Judge rules against Port Authority in foreclosure

Published: Thursday, February 20, 2014 at 11:08 AM.

“We all thought that it was a good deal at the time,” White said.

While the barge bulkhead would be, as Port Authority chair Leonard Costin said last week, “gravy” for an operational port, it is not central to the current effort to establish a deepwater facility.

The dredging of the ship channel and efforts by the St. Joe Company to market the Port of Port St. Joe are tied to the old mill site bulkhead and the federally-authorized shipping channel and turning basin.

The Port Authority also has unencumbered possession of the old Arizona Chemical site, which provides a rail link and utility infrastructure.

“Our charter is to generate jobs,” Costin said. “We are all trying to create jobs and get our port going. 

“We lost this battle but we are going to win the war.”

 



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