City to ask for funds for new casino infrastructure
by Associated Press
Published: January 4,2012
Tags: casinos, construction, Conventions, gambling, gaming, hospitality, hotels, infrastructure, lodging, meetings, municipal government, restaurants, roads, sewer, state government, streets, tourism, tourists, visitors, water
D’IBERVILLE — The city of D’Iberville will apply for a grant of up to $8.5 million to fund infrastructure improvements for CanCan Casino.
The Sun Herald reports originally the cost of the new streets, water and sewer infrastructure for the proposed casino was estimated at $6 million. City Manager Michael Janus said at yesterday’s council meeting the actual cost was determined to be $2.5 million higher.
D’Iberville is asking the Mississippi Development Authority for the money to construct a new road to the casino. The MDA’s Economic Development Highway Program requires the investment to be greater than $70 million. Janus said the CanCan project is close to $300 million.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Family launches Billups Coffee with headquarters in Oxford
- Chris McDaniel responds to radio show audio clip
- Mississippi State makes NSF ranking of research universities
- Running luxury car dealerships, like Mercedes of Jackson, comes naturally to Trudy Higginbotham Moody
- ‘Just the beginning’ — Venture Technologies merging, acquiring companies
- Tallahatchie General’s listing on auditor’s ‘watchline’ an image set back, CEO says
- Chaney drops lawsuit against National Flood Insurance Program
- TVA president/CEO Johnson tours Techumseh, Yokohama plants
- Ex-city worker arrested on false pretense charge