When: Monday, November 25th
Time: 10:00 – 10:30 am
Where: Ocean Gateway Terminal
Summary of Event:
Portland Mayor Michael Brennan and members of Portland's delegation will highlight the recently approved $100,000,000 bond referendum (Question 3) "related to the reconstruction and rehabilitation of highways and bridges, and for facilities or equipment related to ports, harbors, marine transportation, freight, passenger railroads, aviation and transit. These funds will be used to match an estimated $154,000,000 in federal and other funds." Mayor Brennan wishes to thank those responsible and to share with the public what these critical funds will mean to Portland, specifically:
1. $9,000,000 for property acquisition, rail connectivity and site preparation at the International Marine Terminal in support of Eimskip cargo shipping services.
2. $ 1-2 million for Ocean Gateway Facility upgrades to support passenger ferry service to Nova Scotia.
3. $3 million for dredging Portland’s waterfront to open up access of the piers to support increased commerce.
4. $1 million for Fish Exchange facility and equipment improvements.
5. Funding for a planning study supporting an improved rail and bus Intermodal facility at Thompson’s Point.
Senate President Justin Alfond, Delegate Dick Farnsworth, a Fish Exchange representative, business owners and other officials will also attend.
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