State sells Iberville farm to Russian company for $12M

http://www.nola.com via the Associated Press ^

[BBell]

Gov. Bobby Jindal's administration has sold Point Clair Farm, a nearly 2,200 acre-site in Iberville Parish that is former prison property, for $12 million.

[BBell]

Better the Russians then the ChiComs.

[dfwgator]

[Theoria]

‘Louisiana is paying EuroChem a $6 million grant to help cover site infrastructure improvements.’

[Resolute Conservative]

Just giving them a forward base. How much property does America/American’s own in foreign countries? (rhetorical)

[BBell]

Loved that movie

We've Got to Get Organized!!!!

[Uncle Chip]

This from a commenter:

The Jindal administration and lawmakers use dollars from state property sales to help pay for ongoing programs in the current fiscal year. The dollars from the farm sale will be deposited into a fund used mainly for public college expenses.