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Board approves Gulf Island LLC ITEP exemption request despite objections from two members
Summary
The finance committee recommended, and the board approved, honoring Gulf Island LLC's ITEP contract 20200178-ITE without penalty. Board members Matthew Ford and Roger Dale DeHart objected, warning a retroactive exemption could set a precedent.
The Terrebonne Parish School Board accepted a finance committee recommendation on Dec. 2 to honor Gulf Island LLC's Industrial Tax Exemption Program (ITEP) contract 20200178-ITE without penalty.
Cohen Guidry, introduced at the meeting as representing the applicant, addressed the committee about the request. "We want the exemption," an applicant…
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