Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watch
    • Arbitrage funds demystified – The Hindu
    • ₹10 lakh lump sum vs ₹10,000 SIP for 100 months – which built a bigger corpus?
    • Flexicap funds: M&M, HDFC Bank, ICICI Bank lead buying; SBI tops sell list in May
    • Rs 5 Lakh Lump Sum vs Rs 5,000 Monthly SIP: Which Creates More Wealth?
    • The FinTech Magazine Guide to Green Bonds
    • India’s monthly SIP book grows nearly ten times in a decade: Report
    • How to evaluate a mutual fund: Factsheet, SIP, expense ratio, fund size | Personal Finance
    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

    Arbitrage funds demystified – The Hindu

    June 14, 2026

    Should You Exit Large Cap Funds as they Underperform Mid and Small Cap Funds – Money Insights News

    June 12, 2026

    Did the Funds That Owned SpaceX Pre-IPO Clean Up?

    June 12, 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

    PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watch

    June 15, 2026

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

    November 19, 2023
    Don't Miss
    Mutual Funds

    PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watch

    June 15, 2026

    For years, the standard argument in favour of portfolio management services (PMS) has been simple—concentrated…

    Arbitrage funds demystified – The Hindu

    June 14, 2026

    ₹10 lakh lump sum vs ₹10,000 SIP for 100 months – which built a bigger corpus?

    June 13, 2026

    Flexicap funds: M&M, HDFC Bank, ICICI Bank lead buying; SBI tops sell list in May

    June 13, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    5 Megacap ETFs To Consider As Market Trends Favor The Titans – Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD)

    August 13, 2025

    A Public Company Boasting Trump’s Sons on Advisory Board Is Buying BlackRock Bitcoin ETF (IBIT)

    March 28, 2025

    Les frais facturés par les hedge funds ont absorbé la moitié des gains bruts des clients

    January 20, 2025
    Our Picks

    PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watch

    June 15, 2026

    Arbitrage funds demystified – The Hindu

    June 14, 2026

    ₹10 lakh lump sum vs ₹10,000 SIP for 100 months – which built a bigger corpus?

    June 13, 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.