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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