Oak Island commits to buying old Yaupon pier.
Source StarNewsOnline.com
Hello from Surf City!
The Oak Island town's council committed to buying the Yaupon Beach Fishing Pier on Tuesday night by accepting a $500,000 state grant. The town must at least match the grant dollar for dollar and likely will have to find an additional $834,100 to buy the threatened pier. The pier was closed after it went into foreclosure amid a legal battle between its previous owners. It now belongs to Cooperative Bank, which shut off all access to it in April because of liability concerns. The council voted 4-1 after going into closed session to talk about "land acquisition" to accept the grant and its terms with Councilwoman Dara Royal opposing.
Read complete story at StarNewsOnline.com
Till next time....
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Johnny and Donna
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