1 00:00:00,560 --> 00:00:08,420 All right. Call of meeting. I'll stand that clock over there. It's one minute slow. It's now 10 o'clock on the dot. 2 00:00:09,240 --> 00:00:12,120 Okay. Would everyone stand for the pledge of allegiance? 3 00:00:15,520 --> 00:00:23,500 Pledge of allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God. 4 00:00:36,430 --> 00:00:39,530 We're going to do the roll call. As soon as the secretary is up here, 5 00:00:42,750 --> 00:00:42,930 Greg, 6 00:00:45,250 --> 00:00:45,850 roll call. 7 00:00:45,850 --> 00:00:46,530 to 8 00:00:54,440 --> 00:00:57,720 carry here Michael Schnell here Greg 9 00:01:01,520 --> 00:01:05,100 Marsiglia present Randy Noel here Debra 10 00:01:05,100 --> 00:01:15,000 Satune here Roy Karuba here Kerwin King absent David Martin present we have a 11 00:01:15,000 --> 00:01:23,340 quorum do we have a motion to adopt the agenda motion second motion by Karuba 12 00:01:23,340 --> 00:01:31,940 second by our most severe all in favor aye any nays motion pass now I need a 13 00:01:31,940 --> 00:01:36,400 motion for prove the minutes of the void meaning that was held July 17th wait 14 00:01:36,400 --> 00:01:38,220 oh at 15 00:01:40,810 --> 00:01:45,230 that point okay all right I won't make an announcement we're gonna need to 16 00:01:46,190 --> 00:01:51,250 take some things out of order the executive session I need a motion to 17 00:01:51,250 --> 00:02:02,030 remove that to the end of the agenda. Motion. Second. All in favor? Aye. Any opposed? Thank 18 00:02:02,030 --> 00:02:07,310 you, Mr. Ruby, for reminding me. So, now we need the motion for the minutes of the 19 00:02:07,310 --> 00:02:14,790 Boyd meeting held July 17th. Motion. Second. Motion, Caruba, second, Moxiglia, all in 20 00:02:14,790 --> 00:02:20,730 favor? Aye. Any nays? I abstain, as I was not present. Okay. 21 00:02:24,120 --> 00:02:25,100 Did we move the 22 00:02:25,100 --> 00:02:30,260 Executive Session, where did we move it to? To the end of the year, before the 23 00:02:30,260 --> 00:02:35,920 adjournment. But isn't one of the resolutions dependent on that? No, not 24 00:02:35,920 --> 00:02:36,300 right now. 25 00:02:40,020 --> 00:02:44,320 It's just I didn't want, we may be in there for a while, and I didn't 26 00:02:44,320 --> 00:02:50,200 want all these people sitting in here. Okay, so we're gonna do the A2, we have 27 00:02:50,200 --> 00:02:52,480 move that one as well. 28 00:03:00,900 --> 00:03:03,940 That's all going to be in we're going to move that all to 29 00:03:03,940 --> 00:03:04,320 the back. 30 00:03:10,700 --> 00:03:12,740 So we're 31 00:03:15,210 --> 00:03:16,270 moving it where now Matt? 32 00:03:16,270 --> 00:03:21,510 You're going to move it to a funder between one and two new businesses right above it. 33 00:03:22,210 --> 00:03:24,010 It's right before administration. 34 00:03:25,910 --> 00:03:27,950 This one we're going to move to right here. 35 00:03:28,170 --> 00:03:31,490 Yeah, what we're going to do is we're going to move the executive session to before that. 36 00:03:32,250 --> 00:03:32,610 Okay. 37 00:03:33,610 --> 00:03:34,210 All right. 38 00:03:34,310 --> 00:03:41,110 So we're going to move the executive session before a actually after a one and before a two. 39 00:03:41,330 --> 00:03:44,870 Is that right before a one just do the do the two of them together. 40 00:03:44,870 --> 00:04:03,890 Okay. All right. Good. Good. Good. So be right there will be right before a one. Okay. You know the motion. The emotion for that. Motion. Second. Motion by Krueger second by Mr. Noel. All in favor. Hi, nice. Okay. Motion passed. 41 00:04:08,350 --> 00:04:16,650 Okay. Next is opening comments by president and commissioners. I don't have anything as anybody commission. We'd like to say anything. 42 00:04:17,410 --> 00:04:18,770 I would for one minute. 43 00:04:18,990 --> 00:04:22,270 Pete, I want to congratulate you on becoming president. 44 00:04:23,990 --> 00:04:29,110 And as the outgoing president, I lend my hand to anything you may need me to do to assist you. 45 00:04:30,990 --> 00:04:32,190 I appreciate that. 46 00:04:32,630 --> 00:04:35,770 And I commend you for your efforts for what, 10 months do you wear? 47 00:04:36,270 --> 00:04:36,510 Nine. 48 00:04:36,810 --> 00:04:37,390 Nine months. 49 00:04:37,910 --> 00:04:40,530 But I appreciate that role. 50 00:04:40,650 --> 00:04:40,990 I really do. 51 00:04:41,370 --> 00:04:41,910 Anyone else? 52 00:04:45,280 --> 00:04:45,400 Okay. 53 00:04:45,400 --> 00:04:51,760 I just want to say it was very nice to see some of the previous commissioners come to 54 00:04:52,400 --> 00:04:59,000 the recent Senate and House Transportation meeting on our organization and it just shows 55 00:04:59,000 --> 00:05:00,420 you how dedicated they are. 56 00:05:01,520 --> 00:05:03,700 And I think two of them are sitting here today. 57 00:05:04,260 --> 00:05:04,480 Okay. 58 00:05:04,960 --> 00:05:05,520 Thank you. 59 00:05:07,000 --> 00:05:07,780 No one else? 60 00:05:09,280 --> 00:05:09,520 Okay. 61 00:05:09,640 --> 00:05:10,800 And that's just public comments. 62 00:05:11,280 --> 00:05:12,280 I don't have any cards. 63 00:05:12,880 --> 00:05:14,740 No one wants to say anything. 64 00:05:15,160 --> 00:05:15,940 Okay, great. 65 00:05:18,140 --> 00:05:19,220 All right. 66 00:05:19,260 --> 00:05:22,040 Next is a presentation from Louis Capo. 67 00:05:22,220 --> 00:05:23,320 I hope I said it right. 68 00:05:24,620 --> 00:05:25,900 Come on up to the podium. 69 00:05:26,340 --> 00:05:27,560 Is that microphone on? 70 00:05:28,240 --> 00:05:29,480 Yes, it should be on. 71 00:05:30,300 --> 00:05:30,700 Thank you. 72 00:05:31,420 --> 00:05:32,740 Good morning, commissioners. 73 00:05:34,360 --> 00:05:35,880 My name is Louis Capo. 74 00:05:35,960 --> 00:05:38,460 I'm the executive director for the 75 00:05:38,460 --> 00:05:39,920 Lakefront Management Authority. 76 00:05:39,920 --> 00:05:43,880 And just a little bit of background on myself. 77 00:05:49,220 --> 00:05:53,720 I'm a certified fraud examiner and a certified internal auditor. 78 00:05:54,540 --> 00:05:58,160 I started with the Orleans Levy District in 1996. 79 00:05:59,060 --> 00:06:04,360 I was hired as their internal auditor and I was their first internal auditor. 80 00:06:04,560 --> 00:06:10,500 I helped set up the internal audit function and I remained in that position until the 81 00:06:10,500 --> 00:06:19,080 January of 2006. The then managing director Max Herron was retiring and the 82 00:06:19,080 --> 00:06:25,260 outgoing board of the Orleans Levy District appointed me as the director 83 00:06:25,260 --> 00:06:35,630 of real estate and non-floods. I remained in that position through the 84 00:06:35,630 --> 00:06:40,890 remainder of that board. I was asked by the division of administration for 85 00:06:40,890 --> 00:06:46,830 the state to continue on in my capacity as the executive director, I did. 86 00:06:47,670 --> 00:06:51,090 That ran from 2007 and 2010. 87 00:06:52,030 --> 00:07:00,210 The voters of Orleans Parish in 2006 voted to strip the Orleans levy dish of what's 88 00:07:00,210 --> 00:07:01,830 known as non-flood assets. 89 00:07:03,110 --> 00:07:04,810 And that's what we manage. 90 00:07:04,810 --> 00:07:16,790 And 2010, Senator JP Morel put forth legislation to create a non-flood protection asset management 91 00:07:16,790 --> 00:07:23,610 board that was going to bring those assets under the control of the Division of Administration, 92 00:07:24,150 --> 00:07:31,030 move them back to local control. And that's who we are today. That is this entity, the LMA. 93 00:07:31,030 --> 00:07:37,570 We've changed our name in 2019 from the non-flood protection asset management authority, which 94 00:07:37,570 --> 00:07:42,350 no one could say or no one knew what we did or who we were to the lakefront management 95 00:07:42,350 --> 00:07:42,870 authority. 96 00:07:44,930 --> 00:07:51,370 I remained as the executive director for LMA until the end of 2014. 97 00:07:52,710 --> 00:07:59,730 I rejoined SEPLOM in late 2014 as the internal auditor again. 98 00:07:59,730 --> 00:08:10,650 I remained in that position from 2014 to late 2018 when I went back as the Executive Director 99 00:08:10,650 --> 00:08:12,450 for the Lakefront Management Authority. 100 00:08:13,350 --> 00:08:19,470 So I've been around these assets for the last almost 30 years, either with LMA, OLD, or 101 00:08:19,470 --> 00:08:19,910 CELFLA. 102 00:08:20,030 --> 00:08:23,250 So quite versed in what we have here. 103 00:08:26,130 --> 00:08:27,890 Who is the Lakefront Management Authority? 104 00:08:27,890 --> 00:08:32,350 Again, we were created in 2010 by Statue. 105 00:08:32,670 --> 00:08:37,170 We are a political subdivision, just like CEPHLE, a political subdivision. 106 00:08:38,920 --> 00:08:41,770 Our board is comprised of 17 members. 107 00:08:42,930 --> 00:08:48,130 They are appointed by, we have two members appointed by Congressman Carter from the 108 00:08:48,130 --> 00:08:48,710 first district. 109 00:08:49,490 --> 00:08:54,170 We have state legislators, state representatives, the mayor of New Orleans. 110 00:08:55,750 --> 00:09:03,070 We have council members, the lakefront HOA, the present four presidents get to pick two 111 00:09:03,070 --> 00:09:03,410 people. 112 00:09:04,750 --> 00:09:06,950 The LADOTD has an appointment to our board. 113 00:09:07,490 --> 00:09:09,250 City Park has an appointment to our board. 114 00:09:09,790 --> 00:09:12,450 Poch Strain Conservancy has an appointment to our board. 115 00:09:13,090 --> 00:09:17,030 And lastly, this authority has an appointment to our board. 116 00:09:17,530 --> 00:09:21,670 We currently have Stanley Kahn, who is the appointment of this board. 117 00:09:22,450 --> 00:09:30,630 Stanley was appointed by Clay Kosei, so back in 23, like that. 118 00:09:31,130 --> 00:09:38,270 But Stanley Kahn is the appointment from the Flood Authority to the Lakefront Management Board. 119 00:09:38,830 --> 00:09:41,830 We operate just like you all. We have seven standing committees. 120 00:09:42,450 --> 00:09:49,150 We have one board meeting each month, and we have approximately 46 employees. 121 00:09:51,960 --> 00:09:52,900 What do we do? 122 00:09:52,900 --> 00:10:01,440 We manage, the LMA manages the, has management and control over the non-flood assets of the Arlene's Levy District. 123 00:10:02,120 --> 00:10:07,700 Just like you all manage, the CEPLA manages the flood assets of the Arlene's Levy District. 124 00:10:08,580 --> 00:10:12,060 I know there's some confusion on who owns the assets. 125 00:10:12,900 --> 00:10:17,500 The LMA, nor does CEPLA own those assets, is still owned by the Arlene's Levy District. 126 00:10:17,500 --> 00:10:24,480 What was abolished in 2006 was the Board of Commissioners of those three entities. 127 00:10:24,960 --> 00:10:28,700 The Board of Commissioners of L.D., East Jeff, and Lake Bourne. 128 00:10:29,100 --> 00:10:33,720 And this board here was put in place, say a Super Board over those three entities. 129 00:10:35,840 --> 00:10:40,420 How we manage the different assets, I have copies here of the MOU. 130 00:10:41,040 --> 00:10:43,960 We're on our third MOU with the Flood Authority. 131 00:10:43,960 --> 00:10:48,140 The first one ran from 2007 to 2018. 132 00:10:48,940 --> 00:10:55,860 The 2007 MOU Memorandum of Understanding was amended in 2011. 133 00:10:56,700 --> 00:11:04,780 When we split in 2007, the OLD police were under the control of the LMA. 134 00:11:05,800 --> 00:11:11,220 In 2011, we could no longer afford paying the OLD PD. 135 00:11:11,220 --> 00:11:19,600 We worked with civil service and we transferred all the police functions back over to the 136 00:11:19,600 --> 00:11:20,360 flood authority. 137 00:11:21,560 --> 00:11:28,820 And that is governed by the MOU in 2007, amended in 2011. 138 00:11:29,580 --> 00:11:32,540 We redid another MOU in 2018. 139 00:11:33,660 --> 00:11:36,060 That's where you may hear us talk about the insurance. 140 00:11:36,940 --> 00:11:46,720 When we split again in 2007, all those assets were considered non-flood were transferred to the books of the LMA. 141 00:11:48,060 --> 00:11:59,560 In 2018, there was an idea that we can get a better rate on the insurance if we let the OLD buy the insurance 142 00:11:59,560 --> 00:12:02,820 and the LMA in our tenants would reimburse you all. 143 00:12:02,820 --> 00:12:07,820 So that's how the insurance has come under FPA now. 144 00:12:08,360 --> 00:12:15,840 In 2018, the properties were transferred back onto the books of the OLD. 145 00:12:16,700 --> 00:12:22,460 Somewhere around $150 million of property was put back on the books of the OLD. 146 00:12:24,780 --> 00:12:35,080 2023, we revised and redid the 2018 MOU, which I thought was a good MOU, and it gave us a 147 00:12:35,080 --> 00:12:35,840 little bit of revenue. 148 00:12:35,940 --> 00:12:37,840 I thought we were going to get more from Bohemia. 149 00:12:38,620 --> 00:12:44,700 Y'all allow Bohemia to be transferred or considered as a non-flood asset, and the 150 00:12:44,700 --> 00:12:47,460 revenues from the oil and gas would come to the LMA. 151 00:12:49,900 --> 00:12:55,440 Just to give you a little flavor of what we maintain, I have a couple of slides here, 152 00:12:55,900 --> 00:12:58,600 and then I'll go into a little bit of our budget. 153 00:13:01,520 --> 00:13:04,240 Our areas, it's all part of the reclamation zone. 154 00:13:05,120 --> 00:13:06,860 This was back in the 1930s. 155 00:13:06,900 --> 00:13:10,680 There were five reclamation zones that the state legislature approved. 156 00:13:10,680 --> 00:13:18,100 and each one of these sections here all the way to what is it by 510 Paris Road 157 00:13:18,700 --> 00:13:23,220 that's all part of the reclamation zone. The airport is in a reclamation 158 00:13:23,860 --> 00:13:29,260 zone 4, but it runs from West End all the way to 159 00:13:29,260 --> 00:13:35,620 Assasio Harbor. Here's a list of what both parties have considered to be 160 00:13:35,620 --> 00:13:39,980 non-flood assets and this is what these are the areas that we manage the 161 00:13:39,980 --> 00:13:45,080 Arlene's marina, the boat houses, the new basin canal properties, the Lake Vista 162 00:13:45,080 --> 00:13:48,200 Community Center, the Lake Front Airport, South Shore Harbor, the Mardi Gras 163 00:13:48,200 --> 00:13:53,460 Fountain, Seabrook Boat Launch, and Frank Davis Pier, four subdivisions. One 164 00:13:53,460 --> 00:13:58,440 thing the Levy District did, they created those four subdivisions. They kept 165 00:13:58,440 --> 00:14:05,220 control of the interior parks and they mandated that the OLD was still 166 00:14:05,220 --> 00:14:09,940 going to review building restrictions, building plans for compliance with lot 167 00:14:09,940 --> 00:14:14,360 coverages and height and things that's so in setbacks. We still have to do that 168 00:14:14,360 --> 00:14:19,860 and that's that's on the LMA and then we have the former neighbor reserves facility 169 00:14:19,860 --> 00:14:27,200 and all of Lakeshore Drive. Certain parts of Lakeshore Drive are managed 170 00:14:27,200 --> 00:14:30,940 differently the lights and all I believe are in the MOU this can be 171 00:14:30,940 --> 00:14:38,420 repaired and replaced by Seffler or OLD. The Orleans verinas, two verinas on the 172 00:14:38,420 --> 00:14:43,640 west end, you have an outer harbor and you have an inner harbor. Orleans verina is 173 00:14:43,640 --> 00:14:50,000 the inner harbor. Orleans verina was built by the city of New Orleans and it 174 00:14:50,000 --> 00:14:59,960 was transferred to the Orleans levy district in late 1959, early 1960s. So 175 00:15:03,760 --> 00:15:08,120 And we still have that. And we have a ring of boat houses along there. 176 00:15:10,230 --> 00:15:11,790 And that's the closer 177 00:15:11,790 --> 00:15:17,830 up of the Orleans marina. When it was built and things of that sort. We've got 45 boat 178 00:15:17,830 --> 00:15:24,210 houses. The New Basin canal properties. You may have passed along Lakeshore Drive from 179 00:15:24,210 --> 00:15:29,430 the new lighthouse all the way around that canal all the way up to the southern Yacht 180 00:15:29,430 --> 00:15:32,130 Harbor, that is owned by the Orleans Levy District. 181 00:15:32,550 --> 00:15:34,130 That's properties that we manage. 182 00:15:35,130 --> 00:15:39,110 I think we have two that are not land and water bottom leases. 183 00:15:39,730 --> 00:15:42,730 We lease land and water bottoms to the Blue Crab, the 184 00:15:42,730 --> 00:15:44,170 Felix, the Landrys. 185 00:15:44,510 --> 00:15:46,690 All that is water bottom leases, the condos. 186 00:15:47,370 --> 00:15:48,530 That's all owned. 187 00:15:48,830 --> 00:15:50,570 The ground and water bottoms are owned by the 188 00:15:50,570 --> 00:15:51,510 Orleans Levy District. 189 00:15:55,040 --> 00:15:59,280 The New Basin Canal green space, from the fallout 190 00:15:59,280 --> 00:16:04,600 shelter on Poncha Train in West End all the way to Veterans. That green space in the middle 191 00:16:04,600 --> 00:16:13,020 is owned by the Arlene's Levy District. That was through years of land swaps. The new 192 00:16:13,020 --> 00:16:20,280 canal company I think got Lincoln Beach, DOTD, and the net company transferred this property 193 00:16:20,280 --> 00:16:22,420 to the Arlene's Levy District through the years. 194 00:16:25,100 --> 00:16:28,240 The new canal received Lincoln Beach 195 00:16:28,240 --> 00:16:33,100 and we received in the new basin canal. We maintain all that grass, the trees, 196 00:16:33,360 --> 00:16:37,840 everything along that way, the lighting path. The new the Lake Vista community 197 00:16:37,840 --> 00:16:42,980 center. This is a 16-unit office building inside of Lake Vista. We maintained 198 00:16:42,980 --> 00:16:48,620 this building. We just finished the last portion of the roof, but there's a 199 00:16:48,620 --> 00:16:54,460 16-unit office building that was built in the 1940s. It's kind of hidden 200 00:16:54,460 --> 00:17:01,680 the way and it's easy to get to. We let the state use it for early voting. We're trying 201 00:17:01,680 --> 00:17:07,920 to get some money. We're talking with Verizon, possibly putting a tower in that vicinity 202 00:17:07,920 --> 00:17:14,460 around the community center to increase our rents a little closer up of it. 203 00:17:15,240 --> 00:17:19,380 The next one is I guess the crown jewel of the LMA is the late front airport. 204 00:17:23,160 --> 00:17:25,120 This was 205 00:17:25,120 --> 00:17:30,780 major reliever airport for the state of Louisiana. I want to say it's the second 206 00:17:30,780 --> 00:17:39,160 busiest airport in the state with operations. For the Super Bowl, I mean we 207 00:17:39,160 --> 00:17:43,680 have close to 600 planes on the ground for the Super Bowl. It is very very 208 00:17:43,680 --> 00:17:53,240 instrumental to the city and to the area. One thing, the major problem with 209 00:17:53,240 --> 00:17:59,860 the lakefront airport is that there is no flood protection and in my 28 years here 210 00:17:59,860 --> 00:18:06,260 those FBOs have flooded four times meaning each time there's a flood on 211 00:18:06,260 --> 00:18:10,500 average about every five years they're gonna have to redo the interior of 212 00:18:10,500 --> 00:18:18,000 those FBOs and that's getting really old and it's almost unacceptable. Lewis I 213 00:18:18,000 --> 00:18:20,000 I want to make a comment about the airport. 214 00:18:20,500 --> 00:18:26,220 So I've flown into private airports all over this country and I can tell you that this 215 00:18:26,220 --> 00:18:32,680 is one of the most unique and beautiful airports, not the least of which is landing and taking 216 00:18:32,680 --> 00:18:37,720 off over water, which is beautiful day and night, but it also has a terminal building 217 00:18:38,420 --> 00:18:42,060 with an architectural element that I haven't seen anywhere else in the country and I've 218 00:18:42,060 --> 00:18:43,420 flown my plane all over the place. 219 00:18:43,420 --> 00:18:49,540 So, it truly is an asset and a gem and it's to your point about the lack of flood protection. 220 00:18:49,700 --> 00:18:53,780 I've witnessed those FBOs and I've had to get my airplane out of there when flood events 221 00:18:53,780 --> 00:18:54,220 were coming. 222 00:18:55,300 --> 00:19:01,480 Yeah, it's truly a disappointment and really it's a hindrance to any kind of new development 223 00:19:01,480 --> 00:19:05,480 out there because no one's going to build anything out there knowing that we don't 224 00:19:05,480 --> 00:19:07,100 have flood protection and we're going to get flooded. 225 00:19:08,460 --> 00:19:15,700 They've had some pretty in an opportune times. In 2012, Leifernab would flooded Hurricane 226 00:19:15,700 --> 00:19:26,700 Isaac and over for the 2013 Super Bowl. So the FBO is operating out of a trailer. So it's really 227 00:19:26,700 --> 00:19:32,540 not a good look. We're trying to get flood protection. There is a major pump station 228 00:19:32,540 --> 00:19:38,900 that's going on out there, the FAA is funding that. The FAA, I hate to say it this way, but the FAA 229 00:19:38,900 --> 00:19:45,060 doesn't really concern themselves with the buildings. They concern with the runway. And the further you 230 00:19:45,060 --> 00:19:50,440 get from that center line of the runway, the less the FAA is going to participate. And as far as 231 00:19:50,440 --> 00:19:57,440 buildings, they don't really participate in the maintaining or funding for buildings. And so 232 00:19:57,440 --> 00:20:03,500 So, they will fund the pump station thinking that it's going to flood the runway. 233 00:20:04,460 --> 00:20:08,660 And we've done, I know, the FPA has done some analysis, I think when the lake gets up to 234 00:20:08,660 --> 00:20:13,640 about 4.4 in elevation, we start seeing water come onto the airport. 235 00:20:14,060 --> 00:20:16,120 Well, the terminal, I agree with Roy. 236 00:20:16,980 --> 00:20:21,240 We have a plane also, and we've flown in to there many times, and that terminal is 237 00:20:21,240 --> 00:20:21,980 just so unique. 238 00:20:22,200 --> 00:20:23,740 No other airport has that. 239 00:20:24,100 --> 00:20:24,280 Yeah. 240 00:20:24,280 --> 00:20:31,340 We go on the airports where maybe just a little metal building or millionaires there, but that doesn't have the architecture 241 00:20:31,340 --> 00:20:34,380 We need to do what I would can to save that this this 242 00:20:34,380 --> 00:20:37,960 Yeah, if there was any good that came out of Katrina 243 00:20:37,960 --> 00:20:45,580 That was the restoration and the return to this airport to its heyday of the 1930s. I've been to 244 00:20:46,120 --> 00:20:52,360 two parties there y'all actually have parties at an evening there for birthdays or whatever it was and 245 00:20:53,580 --> 00:21:00,540 It's a beautiful building. Yes. Yeah, it is. Yeah, prior to Katrina, they only had four windows in that building because I worked out in that building for years. 246 00:21:00,580 --> 00:21:08,280 Oh, really? Those four windows. Now we've got 144 windows. All the concrete panels on the outside have come down, murals, everything has been exposed again. 247 00:21:08,700 --> 00:21:12,000 It's really a beautiful building. Go ahead, continue. 248 00:21:13,260 --> 00:21:16,380 That's a shot of the restored building at night. It's really beautiful. 249 00:21:16,380 --> 00:21:21,040 In the day, there's some pictures of the murals. 250 00:21:21,740 --> 00:21:22,320 South Shore Harbor. 251 00:21:22,520 --> 00:21:24,640 South Shore Harbor has always been a challenge for us. 252 00:21:25,680 --> 00:21:32,640 When Valleys, Louis Roussel in 1993, on the Star Casino, and that was the spot for the 253 00:21:32,640 --> 00:21:41,280 first riverboat in the state of Louisiana, South Shore Harbor was developed in 1984-1986 254 00:21:42,180 --> 00:21:54,760 And it was going to be models similar to Marina del Rey, that North Peninsula was going to have a continuation of the covered boat slips and boat houses on it. 255 00:21:55,340 --> 00:21:59,440 Once the casino came in, they don't like any type of competition. 256 00:22:00,600 --> 00:22:10,380 And valleys and through the years, valleys at the end, they were paying the Orleans Levy District 4.5 million a year for every piece of land that was out there. 257 00:22:10,840 --> 00:22:12,540 So nothing else was developed. 258 00:22:13,280 --> 00:22:18,360 Valleys pulled out in December of 2005 and how we knew that because we had the bridge 259 00:22:18,360 --> 00:22:21,280 tenders and they had to open the bridge for the boat to leave. 260 00:22:21,980 --> 00:22:24,320 And so they called and said, hey, the boat's leaving. 261 00:22:24,920 --> 00:22:27,740 And so the Valleys pulled out. 262 00:22:28,280 --> 00:22:30,140 It's not going to return to this area. 263 00:22:30,520 --> 00:22:33,220 It was lasted with the 15th or 16th license. 264 00:22:34,840 --> 00:22:36,500 All we know has always been a struggle. 265 00:22:36,500 --> 00:22:39,960 I hate to say it this way, but it's the truth. 266 00:22:40,540 --> 00:22:43,220 People don't want to come, or they consider this to be in the east. 267 00:22:43,520 --> 00:22:44,820 They don't want to come to the east. 268 00:22:45,400 --> 00:22:50,580 We try hard to quash that stereotype. 269 00:22:51,220 --> 00:22:52,300 It's a safe location. 270 00:22:53,260 --> 00:22:57,740 Mr. Henry Cokeson is redeveloping the blue building there. 271 00:22:58,180 --> 00:23:02,820 He's going to open up a barn grill on the outside, 272 00:23:02,820 --> 00:23:09,320 and he's doing a white linen tablecloth on the inside, so that is well underway. 273 00:23:09,580 --> 00:23:14,320 He should have that opened by the end of this year. We tried to go off release in 274 00:23:14,320 --> 00:23:20,980 2014 with Roland von Karnachowski with Tepetinas. They leased him all the land 275 00:23:20,980 --> 00:23:27,000 out there and we know what happened with that. But we're back, we're trying 276 00:23:27,000 --> 00:23:32,220 to, we had the marina consultant come in, expert in marinas. They suggested 277 00:23:32,220 --> 00:23:38,580 that we consolidate all the slips, all the boats to piers 5, 6, 7, and 8 so we 278 00:23:38,580 --> 00:23:43,440 don't have to maintain the entire marina and that's what we're doing. Last year, 279 00:23:44,080 --> 00:23:48,780 or this July I should say, was the first year that we raised rates at either 280 00:23:48,780 --> 00:23:54,020 marina in 10 years and the tennis were still up in arms over that. We went up 281 00:23:54,020 --> 00:24:04,080 15% what is the rate I think above a four something for an 85 or 525 for a 30 282 00:24:04,080 --> 00:24:09,220 foot slip and it's water per quarter and that's per quarter but it's that's water 283 00:24:09,220 --> 00:24:14,560 in electric hookups no just water just water yeah we both the rain is you have 284 00:24:14,560 --> 00:24:19,060 to you have to contract with energy they'll put a meter in for you you can 285 00:24:19,060 --> 00:24:23,000 get you can get power you can get your power we provide water but you have to 286 00:24:23,000 --> 00:24:27,880 get your own electric. I know at municipal, they do a pro-rated share. They don't have 287 00:24:27,880 --> 00:24:36,060 each slip does not have a individual meter. We don't, we have an individual meter and 288 00:24:36,060 --> 00:24:37,580 we allow the tenants to go and get that. 289 00:24:40,820 --> 00:24:43,640 And as I talked about the four lakefront subdivisions, 290 00:24:44,460 --> 00:24:48,060 those are the two, the yellow and the green dots, those are the two interior parks 291 00:24:48,060 --> 00:24:52,320 that we have to maintain. We maintain the trees, the grass, everything in there. 292 00:24:54,360 --> 00:24:55,860 And any home 293 00:24:55,860 --> 00:25:03,120 in that this is Lake Shore come to us with building restrictions. And we review them 294 00:25:03,120 --> 00:25:12,380 for compliance. We do not have a mechanism for a variance. If the homeowner wants to take it 295 00:25:12,380 --> 00:25:18,100 down to the BZA, we go and fight against a variance against our building restrictions 296 00:25:19,020 --> 00:25:24,820 because they've been in place now since the 1940s, especially Lake Shore and Lake Bista, 297 00:25:25,180 --> 00:25:31,140 and we maintain the rights to our building restrictions. And the only way that a subdivision 298 00:25:31,140 --> 00:25:36,900 can modify, change their building restrictions is if they have a supermajority of the 299 00:25:36,900 --> 00:25:40,160 residents change the building restrictions. And that has not happened. 300 00:25:42,560 --> 00:25:42,960 Those that 301 00:25:42,960 --> 00:25:49,060 for subdivisions like as you come east you can have Lake Vista, Lake Vista you 302 00:25:49,060 --> 00:25:52,620 can see that where the two circles two cul-de-sacs you have same piles of one 303 00:25:52,620 --> 00:25:53,980 side and a method is on the other. 304 00:25:56,000 --> 00:25:59,000 That's Lake Vista, Lake Terrace as we come further 305 00:25:59,000 --> 00:26:09,240 this way. It's bound by the lakefront or the FPA's warehouse in UNO and Lake 306 00:26:09,240 --> 00:26:13,300 Oaks. I'm sorry, Lake Oaks is bound by the FPA. 307 00:26:15,900 --> 00:26:18,220 And then we had the teardrop shape on 308 00:26:18,220 --> 00:26:23,680 Lake Shore Drive. That was the former Naval Reserve facility. We tried to go out with RFP 309 00:26:23,680 --> 00:26:30,640 on that. We've gotten no takers. It's outside of flood protection, and it has so many restrictions 310 00:26:30,640 --> 00:26:37,060 on, even though it's 12.6 acres, I believe it's only maybe two acres of that is buildable 311 00:26:37,060 --> 00:26:40,840 or usable because of the proximity to the levee 312 00:26:40,840 --> 00:26:43,620 and you have to be, I think, 300 feet off the seawall 313 00:26:44,220 --> 00:26:46,180 before you can actually build anything. 314 00:26:46,360 --> 00:26:47,520 So there's a lot of restrictions. 315 00:26:48,020 --> 00:26:48,820 Where is that at? 316 00:26:49,260 --> 00:26:50,700 That's over there by, oh, I'm sorry. 317 00:26:50,800 --> 00:26:51,400 I don't have it up there. 318 00:26:51,440 --> 00:26:51,840 There it is. 319 00:26:52,400 --> 00:26:56,460 It's by the Seabrook Boat Launch in that vicinity. 320 00:26:56,960 --> 00:26:58,480 What, a yellow pin is that on there? 321 00:26:58,480 --> 00:27:01,620 Yes, it's a 12-acre site. 322 00:27:05,420 --> 00:27:08,240 Mardi Gras Fountain is a well-known landmark 323 00:27:08,240 --> 00:27:09,000 here in the city. 324 00:27:09,000 --> 00:27:12,000 if you pass out there after dark the lights all working. 325 00:27:14,140 --> 00:27:15,540 This was restored in 326 00:27:15,540 --> 00:27:21,040 May of 2005. Katrina came along and destroyed it three months later. 327 00:27:24,090 --> 00:27:24,650 That's 328 00:27:24,650 --> 00:27:27,510 just a little bit about the properties and the Mardi Gras found in 329 00:27:27,510 --> 00:27:32,990 rededication ceremonies. The Tadiki Bridge and Frank Davis fishing 330 00:27:32,990 --> 00:27:38,090 pier, that's under the bridge. We have applied for state capital 331 00:27:38,090 --> 00:27:45,430 outlay for the Seabrook boat launch. That is the only boat launch on the south side of south east 332 00:27:45,430 --> 00:27:54,170 side of Lake Pondstrain. We do have monies in priority two and priority five. We're in design 333 00:27:54,170 --> 00:28:02,490 phase with redesigning the Seabrook boat launch trying to get that back open for the public. 334 00:28:03,570 --> 00:28:06,590 We do have one back down that is open. 335 00:28:08,150 --> 00:28:09,550 I'll have one slides. 336 00:28:11,990 --> 00:28:15,910 Our budget for this year is approximately $9.3 million. 337 00:28:16,810 --> 00:28:20,570 We get approximately $6.9 million, $6.7 million, 338 00:28:20,750 --> 00:28:24,290 and self-revenue generating funds from the properties 339 00:28:24,290 --> 00:28:26,950 they throw off about roughly $7 million, say. 340 00:28:27,490 --> 00:28:30,650 The rest of the monies come from ad valorem tax. 341 00:28:31,650 --> 00:28:40,990 and the Orleans Lovey District, they collect three taxes, the constitutional, the maintenance and the slip fund. 342 00:28:41,670 --> 00:28:46,170 The slip fund is the only one that I want to reference here because that's where we get our money from. 343 00:28:46,830 --> 00:28:55,970 In 2012, when they went out for the renewal of the slip fund, which renewed in 2016, 344 00:28:57,650 --> 00:29:09,070 They put in a portion of the Avalorum tax, back then it was 0.61% mills, to go to the 345 00:29:09,070 --> 00:29:14,030 funding of Lake Shore Drive and the lakefront in the slip fund. 346 00:29:14,790 --> 00:29:16,350 So we're part of the slip fund. 347 00:29:17,730 --> 00:29:21,790 Your finance department collects that from the city of New Orleans and then remits that 348 00:29:21,790 --> 00:29:22,250 to us. 349 00:29:22,250 --> 00:29:30,850 Right now, with the rollback, we're getting, I believe, 0.4 non or 0.46, but that equates 350 00:29:30,850 --> 00:29:34,670 to about $2.4 million in Avalon tax, yes. 351 00:29:34,950 --> 00:29:42,310 Mr. Capo, does the City of New Orleans charge against the dedicated tax? 352 00:29:43,330 --> 00:29:44,510 It's my understanding they do. 353 00:29:44,770 --> 00:29:45,030 Yes. 354 00:29:45,790 --> 00:29:47,190 As a fee, they hold back. 355 00:29:47,690 --> 00:29:50,570 And as a certain amount, it's uncollectible on pro-protest. 356 00:29:52,400 --> 00:29:53,320 Sorry about the pro-protest. 357 00:29:53,320 --> 00:29:57,120 The people pay on the protest or are uncollectible 358 00:30:03,860 --> 00:30:13,140 I don't believe we have. I'm not familiar. That's a legal question, and I'm not up to speed 359 00:30:13,140 --> 00:30:20,120 on that. But that's where we get our monies from, those two revenue sources. And we do 360 00:30:20,120 --> 00:30:25,820 get a little bit of money from Bohemia. It's not turning out the oil I get used to, but 361 00:30:25,820 --> 00:30:30,000 But of course, we get it under our control, it sputters. 362 00:30:31,060 --> 00:30:33,800 But it all, operationally, we do fine. 363 00:30:34,100 --> 00:30:37,360 We can meet our operational goals. 364 00:30:38,180 --> 00:30:41,620 The problem we have is in the capital improvements. 365 00:30:43,000 --> 00:30:50,360 Our properties don't throw off enough revenue to have monies left over to put into capital 366 00:30:50,360 --> 00:30:50,940 improvements. 367 00:30:52,540 --> 00:30:58,980 I heard you all talk about the LAMP account before, you got a hundred and something million 368 00:30:58,980 --> 00:31:00,060 across the board. 369 00:31:00,640 --> 00:31:03,560 Y'all collect more in interest than we have in the bank in LAMP. 370 00:31:03,640 --> 00:31:04,920 We got a million dollars in LAMP. 371 00:31:05,100 --> 00:31:05,780 That's not much. 372 00:31:06,140 --> 00:31:10,820 We were one storm away from having some trouble with improvements. 373 00:31:12,080 --> 00:31:16,860 But our capital maintenance is very challenging for us. 374 00:31:18,780 --> 00:31:22,520 A lot of times what we have to do is work with our leasees. 375 00:31:23,020 --> 00:31:29,300 They need an extension or something, and they want to put improvements in. 376 00:31:29,380 --> 00:31:31,540 They'll put improvements in, and we give them an extension. 377 00:31:31,880 --> 00:31:33,860 Or we get a new tenant that comes out there. 378 00:31:34,400 --> 00:31:36,700 They want to build something, or anywhere they want to build. 379 00:31:37,200 --> 00:31:39,520 Well, we'll give them a rent credit against what they're going to build. 380 00:31:39,980 --> 00:31:41,400 They're going to put their money into it. 381 00:31:41,720 --> 00:31:42,700 They're going to spend the money. 382 00:31:43,040 --> 00:31:44,200 We'll give them some rent credits. 383 00:31:44,360 --> 00:31:45,500 We'll get the money over time. 384 00:31:46,220 --> 00:32:00,740 That's how we operate. But the major hurdle for us is capital investment. And that's where we have the biggest challenges that our capital project fund this year is way down with struggle. 385 00:32:02,020 --> 00:32:06,300 And that concludes what I have to say. Gentlemen, if you all have any questions. 386 00:32:09,300 --> 00:32:15,560 When two questions of Lewis one is Lincoln Beach. We do you still know we have nothing 387 00:32:15,560 --> 00:32:22,000 to do with what transferred that over to that transfer years ago to the DOTD or to the city 388 00:32:22,000 --> 00:32:26,340 to the city the city has because I mean there's some thinking about redevelopment and I didn't 389 00:32:26,340 --> 00:32:30,340 whether we were involved with that or not. Okay, thanks. We sit on the committee myself 390 00:32:30,340 --> 00:32:34,560 and Bruce Martin because of the proximity where we are to Lincoln Beach, but Arlene's 391 00:32:34,560 --> 00:32:38,020 Levy District owned it years ago and then transferred and swapped it out to the city. 392 00:32:38,800 --> 00:32:48,680 And us tell the new folks about your leases where people live on West End and the problem 393 00:32:48,680 --> 00:32:52,660 was the boat houses over at the harbor with the fire protection. 394 00:32:53,880 --> 00:32:57,460 The fire protection, a year ago, we had some challenges with that. 395 00:32:58,100 --> 00:33:05,520 We had a tenant that was not even in the covered boat slips who basically raised 396 00:33:05,520 --> 00:33:08,900 enough issues to where a state fire marshal came out and they had some issues. 397 00:33:09,260 --> 00:33:12,900 We had to put in a new fire suppression system for over a million dollars. 398 00:33:15,100 --> 00:33:16,500 So you did put it in? 399 00:33:16,740 --> 00:33:17,560 We did put it in. 400 00:33:17,660 --> 00:33:17,740 Yes. 401 00:33:17,920 --> 00:33:19,040 It's a dry system now. 402 00:33:19,100 --> 00:33:25,120 And then we land leased the buildings over by the other marina, right? 403 00:33:25,120 --> 00:33:31,920 They came in a long ago ahead of the boat houses over there. The boat house over there. That's all water bottoms in land 404 00:33:31,920 --> 00:33:34,940 Yes, the tenants own those boat houses 405 00:33:34,940 --> 00:33:39,200 We we don't want to be in the property in the sense of the structure owning 406 00:33:39,200 --> 00:33:44,020 We want to be in land and water-bottom business and we renegotiated those leases 407 00:33:44,660 --> 00:33:49,580 Last year year before last. Yes, those folks. They got an extension to 20 69 408 00:33:50,660 --> 00:33:54,260 And we reduced anytime. We had a transfer yesterday of a boat house 409 00:33:55,460 --> 00:33:58,300 Any time the old rate was 8%. 410 00:33:58,300 --> 00:34:03,400 You transfer and you sell your boat else to 200,000, it was 8%, we got 16,000. 411 00:34:04,000 --> 00:34:09,580 In order for that, there was some conditions that were placed on them as far as getting 412 00:34:09,580 --> 00:34:10,560 a lease extension. 413 00:34:10,760 --> 00:34:15,460 Their leases were coming up in 10 years, so they wanted a lease extension because they 414 00:34:15,460 --> 00:34:16,040 couldn't sell them. 415 00:34:16,080 --> 00:34:17,000 They were becoming less valuable. 416 00:34:17,000 --> 00:34:25,260 And so what we did was in order to grant them a lease extension, we required them to get 417 00:34:25,260 --> 00:34:32,460 a structural inspection by a licensed Louisiana engineer and a piling inspection, a current. 418 00:34:33,040 --> 00:34:37,560 They have that, then we know those boat houses are good because many of those boat houses 419 00:34:37,560 --> 00:34:42,000 are built in the late 70s, mid 70s, so they're getting old. 420 00:34:42,000 --> 00:34:47,860 And so, we needed to know that those boat houses were in good shape structurally. 421 00:34:48,260 --> 00:34:49,020 They needed repairs. 422 00:34:49,180 --> 00:34:51,160 They had to do the repairs before they get the extension. 423 00:34:51,680 --> 00:34:53,640 So we did extend the boat houses. 424 00:34:54,540 --> 00:34:54,960 Thank you, Liz. 425 00:34:55,360 --> 00:35:03,320 So, I don't remember the exact word you used, but financially y'all struggling for capital 426 00:35:03,320 --> 00:35:03,500 improvement? 427 00:35:03,500 --> 00:35:04,520 Capital improvement. 428 00:35:04,880 --> 00:35:06,220 But not today-to-day. 429 00:35:06,400 --> 00:35:07,240 Not today-to-day. 430 00:35:07,260 --> 00:35:07,920 Overhead, y'all. 431 00:35:08,200 --> 00:35:08,220 Okay. 432 00:35:08,220 --> 00:35:13,820 We could, we could, we'd cover in our expenses day to day, but to, for example, we have to 433 00:35:13,820 --> 00:35:15,000 put a new roof on a hanger. 434 00:35:15,320 --> 00:35:18,960 Well, we're struggling with that, you know, we'll be going to get the funds in there. 435 00:35:19,260 --> 00:35:24,560 And one of the hangers over there, the Moffitt hangers, an old hanger that was totally wiped 436 00:35:24,560 --> 00:35:29,500 out, the roof was wiped out, not by hurricane, by a straight line winds that came through 437 00:35:29,500 --> 00:35:30,720 a year or two ago. 438 00:35:31,180 --> 00:35:33,800 So we're negotiating with the insurance company. 439 00:35:33,800 --> 00:35:41,320 We also have someone who approached us and said, let them take that building down, knock 440 00:35:41,320 --> 00:35:44,260 it down and replace it, reorient the hangar doors. 441 00:35:44,900 --> 00:35:47,180 They want to put a couple of Gulf streams in there. 442 00:35:47,860 --> 00:35:50,860 The hangar as it is now cannot hold a Gulf stream. 443 00:35:51,280 --> 00:35:51,440 Right. 444 00:35:51,680 --> 00:35:57,060 As part of transparency, I don't know if you remember, I probably had more head and 445 00:35:57,060 --> 00:36:04,280 didn't have great beard, but I restored the harbor house for y'all after Katrina and all 446 00:36:04,280 --> 00:36:04,920 those neighborhoods. 447 00:36:05,380 --> 00:36:06,380 All the shelters, too. 448 00:36:06,440 --> 00:36:10,660 Yeah, all the shelters and all that, because it didn't click to me until I seen your name 449 00:36:10,660 --> 00:36:11,400 and I seen you. 450 00:36:11,660 --> 00:36:13,520 I said, I hadn't seen him in 20 years. 451 00:36:14,620 --> 00:36:15,160 Who's the architect? 452 00:36:15,660 --> 00:36:16,580 Was it Murray? 453 00:36:18,320 --> 00:36:19,140 Yeah, he was the architect. 454 00:36:19,620 --> 00:36:20,540 Joey Murray was the architect. 455 00:36:20,840 --> 00:36:20,900 Yeah. 456 00:36:21,040 --> 00:36:21,720 Y'all were the owners. 457 00:36:22,060 --> 00:36:22,100 Yeah. 458 00:36:23,280 --> 00:36:23,720 Okay. 459 00:36:23,980 --> 00:36:24,780 Good seeing you again. 460 00:36:24,780 --> 00:36:25,540 Do you have a question? 461 00:36:25,860 --> 00:36:26,640 Yeah, I have a question. 462 00:36:27,020 --> 00:36:30,180 Did you bring the quarterly update, financials? 463 00:36:30,300 --> 00:36:32,260 No, we're going through an audit right now. 464 00:36:33,240 --> 00:36:37,820 We only one month, a little over a month into the year, I don't have anything on the finances 465 00:36:37,820 --> 00:36:38,660 for this year yet. 466 00:36:39,060 --> 00:36:39,300 Okay. 467 00:36:39,360 --> 00:36:44,500 But we're in the same audit cycle as you all are, because part of our audit, the 468 00:36:44,500 --> 00:36:45,920 general fund, is combined. 469 00:36:46,520 --> 00:36:50,120 This was more of a general education for the new board members. 470 00:36:50,120 --> 00:36:52,600 We have so many new board members, you'll hear me talk numbers, but you don't 471 00:36:52,600 --> 00:36:53,440 know what I'm talking about. 472 00:36:53,940 --> 00:36:59,660 So I figured I'd give the new board members, the new director just a feel for who we are and what we do. 473 00:37:00,020 --> 00:37:06,660 And that quarterly report was to help us understand their finances because we do subsidize some of their costs. 474 00:37:08,740 --> 00:37:10,540 I haven't received a check yet. 475 00:37:12,600 --> 00:37:13,400 I don't do that. 476 00:37:14,080 --> 00:37:19,000 I like you when you think, though, you help subsidize, I like to know where those checks are. 477 00:37:19,760 --> 00:37:21,860 That comes to special lady right there. 478 00:37:21,860 --> 00:37:26,640 I mean, just for clarity, we do not subsidize their finances. 479 00:37:26,960 --> 00:37:29,700 We share some common purposes. 480 00:37:29,700 --> 00:37:29,820 No, ma'am. 481 00:37:30,140 --> 00:37:30,900 We don't. 482 00:37:31,060 --> 00:37:31,700 We do not. 483 00:37:31,860 --> 00:37:32,200 Insurance. 484 00:37:32,500 --> 00:37:38,680 We cannot spend flood protection money on non-flood, which is the issue with the properties 485 00:37:38,680 --> 00:37:40,440 that OLD owns. 486 00:37:40,520 --> 00:37:40,800 Okay. 487 00:37:41,120 --> 00:37:41,560 Yeah. 488 00:37:41,780 --> 00:37:44,880 I'm just talking about taking over the police and things like that. 489 00:37:45,540 --> 00:37:47,580 Well, they're our responsibility now. 490 00:37:47,680 --> 00:37:48,400 Now, yeah. 491 00:37:48,520 --> 00:37:48,740 Right. 492 00:37:48,740 --> 00:37:51,840 We do not subsidize their expenses, so. 493 00:37:53,020 --> 00:37:54,340 If you are, if you do. 494 00:37:54,420 --> 00:37:55,480 Louis wants to check. 495 00:37:56,240 --> 00:37:58,620 So, is the fallout shelter y'all wrong? 496 00:37:59,500 --> 00:38:01,060 In the MOU, we have it. 497 00:38:01,460 --> 00:38:01,660 Okay. 498 00:38:01,960 --> 00:38:02,180 Yes. 499 00:38:02,480 --> 00:38:04,400 Basically LMA lives paycheck to paycheck. 500 00:38:05,080 --> 00:38:08,620 We pretty much, that was always there. 501 00:38:08,900 --> 00:38:15,080 I just want to remind everyone, after last meeting of last week, 502 00:38:15,080 --> 00:38:20,680 We had some feedback some people that were watching us on home or in their 503 00:38:20,680 --> 00:38:25,520 office or whatever please talk into the microphone and even when y'all come to 504 00:38:25,520 --> 00:38:30,960 the podium make sure y'all into that microphone. We want everybody to hear 505 00:38:30,960 --> 00:38:36,260 what we're talking about but I'm sorry. President McCurry and Director Williams 506 00:38:36,260 --> 00:38:40,620 I know Anthony Richard who is our chairman of our board is not here but 507 00:38:40,620 --> 00:38:43,740 he extends an offer that he would like to meet with you as the new 508 00:38:43,740 --> 00:38:49,720 president with Director Williams. We can meet at the airport. We'll be here so you 509 00:38:49,720 --> 00:38:57,160 can feel for his direction. Anytime since I sent the governor put me here, I feel 510 00:38:57,160 --> 00:39:02,120 like I'm doing this 24-7 and in my business, but I'm committed to this. So 511 00:39:02,120 --> 00:39:07,520 anytime he wants to do it, get with Jeff and we'll be there. I know that 512 00:39:07,520 --> 00:39:14,840 feeling. This will definitely consume you time. He does too. Yeah I mean this is the 513 00:39:14,840 --> 00:39:19,640 passion I want to do this but anytime y'all want I'm available. Other than the 514 00:39:19,640 --> 00:39:24,500 two weeks of cruising the coast I've let everybody know that I'm done. Those two 515 00:39:24,500 --> 00:39:30,840 weeks it's done. I'm sorry. That's all I have. Thank you. Thank you very much. So 516 00:39:35,750 --> 00:39:37,470 Yeah, I'd like one. 517 00:39:47,120 --> 00:39:51,580 Yeah, that's what I'm going to next. Good senior again. 518 00:39:56,880 --> 00:40:00,380 This is the current. 519 00:40:02,980 --> 00:40:03,080 Yeah. 520 00:40:04,540 --> 00:40:06,660 Incorporates all prior amendments. Yeah. 521 00:40:06,840 --> 00:40:09,320 Or it is the only. No, all prior amendments. 522 00:40:10,740 --> 00:40:11,560 That's what I want. 523 00:40:14,080 --> 00:40:20,940 Okay. Is that it? All right. Next committee reports. Finance committee, Mr. Randy Noel. 524 00:40:21,180 --> 00:40:28,220 We had a finance committee this morning at 9.30 and the audit is ongoing, which should 525 00:40:28,220 --> 00:40:35,840 be wrapped up pretty soon. And pretty much we just we had the report from our investment 526 00:40:35,840 --> 00:40:41,140 counselor from Edward Jones. And that's pretty much all we did. So we have no recommendations 527 00:40:41,140 --> 00:40:50,320 to make today. Thank you. Thank you. We have any directors reports? No, nothing 528 00:40:50,320 --> 00:40:55,940 significant to report on, Mr. President. We did that last week. We're good to go. 529 00:40:56,320 --> 00:41:00,880 I'm sorry. Did we get a report on the accident that I mentioned in the 530 00:41:00,880 --> 00:41:07,880 special meeting? Yes, I did receive that report early this morning. I did not 531 00:41:07,880 --> 00:41:11,840 get a chance to review it yet but I do have the formal written report and we 532 00:41:11,840 --> 00:41:17,260 will get it out to you. Okay. What can you tell us? What accident are we talking 533 00:41:17,260 --> 00:41:25,160 about? The employee on a Monticello tractor accident a couple of about 10 days 534 00:41:25,160 --> 00:41:28,840 ago so I did not get to review it yet but I did get to see the report it's 535 00:41:28,840 --> 00:41:34,000 in my inbox. Okay. Just so you know our past practice has been if there's 536 00:41:34,000 --> 00:41:41,340 serious report, you know, serious injury or death, we need to know about it right 537 00:41:41,340 --> 00:41:47,060 away, either by email or, you know, that's because of the liability of it. 538 00:41:47,340 --> 00:41:54,600 Acknowledge. Thanks. Well, the first one needs to be Kurt and Chief. Let him know. 539 00:41:55,860 --> 00:42:02,220 Okay, Ryan, you don't have anything? No, not at this time. Okay. No one else? 540 00:42:02,220 --> 00:42:04,280 Okay. Any new business? 541 00:42:05,880 --> 00:42:14,900 You might want to mention our inspection costs have been, the Corps of Engineers inspection monies have been restored. 542 00:42:15,400 --> 00:42:20,060 Yes. That was an article. It was in the paper. Did y'all confirm that? 543 00:42:20,400 --> 00:42:24,960 Yes. Yes. They have reached out to us to schedule some inspections on our complex structure. 544 00:42:25,160 --> 00:42:28,100 So that's going to be ongoing and occurring in the next couple weeks. 545 00:42:28,100 --> 00:42:33,940 So their budgetary issues have been restored and this is going to start happening. 546 00:42:34,440 --> 00:42:38,780 Yes, for the complex structures, yes. 547 00:42:39,060 --> 00:42:45,420 There will be conducting some inspections on some of the PCCP sites and some of the complex structures. 548 00:42:46,080 --> 00:42:52,840 I mean, I guess they're good partners by doing that, but we just sort of probably know when I say we, the team, 549 00:42:52,840 --> 00:42:57,180 Y'all do that every day when y'all out there cutting grass or, you know, they are trained 550 00:42:57,180 --> 00:42:58,120 to look for these things. 551 00:42:58,300 --> 00:42:58,680 Yes. 552 00:42:58,800 --> 00:43:04,380 We're conducting our monthly quarterly annual, semiannual inspections. 553 00:43:04,940 --> 00:43:11,160 So just because I guess the core is low on some funding, it doesn't take away from the 554 00:43:11,160 --> 00:43:11,780 work that we do. 555 00:43:12,540 --> 00:43:12,900 Correct. 556 00:43:13,440 --> 00:43:20,740 And I'd like to add to that that the funding, the reprogramming is for FY25 only. 557 00:43:20,740 --> 00:43:33,380 So there's still no funding in the budget for FY26 for the Corps, but the big point that I'd like to add here, we just had levy recertification in 2023. 558 00:43:34,520 --> 00:43:43,320 So that's another eight years before certification requires that's a big deal for us to participate in the National Flood Insurance Program. 559 00:43:43,540 --> 00:43:49,700 So we still have seven years to go before it becomes impactful, but we are doing the work that is required. 560 00:43:50,160 --> 00:43:57,260 As I said in a hearing the other day, it is the agency that is responsible for that certification, not the Corps of Engineers. 561 00:43:58,000 --> 00:44:05,520 Right. I think in the next couple of weeks, we're going to have the lobbyist group, remember the name of the company? 562 00:44:05,820 --> 00:44:06,120 Mercury. 563 00:44:06,660 --> 00:44:13,780 Yeah, they're going to come in and give us an update, but I will tell you one update that they told us that the 200-year flood, 564 00:44:14,580 --> 00:44:22,760 I want to expand on it, the 200-year flood study, they have half a million dollars in the appropriation 565 00:44:22,760 --> 00:44:30,600 committee in Washington that's there to be his airmark and hope it passes for the 200-year study. 566 00:44:32,280 --> 00:44:35,300 I don't know if y'all knew that, but they told us it's there. 567 00:44:36,700 --> 00:44:38,580 I'd like to say something before we move on. 568 00:44:40,000 --> 00:44:45,920 When I was president, I was instrumental in getting Jeff here as the interim regional director 569 00:44:45,920 --> 00:44:47,320 through being the chief engineer. 570 00:44:47,760 --> 00:44:52,200 The reason Jeff could speak so eloquently and accurately about what was going on with 571 00:44:52,200 --> 00:44:56,580 the Corps is because he came to us from the Corps of Engineers in a leadership position. 572 00:44:56,580 --> 00:44:59,960 And one of the reasons that I 573 00:45:00,000 --> 00:45:04,720 As Jeff to come aboard is not only does he have impeccable character and integrity, but 574 00:45:04,720 --> 00:45:11,400 he brings a wealth of knowledge from a technical standpoint that this agency needs. So at some 575 00:45:11,400 --> 00:45:15,660 point in the near future, I want to recommend that we get him as our permanent regional 576 00:45:15,660 --> 00:45:21,540 director because he brings exactly what he just did this morning with no preparation, 577 00:45:21,800 --> 00:45:27,300 gave all of us a very eloquent and technically accurate account of what is going on with 578 00:45:27,300 --> 00:45:30,600 the Army Corps of Engineers. And Jeff, thank you for that. 579 00:45:31,400 --> 00:45:35,680 In the last, I don't know, two weeks that you and I have been working together, you've 580 00:45:35,680 --> 00:45:41,360 been right on the spot and definitely I'm very impressed. We're going to, at this point, 581 00:45:41,420 --> 00:45:43,140 any other questions? No. 582 00:45:43,940 --> 00:45:47,020 All right, we need a motion to go into executive session. 583 00:45:48,820 --> 00:45:49,800 Motion, second. 584 00:45:50,780 --> 00:45:51,480 Debbie, moves. 585 00:45:52,080 --> 00:45:52,480 Second. 586 00:45:53,480 --> 00:45:54,560 Randy, second. 587 00:45:55,860 --> 00:45:56,540 Call in favor? 588 00:45:57,180 --> 00:45:57,460 Aye. 589 00:45:57,680 --> 00:45:58,000 Aye. 590 00:45:58,220 --> 00:45:58,600 Any opposed? 591 00:45:58,860 --> 00:46:00,980 Just do we need to do a roll call on Ruby? 592 00:46:01,620 --> 00:46:01,820 No. 593 00:46:02,060 --> 00:46:02,300 Okay. 594 00:46:02,820 --> 00:46:03,960 Just got to be unanimous. 595 00:46:04,700 --> 00:46:06,460 So we're going to be in executive session. 596 00:46:06,720 --> 00:46:07,520 It may be a little while. 597 00:46:07,980 --> 00:46:08,760 You're welcome to stay. 598 00:46:09,440 --> 00:46:11,420 But we got to go. 599 00:46:11,520 --> 00:46:15,180 Is it too late for me to make another comment before we go into executive session? 600 00:46:15,360 --> 00:46:15,600 Go ahead. 601 00:46:16,040 --> 00:46:16,260 Go ahead. 602 00:46:16,460 --> 00:46:24,080 I also want to speak to the value of Chief Rondino in a dual role of being the chief compliance officer. 603 00:46:24,080 --> 00:46:29,560 He brings 20-plus years of experience with civil service in addition to his law enforcement pedigree. 604 00:46:30,040 --> 00:46:32,860 He is also a man of impeccable character and integrity. 605 00:46:33,440 --> 00:46:37,920 And I wanted to state that on the record, given some of the things that have been floating around in the media. 606 00:46:38,840 --> 00:46:39,500 Thank you. 607 00:46:39,740 --> 00:46:40,140 I agree. 608 00:46:40,960 --> 00:46:42,400 Let's go into executive session. 609 00:46:48,840 --> 00:46:49,800 Everybody back? 610 00:46:52,200 --> 00:46:54,400 Motion to come out of executive session. 611 00:46:54,640 --> 00:46:55,120 Second. 612 00:46:55,120 --> 00:47:06,020 Okay, all the time is we have to vote on it Pete. The time is 12 21 21 I did the 613 00:47:06,020 --> 00:47:12,860 motion yeah so Greg motion by Roy Caruba second by Randy all in favor go 614 00:47:12,860 --> 00:47:23,040 back on record hi no nays no nays okay there's been no on the two items that we 615 00:47:23,040 --> 00:47:26,820 We went into executive session, there's no decision, nothing done on that. 616 00:47:28,320 --> 00:47:30,260 So no action taken. 617 00:47:31,200 --> 00:47:31,760 No action. 618 00:47:31,940 --> 00:47:32,440 Thank you, Curt. 619 00:47:33,460 --> 00:47:40,300 So the next would be the motion for the attorneys. 620 00:47:41,180 --> 00:47:45,720 I would like to propose we just defer that again. 621 00:47:45,900 --> 00:47:46,500 Move we defer. 622 00:47:47,080 --> 00:47:47,620 Second. 623 00:47:48,760 --> 00:47:49,000 Okay. 624 00:47:49,000 --> 00:47:53,060 A motion by Miranda, second by Roy, all in favor? 625 00:47:53,400 --> 00:47:53,680 Aye. 626 00:47:54,060 --> 00:47:54,160 Aye. 627 00:47:54,360 --> 00:47:54,900 Any nays? 628 00:47:57,180 --> 00:48:00,820 Nays have, I mean, yeas have, all right. 629 00:48:02,860 --> 00:48:06,100 Number two, that's going to be deferred also to the next 630 00:48:06,620 --> 00:48:10,000 meeting, we're going to have a special meeting next week, 631 00:48:10,260 --> 00:48:10,840 which Ruby? 632 00:48:11,320 --> 00:48:13,080 I'll make a motion to defer. 633 00:48:13,640 --> 00:48:13,720 Second. 634 00:48:15,240 --> 00:48:18,740 Motion by Roy Krueger, second by Mr. Noel, all in favor? 635 00:48:19,200 --> 00:48:19,500 Aye. 636 00:48:20,060 --> 00:48:20,840 Any nays? 637 00:48:22,120 --> 00:48:22,400 Okay. 638 00:48:23,700 --> 00:48:24,440 So engineering? 639 00:48:25,440 --> 00:48:25,920 Anything? 640 00:48:26,380 --> 00:48:29,640 Can we clarify for the minutes about the special meeting? 641 00:48:31,640 --> 00:48:32,860 We're going to have a special meeting. 642 00:48:32,860 --> 00:48:34,220 I don't know anything about that, yeah. 643 00:48:34,680 --> 00:48:34,980 Wait, what? 644 00:48:35,360 --> 00:48:37,400 I don't know anything about special meeting. 645 00:48:37,660 --> 00:48:38,840 Are we having one next week? 646 00:48:39,220 --> 00:48:39,440 Yes. 647 00:48:39,900 --> 00:48:40,100 Okay. 648 00:48:40,560 --> 00:48:41,620 I'm going to get rid of that. 649 00:48:42,460 --> 00:48:44,380 Yeah, you've got to advertise it in all kinds of ways. 650 00:48:44,400 --> 00:48:45,700 We'll put the notice in all of them. 651 00:48:46,040 --> 00:48:46,260 Yeah. 652 00:48:47,140 --> 00:48:47,980 Don't get excited. 653 00:48:48,560 --> 00:48:51,940 Well, I need to arrange for family care. 654 00:48:52,820 --> 00:48:53,340 All right. 655 00:48:54,000 --> 00:48:58,720 So the only other, any action items or lists, anything? 656 00:48:59,500 --> 00:49:01,400 Guys, Ryan, you want to say something? 657 00:49:02,880 --> 00:49:07,760 No, I think most of the action items lists, we had one revision. 658 00:49:12,770 --> 00:49:17,790 We're going to be investigating the path forward for divesting on that property and I believe 659 00:49:17,790 --> 00:49:22,290 you had mentioned possibly looking at Lee San also and the condition of that one. 660 00:49:23,450 --> 00:49:29,510 The only other item was that we had a pending CEA with St. Bernard Parish for the safe 661 00:49:29,510 --> 00:49:31,450 housing of our Lakeborn employees. 662 00:49:32,310 --> 00:49:37,650 They have gotten back with us on a CEA and I believe it's either been reviewed 663 00:49:37,650 --> 00:49:42,930 or it's currently being reviewed by legal, but those are the only two revised items for this month. 664 00:49:43,610 --> 00:49:47,390 Okay, based on the real estate of Poche and Ruzan? 665 00:49:47,610 --> 00:49:48,470 Lisan, Lisan. 666 00:49:49,870 --> 00:49:54,630 Curt, have you ever come, got an opinion yet on how we dispose of that stuff? 667 00:49:57,350 --> 00:50:00,310 Afford the process from Larry Marino to you. 668 00:50:00,990 --> 00:50:02,450 I don't know if you had a chance to review it. 669 00:50:02,450 --> 00:50:05,030 That's the one where you had to go to the sheriff's office or something. 670 00:50:07,690 --> 00:50:10,930 But are they willing to do that? I thought there was some discussion. 671 00:50:11,390 --> 00:50:14,890 We had decided previously that we would put it on the market. 672 00:50:15,750 --> 00:50:16,410 You talk about pollution? 673 00:50:17,930 --> 00:50:19,550 We'll go through this sheriff's sale. 674 00:50:19,710 --> 00:50:21,690 There was discussion before with the sheriff, 675 00:50:22,610 --> 00:50:26,210 a representative sheriff's office stating that we needed a judge to sign off, 676 00:50:26,310 --> 00:50:27,530 but that's not in state law. 677 00:50:28,650 --> 00:50:37,450 Right. So I remember you saying that. I didn't know if that's the way it ended because it wasn't like a sheriff's sale or a judgment of a sale. 678 00:50:37,630 --> 00:50:39,950 Judicial auction. Judicial auction. 679 00:50:40,090 --> 00:50:46,990 Yeah, judicial auction. Because normally that's what they do at the sheriff's sales. So how do we… 680 00:50:46,990 --> 00:50:50,030 We would have to revisit that issue with the sheriff's office. 681 00:50:50,030 --> 00:50:55,190 Okay. Let's put that on pretty close to the top of the list. 682 00:50:55,710 --> 00:50:58,910 You know, these properties deteriorate and deteriorate every day. 683 00:50:59,450 --> 00:51:03,390 And we've got to do something with that, both of them. 684 00:51:03,670 --> 00:51:04,490 Now you can sleep. 685 00:51:04,870 --> 00:51:10,370 Okay. We had decided that it wasn't really the Sheriff's Office that had to handle that. 686 00:51:10,630 --> 00:51:16,010 To get more money for the East Jefferson-Levy District, which still exists as an entity, 687 00:51:16,490 --> 00:51:22,530 we had decided to put it on the market and that is the way it's going to bring 688 00:51:22,530 --> 00:51:28,510 the most value back to the corresponding agency that owned it. 689 00:51:30,630 --> 00:51:32,390 I heard that. I 690 00:51:32,390 --> 00:51:37,190 hear what you're saying but I need a legal opinion first. Is it legally you're 691 00:51:37,190 --> 00:51:41,690 saying we can use the board resolution before but I don't know where that 692 00:51:41,690 --> 00:51:49,030 process ended up, like when Chris Humphries was here or if it had stopped. 693 00:51:49,310 --> 00:51:52,430 It was Martin Isler's task. 694 00:51:53,290 --> 00:51:58,010 Yeah, basically what we need is what Pete is asking for, just a legal opinion on what route 695 00:51:58,010 --> 00:51:59,490 we can or can't take. 696 00:52:00,170 --> 00:52:00,950 That's my point. 697 00:52:01,150 --> 00:52:08,790 If there was a resolution passed to put it on them, if y'all did an action and said 698 00:52:08,790 --> 00:52:11,390 that hire XYZ real estate company? 699 00:52:12,330 --> 00:52:13,670 Is there any resolution out there? 700 00:52:13,890 --> 00:52:14,570 I don't call now. 701 00:52:14,970 --> 00:52:15,370 Okay, good. 702 00:52:15,730 --> 00:52:19,710 So give me a legal opinion how we dispose of it. 703 00:52:20,330 --> 00:52:21,750 Jeff, we're gonna say something. 704 00:52:22,550 --> 00:52:25,210 Yes, just another point of consideration 705 00:52:25,210 --> 00:52:29,210 is the resolution, the Senate resolution back in 2021 706 00:52:30,010 --> 00:52:32,450 that says that all authority property 707 00:52:32,450 --> 00:52:38,690 must be approved by Senate finance committee 708 00:52:38,790 --> 00:52:44,690 It's not law, it's a resolution, but there's some political ramifications behind that, so 709 00:52:44,690 --> 00:52:49,150 we need to take that in consideration and figure out how we want to navigate that. 710 00:52:49,530 --> 00:52:52,630 So that's all part of the legal opinion, okay? 711 00:52:52,890 --> 00:52:54,030 That was from 2021. 712 00:52:55,430 --> 00:52:58,730 So please, let's get that handle. 713 00:52:59,890 --> 00:53:04,990 I would just ask that we include the East Jefferson representatives in the discussion. 714 00:53:06,530 --> 00:53:14,530 I have, when I did the tour out there, the Lee Sam building, they're like, they have no need for it. 715 00:53:15,510 --> 00:53:20,090 We had sandbags that they had to store in there, but now the sandbags are all rotten. 716 00:53:20,270 --> 00:53:21,010 They said, we don't need them. 717 00:53:22,030 --> 00:53:22,430 No, no. 718 00:53:22,730 --> 00:53:24,990 But your point is, well, I'll tell you, you get them involved. 719 00:53:24,990 --> 00:53:29,050 I mean, this is the reason Jefferson Parish has two commissioners. 720 00:53:29,050 --> 00:53:37,530 And the only thing Lee Sam we might want to explore is retaining a portion of the property for stockpiling as far as dirt clay 721 00:53:37,530 --> 00:53:42,550 I know I believe we're not allowed to stockpile and our Reverend Wilson 722 00:53:42,550 --> 00:53:47,970 They told us that they told me that when I was there. Yeah. Yes, and and on the river road or whatever 723 00:53:48,530 --> 00:53:50,110 That's that's yeah, it's Reverend Wilson 724 00:53:50,870 --> 00:53:56,550 That Lee saying property has always been used for staging and as an extra 725 00:53:56,550 --> 00:54:01,690 like sometimes you need real estate and an emergency and you don't have it. We 726 00:54:01,690 --> 00:54:04,290 can't come all the way out here if it's you know. 727 00:54:06,320 --> 00:54:07,720 Give us an opinion and we'll 728 00:54:07,720 --> 00:54:15,200 talk about it. Okay. What's next? That's it. Who we adjourned? We have to announce the 729 00:54:15,200 --> 00:54:20,300 board meeting. Do we have a motion by Rand? Oh yeah I'm sorry. The next board 730 00:54:20,300 --> 00:54:26,380 meeting will be September 18th. Is that right? Here at Franklin Avenue at 10 731 00:54:26,380 --> 00:54:33,220 o'clock. We have a motion to adjourn. Second by Greg to adjourn. All in favor? Aye.