Dredging costs, schedule coming into focus

Published: Thursday, April 17, 2014 at 11:24 AM.

Port St. Joe Port Authority chair Leonard Costin talked last week about the work the board is doing to try to make the “impossible possible.”

A letter approved and forwarded to the U.S. Army Corps of Engineers brings the possible significantly closer.

The letter was sent to the regional Corps Office and begins the process of entering an agreement that would put the Corps as lead on the dredging of the federally-authorized shipping channel while the Port Authority and its engineer concentrate on permitting for spoil disposal.

An agreement, or Letter of Intent, with the Corps also brings a fixed cost and a schedule.

Under the agreement, called a “contributed funds agreement,” the Port Authority would provide the funding and the Corps would continue the work on securing a dredge permit and subsequently contract out the project.

The letter is non-binding. The Port Authority is held to nothing if it can not secure state funding for the dredging.

The cost of the dredging would not exceed $40 million, Costin said.

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