Casino developer to sign new lease with D'Iberville - WLOX.com - The News for South Mississippi

Casino developer to sign new lease with D'Iberville

D'IBERVILLE, MS (WLOX) -

The developers of the proposed Oyster Bay casino in D'Ibervile got a reprieve today from the city council. Council members voted unanimously to give the Pivotal Group five days to sign a new lease agreement with the city. The new agreement must be signed along with a $25,000 payment.

Officials with the development company say they will definitely sign that new lease agreement on the city owned land. That lease 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. In fact, one of the property owners said "show me the money."

The city of D'Iberville has been courting a casino for more than 20 years and Mayor Rusty Quave said he is cautiously optimistic this casino project will finally get off the ground.

Officials with the Pivotal Group also said the name of the casino will be changed, and that announcement should be made within the next two weeks.

Doug Walker was at city hall for the special meeting and will have more on this story coming up in a live report at 11am on WLOX News at MidDay. Remember, you can always watch our live newscasts on your Apple or Android mobile device through our free WLOX News app, or online at WLOX.com: http://www.wlox.com/category/257813/live-streaming-video

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  • Casino developer to sign new lease with D'IbervilleMore>>

  • Oyster Bay Casino gets a new lease on life

    Oyster Bay Casino gets a new lease on life

    The D'Iberville City Council has voted to give the developers of the proposed Oyster Bay Casino five days to sign a new lease agreement for use of some city owned property.More >>
    The D'Iberville City Council has voted to give the developers of the proposed Oyster Bay Casino five days to sign a new lease agreement for use of some city owned property.  The old lease expired earlier this year.  Officials with the Pivotal Group say they will sign and have already paid the city an additional $25,000 on the new lease. Even though the project has been stalled for the past few years, that may be changing soon.More >>
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