Thursday, October 1, 2009

U.S. House approves funding needed to deepen the SJR

House OKs funds to deepen St. Johns

From the Jacksonville Business Journal
Thursday, October 1, 2009
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The more than $900,000 needed to finish deepening the St. Johns River to 40 feet so larger ships can call on the port was approved by the U.S. House Thursday.

The funding provided through the Energy & Water Appropriations Act for fiscal year 2010 still has to approved by the U.S. Senate and signed into law by the president.

“With completion of this project, Jaxport’s three cargo terminals will share a 40-foot depth,” said Rep. Cliff Stearns, R-Ocala, who introduced a request for the funding.

The Jacksonville Port Authority wants to deepen the river channel to about 50 feet by 2014 to coincide with the opening of the expanded Panama Canal, which will allow larger ships to call on the port. The project is expected to cost about $500 million.

http://jacksonville.bizjournals.com/jacksonville/stories/2009/09/28/daily43.html

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