Hakims, I20 Board Head to Court

Development of property north of Interstate 20, just east of Garrett Road and south of Millhaven Road, has hit a snag over drainage issues.

I-20 Corridor Properties, owner of the land, has sued the Interstate 20 Economic Development  Corporation (I20 Board), claiming that construction of a road connecting Millhaven and Fontana Road has aggravated flooding issues on his land.

The plaintiff requests that road construction be halted until a trial decides the issue. From the petition:

Plaintiff further alleges that a part of the terms and obligations of the aforesaid Agreement between the parties which in part provided for Plaintiff to donate extremely valuable property (estimated to be worth approximately six (6) million dollars) to the Defendant for the road that Defendant and the City of Monroe, Louisiana wanted and desperately needed for further economic development for the area, that there was an understanding between the parties that the road construction on Plaintiffs property north of Interstate 20 would be such that Defendant would construct the road in question at its cost, estimated to be under three (3) million dollars, and that the Defendant would make sure that, the road, even in its finished form would serve to drain Plaintiffs property properly and would not cause Plaintiffs property to flood; moreover, had it been understood by Plaintiff that the Defendant never plam1ed to do what was necessary to make sure that Plaintiffs property would drain properly before or after development of same, Plaintiff would never had agreed to donate the property for the constructions of the roads, especially since the cost of the road over the property located on the north side of Interstate 20, was about one-half of the value of the property donated by Plaintiff.

See here the complete lawsuit.

At last night’s meeting, of the I20 Board, the issue was discussed in an hour long executive session.

Afterwards, I20 Board President Otis Chisley said that the suit was “unfortunate,” but not unexpected. He said there were discussions about hiring legal counsel to handle the matter, but no final decision had been made as to who that may be.

I-20 Corridor Properties lists as managers Joseph and Nouri (Eddie) Hakim, well known area property developers.

Eddie Hakim several years ago was the Government’s chief witness in a trial that resulted in the conviction of two Monroe City Councilmen for raketeering, Robert “Red” Stevens, and Arthur Gilmore.

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2 Responses to “Hakims, I20 Board Head to Court”

  1. Booksmil Says:

    sue is the only lesson that Mayo and Co. understand

  2. Anonymous Says:

    I think he is butthurt and doesn’t have a case.

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