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Port Authority approves memorandum with Sutherland Terminals; company to cover 20% match
Summary
At its Sept. 8 meeting the Port Authority of Evansville approved a memorandum of understanding with Sutherland Terminals LLC that the city says will require no city funding; the company agreed to a 20% match and said it expects to create about 33 jobs.
The Port Authority of Evansville on Monday approved a memorandum of understanding with Sutherland Terminals LLC that will allow the company to make improvements at a river dock; Sutherland will provide a 20% matching contribution and the city reported it will not pay expenses for the work.
The agreement, presented to the Port Authority at its Sept. 8 meeting, covers repairs and upgrades to a dock originally built by Mead Johnson in 1931 that has changed hands several times. Holly Trevino, identified at the meeting as Sutherland’s representative, told commissioners the company plans to expand handling of coal and scrap metal, and said the operation could support future grain work. “Their hopes is to create 33 new jobs export out, not only, coal, but they they actually Sutherland deals in scrap metal. So they'll do scrap metal as well. The future for grains as well,” Trevino said.
Treviso (sic) also said the company will cover the required 20% match for a grant that will fund the work. “The city won't be out any expenses, at all, because the grant will cover everything,” a meeting participant restated during discussion. Meeting participants confirmed the memorandum had been reviewed by city staff (identified in discussion as Marco) and by Sutherland Terminals’ legal department.
Commissioners did not read the full memorandum aloud during the meeting; staff said a description of the improvements exists and that final signed copies would be distributed to commissioners at the following meeting. A motion to accept the memorandum passed; the motion and second were not named on the record and the board voted in favor (recorded as “aye;” roll-call tallies were not specified).
The memorandum formalizes the city’s relationship with Sutherland for the described work and documents the company’s matching commitment. The agreement does not obligate city funds, according to statements made during the meeting. No effective date or detailed schedule for the improvements was given during the discussion.
The Port Authority plans to distribute the signed memorandum to commissioners at the next meeting for their files; no additional formal actions were scheduled on the item at the Sept. 8 session.
