St. Joe agreement 'game changer' for port

Published: Thursday, May 23, 2013 at 09:20 AM.

"The relationship between Green Circle and St. Joe is a step toward creating jobs and revitalizing the Port of Port St. Joe," said Park Brady, CEO for The St. Joe Company.

The key for the Port of Port St. Joe is that the LOI changes the dynamics on maintenance dredging, a top priority for the partners, St. Joe and the Port St. Joe Port Authority, in growing the port.

The plans to ship through the Port of Port St. Joe are contingent on the maintenance dredging which has become a top priority for St. Joe and the Port St. Joe Port Authority.

"This is exciting news for the Port Authority," said Leonard Costin, Chairman of the Port St. Joe Port Authority. "With the commitment from Green Circle Bio Energy, the Port Authority can now move forward with grant proposals for funding the ship channel dredging."

The partners in developing the Port of Port St. Joe have been lobbying the U.S. Army Corps of Engineers and the Florida Department of Transportation concerning the maintenance dredging.

A FDOT grant of some $1 million is available for the Port of Port St. Joe pending a local match. There are also some federal monies available if dredging moves forward.

St. Joe has already secured a FDOT grant for improvements to the old AN Rail line, work that should be completed sometime early next year.

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