|Port doing well despite revenue hit in January|
|Written by Don Iler, Pilot staff writer|
|February 21, 2014 09:18 pm|
A decline in property taxes combined with a slow crab season resulted in less money for the Port of Brookings Harbor in January, port officials said.
However, a profitable December helped offset the loss, leaving the port in overall good financial shape, Port Manager Ted Fitzgerald said at this week’s port commission board meeting.
The port had a $7,884 revenue shortfall in January, but Katrien Mueller, the port’s finance director, said Thursday that the port is still in good a financial position.
“We took in $28,000 in December, so we’re still on track and looking really good,” Mueller said.
In related business, the commission approved hiring Berger ABAM, of Portland, to develop a strategic plan for the port. Oregon requires all ports to develop strategic plans. The company was the only one to submit a bid. The port is liable for $17,000 of the cost for the plan, with the rest — $60,000 — funded by the state.
Fitzgerald said people from the company had already visited the port several times and the company has completed plans for other ports, including Bandon, The Dalles, the Port of Morrow and Garibaldi.
Berger ABAM will also complete strategic plans for other ports on the South Coast, including Port Orford, Gold Beach and Coos Bay.
Fitzgerald said since the firm is completing plans for the other ports in the region, it will help to align them to ensure the ports are working from the same template and would include language about dredging needs.
“(The strategic plan) will focus heavily on infrastructure needs as well as development of real-life revenue opportunities,” Fitzgerald said.
Fitzgerald also said the strategic plan will address what to do with the unfinished and long-vacant green building. The green building, which began construction about 10 years ago, has stood unfinished and vacant after tenants failed to materialize. The structure began construction with an $800,000 loan from the state Economic Development Commission, on which the port is still paying money.
In November, the port finalized costs on various options for the green building. The green building is not up to code and would require an additional $1.5 million to make it ready for tenants. Tearing down the building would cost about $183,000.
In other business the port commission:
• Renewed the lease for j. sloane Hair Studio for one year. Its rent was increased from $1.10 per square foot to $1.15.
• Talked about the success of the Crab Festival and how it has potential to grow and improve in the future.
The Port of Brookings Harbor board of commissioners meets the third Tuesday of every month.