- Associated Press - Friday, December 18, 2015

SOUTHPORT, N.C. (AP) - The North Carolina Port Authority is selling a 42-acre marina that it owns in Southport.

Local media outlets report the authority board agreed Thursday to sell the property for $5.32 million to Southport Marina Inc., the company which has been leasing the marina for the past decade. The deal must still be approved by the North Carolina Council of State.

The property, which includes a 15-acre basin with 200 slips and a dry-rack boat storage facility, was listed last January.

The state has owned the marina since the 1960s.

When the marina was leased to the parent company of the current operators, there was an investigation into whether then-Gov. Mike Easley leased it political supporters. The state ethics board found no basis for the allegation and dismissed the complaint.



Click to Read More

Click to Hide