WICKER, HYDE-SMITH, PALAZZO ANNOUNCE $3.29 MILLION FOR POINT CADET MARINA UPGRADES
City of Biloxi Contributing to $5.47 Million RESTORE Act Infrastructure Project
WASHINGTON, D.C. – U.S. Senators Roger Wicker (R-Miss.) and Cindy Hyde-Smith (R-Miss.), and U.S. Representative Steven Palazzo (R-Miss.) today announced the award of more than $3.29 million in RESTORE Act funding for infrastructure upgrades at Point Cadet Marina, including an estimated 52 new boat slips.
The U.S. Department of the Treasury Office of Gulf Coast Restoration awarded the funding to the Mississippi Department of Environmental Quality.
“Point Cadet Marina is an important destination for locals and tourists alike on the Mississippi Gulf Coast,” Wicker said. “These RESTORE Act funds will support much-needed upgrades for the marina, allowing the City of Biloxi to add dozens of new slips for boaters.”
“The infrastructure improvements funded by this award will make Point Cadet Marina an even stronger asset to the Mississippi Gulf Coast as a draw for tourism, economic development, and marina industry,” Hyde-Smith said. “I commend the City of Biloxi and its leaders for their work on this exciting project.”
“Point Cadet Marina is the largest marina in Biloxi, making it a hit destination for boating enthusiasts. Investments in facilities along our coast is so important to ensuring that the tourism and watersport industries of south Mississippi thrive,” said Palazzo. “These funds will help make it possible for future generations to enjoy our beautiful Gulf Coast, and all it has to offer, for years to come.”
Approximately 52 new boat slips are anticipated with the completion of Point Cadet Marina upgrades, such as concrete floating docks, utilities, boardwalk, and any associated dredging or demolition. The city of Biloxi is contributing $2.18 million toward the overall $5.47 million project, which is expected to be completed in September 2023.
Congress established the Gulf Coast Restoration Fund in 2012 with enactment of the RESTORE Act. The fund provides a portion of revenues derived from Deepwater Horizon disaster fines to Gulf Coast states—Mississippi, Louisiana, Alabama, Florida and Texas—for ecological and economic recovery.
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