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Police Jury authorizes notice of violations over tokenized-tree and crypto activities at Olde Oaks property
Summary
Following an Industrial Development Committee recommendation, the jury authorized the Parish Attorney to send Notices of Violations to Olde Oaks Golf Club owners for activities tied to “ImpactTree,” “ImpactCoin,” tokenized-tree sales and other offerings inconsistent with approved zoning and recreational use.
Industrial Development Committee chair Doug Rimmer reported committee members reviewed activities at Olde Oaks Golf Course that may be inconsistent with the property's approved golf-course and recreational uses. The committee unanimously recommended authorizing Parish Attorney Patrick Jackson to issue Notices of Violations to owners and representatives of Olde Oaks Golf Club related to activities described in the record as “ImpactTree,” “ImpactCoin,” tokenized tree sales, securities-related offerings, cryptocurrency activities, fundraising ventures, memberships, activations, and other commercial uses.
The jury accepted the committee recommendation and authorized the Parish Attorney to proceed. No additional details on the businesses' legal structure or revenue were provided during the May 6 meeting; the action authorizes enforcement steps by the attorney's office.
