BOCC engages to maintain public access to St. Vincent

Published: Thursday, April 24, 2014 at 10:12 AM.

Port support

The BOCC also lent some support on two fronts to the Port St. Joe Port Authority.

Commissioners agreed, 4-1 with Commissioner Carmen McLemore dissenting, to try to broker an agreement over a $200,000 loan the BOCC provided the Port Authority several years ago.

That loan was collateralized with the barge terminal land which the Port Authority recently lost in foreclosure.

The Port Authority has expressed a willingness to provide the old Arizona Chemical property – owned free and clear by the Port Authority – as collateral.

The Port Authority is also seeking an extension of up to three years on the first payment due on that loan, which is due next month and which the Port Authority lacks the funds to pay.

“That money is for economic development and the best viable option for that is the port so I support that,” Yeager said.



1 2 3 4 5 6
Next

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

COMMENTS
▲ Return to Top
 

Get new customers and grow your business with Daily Deals.com - see how it works