Lafayette Council Approves Horse Farm Buy
LAFAYETTE, La. (AP) — The City-Parish Council has approved an ordinance allowing Lafayette Consolidated Government to purchase the University of Louisiana at Lafayette Horse Farm to convert into a public park.
The council approved the final ordinance Tuesday allowing the issuance of certificates of indebtedness to spend up to $6 million on the purchase with a 7-2 vote.
City-Parish President Joey Durel tells The Advertiser that university officials and government leaders will now finalize a deal transferring ownership from the university to the city.
Durel, who has been a major supporter of the project, said he expects that deal to be finalized by early May and said the park will take shape within three years.
(Information in the following story is from: The Advertiser, http://www.theadvertiser.com)