The nonprofit developing the former university horse farm into a public park missed a pre-lease deadline and won't start construction on time.

According to Elizabeth "EB" Brooks, who joined "Nathan & Bernie in the Morning" Wednesday, details such as public access to the Lafayette Central Park property, whether through some type of public-private partnership or another type of agreement, need to be ironed out.

Brooks admitted that organizers' timelines were overly ambitious.

In an exchange/sale, the city of Lafayette obtained the former horse farm from the University of Louisiana at Lafayette to preserve the 100-acre green space from development.

On July 26, 2013, the city and Lafayette Central Park Inc., a nonprofit corporation created to raise money and turn the farm into a public park, signed a cooperative endeavor agreement. The agreement outlines conditions that must be met before the lease actually kicks in and construction can start.

The city-parish attorney tells The Advertiser the nonprofit was supposed to have completed the pre-lease conditions by July 26, 2014, but did not. That deadline has been extended to Jan. 26.

The Associated Press contributed to this report.