Last Modified: Monday, February 04, 2013 10:15 PM
Because of the long duration of negotiations over a development agreement between Lake Charles City Hall and Mardi Gras Boardwalk, discussions between the two parties are venturing towards the outright sale of nine-acres of land on the lakeshore in order to move the development proposal forward.
Local attorney Brian Abshire told the Downtown Development Authority Monday that a purchase agreement could be completed more quickly.
Last year the City Council approved a measure that would allow Mardi Gras Boardwalk time to “put the whole project together like getting condos purchased,” Abshire said.
Lots of legal paperwork has been completed, with some parts totaling 80 pages long, he said.
“And that has bogged down; there have been a lot of changes and amendments in the legal work,” Abshire said. “Rather than go through all of that, the idea is to go straight to the purchase agreement and deal with other issues after the purchase.”
Officials with Mardi Gras Boardwalk intend to pay more than $4 million for nine-acres of land along with the abandoned parking garage that sits on the property.
The company intends to build a multi-million dollar entertainment and residential complex on the land.
Posted By: Bill Spoon On: 2/6/2013
Title: Mistake of Galatic porportions
This is a HUGE mistake. We should never sell the property, we should lease it. It should always remain in the public trust. I know one of the members of this "Mardi Gras Boardwalk" group and he couldn't spell cat if you spotted him the "c" and the "t". And Randy Roach is a sorry excuse of an executive , because 30 years from now our kids will look at us from another state and ask us "What were you thinking?" and we can to the RR as our fearless leader during the development of this debacle. It would be a much better idea to establish an entertainment harbor district like they have in San Diego, Baltimore, and Corpus Christie. Those areas took their waterfront property and were very forward thinking in the approach. The Port of Lake Charles could partner with a group like Landry's and create a Kemah east, but that will never happen, because that would require transparency and the cronies would not get to partake in the booty. I guess that's why we celebrate contraband days, politicians acting like pirates make contraband day a year long festival of graft for the ruling class.
Posted By: Leonard Richard On: 2/5/2013
You brushed up lightly as to the Officials of the Mardi Gras Boardwalk. Who are these people? What Businesses do they represent? Do they have any affiliation with any local or state officals? If so, can this be considered an inside deal?