State buys more land on barrier island; total investment up to $8M
by MBJ Staff
Published: July 2,2013
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.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi Film Studios signs contract with New Orleans company
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Watkins says JRA out to block him from Farish by repaying HUD $1.5M
- Pickering lists concerns over Mississippi Adequate Education Program formula
- Peavey's wellness program honored after workers drop 1,000 pounds
- Group, lesbian couples look to overturn state's ban on same-sex marriages
- Board authorizes sale of company that owns Silver Slipper Casino
- State renews battle over water use with city of Memphis
- GreenTech holds grand opening of neighborhood electric vehicle plant