Three port projects presented to committee; projects not yet funded
Summary
Port and maritime staff presented three port-priority projects (Terrebonne Port Bayou LaCarpe North facility, Caddo-Bossier rail spur/warehouse, Cameron Parish loop/dock improvements). Staff said projects will enter the funding queue pending the committee vote; many ports can bond against priority dollars to access near-term cash.
Representatives of DOTD's port program told the committee about three priority projects that had been presented previously: an industrial facility for the Terrebonne Port Commission (Bayou LaCarpe North), a Caddo-Bossier rail spur and multimodal warehouse and dock expansion work for Cameron Parish. Staff said the projects are not yet funded; when the committee votes next Monday they will enter the queue and ports often use priority status to bond and secure interim funding.
DOTD staff described the statutory selection criteria for port projects (verifiable need, benefit-cost ratio greater than 1 and a return on investment threshold) and said projects will be placed into the queue once the committee advances them.
Committee members thanked staff and suggested future presentations mirror the agenda order to aid review.
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