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Mississippi announces nearly $12M for waterfront projects

October 17, 2019 GMT

GULFPORT, Miss. (AP) — Nearly $12 million from a Mississippi public trust fund will go toward waterfront projects and park improvements along the state’s Gulf Coast.

Mississippi Secretary of State Delbert Hosemann presented the $11.74 million from the Public Trust Tidelands fund on Wednesday. The Biloxi Sun-Herald reports the money will finance new boardwalks, boat ramps, park features, restoration initiatives, educational facilities and other projects along the shore.

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The trust is primarily funded through leases and in lieu of payments for on-shore casinos and other businesses that sit on state-owned land. Some shipping companies and utility companies also pay into the trust.

Hosemann says about $6 million is set aside for public access projects. Another $3.5 million will support Department of Marine Resources operations and an additional $1 million is allotted for bond repayment.

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Information from: The Sun Herald, http://www.sunherald.com