Port foreclosure hearing this week

Published: Thursday, July 18, 2013 at 10:21 AM.

St. Joe has indicated a willingness to consider providing company-owned lands for spoil sites – an important hurdle – and it remains a potential that some dredged material be suitable for beach nourishment.

Pitts also noted that the two LOIs would meet the tonnage threshold requirements for the Corps to step in and dredge.

Another arrow in the port’s quiver is also that maintenance dredging, once done, would only need to be repeated every eight to 10 years as opposed to many ports that require such dredging on an annual or biannual basis, Pitts said.

“I am optimistic about getting certification,” said Port Authority board chairman Leonard Costin. “It is the same problem we have had. We have an ambitious objective of getting the dredging done in two years.”

The Port Authority board last week approved Hatch Mott McDonald as the engineering firm that will undertake the work required for permitting.

“We can not proceed with task specifics (in order to assess the costs) until we receive clarification on the direction we will go,” Pitts said.

Operational funds

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