§9039.69. Special powers
A. In addition to the general powers granted in this Chapter, the district shall have
the following special powers:
(1)To establish public- private partnerships and joint ventures for the benefit of the
district and to contract with private concerns who may be granted leases, rights-of-use, or
other concessions for contributing private at-risk capital for a particular district project or
program.
(2)To contract with other public bodies within or without the boundaries of the
district, for multiyear funding commitments for any purpose of the district upon a showing
of benefit to such public body who may incur debt thereby with the prior approval of the
State Bond Commission.
(3)To undertake any project beneficial to the district within the boundaries of the
distr
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§9039.69. Special powers
A. In addition to the general powers granted in this Chapter, the district shall have
the following special powers:
(1) To establish public- private partnerships and joint ventures for the benefit of the
district and to contract with private concerns who may be granted leases, rights-of-use, or
other concessions for contributing private at-risk capital for a particular district project or
program.
(2) To contract with other public bodies within or without the boundaries of the
district, for multiyear funding commitments for any purpose of the district upon a showing
of benefit to such public body who may incur debt thereby with the prior approval of the
State Bond Commission.
(3) To undertake any project beneficial to the district within the boundaries of the
district.
(4) To solicit, accept, and collect funds, federal, state or local grants, donations, and
contributions in cash or in property and to take by will or bequest, donation, devise, or other
legal means, in trust or absolutely, real or personal property, whether tangible or intangible,
subject to the terms, conditions, or limitations contained in the instrument by which such
property is acquired. The district is hereby specifically empowered to serve as the
beneficiary of a public trust heretofore and hereafter created pursuant to R.S. 9:2341 et seq.
now or hereafter amended. The district may also accept and expend any sum appropriated
by the United States, the state of Louisiana, or any political subdivision or agency thereof for
the purpose of administering or carrying out of any purposes or functions of the district
authorized thereby.
(5) To acquire real and personal property, including health education and
enhancement facilities, by lease, purchase, or donation, including but not limited to the
following: land; improvements; oil, gas, and mineral rights; stocks; bonds; notes; and any
other things of value. Title thereto shall be taken in the name of the district.
(6) To negotiate lease or sale transactions with any public or private educational
institution in the manner set forth in R.S. 33:4717.2, including institutions with which the
commissioners serving on the board are associated, provided the only requirement shall be
that representatives of such educational institutions may continue to serve but shall recuse
themselves from any participation on any issues related to the educational institution they
represent, notwithstanding any law to the contrary.
(7) To develop and implement a master plan for the district related to biosciences,
but in coordination with the Louisiana Board of Regents with respect to public higher
educational institutions.
(8) To construct, acquire, reconstruct, rehabilitate, improve, repair, operate, lease,
as lessor or lessee, or to enter into contracts for the management and operation of wet labs,
research facilities, manufacturing facilities, clinics, laboratories, or any other facility,
building, or structure in the district which may be of use or benefit to the development of
biosciences. The district may construct, acquire, reconstruct, rehabilitate, improve, repair,
operate, lease, as lessor or lessee, or enter into contracts for the management and operation
of support facilities that are useful, necessary, or convenient, including but not limited to
parking facilities, office buildings for researchers, dormitories, homes, or residences for
professionals. The district may finance, acquire property for, and plan and acquire, construct,
reconstruct, rehabilitate, or improve facilities for, and provide and operate, central services
and shared facilities for the common use of institutions or companies in the complex. The
district may, at its option, rent, lease, or sell the use of these facilities or services, or provide
them at no cost.
B. In no event shall the district have the right to regulate or determine fees or rentals
relative to properties or facilities it does not own.
C. The district or any subdistrict shall enter into a payment in lieu of taxes agreement
with the city of New Orleans prior to the acquisition of any property owned by the district
that was not exempt from ad valorem taxes immediately preceding the district's acquisition
of such property. The agreement shall provide that the district or subdistrict shall annually
pay to the city of New Orleans an amount equal to the ad valorem taxes that would have been
payable to the city had the property not been exempt from such taxation by reason of its
ownership by the district or subdistrict.