Meetings
 
Agenda Item
Docket No. 12-708
 
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RE:
Request for a payment plan submitted by Eddie Price regarding a $2,500 late fee for filing his 2008 Tier 2 annual pfd 601 days late.
Facts:
TIER: 2
TYPE OF REPORT: 2008 Annual Report DAYS LATE: 601 days

ASSESSED LATE FEE: $2,500

OTHER LATE FILINGS: No

Eddie Price was the Mayor of the City of Mandeville. On February 8, 2010, Mr. Price received a notice of delinquency. The report was filed on October 24, 2011, 601 days late. Mr. Price was assessed a $2,500 late fee.Eddie Price resigned his office on October 9, 2009. On June 17, 2010, Mr. Price was sentenced to 64 months in a federal prison. That sentence was subsequently reduced to 40 months, which he began serving on October 27, 2010. Mr. Price nor his spouse have the funds to pay the late fee. Mr. Price has no savings to draw on to make this payment.



Comments:
At the June 2012 Board meeting, the Board decline to waive or supsend any portion of Mr. Price's $2,500 late fee.

Law:
La. R.S. 42:1124.2 requires each person holding a public office who represents a voting district having a population of 5,000 or more persons to file an annual personal financial disclosure statement on or before May 15th of each year during which the person holds office and the year following termination of the holding of such office.
La. R.S. 42:1124.4 of the Code provides that upon discovery of the failure to file, failure to timely file, omission of information or inaccurate information, the Board shall notify the filer by sending him a notice of delinquency by certified mail. The notice of delinquency shall inform the person that the financial statement must be filed, or that the information must be disclosed or accurately disclosed, or that a written answer contesting the allegation of such failure, omission, or inaccuracy must be filed no later than fourteen (14) business days after receipt of the notice of delinquency.


Recommendations:
Accept proposed payment plan.

Assigned Attorney: Tracy Barker
 
 
ATTACHMENTS:
Description:
2012-708- correspondence from Rykert Toledano re E Price III (7-2-12)