RESUMEHB808 552 4827
RÉSUMÉ DIGEST
ACT 363 (HB 808) 2015 Regular Session Barras
Existing law creates the Iberia Economic Development Authority as a body politic and
political subdivision of the state to promote, encourage, and participate in industrial
development. Provides that the district's boundaries are coterminous with those of Iberia
Parish and provides that the district is governed by a board of commissioners consisting of
five members.
Existing law provides for the powers and duties of the authority, including the following: to
sue and be sued, to adopt, use, and alter at will a corporate seal, to acquire property for the
establishment, maintenance, and operation of industrial parks, to receive any money,
property, aid, or assistance from the U.S. or the state or any political subdivision thereof, or
any person, firm, or corporation, to enter into contracts for the purchase, acquisition,
construction, maintenance, and improvement of works and facilities, to incur debt and to
issue general obligation bonds, revenue bonds, certificates, notes, and other evidences of
indebtedness and to levy and collect ad valorem taxes, to require and issue licenses with
respect to its properties and facilities, to regulate the imposition of fees and rentals for
facilities and services, and to appoint officers, agents, and employees, prescribe duties, and
fix compensation.
Prior law granted the authority the power to acquire property by means other than donation,
grant, purchase, or lease and the power to receive money or property by means other than
grant or donation. Additionally granted the authority the power to hold and use franchises.
New law removes prior law.
New law additionally authorizes the authority to grant rights-of-way to erect, construct, lay,
operate, and maintain utility systems and equipment for the purposes of providing utilities
to persons and entities located within its industrial parks and related facilities. Further
authorizes the authority to select utility service providers.
Prior law prohibited the board from disposing of property for less than the fair market value
without the prior approval of the Iberia Parish Council. New law prohibits any disposal of
property for less than fair market value.
Existing law requires a resolution or ordinance authorizing any disposition of property to set
forth, in a general way, the terms of the disposition. Requires that the resolution or ordinance
be published once in the official journal of the authority. New law modifies the deadline for
such publication.
New law provides that a proposed resolution or ordinance providing for the disposition of
property may be placed on the agenda of any board meeting and introduced by any board
member. Further requires that the title of a proposed resolution or ordinance be published
once in the official journal of the authority and requires that the notice indicate the time and
place where the board will consider its adoption. Prohibits a resolution or ordinance from
being adopted until a public hearing on it has been held and prohibits a resolution or
ordinance from being adopted at the meeting at which it is introduced.
Prior law provided that any interested person, within 30 days of publication in the official
journal, could contest the legality or validity of the disposition and after such time no person
had any cause of action to contest such legality or validity. New law removes prior law.
Effective August 1, 2015.
(Amends R.S. 33:130.765(A) and 130.766(A)(2)(b) and (3); Repeals R.S.
33:130.766(A)(2)(d))