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Gulf County pushes $78 million floating dry dock project; seeks state, local grants
Summary
Economic development officials said the county’s revised application now frames a $78 million floating dry dock as part of a $124 million package and adds the port authority as co-applicant to capture dredging funds and workforce training metrics.
Gulf County economic-development staff told commissioners on April 22 that a revised application for a floating dry dock now describes a $78 million project that is part of a larger $124 million investment once Eastern’s equipment funding is included.
The county’s Economic Development Council representative Jim McKnight said the application change added the Port Authority as a co-applicant and made it possible to reassign an existing $15 million Triumph grant for dredging to the dry-dock project, reducing the new money…
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