Rio Morando LLC PILOT / tax exemption at 2030 Rue Sucre, Luling
St. Charles Parish
Summary
The board's 2024 tax-break deal with Randa Properties set an inventory tax floor of $700,000 a year, but the company rarely pays that much — meaning the PILOT would have penalized it. Lowering the target to $500,000 keeps the St. Rose distribution center operating locally rather than relocating.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 26, 2026.
Impact analysis
Randa's annual tax floor drops from $700,000 to $500,000, though the company already paid $550,000 for 2025 — the change mainly prevents penalties.
Randa Properties and its St. Rose distribution center employees, who keep the facility here rather than seeing it consolidated elsewhere.
Mentions & discussions (2)
SCP Industrial Development 11:30 AM (trimmed) - Oct 26, 2026
The board approved a deal giving Rio Morando LLC a 50% tax reduction on building improvements in Luling — a net 40% cut over ten years. The parish isn't issuing or backing any bonds; the $13.75 million bond language is enabling-legislation boilerplate.
SCP Industrial Development Board 11:30 AM (trimmed) - Apr 23, 2026
The board's 2024 tax-break deal with Randa Properties set an inventory tax floor of $700,000 a year, but the company rarely pays that much — meaning the PILOT would have penalized it. Lowering the target to $500,000 keeps the St. Rose distribution center operating locally rather than relocating.
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