The Louisiana National Guard is paying nothing to lease a property on West Congress Street, where it has begun construction on an 83,000-square-foot readiness facility.
The University of Louisiana at Lafayette in 2020 signed a lease agreement with the Guard for the next half-century and is receiving no rent in return, according to documents obtained by the Acadiana Advocate.
The Guard has complete control of the property, which is located between West Congress Street and Cajundome Boulevard, for the next 55 years, with the ability to construct, maintain, alter, and replace structures, fixtures, additions and improvements attached to the property, according to lease documents…