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• LOUISIANA BOARD OF ETHICS <br /> DATE: February 14, 2008 OPINION NO.: 2006-439 <br /> RE: In the matter of Jim Tucker <br /> The Louisiana Board of Ethics(the"Board"), at its October 11, 2007 meeting, conducted a <br /> public hearing for the purpose of exploring the following charges: <br /> 1. <br /> That Jim Tucker may have violated Section 1113D of the Code of Governmental <br /> Ethics [LSA-R.S. 42:1113D] in the following manner to wit: <br /> • At a time when Jim Tucker served as an elected member of the Louisiana <br /> State House of Representatives; <br /> • At a time when Jim Tucker owned 60% of Garden Oaks Holdings, LLC; <br /> • At a time when Jim Tucker,on behalf of Garden Oaks Holdings,LLC applied <br /> for tax credits through the Gulf Opportunity Zone Tax Credit Program <br /> • administered by the Louisiana Housing Finance Agency for the development <br /> Jackson Landing; <br /> • When Jim Tucker, on behalf of Garden Oaks Holdings, LLC, entered into <br /> contract(s)with the Louisiana Housing Finance Agency for the receipt of tax <br /> credits totaling $1,250,000.00. <br /> 2. <br /> That Jim Tucker may have violated Section 1113D of the Code of Governmental <br /> Ethics [LSA-R.S. 42:1113D] in the following manner to wit: <br /> • At a time when Jim Tucker served as an elected member of the Louisiana <br /> State House of Representatives; <br /> • At a time when Jim Tucker owned 100% of Hayne Boulevard Investments <br /> #1, LLC; <br /> • At a time when Jim Tucker, on behalf of Hayne Boulevard Investments #1, <br /> LLC applied for tax credits through the Gulf Opportunity Zone Tax Credit <br /> Program administered by the Louisiana Housing Finance Agency for the <br /> development Chateau Thierry Apartments; <br /> • When Jim Tucker, on behalf of Hayne Boulevard Investments #1, LLC, <br /> entered into contract(s)with the Louisiana Housing Finance Agency for the <br /> receipt of tax credits totaling $646,127.00. <br /> • <br />