> News > Local News > April 2019 > Natchez aldermen discuss potential suit against casino
Bookmark this page!  
Latest News

Natchez aldermen discuss potential suit against casino
from Staff Reports - NEWS
April 10, 2019 -

By John Mott Coffey

NATCHEZ, Miss. – Natchez aldermen and Mayor Darryl Grennell on Tuesday discussed a potential lawsuit against Magnolia Bluffs Casino about extra money it could owe for leasing city-owned land.

The board closed the public out of the litigation talk, but Grennell said after the meeting that no decision was made to sue the casino. There are questions about Magnolia Bluffs paying more than the base $1 million it gives Natchez for occupying the city-owned property by the Mississippi River. There’s a provision in the lease agreement for the casino to pay an extra amount tied to its revenue growth.

Grennell said it’s uncertain the amount of money in limbo, but he noted Magnolia Bluffs’ last bonus payment was about $400,000.

Since Magnolia Bluffs opened its casino in 2012, the Board of Aldermen has used much of the lease revenues to repave Natchez streets. As the city approaches the street-paving season with warmer weather, Grennell said, the amount of money for this remains on hold since the level of casino funding is not certain. | © 2014 | All Rights Reserved
Privacy Policy | Terms of Use | EEO | Contact Us