[JerseyHighlander]

An article regarding the payout of an eminent domain taking by the Levee Board in the 1920's, with descendants winning a court order in 1987, was posted on FR. The descendants posited the monies that were to be used to pay off the settlement was diverted during the court process, to buy the casino and the Levee Board was claiming poverty if they were forced to pay the settlement. (Approximately $20 million)

http://caselaw.lp.findlaw.com/cgi-bin/getcase.pl?court=5th&navby=case&no=0130728cv0

excerpt: With regard to the more general question of the levee district's budget, the Orleans Levee District receives very little funding from the state. The levee district generates its own revenues from the Lakefront airport, a casino, leases of property, fees from boatslips and marinas, and taxes. The district also receives income from various investment accounts currently worth $57 million. The levee board does not dispute these facts. At oral argument, counsel for the levee board pointed out that the district receives some state funds, even though they are usually in the form of capital outlays dedicated to specific projects. Because the state funds are already earmarked for other purposes, the state monies cannot be used to pay a judgment against the levee district. See Hudson, 174 F.3d at 688-89.

[Sonar5]

Thank You.

Just what I was looking for.

[Darnright]

> The levee district generates its own revenues from the Lakefront airport, a casino, leases of property, fees from boatslips and marinas, and taxes. <

Thank you. Bump to find later.