payment for matching funds. The board may also authorize a rezoning application for the property. Updates on the Business Park and broader economic development will be presented by Mike Tarantino.
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority will discuss the purchase of a 31.69-acre tract from the Landry family. The board will also consider hiring Breazeale, Sachse, & Wilson, LLP as legal counsel and potential litigation with the Iberia Parish School District and Sheriff’s Office.
- Option to purchase 31.69 Acre tract from Landry family members
- Employment of Breazeale, Sachse, & Wilson, LLP as legal counsel
- Executive session regarding prospective litigation with Iberia Parish School District and Iberia Parish Sheriff’s Office
The Board authorized the purchase of a 31.69-acre tract from the Landry family, contingent on financing and rezoning. It also approved hiring Breazeale, Sachse & Wilson, LLP for legal services. No action was taken during the executive session regarding prospective litigation.
- Approved option to purchase 31.69-acre tract from Landry family (unanimous)
- Approved RESOLUTION 11-13-24-01 to employ Breazeale, Sachse & Wilson, LLP as legal counsel (unanimous)
- Approved motion to enter Executive Session (unanimous)
- Designated Chairman Hymel and Mr. Simon as legal contacts (unanimous)
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority Board will discuss and consider authorizing the chairman to enter into a contract with C.H. Fenstermaker & Associates, L.L.C. for an initial Master Plan for Progress Point, not to exceed $20,000. The board will also receive updates on the Business Park and funding, and on economic development. Routine items include approval of minutes and financials.
- Discuss and consider authorizing contract with C.H. Fenstermaker & Associates, L.L.C. for Progress Point Master Plan, not to exceed $20,000
- Business Park and Funding update from Mike Tarantino
- Economic Development update from Mike Tarantino
- Acceptance of financials for August and September 2024
- Acceptance of minutes from September 25 and September 30, 2024 meetings
The Board authorized the chairman to contract with C.H. Fenstermaker & Associates, L.L.C. for an initial Master Plan for Progress Point. The Board also accepted meeting minutes and financial reports for August and September 2024.
- Approved contract for Progress Point Master Plan with C.H. Fenstermaker & Associates, L.L.C. not to exceed $20,000.00 (Unanimous)
- Accepted September 2024 regular meeting minutes (Unanimous)
- Accepted September 2024 special meeting minutes (Unanimous)
- Accepted August 2024 financials (Unanimous)
- Accepted September 2024 financials (Unanimous)
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority Board will hold a special meeting to discuss and consider a resolution authorizing a $4,000 payment to extend an option to purchase a 31.69-acre tract of land from the Paul T Landry Jr. Revocable Living Trust and others. The resolution would also authorize Chair Person Cecil Hymel to execute related documents.
- Resolution to pay $4,000 for extension of option to purchase 31.69-acre tract from Paul T Landry Jr. Revocable Living Trust
- Authorization for Chair Person Cecil Hymel to execute documents for the land option extension
The Board of Commissioners approved a resolution to pay $4,000 for an extension of the option to purchase a 31.69-acre tract of land. The land is being purchased from the Paul T. Landry Jr. Revocable Living Trust and Others.
- Approved RESOLUTION 9-30-24-01 to pay $4,000 for a 31.69-acre land purchase option extension (unanimous)
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority will discuss accepting state funds and purchasing property from the Paul T. Landry, Jr. Revocable Living Trust. The board will also consider hiring Eisner Amper for a financial review and purchasing equipment from Copynet.
- Resolutions 09-25-24-01 and 09-25-24-02 to accept Stave Visitor Enterprise and Capital Outlay Funds
- Resolution 09-25-24-03 to purchase property from the Paul T. Landry, Jr. Revocable Living Trust
- Engagement of Eisner Amper for a review of last year's financials
- Purchase of a new printer/copier/scanner from Copynet
- Business Park and Economic Development updates from Mike Tarantino
The Board approved resolutions to authorize the Chairman to sign for state funds and the purchase of property from the Paul T. Landry, Jr. Revocable Living Trust and Others. The Board also engaged Eisner Amper for a financial review and approved the purchase of office equipment.
- Approved August 2024 meeting minutes (unanimous)
- Approved RESOLUTION 09-25-24-01 regarding Act 4 of the 2024 Regular Legislative session funds (unanimous)
- Approved RESOLUTION 09-25-24-02 regarding State Capital Outlay for Progress Point Business Park and Airport Gateway (unanimous)
- Approved engagement of Eisner Amper for financial review (unanimous)
- Approved RESOLUTION 9-25-24-03 to purchase property from Paul T. Landry, Jr. Revocable Living Trust and Others (unanimous)
- Approved purchase of printer/copier/scanner from Copynet, LLC (unanimous)
Iberia Economic Development Authority Board of Commissioners
The Board of Commissioners will discuss the acceptance of an appraisal, title opinion, and environmental assessment. The body will also consider a resolution to purchase property and review funding for the business park.
- Resolution to purchase property
- State Certified General Appraisal by Joey Derouen
- Phase 1 Environmental Assessment completed by KourCo
- Preliminary Title Opinion
- Evidence of current commitment of funds and match availability
The Board unanimously approved the purchase of land next to Progress Point Business Park, subject to survey, inspection, title, funding, and FP&C approval. The Board also authorized Waterworks District No. 3 to receive interest on bond funds for a water treatment plant. Several reports and appraisals regarding the business park property were accepted.
- Approved purchase of property adjacent to Progress Point Business Park (Unanimous)
- Approved Resolution 8-23-24-06 allowing Waterworks District No. 3 to receive interest on bond funds for Acadiana Regional Airport water plant (Unanimous)
- Approved State Certified Appraisal Report for property adjacent to Progress Point Business Park (Unanimous)
- Approved Phase 1 Environmental report for property adjacent to Progress Point Business Park (Unanimous)
- Approved evidence of commitment of funds for purchase of property adjacent to Progress Point Business Park (Unanimous)
- Postponed acceptance of Preliminary Title Opinion for property adjacent to Progress Point Business Park (Unanimous)
- Approved July 2024 meeting minutes (Unanimous)
- Approved July 2024 financials (Unanimous)
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority Board will meet to discuss and consider contracting Fenstermaker for a boundary survey. The board will also accept minutes from May and June 2024 meetings, approve May 2024 financials, and receive updates on the Business Park and economic development.
- Consider contracting Fenstermaker for boundary survey
- Accept minutes from May and June 2024 meetings
- Accept financials for May 2024
- Business Park and Funding update from Mike Tarantino
- Economic Development update from Mike Tarantino
The Board unanimously approved contracting Fenstermaker to perform a boundary survey for 31.3 acres adjacent to Progress Point. The Board also approved the May 2024 financials and the May and June 2024 meeting minutes.
- Approved contracting Fenstermaker for boundary survey (Unanimous)
- Approved May 2024 financials (Unanimous)
- Accepted May and June 2024 meeting minutes (Unanimous)
Iberia Economic Development Authority Board of Commissioners
The Board of Commissioners will hold public hearings and vote on adopting the amended 2023-2024 operating budget and the proposed 2024-2025 operating budget. The meeting also includes updates regarding the Business Park, funding, and economic development.
- Public hearing for amended 2023-2024 operating budget
- Public hearing for proposed 2024-2025 operating budget
- Resolution to adopt amended 2023-2024 operating budget
- Resolution to adopt proposed 2024-2025 operating budget
- Business Park and funding update from Mike Tarantino
The Board of Commissioners unanimously approved the amended operating budget for 2023-2024 and the proposed operating budget for 2024-2025. The board also received updates on First Solar, Ambrose, and new state legislation regarding lease terms for educational institutions.
- Adopted amended 2023-2024 operating budget (Unanimous)
- Adopted proposed 2024-2025 operating budget (Unanimous)
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority Board of Commissioners will meet to review financial reports and legal bills. The board will discuss a proposal for an environmental survey and receive a funding update on a park.
- Proposal from KourCo Environmental Services for Phase I Environmental Survey on Landry property for $3,400.00
- Ratification of legal bills from Simon and Simon for the First Solar Project
- Acceptance of auditor's financial and AUP reports for Fiscal year ending June 30, 2023
- Park and funding update from Mike Tarantino
The Board approved a $3,400 environmental survey for the Landry property and approximately $20,000 in legal fees for the First Solar Project. Commissioners also accepted the FY2023 auditor's financial and AUP reports. The June meeting date was rescheduled to June 12.
- Approved April 2024 minutes (unanimous)
- Approved April 2024 financials (unanimous)
- Approved $3,400 KourCo Environmental Services proposal for Phase I Survey on Landry Property (unanimous)
- Approved estimated $20,000 in legal fees to Simon and Simon for First Solar Project (unanimous)
- Accepted auditor's financial and AUP reports for Fiscal Year ending June 30, 2023 (unanimous)
- Changed June 2024 meeting date to Wednesday, June 12, at 7:30 AM
Iberia Economic Development Authority Board of Commissioners
The board will hold a public hearing and consider a resolution authorizing up to $20 million in industrial development revenue bonds (Tax-Exempt Series 2024A and Taxable Series 2024B). The meeting also includes a public comment period, acceptance of March 2024 minutes and financials, and a park and funding update.
- Public hearing on issuance of up to $20 million in Industrial Development Revenue Bonds
- Resolution authorizing sale of Tax-Exempt Series 2024A and Taxable Series 2024B bonds
- Acceptance of March 2024 meeting minutes
- Acceptance of March 2024 financials
- Park and funding update from Mike Tarantino
Iberia Economic Development Authority Board of Commissioners
The Board authorized a 15-year lease agreement and bond issuance for a project at 2211 North Grand Prairie Road. Commissioners also approved a resolution to purchase additional acreage for the Progress Point Business Park. February 2024 minutes and financials were approved.
- Approved lease agreement and bond issuance with 2024 BTS-Iberia LA, LLC (unanimous)
- Approved resolution to sign property option agreement for Progress Point Business Park expansion (unanimous)
- Authorized expenditure of $2,000.00 for the first property option extension (unanimous)
- Approved February 2024 meeting minutes (unanimous)
- Approved February 2024 financials (unanimous)
- Approved motion to expand the meeting agenda (unanimous)
Iberia Economic Development Authority Board of Commissioners
The Board of Commissioners will hold a public hearing to discuss authorizing a Lease Agreement and Agreement to Issue Bonds with 2024 BTS-Iberia LA, LLC. The body will also consider adopting a resolution to enter into a lease with the same entity. Additionally, the board will receive updates on business park funding and infrastructure.
- Public hearing on Lease Agreement and Agreement to Issue Bonds with 2024 BTS-Iberia LA, LLC
- Resolution to enter into a Lease Agreement with 2024 BTS-Iberia LA, LLC
- Business park and funding update from Mike Tarantino
- Discussion of infrastructure and property options
Iberia Economic Development Authority Board of Commissioners
The Board of Commissioners will discuss a resolution to authorize the sale of up to $20,000,000 in Industrial Development Revenue Bonds. The meeting also includes a public hearing regarding a proposed lease agreement with 2024 BTS-Iberia LA, LLC.
- Issuance and sale of up to $20,000,000 of Industrial Development Revenue Bonds
- Proposed lease agreement with 2024 BTS-Iberia LA, LLC (an affiliate of Ambrose Property Group)
- Business Park and funding update including infrastructure and property options
- Update on filling a vacant IEDA seat
The Board approved the issuance of Industrial Development Revenue Bonds for the First Solar project and declared its intent to enter a lease agreement for a warehouse project. The agenda was expanded to include a public hearing regarding 'Project Sugarcane'.
- Approved issuance and sale of up to $20,000,000 in Industrial Development Revenue Bonds for First Solar project (passed by majority vote, one abstention)
- Approved January 2024 meeting minutes (unanimous)
- Approved January 2024 financials (unanimous)
- Approved expansion of meeting agenda to include 'Project Sugarcane' items (unanimous)
- Approved opening of public hearing (unanimous)
- Approved resolution declaring intent to enter a Lease Agreement and Agreement to Issue Bonds for a warehouse project (unanimous)
- Introduced resolution to enter into a Lease Agreement with 2024 BTS-Iberia LA, LLC for vote at March 22 meeting (unanimous)
- Approved closing of public hearing (unanimous)
Iberia Economic Development Authority Board of Commissioners
The Iberia Economic Development Authority will hold a public hearing regarding a lease agreement with First Solar, Inc. The board will also discuss a PILOT agreement with Project Sugarcane and elect officers for 2024.
- Public hearing on lease agreement with First Solar, Inc.
- Discussion of PILOT agreement terms with Project Sugarcane
- Election of Chairman, Vice Chairman, Secretary, and Treasurer
- Business Park and funding update from Mike Tarantino
- Economic Development update from Mike Tarantino
The Board approved a resolution to enter into a lease agreement with First Solar, Inc. and authorized the Chairman to hold formal discussions with a new business prospect seeking a PILOT agreement. The Board also elected its officers for the calendar year.
- Approved December 2023 meeting minutes (unanimous)
- Approved November 2023 financials (unanimous)
- Approved December 2023 financials (unanimous)
- Elected Cecil Hymel as Chairman (unanimous)
- Elected Damon Migues as Vice Chair (unanimous)
- Elected Bart Romero as Secretary (unanimous)
- Elected Fran Henderson as Treasurer (unanimous)
- Approved resolution to enter into Lease Agreement with First Solar, Inc. (majority vote, 1 abstention)