Jacksonville P.A. To Spend $25.5 Million To Expand Blount Island Facility

The Jacksonville Port Authority has budgeted nearly $34 million for capital improvement projects in the coming year, according to John R. Mackroth, Jacksonville Port Authority managing director. The planned expenditures are almost equally divided between the Marine and Aviation Divisions. However, operating revenue will fund the greater portion of the marine projects, while federal and state government grants, if available, will be used to pay for most of the aviation improvements.

"Scheduled for the Marine Division is a 1,150-foot extension of the marginal wharf and expansion of the container storage area at Blount Island," Mr. Mackroth said. "This work is expected to cost $25.5 million and will take three years to complete. It will be financed in part with a $25- million revenue bond issue, $6.7 million of which will be spent in fiscal 1981." Another $9.9 million in operating funds will be used to pay for the remaining capital projects, he said. They include $3.8 million to complete an import auto processing complex on Blount Island on which construction was begun in fiscal 1980, and construction of a security gate and truck inspection facility, utility plant improvements, and an equipment storage complex, all at Blount Island.

$1.6 million is scheduled to be spent on land improvements to provide additional paved open storage space. The closure wharf across Slip Two will be completed but the remainder of the project, including the filling in of Slip Two, is expected to take another two years.

Maritime Reporter Magazine, page 32,  Jan 15, 1981 Mississippi

Read Jacksonville P.A. To Spend $25.5 Million To Expand Blount Island Facility in Pdf, Flash or Html5 edition of January 15, 1981 Maritime Reporter

Other stories from January 15, 1981 issue

Content

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.