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Port Authority moves to Debtbook accounting and pursues purchase of CSX‑interchange property

Hancock County Board of Supervisors
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Summary

County port/commission staff told the Hancock County Board of Supervisors July 7 that the Port Authority will transition to Debtbook as a sole‑source lease accounting and cash management provider and that the county is moving toward purchase of a roughly 50‑acre property at the CSX interchange; related motions carried.

County staff told the board July 7 that the Port Authority Commission is moving to Debtbook as a sole‑source provider for lease accounting and cash management software as the commission transitions away from a three‑year SAP agreement and from Visual Lease.

Blaine (staff) said Debtbook better meets the commission's lease-accounting and cash‑management needs and that staff vetted the sole‑source criteria. The board approved the sole‑source authorization by voice vote recorded in the minutes as 5-0.

Staff also updated the board on a planned purchase of a roughly 50‑acre property located at the CSX interchange. The seller's availability delayed the closing; staff said they had amended the purchase schedule and were targeting a mid-July closing and would follow up with the board on signatures and final documents.

Board members were told the county may later present a purchase‑sale agreement with development partners and that the closing would likely occur this fiscal year if negotiations proceed. No sale to development partners was finalized at the meeting; the board was only updated on the purchase schedule and authorized staff to proceed with closing arrangements.

Votes and next steps: the board approved the port-related motions, including the Debtbook sole‑source authorization and docket approval, and asked staff to report back with closing details and any purchase‑sale agreements for future board approval.