Terms Used In Louisiana Revised Statutes 48:1257

  • Authority: shall mean the Department of Transportation and Development. See Louisiana Revised Statutes 48:1253
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

All parishes, political subdivisions, cities, towns, villages, and all public agencies and officers of the state of Louisiana, notwithstanding any contrary provision of law, are hereby authorized and empowered to lease, lend, grant or convey to the authority, upon its request and upon such terms and conditions as the authority and the proper officials of such parishes, political subdivisions, cities, towns, villages, and public agencies or officers may agree upon as reasonable and fair, and without the necessity for any advertisement, order of court or other action or formality other than the regular and formal action of the officials concerned and the execution of the proper instrument, any real property which may be necessary or convenient to the effectuation of the purpose of this Chapter, including real property already devoted to public use.  

Acts 1954, No. 232, §7.