Posted Apr 19, 2010, 9:33 PM
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Registered User
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Join Date: May 2003
Location: Gulf Breeze, Fl.
Posts: 179
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Some more news about the new port tenant, sounds like a good investment to me.
Quote:
City offers $150,000 for port customer
Mark O'Brien's O'pinions
Posted 4/19/2010 11:58 AM EDT on pnj.com
The City of Pensacola is offering $150,000 as an incentive for a company to do more business at the port.
The money will come from the Community Redevelopment Agency and encourage Offshore Inland Marine to become a more permanent part of the port, where it has been a tenant since last year.
One quirk: Offshore makes its money servicing the offshore oil and gas industry, and the City Council has opposed offshore drilling.
Oh, well.
Offshore Inland and the port have tentatively agreed on a two-year lease that will generate $340,0000 to $550,000 a year for the city-owned facility.
The City Council will discuss the proposals today. Committee meetings begin at 1:30 at City Hall.
Since mid-December, four vessels have come to the port for Offshore Inland's Service Center and stayed "extended periods," according to a memo from City Manager Al Coby. The visits generate lots of economic activity: dozens of people working at the port, more than 250 hotel room nights for contractors, and 140 passengers using Pensacola-Gulf Coast Regional Airport, just to mention some of the expenditures.
Coby says the $150,000 in economic incentives makes sense since the port is part of the downtown area served by the CRA.
http://www.pnj.com/apps/pbcs.dll/sec...Id=personaDest
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