The Port of Coos Bay lost its third and final partner in the development a coal export terminal. California-based Metro Ports allowed its exclusive negotiating contract with the Port to expire 3/31/13. Last month, Metro Ports filed a 30-day extension of the negotiating contract after learning that the last two companies being courted as partner investors, Japanese-based Mitsui Company and Korean Electric Power Corporation, lost interest in the project.
UPDATE The Port of Coos Bay, in a press release, plans to continue with the business of appearing to meet the requirements of a taxpayer funded economic development agency.
“The Port is moving on to the next phase,” said CEO David Koch. “We will focus on pursuing a viable maritime development project that can capitalize on the Coos Bay harbor’s unique characteristics – developable land, an extremely short transit to Pacific trade routes and an experienced maritime labor force.”
Port staff intends to begin discussions internally about import/export cargo development opportunities for port-owned industrial property. Ultimately, the Port may bring the discussion forward later this year to the port commission for solicitation of proposals to explore a broad range of marine cargo opportunities
What our own Mr. Koch means is, “we are going to find another Mission Impossible to sell to these local yokuls, all we got to do is lie through our teeth about jobs and a future for their children. These local fools fall for it every time, it’s amazing, but I’m sure glad they do, he he, I love my package.”
It should be noted that the only projects this county takes on are destined to fail, it doesn’t matter, they get paid just the same. That’s all this latest pipe dream is, a guarantee for their next paycheck for decades. Rusted railroad that will never be able to compete with the new double decker freight cars, and this railroad will never be able to pull that one off.
They don’t care, they’ll pimp this dumb-ass railroad idea as long as they possibly can.
We don’t need a Port office more than a secretary and a small office to service the 20 ships that usually come here every year.
A million dollar dredging for a couple dozen ships a year. That’s what you are paying for folks.
And stop falling for their BS, educate yourself on what they have done in forty years, not what they tell you they are going to do.
Good ride while it lasted, we need to lock the door until the economy picks up. Period.
Sause and Knutson will never allow it. Those two are the real Dons of Coos County, the rest are just Fredos.
“The Port is moving on to the next phase,” said CEO David Koch. “We will focus on pursuing a viable maritime development project that can capitalize on the Coos Bay harbor’s unique characteristics – developable land, an extremely short transit to Pacific trade routes and an experienced maritime labor force.”
Why David, what a novel idea. You are a genius, no one has EVER said that to we tax payers who pay your wages.
We are SO proud to have you among us. I just know you are going to ‘find that next phase’.
How about this one David, lock the doors and wait until the economy picks up and people are working again in Coos County. We could use the tens of millions you blow every year for other very important things like, oh I don’t know, education or public safety, or the jail, or more training for officers and firemen.
Try that on for size.
You’re new here, we’ve been to this rodeo for decades here in Coos County, but I will admit, you’re a fast learner.
Same as it ever was.
As Wim would say – Read my book! What’s next?