D'IBERVILLE, Miss. (AP) — The city of D'Iberville has made the first payment of $318,668 on a $4 million special-obligation bond issued to cover part of the $9.5 million cost of the 8½ acres the city purchased for Ocean Expo.
It's been 2½ years since ground was broken for Ocean Expo along Interstate 10. Nothing else has been done and the president of Institute for Marine Mammal Studies said he is looking at other sites for the aquarium.
"As for any good business, we have to have a contingency plan," Moby Solangi, the institute president, told The Sun Herald (http://bit.ly/1pryzdt )
Solangi said a noise level study at the site has taken longer than expected. He had hoped it would be completed by February; it wasn't. Solangi now said he expects the study to be completed within a month.
The study will determine if property is still suitable for the aquarium.
When the contract between the city and IMMS expired in 2013, the D'Iberville City Council gave Solangi a deadline of March to start construction of Ocean Expo or abandon plans for the site.
City Manager Bobby Eleuterius said the city has heard "not one word" from Solangi.
Information from: The Sun Herald, http://www.sunherald.com