Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Advisors Use Direct Indexing for Index Fund Concentration Risk
    • Pensions and investment mutual enters NW single-family housing with forward fund
    • SBI Mutual Fund trims stake in Ather Energy to 5% after partial profit booking. Details here
    • Are mutual funds really risky? Expert busts the biggest myth around MF investing
    • EPF vs mutual funds: Why EPFO says your provident fund should remain foundation of retirement planning
    • After equities and mutual funds, it’s time for bond SIPs
    • AlphaGrep launches Flexi Cap Fund: How the new scheme plans to pick stocks
    • Amundi launches memory chip and data centre ETFs
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Sunset Beach park to receive grant funds from state
    Funds

    Sunset Beach park to receive grant funds from state

    August 29, 2024


    Sunset Beach is receiving a grant from its Parks and Recreation Trust Fund to help with the development of Majestic Oaks Park. (Port City Daily/File)

    BRUNSWICK COUNTY — As part of $17.9 million in grants announced by Gov. Cooper Thursday, a park in a nearby coastal community will benefit from its windfall.

    The Majestic Oaks Park Development is one of 46 statewide to receive money through the Parks and Recreation Trust Fund (PARTF). The Parks and Recreation Authority approved the grants at an Aug. 23 meeting.

    “These awards through the Parks and Recreation Trust Fund and the Accessible Parks Grant will bring tremendous impact to communities across North Carolina by providing more parks, more trails and more accessible recreation,” Cooper said in a press release 

    Annually, the authority looks at requests from municipalities and counties to allocate 30% of PARTF’s total funding. Majestic Oaks Park Development received the maximum payout of $500,000, which must be matched by local funds dollar for dollar.

    Roughly 40 grant applications were submitted totaling $15.1 million and 22 projects were funded fully, with one project given partial funding. This totaled $9.5 million.

    Majestic Oak is 4.28 acres tract on the east end of island between Cobia Street and 16th Street that the town has been wanting to purchase for years to preserve as open space. While it has not been decided what amenities will be included, Sunset Beach council has discussed the bay area of South Jinks Creek as a spot for a kayak launch, observation deck and a fishing pier.

    The 2024-2025 budget includes money for designs and engineering.

    Other funding from PARTF comes from its Accessible Parks Grant program, made up $12.5 million. The money helps with construction of special facilities or adapting existing ones so park-goers of all abilities can participate in recreational and sporting activities.

    The authority received 23 applications.

    “These projects will enhance quality of life, improve health, and strengthen local economies,” N.C. Department of Natural and Cultural Resources Secretary D. Reid Wilson said in a release.

    In 30 years PARTF has doled out over $800 million to help parks statewide.


    Tips or comments? Email info@localdailymedia.com.

    Want to read more from PCD? Subscribe now and then sign up for our newsletter, Wilmington Wire, and get the headlines delivered to your inbox every morning.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    SBI Funds IPO opens with over 6% listing gain – IPO News

    July 21, 2026

    Evolve Announces July 2026 Distributions for UltraYield ETFs and Certain Evolve Funds

    July 20, 2026

    Sovereign Wealth Funds Need Legal Clarity as Their Scale and Mandates Expand

    July 20, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Understanding Master-Feeder Funds: Structure, Benefits, and Challenges

    July 16, 2026
    Don't Miss
    Mutual Funds

    Advisors Use Direct Indexing for Index Fund Concentration Risk

    July 23, 2026

    With concerns rising over concentration risk as valuations for many large cap stocks appear too…

    Pensions and investment mutual enters NW single-family housing with forward fund

    July 23, 2026

    SBI Mutual Fund trims stake in Ather Energy to 5% after partial profit booking. Details here

    July 23, 2026

    Are mutual funds really risky? Expert busts the biggest myth around MF investing

    July 23, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Will Homebuilding ETFs Have Their Moment Now? – August 9, 2024

    August 9, 2024

    Should you opt for mutual funds to accumulate sufficient wealth for retirement? Experts weigh in

    September 7, 2025

    100 days in office leads to $5+ trillion in investments; White House says

    April 29, 2025
    Our Picks

    Advisors Use Direct Indexing for Index Fund Concentration Risk

    July 23, 2026

    Pensions and investment mutual enters NW single-family housing with forward fund

    July 23, 2026

    SBI Mutual Fund trims stake in Ather Energy to 5% after partial profit booking. Details here

    July 23, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.