Biloxi Taking State to Court

Biloxi attorneys are in court trying to collect more than $1 million owed to the city in rent paid by the Golden Nugget Casino Biloxi and inadvertently swept into the general fund by the state legislature last year.
Biloxi, the secretary of state, and the Institutions of Higher Learning each receive a third of the annual rent paid by the Golden Nugget under terms of a 2002 agreement.
Legislation last year swept the Point Cadet leasing fund to the state’s general fund, including the portion owed to Biloxi.
The solution proposed in Biloxi’s motion is for the city to collect the rent directly from Golden Nugget, pay all parties and forward the remainder to the state.
The city is owed $1.19 million in addition to the $1.3 million already recovered. The city also wants to recoup the back rent over the next several months with interest and attorney fees.

Categories: Local News, News

Leave a Reply

Your email address will not be published. Required fields are marked *