CAT ISLAND — A second portion of Cat Island has been purchased by the state of Mississippi through federal and grant funding, according to a release from the Secretary of State’s Office.
The state acquired an additional 117 acres of Cat Island from a private landowner.
The Secretary of State’s Office purchased 109 acres of Cat Island from a private landowner in May 2012.
Both purchases were covered primarily by federal, grant and federal settlement funding dedicated to land purchases on Cat Island. The total purchase price for both land purchases on Cat Island was $8 million.
Funding for the purchase is as follows:
• MOEX (Federal oil spill settlement funds) — $4,987,326
• CELCP (Federal Coastal and Estuarine Land Conservation Program) — $1,206,575
• Reallocation of Deer Island Bond Funds: $1,277,943
• Tidelands Fund appropriation — $528,155
Cat Island is the westernmost island of the five Barrier Islands that form the southern boundary of the state of Mississippi. The island lies roughly eight to 10 miles south of the mainland coast of Mississippi and is the only Mississippi barrier island with significant acreage remaining in private ownership.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info