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re: West Feliciana Parish president found guilty of simple battery
Posted on 7/23/25 at 9:40 am to Loup
Posted on 7/23/25 at 9:40 am to Loup
The land has been zoned industrial for years. An LLC came in and bought it for the appraised value. They then worked out the logistics and pitched it to many other industries. Eventually, they were able to successfully market it to the data center and made the sale.
1
Posted on 7/23/25 at 10:07 am to Loup
quote:
It was sold for the appraised value from what I've read. The parish couldn't sell it for more than that.
Political subdivisions can't buy immovable property (land/building) valued over $3000 without an appraisal and for more than it's appraised value. Further the appraisal cannot consider the improvements the public entity will make after purchasing the property. R.S. 33:4712.10
When selling(surplusing) land, the public entity has to publish the sale and get fair market value (appraised value is minimum they can accept) usually through publicly offering the property up for sale to the highest bidder/offer.
Posted on 7/23/25 at 10:26 am to Loup
from the WBRZ website.
On Oct. 23, 2023, the parish sold 107 acres of property that was deemed surplus near the old paper mill to M/V Industrial LLC. The bill of sale says the industrial property sold for $500,000 in total, which breaks down to $4,672 per acre. State business filings say M/V Industrial is headed by Morgan Vosburg from Lafayette, but also has connections to Cedar Management Company LLC, which is registered to Andrew Grezaffi — the president of the West Feliciana Parish Port Commission.
On Feb. 27, 2025, M/V Industrial finalized the sale of multiple nearby properties and paid millions of dollars for them. The same day, M/V turned around and sold those properties to Hut 8 — the tech company coming to build the data center.
The bill of sale between M/V and Hut 8 does not list a price. It says that the sale "is made and accepted for adequate and sufficient consideration, recitation of which is omitted at the request of the purchaser and seller."
The remaining members of the port commission say rumors are circulating around the small town that the land the parish sold for less than $5,000 per acre was much more expensive when it was sold to Hut 8.
"The numbers that are rumbling around, and I don't want to be quoted on this, the 107 acres could have been sold for upwards of $12 million. M/V Industries bought it for $500,000. If that's the case, and it will probably take a subpoena to flesh that out, if that's the case then West Feliciana Parish has been defrauded of $11.5 million by the parish president and his allies. That's not acceptable," David Jewell said.
On Oct. 23, 2023, the parish sold 107 acres of property that was deemed surplus near the old paper mill to M/V Industrial LLC. The bill of sale says the industrial property sold for $500,000 in total, which breaks down to $4,672 per acre. State business filings say M/V Industrial is headed by Morgan Vosburg from Lafayette, but also has connections to Cedar Management Company LLC, which is registered to Andrew Grezaffi — the president of the West Feliciana Parish Port Commission.
On Feb. 27, 2025, M/V Industrial finalized the sale of multiple nearby properties and paid millions of dollars for them. The same day, M/V turned around and sold those properties to Hut 8 — the tech company coming to build the data center.
The bill of sale between M/V and Hut 8 does not list a price. It says that the sale "is made and accepted for adequate and sufficient consideration, recitation of which is omitted at the request of the purchaser and seller."
The remaining members of the port commission say rumors are circulating around the small town that the land the parish sold for less than $5,000 per acre was much more expensive when it was sold to Hut 8.
"The numbers that are rumbling around, and I don't want to be quoted on this, the 107 acres could have been sold for upwards of $12 million. M/V Industries bought it for $500,000. If that's the case, and it will probably take a subpoena to flesh that out, if that's the case then West Feliciana Parish has been defrauded of $11.5 million by the parish president and his allies. That's not acceptable," David Jewell said.
Posted on 7/23/25 at 11:02 am to Dirt Booger
quote:
Eventually
It was the worst kept secret in West Fel within 6 months of the parish selling it.
Posted on 7/23/25 at 2:21 pm to Dog Tree
quote:
If that's the case, and it will probably take a subpoena to flesh that out, if that's the case then West Feliciana Parish has been defrauded of $11.5 million by the parish president and his allies. That's not acceptable," David Jewell said.
On an unrelated note for all you public employees out there, make sure you finish your State mandated ethics training for the 2025 calendar year. Don't want any of y'all to get in trouble because you didn't know not to accept a promotional ball cap from a vendor putting in a bid.
Posted on 7/24/25 at 6:14 pm to Huey Lewis
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