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2023-417
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2023-417
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Last modified
10/17/2025 1:43:14 PM
Creation date
10/7/2025 10:49:34 AM
Metadata
2023-417
Fields
Template:
Opinion Item
Opinion Type
Consent Opinion
Docket Number
2023-417
Parties Involved
Cole Norris
Agency at Issue
Madison Parish Hospital Service District
Decision Date
10/3/2025
Law
1111C(2)(d)
1112
39:1233.1
Caption
Consent Opinion finding Cole Norris, while serving as a member of the Board of Commissioners of the madison Parish Hospital Service District, violated R.S. 42:1111C(2)(d) by receiving a thing of economic value for services rendered to Delta Bank as an employee of Delta Bank while Delta Bank had a contractual, financial, or business relationship with the Madison Parish Hospital Service District; and, violated R.S. 42:1112B(3) by participating in transactions involving the Madison Parish Hospital Service District in which Delta Bank had a substantial economic interest while he was employed with Delta Bank.
Ethics Subject Matters
Outside Employment
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Agency Tracking No. 2023-417 <br /> Page 3 of 12 <br /> 3. <br /> In December 2020,Delta Barilc issued a construction loan to the District,which Delta Bank <br /> earned net interest between December 30, 2020 through June 23, 2023 of approximately <br /> $602,517.74. <br /> 4. <br /> On February 19,2019,Cole Norris was hired by Delta Bank as Assistant Vice President. On <br /> January 20,2022,Mr.Norris was promoted to Vice President-Ag Lender for Delta Bank. Mr.Norris <br /> was employed with Delta Bank at all times pertinent herein. <br /> 5. <br /> Cole Norris received W-2 Tax documents evidencing the receipt of wages for the calendar <br /> years 2020, 2021, 2022 and 2024. <br /> 6. <br /> On August 27, 2018, Cole Norris was appointed to the Board of Commissioners of the <br /> District by the Madison Parish Police Jury. Mr. Norris has served continuously on the District's <br /> Board of Commissioners since August 27, 2018 to August 27, 2024. <br /> 7. <br /> At the District's Board Regular Meeting on June 23, 2020, Cole Norris offered a motion to <br /> "adopt the resolution to the issuance of not exceeding Twenty-Seven Million Four Hundred Ninety- <br /> Seven Thousand($27,497,000)of Hospital Revenue Bonds." Delta Bank is specifically identified <br /> in the Resolution as the initial purchaser of the Notes and the 2022B Bonds. No Disclosure Recusal <br /> Form was filed with the BOE pursuant to La. R.S. 39:1233.1. <br />
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