LPIA History


A tract of land called Lafayette Place Addition, bounded on the north by McKinnie Avenue, on the west by Calhoun Street, on the south by Petit Avenue, and on the east by Lafayette Street, was sold by its owner, Lafayette Place Company to a prominent real estate developer, Lee J. Ninde, by an agreement dated June 19, 1915.

The recorded plat showed 444 lots, streets and five tracts of land set aside for a Community Center, a playground area and three park areas with homes dating back to 1916. The tract of land was sold subject to easements, restrictions and charges, all as set out in the Agreement.

One provision was that all lots were subject to an annual maintenance charge, to be paid to the Seller(Lafayette Place Company), after January 1, 1916, for five years by the respective purchasers of lots in advance on the first day of January each year. The accumulated fund was to be expended in caring for and maintaining the Addition. After the formation of an Improvement Association, such a charge was to continue and be payable to the Association until the Association, by appropriate proceedings, either reduced or abolished the charge. If unpaid, the charge or charges due the association were to become a lien against that lot and subject to all lien laws.


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