Dredging permit process inches forward

Published: Thursday, October 17, 2013 at 09:39 AM.

The St. Joe Company, the Port Authority’s collaborator on developing the Port of Port St. Joe, has two Letters of Intent with regional energy companies to ship wood pellets through the Port of Port St. Joe.

Those LOIs hinge significantly on the dredging of the shipping channel by 2015.

 Ancillary to the dredging permit is seeking economic justification, based on return on investment, to help build the case for the dredging.

The Port Authority has explored contracting for a study, but cost is prohibitive. The hope is to solicit assistance from the Haas Center at the University of West Florida, which researches and analyzes economic trends in Northwest Florida.

A representative from the Haas Center was due at last week’s meeting, but was unable to make the meeting to provide more details.

If the Center is able to do the work, it could perform the study faster and at less expense, Pitts said.

The cost of the study could come from the Florida Department of Transportation grant to the Port Authority to pursue the dredge permit.



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