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Council annexes Abare property for planned commercial development; zoning to be C-4 and incentives discussed
Summary
The council approved annexation of several Abare-owned parcels into the city to enable a future commercial development; councilors discussed zoning, parish review, property owners’ purchase agreements and potential use of an economic development district rather than a city TIF layer.
The New Iberia City Council approved an ordinance to annex five parcels owned by the Abare family into the city limits to enable an unnamed future commercial development.
Mayor (name on file) said the properties are under purchase agreements and that landowners and resident voters had signed a petition for annexation. Council members noted the parcels…
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