Biloxi Marsh Lands Corporation Establishes Relief Fund for St. Bernard Parish; BLMC Launches Fund with $150K Donation and Match
August 24 2006 - 11:00AM
Business Wire
Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) announced today
the formation of the Biloxi Marsh Disaster Relief Fund Corporation,
a 501(c)(3) non-profit organization whose mission is to provide
financial assistance to residents, businesses, and government
agencies of St. Bernard Parish who suffered extensive losses due to
Hurricane Katrina. "Our immediate goal is to communicate to the
region and the world that the citizens of St. Bernard Parish still
need help to rebuild their community," said William B. Rudolf,
President of the Metairie, LA-based land company, Biloxi Marsh
Lands Corporation. "As we approach the one year anniversary of
Katrina's devastation, we need to ensure that the nation remains
aware of the plight of St. Bernard Parish and the overwhelming
obstacles still faced by residents," he said. Biloxi Marsh Lands
Corporation's initial donation to the Biloxi Marsh Disaster Relief
Fund is $150,000.00. Rudolf also announced that his company will
match up to 50% on the dollar for the first $300,000.00 donated to
the fund by other individuals or companies, bringing the total
committed by Biloxi Marsh Lands Corporation to $300,000.00. "I
anticipate that other businesses that operate in St. Bernard Parish
will donate to the fund and support the recovery here," said
Rudolf. Biloxi Marsh Lands Corporation, founded in the 1930's, is
the largest landowner in St. Bernard Parish and currently partners
with the State of Louisiana to provide the public with 40,000 acres
in Upper St. Bernard Parish on which they can hunt and fish free of
charge. This area, known as the Biloxi Wildlife Management Area, is
utilized by sportsmen and commercial fishermen, as well as boaters
and bird watchers. "The leadership demonstrated by Biloxi Marsh
Lands Corporation is inspiring and shows the rest of the country
that we locals are stepping up the plate and leading our own
recovery," said St. Bernard Parish President Junior Rodriguez. "My
hope is that the general public and other area businesses follow
suit and donate to the Biloxi Marsh Disaster Relief Fund
Corporation, allowing Biloxi Marsh Lands Corporation the chance to
fulfill its matching obligation," he said. The Biloxi Marsh
Disaster Relief Fund Corporation gave $25,000.00 to help establish
Camp Hope, an effort to house and feed volunteers who have come to
St. Bernard Parish to gut and clean homes in the wake of Hurricane
Katrina. Going forward, the Biloxi Marsh Disaster Relief Fund
Corporation will initially focus efforts on raising awareness and
donations to the fund. After adequate funds are raised which will
allow the fund to provide meaningful assistance to the community,
the fund will commence dispersing funds to needy recipients based
upon a formal application process. Through this process, the
potential recipients must clearly demonstrate a need based on
hurricane-related losses. Recently announced members of the Board
of Directors for the Biloxi Marsh Disaster Relief Fund Corporation
include William B. Rudolf, President of Biloxi Marsh Lands
Corporation; John F. Bernard, President of Lake Eugenie Land &
Development, Inc; Matthew ("Matt") J. Randazzo, III, a Partner with
Gordon, Arata, McCollam, Duplantis & Eagan, L.L.P.; Daniel L.
Dysart, a Partner with Dysart & Tabary LLP, Law Firm and a
Member of St. Bernard Parish Citizens Recovery Committee and
Charles H. Reppel, Sr., Special Assistant to the St. Bernard Parish
President. To instill added credibility to the Biloxi Marsh
Disaster Relief Fund Corporation, the fund has retained KPMG. KPMG
is a global network of professional firms providing Audit, Tax and
Advisory services. KPMG operates in 144 countries and has over
6,700 partners, 76,000 client service professionals, and 21,000
administration and support staff working in member firms around the
world. To donate to The Biloxi Marsh Disaster Relief Fund
Corporation, visit www.selarelief.com or contact Eric Zollinger at
504/837-4337. More information on Biloxi Marsh Lands Corporation
can be found on the web at www.biloximarshlandscorp.com.
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