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.
Top Posts & Pages
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- Analyst: KiOR Columbus plant may end up sold as scrap
- Gulf oil rig explosion kills one worker, injures three
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Federal appeals court: State's abortion law is unconstitutional
- Six out of eight universities could have higher tuitions in 2015
- Ex-MDEQ leader Fisher joins Butler Snow
- Humana and Bill, Hillary and Chelsea Clinton Foundation partnering
- Former MDEQ Executive Director Trudy Fisher joins Butler Snow
- Can Metrocenter rise from the ashes? Again