Casino developers given more time to sign lease, make payment
Published: October 22,2013
Tags: casino, city, city government, City of D'Iberville, D'Iberville City Council, entertainment, gamble, gambling, gaming, lease, nightlife, Oyster Bay Casino, Pivotal Group, Rusty Quave, tourism, tourist, vacation, visitor
D’IBERVILLE — The developers of the proposed Oyster Bay Casino have gotten a reprieve from the D’Iberville City Council.
WLOX-TV reports that council members voted unanimously yesterday to give the Pivotal Group five days to sign a new lease agreement with the city. The group must also make a $25,000 payment.
Officials with the development company say they will sign that new lease agreement on the city owned land.
The agreement will run through the end of this year.
However, nearby property owners who have been promised their homes and land would be bought by the new casino expressed their frustration at the slow pace.
D’Iberville has been courting a casino for years. Mayor Rusty Quave said he is cautiously optimistic this casino project will finally get off the ground.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Travis retiring as head of Mississippi World Trade Center
- Pearl ordering rental properties to retrofit with sprinklers, build storm shelters
- Drew Brees settles lawsuit alleging investment fraud
- Deer processors need to use caution to insure safe, tasty venison
- Court rules board can discipline West Virginia radiologist
- Winchester lands $50M ammunition contract from Homeland Security
- Legislators begin work on FY2016 state budget
- Biloxi baseball project still alive but may be held for 2015
- Doctor convicted of using phony church for tax shelter