West Virginia Public Port Authority - PowerPoint PPT Presentation

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West Virginia Public Port Authority

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    1. West Virginia Public Port Authority Patrick J. Donovan - Director

    2. West Virginia Ports, Inc. An Export Trading Company

    3. West Virginia Ports, Inc. Business Line of Port Operations Responsible for the operation of ports and terminals Self-sustaining

    4. Development Funding An Operations fund as called for in the Authoritys enabling legislation ( 17-16B-7) Dedicated funding stream consisting of: Existing tax revenue Fuel burn-off tax from Class 1 Railroads Apportionment of the maritime diesel fuel tax Possibility of leveraging bonding monies to develop traditional and non-traditional port projects

    5. I 2

    6. I 2 Voluntary partnership Transportation carriers Private Shippers Logistics providers West Virginia Ports, Inc. Port of Huntington Tri-State Virtual Port Enables local, regional, national, and global intermodal users direct access via the internet Exploit port locations within the Port of Huntington Tri-State to leverage the Prichard Intermodal Facility

    10. Prichard Intermodal Facility

    11. Regional Rail Feasibility Study

    12. Geographic Corridors Huntington to Charleston Morgantown to Clarksburg Bluefield/Princeton to Beckley Eastern Panhandle Northern Panhandle Financial strategies Facility site pre-engineering and design to develop cost State Investment options Federal Investment options Bonds, TIF, PPP Sustainability of Operations strategies Public Quasi-public Public/Private Private Market Analysis Potential local and regional rider ship potential terminals and parking venues located along the existing rail near major highway infrastructure

    13. West Virginia Public Port Authority Patrick J. Donovan, Director PDonovan@dot.state.wv.us 304-558-0330 WVPPA website http://www.wvdot.com