Replies

You don't think this is why the Orleans Levee Board wants $$$? Naw...no connection.

1 posted on 09/03/2005 6:37:03 PM PDT by madison10

Maybe they ought to sell their private jet first.
Nah, what am I thinking?

2 posted on 09/03/2005 6:55:24 PM PDT by CFC__VRWC ("Anytime a liberal squeals in outrage, an angel gets its wings!" - gidget7)

Why not sell the Casino they bought or the Private Plane with money designated to improve the levees?

3 posted on 09/03/2005 7:01:00 PM PDT by msnimje (CNN - Constant Negative Nonsense)

Very interesting...considering that the OLD has acknowledged at least $57 million in assets as well as annual income from an airport, marina and casino.

In Anthony L. Vogt, et al. (Plaintiffs-Appellants) vs. Board of Commissioners of the Orleans Levee District, and James Huey (Defendants-Appellees) as found at:

U.S. Court of Appeals - Fifth Circuit

About 2/3 down the page in the section titled "Source of the levee district's funding" in paragraph 6 it is stated:

"With regard to the more general question of the levee district's budget, the Orleans Levee District receives very little funding from the state. The levee district generates its own revenues from the Lakefront airport, a casino, leases of property, fees from boatslips and marinas, and taxes. The district also receives income from various investment accounts currently worth $57 million. The levee board does not dispute these facts. At oral argument, counsel for the levee board pointed out that the district receives some state funds, even though they are usually in the form of capital outlays dedicated to specific projects. Because the state funds are already earmarked for other purposes, the state monies cannot be used to pay a judgment against the levee district. See Hudson, 174 F.3d at 688-89."

4 posted on 09/03/2005 7:06:13 PM PDT by eurocon (People demand freedom of speech as a compensation for the freedom of thought which they seldom use.)

GOOD POST!

I note the date: August 21, 2005.

5 posted on 09/03/2005 7:09:25 PM PDT by onyx (North is a direction. South is a way of life.)

More info on the privatization of the New Orleans Lakefront Airport by OLD. Apparently, Max L. Hearn (Executive Director of OLD) felt compelled to have the Louisiana Board of Ethics issue an opinion before privatization was undertaken.

Link found here

9 posted on 09/03/2005 7:29:51 PM PDT by eurocon (People demand freedom of speech as a compensation for the freedom of thought which they seldom use.)

Curiously, this whole episode actually began in 1923 as an "Emminent Domain" question.

Read the Louisiana Weekly May 2001

11 posted on 09/03/2005 7:35:21 PM PDT by eurocon (People demand freedom of speech as a compensation for the freedom of thought which they seldom use.)

IIRC the Levee Board is heavily invested in MS Casinos, another bas move.

12 posted on 09/03/2005 7:43:35 PM PDT by Mike Darancette (Mesocons for Rice '08)

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