Regular Meeting Minutes for Tuesday, March 17, 2015

IBERVILLE PARISH COUNCIL MINUTES
PUBLIC HEARING, TUESDAY, MARCH 17, 2015
PROPOSED ORDINANCE
The Parish Council of Iberville Parish, State of Louisiana, held a Public Hearing in the Council
Meeting Room, 58050 Meriam Street, Plaquemine, Louisiana, on the 17th day of March, 2015 at
6:00 p.m. pursuant to a Notice of Public Hearing published on the 12th day of March, 2015 in the
Post South.
The Council Chairman, Matthew H. Jewell, called the meeting to order at 6:00 p.m. followed by
the roll call with the following Council Members in attendance: Warren Taylor, District 1;
Mitchel J. Ourso, Sr.; District 2; Edwin M. Reeves, Jr., District 5; Salaris G. Butler, Sr., District
6; Hunter S. Markins, District 8; Louis R. Kelley, Jr., District 10; Timothy J. Vallet, District 11;
Matthew H. Jewell, District 12; Bart B. Morgan, District 13.
Absent: Henry J. Scott, Jr., District 3; Leonard Jackson, Sr., District 4; Howard Oubre, Jr.,
District 7; Terry J. Bradford, District 9.
Chief Administrative Officer- Edward Songy and Ms. Elizabeth Engolio were in attendance.
Ms. Engolio filled in for Legal Counsel- Scott Stassi’s absence.
A quorum was present and due notice had been given.
Mr. Songy read the following ordinance in entirety.
ORDINANCE 1
Ordinance to create Cora Texas Industrial Area
Mr. Charles Schudmak representing Cora Texas Manufacturing Company, LLC (Cora Texas)
was present to answer any questions. The floor was opened to comments and questions. There
were no questions nor any opposition to the ordinance.
There being no further business to be conducted, the hearing was adjourned at 6:05 p.m.
/s/ KIRSHA D. BARKER
COUNCIL CLERK
/s/ MATTHEW H. JEWELL
COUNCIL CHAIRMAN
IBERVILLE PARISH COUNCIL MINUTES
REGULAR MEETING, TUESDAY, MARCH 17, 2015
The Parish Council of Iberville Parish, State of Louisiana, met in Regular Session, in the Council
Meeting Room, 2nd Floor, Courthouse Building, 58050 Meriam Street, Plaquemine, Louisiana,
on the 17th day of March, 2015.
The Council Chairman, Matthew H. Jewell, called the meeting to order at 6:30 p.m. followed by
the roll call with the following Council Members in attendance: Warren Taylor, District 1;
Mitchel J. Ourso, Sr.; District 2; Henry J. Scott, Jr., District 3; Edwin M. Reeves, Jr., District 5;
Salaris G. Butler, Sr., District 6; Hunter S. Markins, District 8; Louis R. Kelley, Jr., District 10;
Timothy J. Vallet, District 11; Matthew H. Jewell, District 12; Bart B. Morgan, District 13.
Absent: Leonard Jackson, Sr., District 4; Howard Oubre, Jr., District 7; Terry J. Bradford,
District 9.
Chief Administrative Officer- Edward Songy and Ms. Elizabeth Engolio were in attendance.
Ms. Engolio filled in for Legal Counsel- Scott Stassi’s absence.
A quorum was present and due notice had been published on the Parish website and in the
official journal on the 12th day of March, 2015. The Pledge of Allegiance followed.
Council Chairman Jewell called for anyone wanting to make public comments to register with
the Clerk. No one registered to speak.
PRESENTATIONS AND APPEARANCES
A) Proclamation proclaiming March as American Red Cross Month in Iberville Parish
 The proclamation was read aloud by Chairman Jewell. No one was present to
accept the proclamation.
B) Proclamation proclaiming April as Autism Awareness Month in Iberville Parish
 Ms. Teresa Wilson, representing Families Helping Families came before the
council to speak on behalf of the organization and to announce their upcoming
“6th Annual Active for Autism Walk and Fun Fest” on Saturday, April 18, 2015.
The event promotes awareness for those affected by autism.
 Ms. Wilson read aloud a letter from Ms. April Favaron, an Iberville Parish
resident who has a daughter diagnosed with Autism. Ms. Favaron explained how
helpful Families Helping Families has been to her family and what a great
resource this organization is to the Parish.
 The proclamation proclaimed April as Autism Awareness Month in Iberville
Parish. A picture was taken for the newspaper.
C) Resolution of Condolence for Mr. Ernest Davis, Sr.
 This agenda item was passed on until the next Council meeting.
D) Resolution of Recognition for Kamryn Fairchild- Vallet
 A resolution of recognition was read aloud by Councilman Vallet in honor of
Miss Kameryn Fairchild’s softball scholarship to Southeastern University. A
picture was taken for the newspaper.
E) Resolution of Recognition for Kristyn Fairchild- Vallet
 A resolution of recognition was read aloud by Councilman Vallet in honor of
Miss Kristyn Fairchild’s softball scholarship to LSU-Eunice. A picture was taken
for the newspaper.
APPROVAL OF MINUTES
Upon a motion by Councilman Reeves, and seconded by Councilman Taylor, it was moved to
wave the reading of the minutes of February 24, 2015 and approve as written. The motion
having been duly submitted to a vote was duly adopted by the following yea and nay votes on
roll call:
YEAS: Taylor, Ourso, Scott, Reeves, Butler, Markins, Kelly, Vallet, Morgan.
NAYS: None.
ABSTAIN: None.
ABSENT: Jackson, Oubre, Bradford.
The motion was declared adopted by the Chairman.
PRESIDENT’S REPORT
Chief Administrative Officer, Edward Songy reported on the following:


The East Iberville Governmental Complex is nearing completion. The bond company
and the contractor met with the Parish and were given 21 days to complete the project.
They estimate to have substantial completion in the next 5 days.
The Alligator Bayou Project is currently undergoing an environmental study to double
the gate size to improve flood protection and drainage. The land has been cleared and
fenced in along the bayou. Now that the area has been cleared there are hundreds of
fishermen out fishing and enjoying the area.


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The East Iberville Fire Station on Hwy 30 received the lowest bid of $329,900. The
contract will be signed and a notice to proceed will be issued this Friday, March 20,
2015. A larger bay will be built to accommodate their equipment, fire trucks, and rescue
units. Once built, they will be able to turn around on the road and not have to back up on
the major highway which will improve their efficiency.
The State wanted to close the Plaquemine Locks permanently on March 15, 2015 but
they have reached an agreement with the Parish and City of Plaquemine to keep the lock
house open until the end of the year. It will be open 3 days a week on Thursday, Friday,
and Saturday only. The part time employee will remain there and the insurance will be
maintained by the State of Louisiana. The freshwater pumps are the obligation of the
City of Plaquemine with the assistance of the Corps of Engineers. Hopefully, when the
new governor comes into office they will work out a new agreement to keep the Lock
house open because it is a major tourist site within Plaquemine.
There will be a Pet Awareness Day and Easter Egg Hunt on Saturday, March 28, 2015 at
the Bayou Plaquemine Waterfront Park. There will be pet adoptions, dog
demonstrations, and a rabies clinic. It is $10 for the rabies vaccine. In 2014, the Parish
has adopted over 1,400 dogs out of the Iberville Parish Animal Shelter which is the
largest number ever. A veterinarian from the LSU School of Veterinarian Medicine
comes to the shelter two or three times a month with her mobile vet clinic and spays and
neuters the dogs and cats and treats them for illnesses which enables the Parish to adopt
them out. The Shelter has been working with various rescue agencies that take in special
full breed dogs and adopt them out throughout the Unites States.
CHAMBER OF COMMERCE REPORT
Mr. Hank Grace stated there was nothing to report.
FINANCIAL REPORT
Mr. Randall Dunn stated financial statements had been mailed. He also stated the sales taxes
continue to look good. There were no questions for Mr. Dunn.
OLD BUSINESS
A)
Ordinance to create Cora Texas Industrial Area
ORDINANCE IPC# 001-15
ORDINANCE TO ESTABLISH THE CORA TEXAS MANUFACTURING COMPANY,
LLC INDUSTRIAL AREA WITHIN IBERVILLE PARISH, LOUISIANA
WHEREAS, Cora Texas Manufacturing Company, LLC has requested the Iberville Parish
Council designate its property upon which its sugar manufacturing and associated industries are
located as an “Industrial Area”. A copy of the letter submitted by Cora Texas Manufacturing
Company, LLC (Cora Texas) dated January 26, 2015 is attached hereto and incorporated by
reference.
WHEREAS, the land comprising the “Cora Texas Industrial Area” shall be utilized
exclusively for industrial purposes or for facilities that are primarily suited for
industrial/manufacturing development.
WHEREAS, the land an accurate legal description of which is contained on the attached
survey map is hereby designated at the “CORA TEXAS MANUFACTURING COMPANY,
LLC INDUSTRIAL AREA” under the provisions of La. R.S. 33:130.11, et seq., and the Iberville
Parish Council Clerk is instructed to file a certified copy of the legal description and map of the
area along with a certified copy of this ordinance with the Clerk of Court for the Parish of
Iberville in both the mortgage and conveyance records.
WHEREAS, the Council Clerk is directed to furnish a certified copy of this ordinance to the
Iberville Parish Assessor and ask that the Assessor duly notes the action of the Iberville Parish
Council in the records of the Assessor’s office.
WHEREAS, the Council Clerk is directed to furnish a certified copy of this ordinance to the
Louisiana Department of Commerce and Industry designating the “Cora Texas” Industrial Area
as an approved Industrial Area within the Parish of Iberville.
WHEREAS, no portion of the “Cora Texas” Industrial Area may be included within a special
services district for the purpose of construction and cleaning of streets, roads, street lighting,
sewer and sewage works, fire protection, waterworks or garbage and refuse collection, provided
that any industry located within the said Industrial Area individually or as a group, furnish and
maintain such services as needed, and file annually an affidavit with the Iberville Parish Council
Clerk so stating that such services are being provided within the designated area.
WHEREAS, no industry located or in progress of being located within the boundaries of the
“Cora Texas” Industrial Area shall have any of the privileges or immunities set forth in this
ordinance or provided by Louisiana law, unless and until that industry files with the Clerk of the
Parish Council a duly executed agreement to notify the Parish Council in writing immediately
upon the discontinuance of the furnishing and/or maintaining of any one or all of the services to
themselves which had began previously set forth in the annual affidavit filed by the industry(s)
with the Parish Council and to allow inspection by the Iberville Parish Council or any designee
thereto, of the premises on which the industries claim by affidavit duly filed that they shall and
are furnishing and maintaining any or all of the services enumerated above. Such inspection shall
be made at reasonable times and intervals and shall be limited to the observation of the area(s)
and/or facilities to the services which the industries claim by duly filed affidavit to be furnishing.
Any such affidavits filed by an industry within the designated Industrial Area shall be filed by
the Council Clerk with the Iberville Parish Assessor.
WHEREAS, this ordinance shall in no way repair or restrict any agreement between
industries located within the “Cora Texas” Industrial Area and the Parish Council for mutual fire
protection that may be necessary in grave emergencies.
WHEREAS, the above ordinance to designate the “Cora Texas” Industrial Area shall be
scheduled for public hearing on the 17th day of March, 2015 in the chambers of the Iberville
Parish Council at 6:00 P.M.
WHEREAS, the above ordinance was duly adopted in regular session after public hearing and
NOW THEREFORE BE IT ORDAINED AS FOLLOWS: “That the “Cora Texas” Industrial
Area as identified on the attached map and property description be and is hereby approved in
accordance law.”
The foregoing ordinance, which was previously introduced at a regular meeting of the Parish
Council on the 24th day of February, 2015, and a summary thereof having been published in the
official journal, the public hearing on this ordinance held on the 17th day of March, 2015, at 6:00
p.m., in the Council Meeting Room, 58050 Meriam Street, Plaquemine, Louisiana, was brought
up for final passage with a motion by Councilman Taylor, and seconded by Councilman Ourso,
having been duly submitted to a vote, the ordinance was duly adopted by the following yea and
nay vote on roll call:
YEAS: Taylor, Ourso, Scott, Reeves, Butler, Markins, Kelly, Vallet, Morgan.
NAYS: None.
ABSTAIN: None.
ABSENT: Jackson, Oubre, Bradford.
The ordinance was declared adopted by the Chairman on the 17th day of March, 2015.
NEW BUSINESS
A) Introduction of Ordinances
Mr. Songy introduced the following ordinances:
1)
Ordinance to sell Tax Adjudicated properties
2) Ordinance to grant a servitude to Bell South Communications, LLC D/B/A AT&T Louisiana
along Industrial Boulevard
Upon a motion by Councilman Reeves, seconded by Councilman Vallet, it was moved that a
public hearing be held on Tuesday, April 21, 2015 at 6:00 p.m. on the introduced ordinances.
The motion having been duly submitted to a vote, was duly adopted by the following yea and
nay votes on roll call:
YEAS: Taylor, Ourso, Scott, Reeves, Butler, Markins, Kelly, Vallet, Morgan.
NAYS: None.
ABSTAIN: None.
ABSENT: Jackson, Oubre, Bradford.
The motion was declared adopted by the Chairman on March 17, 2015.
RESOLUTION COMMITTEE REPORT
The Resolution Committee met on Tuesday, March 17, 2015 at 6:05 p.m., followed by the roll
call with the following Resolution Committee Members only in attendance: Reeves, Vallet,
Butler, Kelley, Markins, Morgan.
Absent: Oubre, Jackson.
The following resolution was read aloud by Mr. Songy:
A) Resolution giving preliminary approval to and authorizing the advertising for sealed bids for
the purchase of not exceeding Eight Million Dollars ($8,000,000) of Sales Tax Bonds of the
Parish of Iberville, State of Louisiana, and providing for other matters in connection therewith
Councilman Vallet made a recommendation to forward the resolution to the regular meeting,
seconded by Councilman Kelley. The recommendation having been duly submitted to a vote
was duly adopted by the following yea and nay votes on roll call by Resolution Committee
Members only:
YEAS: Reeves, Vallet, Butler, Kelley, Markins, Morgan.
NAYS: None.
ABSTAIN: None.
ABSENT: Oubre, Jackson.
The recommendation was declared adopted by the Chairman to forward this item to the regular
meeting.
DURING THE REGULAR MEETING:
RESOLUTION IPC#2015-006
RESOLUTION GIVING PRELIMINARY APPROVAL TO
AND AUTHORIZING THE ADVERTISING FOR SEALED
BIDS FOR THE PURCHASE OF NOT EXCEEDING EIGHT
MILLION DOLLARS ($8,000,000) OF SALES TAX BONDS
OF THE PARISH OF IBERVILLE, STATE OF LOUISIANA,
AND PROVIDING FOR OTHER MATTERS IN
CONNECTION THEREWITH
The following resolution was introduced by Councilman Kelley, seconded by
Councilman Markins.
BE IT RESOLVED by the Parish Council of the Parish of Iberville, State of
Louisiana (the “Governing Authority”), acting as the governing authority of the Parish of
Iberville, State of Louisiana (the “Issuer”) that:
SECTION 1) Advertisement for Sale. There is hereby approved and the Issuer is
hereby empowered, authorized and directed to advertise in accordance with the provisions of law
for sealed bids for the purchase of not exceeding Eight Million Dollars ($8,000,000) of Sales Tax
Bonds (the “Bonds”) of the Issuer. The Bonds will be issued for the purpose of constructing,
improving and extending the water system of the Issuer, including the acquisition of equipment
therefore, title which shall be in the public (the “Project”), pursuant to Sub-Part F, Part III,
Chapter 4 of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other
constitutional and statutory authority. The Bonds shall be payable in not more than twenty (20)
annual installments with the final payment to fall due not later than June 30, 2036, at a rate or
rates of interest not exceeding three and forty-five hundredths per centum (3.45%) per annum
(which includes any administrative fee which may be charged to the Issuer), issued in one or
more series as taxable bonds, and shall be payable solely from and secured by an irrevocable
pledge and dedication of the Issuer’s portion (currently 50.3034%) of the net avails or proceeds of
the special one percent (1%) sales and use tax being levied and collected by the Parish, pursuant to
various elections held in the Parish, most recently on July 16, 2005 (the “Tax”), subject only to the
prior payment of the reasonable and necessary costs and expenses of collecting and
administering the Tax (the “Net Revenues of the Tax”).
SECTION 2) Basic Terms of Bonds. The Bonds will be in fully registered
form, will be dated the date of delivery thereof, will be in the denomination of One Thousand
Dollars ($1,000) each, or any integral multiple thereof within a single maturity, and will bear
interest from date thereof, or the most recent interest payment date to which interest has been
paid or duly provided for, said interest to be payable semiannually on February 1 and August 1
of each year as determined by the Governing Authority.
SECTION 3) Sale of Bonds. The Bonds shall be sold in the manner required by
law, and in accordance with the terms of this resolution and the official Notice of Bond Sale
herein set forth. In advertising the Bonds for sale, the Governing Authority shall reserve the
right to reject any and all bids received.
SECTION 4) Notice of Bond Sale. The Parish President is hereby further
empowered, authorized and directed to issue a Notice of Bond Sale and cause the same to be
published as required by law, which Notice of Bond Sale shall be in substantially the following
form:
OFFICIAL
NOTICE OF BOND SALE
NOT EXCEEDING $8,000,000
SALES TAX BONDS
OF THE
PARISH OF IBERVILLE, STATE OF LOUISIANA
NOTICE IS HEREBY GIVEN that the Parish Council of the Parish of Iberville, State of
Louisiana (the “Governing Authority”), acting as the governing authority of the Parish of
Iberville, State of Louisiana (the “Issuer”), will receive sealed bids or electronic bids at the
Parish Council Office, 58050 Meriam Street, Plaquemine, LA 70765, until six thirty (6:30)
o'clock p.m., Louisiana Time, Central Time, on Tuesday, April 21, 2015 (or such other date as
may be determined by the Parish President) for the purchase of not exceeding Eight Million
Dollars ($8,000,000) of Sales Tax Bonds (the “Bonds”) of the Issuer, authorized for the purpose
of constructing, improving and extending the water system of the Issuer, including the
acquisition of equipment therefore, title which shall be in the public, pursuant to Sub-Part F, Part
III, Chapter 4 of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other
constitutional and statutory authority. The Bonds may be issued in one or more series as taxable
bonds and shall payable solely from and secured by an irrevocable pledge and dedication of the
Issuer’s portion (currently 50.3034%) of the net avails or proceeds of the special one percent
(1%) sales and use tax being levied and collected by the Parish, pursuant to various elections
held in the Parish, most recently on July 16, 2005 (the “Tax”), subject only to the prior payment
of the reasonable and necessary costs and expenses of collecting and administering the Tax.
The Bonds will be issued in the form of a single fully registered bond per series, will be
dated the date of delivery thereof, will bear interest from the date thereof, or the most recent
interest payment date to which interest has been paid or duly provided for, at a rate or rates of
interest not exceeding three and forty-five hundredths per centum (3.45%) per annum (which
includes any administrative fee which may be charged to the Issuer) and shall be in the
denomination of $1,000 per principal installment within each such bond. Interest on the Bonds
shall be payable on February 1 and August 1 of each year, commencing on the first such date to
occur after the delivery of the Bonds, and the principal shall be payable in not more than twenty
(20) annual installments with the final payment to fall due not later than June 30, 2036, as shall
be more fully set forth in a subsequent ordinance of the Governing Authority.
Interest on the Bonds shall not be excluded from gross income for federal income tax
purposes. The installments of principal of the Bonds are subject to prepayment at the option of
the Issuer at any time, in whole or in part, at a prepayment price of par plus accrued interest and
accrued administrative fee, if any.
The Parish President of the Issuer may request from any bidder evidence of good faith to
accompany its bid in the form of a certified or cashier's check in the amount of Eighty Thousand
Dollars ($80,000) drawn on an incorporated bank or trust company and payable to the order of
the Issuer. The good faith check of the successful bidder, if requested, will be retained uncashed
by the Issuer until delivery of the Bonds and payment therefor, or will be cashed and forfeited to
the Issuer as liquidated damages in event the bidder should fail to fulfill the terms of its bid. The
checks of the unsuccessful bidders will be returned to them immediately upon the rejection of
their bids. The right is reserved to reject any and all bids received.
A commitment has been obtained from the Louisiana Department of Health and Hospitals
(“DHH”), pursuant to which DHH will purchase the Bonds at par at a rate of interest not
exceeding three and forty-five hundredths per centum (3.45%) per annum, including an
administrative fee, unless an equal or better bid is received from a bidder or bidders other than
DHH, within the terms herein specified.
The approving legal opinion of Foley & Judell, L.L.P., who have supervised the
proceedings, the printed Bonds and the transcript of record as passed upon will be furnished to
the successful bidder without cost to it. Said transcript will contain the usual closing proofs,
including a certificate that up to the time of delivery no litigation has been filed questioning the
validity of the Bonds or the tax revenues necessary to pay the same.
For information relative to the Bonds and not contained in the Notice of Bond Sale
address Mr. J. Mitchell Ourso, Jr., Parish President , 58050 Meriam Street Plaquemine, LA
70765 or Foley & Judell, L.L.P, One Canal Place, Suite 2600, 365 Canal Street, New Orleans,
Louisiana 70130, Bond Counsel.
THUS DONE AND SIGNED on this, the 17th day of March, 2015.
ATTEST:
/s/ Matthew H. Jewell
Chairman
/s/ Kirsha D. Barker
Council Clerk
SECTION 5) Receipt of Bids. This Governing Authority will meet in open and public
session at six thirty (6:30) o’clock p.m., Louisiana Time (Central Time), on Tuesday, April 21,
2015 (or such other date as may be determined by the Parish President of the Issuer) at the Parish
Council Office, Plaquemine, Louisiana, for the purpose of receiving bids for the Bonds,
considering and taking action upon the bids, and taking any other action required by this
resolution, or necessary to effectuate the issuance, sale and delivery of the Bonds. If any award
of the Bonds shall be made, such award and best bidder to be determined in accordance with the
aforesaid Official Notice of Bond Sale. There shall be prepared an Official Bid Form for the
submission of bids, which Official Bid form shall be made available to all interested parties.
SECTION 6) State Bond Commission Approval. Application is hereby formally made to
the State Bond Commission, Baton Rouge, Louisiana, for its consent and authority to issue and
sell the aforesaid Bonds, and a certified copy of this resolution shall be forwarded to the State
Bond Commission on behalf of the Governing Authority, together with a letter requesting the
prompt consideration and approval of this application. By virtue of applicant/Issuer’s
application for, acceptance and utilization of the benefits of the Louisiana State Bond
Commission’s approval(s) resolved and set forth herein, it resolves that it understands and agrees
that such approval(s) are expressly conditioned upon, and it further resolves that it understands,
agrees and binds itself, its successors and assigns to, full and continuing compliance with the
State Bond Commission Policy on Approval of Proposed Use of Swaps, or other forms of
Derivative Products Hedges, Etc., adopted by the Commission on July 20, 2006, as to the
borrowing(s) and other matter(s) subject to the approval(s), including subsequent application and
approval under said Policy of the implementation or use of any swap(s) or other product(s) or
enhancement(s) covered thereby.
SECTION 7) Bond Counsel Employment. This Governing Authority finds and
determines that a real necessity exists for the employment of special counsel in connection with
the issuance of the Bonds, and accordingly, Foley & Judell, L.L.P., of New Orleans, Louisiana,
as Bond Counsel, is hereby employed to do and perform work of a traditional legal nature as
bond counsel with respect to the issuance and sale of said Bonds. Said Bond Counsel shall
prepare and submit to this Governing Authority for adoption all of the proceedings incidental to
the authorization, issuance, sale and delivery of such Bonds, shall counsel and advise this
Governing Authority as to the issuance and sale thereof and shall furnish its opinions covering
the legality of the issuance of the Bonds. The fee of Bond Counsel for each series of bonds shall
be fixed at a sum not exceeding the fee allowed by the Attorney General’s fee guidelines for
such bond counsel work in connection with the issuance of such series of revenue bonds and
based on the amount of said Bonds actually issued, sold, delivered and paid for, plus “out-ofpocket” expenses, said fees to be contingent upon the issuance, sale and delivery of said bonds.
The Parish President is hereby authorized and directed to execute, and this Governing Authority
hereby agrees to and accepts the terms of, the engagement letter in the form presented at this
meeting. A certified copy of this resolution shall be submitted to the Attorney General of the
State of Louisiana for his written approval of said employment and of the fees herein designated,
and the director of finance for the Parish is hereby empowered and directed to provide for
payment of the work herein specified upon completion thereof and under the conditions herein
enumerated.
SECTION 8) Appointment of Municipal Advisor. The Issuer hereby retains Trinity
Capital Resources, LLC, of Baton Rouge, Louisiana, to act as its Municipal Advisor (“MA”)
pursuant to the provisions of the Act and the rules promulgated thereunder by the Securities and
Exchange Commission. The Issuer hereby acknowledges that it is represented by the MA and
will rely upon the advice of the MA with respect to the Bonds. The fee to be paid the MA shall
be payable solely from the proceeds of the Bonds when and if issued, and the amount thereof
shall be subject to the approval of the State Bond Commission. The Parish President is hereby
authorized and directed to execute the contract with the MA in the form presented at this
meeting.
SECTION 9) Appointment of Issuer Counsel. The Issuer hereby retains Arthur N.
Bagwell with Bagwell & Bagwell, of White Castle, Louisiana, as counsel to the Issuer in
connection with the Bonds.
SECTION 10) Declaration of Official Intent. Prior to the delivery of the Bonds, the
Issuer anticipates that it may pay a portion of the costs of the Project, not exceeding Two Million
Dollars ($2,000,000), from its General Fund or Sales Tax Fund. Upon the issuance of the Bonds,
the Issuer reasonably expects to reimburse any such expenditures of other available funds from a
portion of the proceeds of the Bonds. Any such allocation of proceeds of the Bonds for
reimbursement will be with respect to capital expenditures (as defined in Reg. 1.150-1(b)) and
will be made upon the delivery of the Bonds and not later than 18 months after the later of (i) the
date such expenditure was paid or (ii) the date on which the Project was placed in service and in
no event later than 3 years after the date on which the expenditure was paid. This Section is
intended to be a declaration of official intent within the meaning of Reg. 1.150-2.
The following resolution was duly adopted in regular session this 17th day of March,
2015 by the following vote on roll call:
YEAS: Taylor, Ourso, Scott, Reeves, Butler, Markins, Kelly, Vallet, Morgan.
NAYS: None.
ABSTAIN: None.
ABSENT: Jackson, Oubre, Bradford.
The resolution was declared adopted by the Chairman on the 17th day of March, 2015.
ADJOURNMENT
There being no further business, it was moved by Councilman Reeves, and seconded by
Councilman Taylor to adjourn at 6:55 p.m.
The motion was unanimously adopted.
/s/ KIRSHA D. BARKER
COUNCIL CLERK
/s/ MATTHEW H. JEWELL
COUNCIL CHAIRMAN