Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 2 ALPS Mutual Funds to Consider for Your Portfolio
    • Mutual fund switching may become tax-free: Experts explain SEBI proposal and what could change in capital gains tax rule
    • Ultra-Short-Term Bond ETFs Have Attracted $75 Billion of Investor Money in October. Are They a Good Choice for Your Cash?
    • Premium Bonds alert over ‘significant’ tax change in Budget – HMRC rules explained
    • ETFs Are Buying C.H. Robinson (CHRW) on Friday
    • RWMHX – American Funds Washington Mutual Investors Fund Class R-5E Fund Stock Price
    • How many Premium Bonds millionaires have been made in YOUR area? More have won £1m in Surrey than Wales!
    • AWSHX – American Funds Washington Mutual A Fund Stock Price
    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

    Should I invest in sector funds such as banking, technology, pharma | Personal Finance

    November 1, 2026

    Index vs actively managed funds: What’s better for new investors? | Personal Finance

    October 31, 2026

    Fundraising dominance of mega-funds wanes in line with performance

    October 30, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Ultra-Short-Term Bond ETFs Have Attracted $75 Billion of Investor Money in October. Are They a Good Choice for Your Cash?

    November 3, 2026

    Premium Bonds alert over ‘significant’ tax change in Budget – HMRC rules explained

    November 3, 2026

    Two Premium Bonds Savers Each Win £1 Million in NS&I’s November 2026 Premium Bonds Jackpot Draw

    November 2, 2026

    ETFs Are Buying C.H. Robinson (CHRW) on Friday

    November 3, 2026
    Don't Miss
    Mutual Funds

    2 ALPS Mutual Funds to Consider for Your Portfolio

    November 3, 2026

    ALPS Advisors, Inc. is an SEC-registered investment advisor. ALPS Advisors advises mutual funds operating under…

    Mutual fund switching may become tax-free: Experts explain SEBI proposal and what could change in capital gains tax rule

    November 3, 2026

    Ultra-Short-Term Bond ETFs Have Attracted $75 Billion of Investor Money in October. Are They a Good Choice for Your Cash?

    November 3, 2026

    Premium Bonds alert over ‘significant’ tax change in Budget – HMRC rules explained

    November 3, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    No longer decoupled: Indian bonds react to global moves – Economy Explained News

    September 12, 2025

    Mid cap funds sink in Sept, but 6 schemes beat the Nifty Midcap 150; Taurus Mid Cap emerges as best performer

    October 6, 2026

    Spot ETF Inflows to Have Weaker Effect on Ether Than Bitcoin

    July 28, 2024
    Our Picks

    2 ALPS Mutual Funds to Consider for Your Portfolio

    November 3, 2026

    Mutual fund switching may become tax-free: Experts explain SEBI proposal and what could change in capital gains tax rule

    November 3, 2026

    Ultra-Short-Term Bond ETFs Have Attracted $75 Billion of Investor Money in October. Are They a Good Choice for Your Cash?

    November 3, 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

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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