Oak Island moves closer to buying Yaupon Pier
The Oak Island Town Council has taken another step towards the purchase of the Yaupon Peir.
By a vote of three to two last night, the council accepted a $300,000 state grant to help with the $1.5 million purchase of the pier.
The grant requires the town to match twenty-five percent. This grant will be added to a $500,000 grant already approved by the town.
The pier needs about $200,000 in repairs.
Mayor Johnie Vereen says the town still has pending grant applications he hopes will cover the additional costs.
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