State of Mississippi purchases significant portion of Cat Island
Secretary
of State Delbert Hosemann, along with several members of the
Mississippi Gulf Coast Legislative Delegation, announced the purchase by
the citizens of the State of Mississippi of a significant portion of
Cat Island, one of the barrier islands located off the Mississippi Gulf
Coast.
"The acquisition of such a pristine ecological portion of land is a
significant step in the preservation of Cat Island for public use," says
Secretary of State Delbert Hosemann. "This purchase brings us one
step closer to protecting Cat Island for future generations to enjoy."
Through
several different funding mechanisms, the State of Mississippi was
able to acquire approximately 217 acres of Cat Island from a private
landowner at minimal cost to the State.
"We
had the opportunity to purchase this portion of Cat Island primarily
through settlement funds and federal grants," says Secretary Hosemann.
"Just as the State secured funding for Deer Island in the past, this
purchase is yet another investment in conserving the natural resources
of Mississippi's Barrier Islands."
The total purchase price for Cat Island is $8-Million, with only
$528,000 coming from Tidelands funds. Tidelands funds are generated from
casino leases and assessments and allocated by the Mississippi Gulf
Coast Legislative Delegation for projects on the Mississippi Gulf Coast.
Funding for the purchase is as follows:
MOEX Offshore 2007 (Federal oil spill settlement funds): $4,987,326
CELCP (Federal Coastal and Estuarine Land Conservation Program): $1,206,575
Reallocation of Deer Island Bond Funds: $1,277,943
Tidelands Fund Appropriation $528,155
Cat
Island is the westernmost island of the five Barrier Islands which
form the southern boundary of the State of Mississippi. The island lies
roughly eight to ten miles south of the mainland coast of Mississippi
and is the only Mississippi barrier island with significant acreage
remaining in private ownership.
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