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.
Top Posts & Pages
- Telepak strikes another branding deal with C Spire
- South's oldest casino to reopen as Golden Nugget
- C Spire launches new WiFi On app for Android-powered phones
- Airline announces new service at Oxford
- School superintendent terminated after party funds, travel questions
- Doctor appeals Medicaid, Medicare fraud conviction
- At age 17, ‘the flagpole kid’ is already a business success story
- Appeals panel rules against town in race discrimination case
- Entrepreneurs want ordinance change to add micro-brewery