ENROLLED Page 1 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. ACT No. 148 Regular Session, 2013 HOUSE BILL NO. 327 BY REPRESENTATIVE ARNOLD AN ACT1 To amend and reenact R.S. 33:2740.27(H), relative to Orleans Parish; to provide relative to2 the Algiers Development District; to provide relative to the powers and duties of the3 district and its governing board, including the district's power to act as a4 redevelopment authority; to provide relative to the redevelopment of certain property5 owned by the district; and to provide for related matters.6 Notice of intention to introduce this Act has been published7 as provided by Article III, Section 13 of the Constitution of8 Louisiana.9 Be it enacted by the Legislature of Louisiana:10 Section 1. R.S. 33:2740.27(H) is hereby amended and reenacted to read as follows:11 ยง2740.27. The Algiers Development District; creation, composition, and powers;12 levy of ad valorem taxes and issuance of bonds13 * * *14 H.(1) The district shall have the power to acquire, to lease, to insure, and to15 sell real or immovable property within its boundaries.16 (2)(a)(i) Notwithstanding any other provision of law to the contrary, with17 respect to any real or immovable property that is owned by the district and that either18 was formerly owned by the United States Department of the Navy and known as19 Federal City or is immediately contiguous thereto, the district may lease, insure,20 mortgage or hypothecate, donate, or sell such property or otherwise contract with21 ENROLLEDHB NO. 327 Page 2 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. respect to the management and development of such property in any reasonable1 manner it deems necessary to fulfill its mission as a redevelopment authority. In2 order to facilitate the redevelopment of Federal City property only, the district shall3 not be required to follow any other provision of law applicable to the sale, lease, or4 donation of property owned by a public body not otherwise governed by the5 constitution including the public lease law, R.S. 41:1211 et seq., and the public bid6 law, R.S. 38:2211 et seq., relative to the disposition of immovable property or for7 contracting with respect thereto and shall not be required to receive the approval of8 any other public entity or agency with respect to any action taken pursuant to this9 Paragraph to develop Federal City.10 (ii) Notwithstanding the provisions of Item (i) of this Subparagraph, with11 respect to the development of property pursuant to this Paragraph, the district shall12 be required to comply with all applicable zoning and permitting ordinances of the13 city of New Orleans.14 (iii) The contiguous property referred to in Item (i) of this Subparagraph15 refers only to property owned by the district on April 1, 2013.16 (b) The district may delegate its authority to make decisions necessary to17 carry out the provisions of this Paragraph to a committee composed in whole or in18 part of district board members; however, the district may reserve any authority it19 deems necessary.20 (c) The assets and income derived from the development of property21 pursuant to this Paragraph shall be used solely for the benefit of the district and all22 projects within the district, including the Federal City project. The development of23 property pursuant to this Paragraph shall be in accordance with a master plan24 approved by the district, the joint development committee for the Federal City25 project, the secretary of the Louisiana Department of Economic Development, and26 the commissioner of administration.27 * * *28 Section 2. This Act shall become effective upon signature by the governor or, if not29 signed by the governor, upon expiration of the time for bills to become law without signature30 ENROLLEDHB NO. 327 Page 3 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If1 vetoed by the governor and subsequently approved by the legislature, this Act shall become2 effective on the day following such approval.3 SPEAKER OF THE HOUSE OF REPRESENTATI VES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: