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Friday, November 16, 2012 11:38:21 AM
"Agenda Item 10 - Consideration and appropriate action on a proposed Option to Lease Agreement between the Port and Biomass Secure Power, Inc. for approximately 90 acres of property located at the new Inland Rivers Marine Terminal.
Mr. Johnson addressed the Commission by stating that Biomass Secure Power is a company interested in constructing a wood pellet facility on 90 acres of property located at Inland Rivers Marine Terminal. The Option to Lease would allow them to proceed with securing financing for the project. They will make a presentation and present a lease for consideration to the Board in December. Mr. Johnson and staff recommend approval.
On a motion by Ms. Hurst, seconded by Mr. Tilton, the Commission unanimously approved a proposed Option to Lease Agreement between the Port and Biomass Secure Power, Inc. for approximately 90 acres of property located at Inland Rivers Marine Terminal."
October 18th Meeting Minutes - PDF
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