Legislature(2011 - 2012)SENATE FINANCE 532

02/23/2011 09:00 AM Senate FINANCE


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09:02:10 AM Start
09:04:21 AM Overview of Statewide Port and Harbor Projects: Skagway; Port Mackenzie; Anchorage Port
02:57:06 PM Adjourn
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
-- At-Ease to 2:00 p.m. --
+ Overview of Statewide Port and Harbor Projects: TELECONFERENCED
Skagway, Port MacKenzie, Anchorage Port
+ Bills Previously Heard/Scheduled TELECONFERENCED
                 SENATE FINANCE COMMITTEE                                                                                       
                     February 23, 2011                                                                                          
                         9:02 a.m.                                                                                              
                                                                                                                                
9:02:10 AM                                                                                                                    
                                                                                                                                
CALL TO ORDER                                                                                                                 
                                                                                                                                
Co-Chair  Stedman   called  the  Senate   Finance  Committee                                                                    
meeting to order at 9:02 a.m.                                                                                                   
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Senator Lyman Hoffman, Co-Chair                                                                                                 
Senator Bert Stedman, Co-Chair                                                                                                  
Senator Lesil McGuire, Vice-Chair                                                                                               
Senator Johnny Ellis                                                                                                            
Senator Dennis Egan                                                                                                             
Senator Donny Olson                                                                                                             
Senator Joe Thomas                                                                                                              
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
None                                                                                                                            
                                                                                                                                
ALSO PRESENT                                                                                                                  
                                                                                                                                
Karen Rehfeld,  Director, Office  of Management  and Budget;                                                                    
Governor Bill  Sheffield, Port Director, Port  of Anchorage;                                                                    
Representative  Bill Stoltze;  Todd  Cowles, Port  Engineer,                                                                    
Port  of Anchorage;  Emily Cotter,  Director of  Marketing &                                                                    
Public Affairs,  Port of  Anchorage; Elizabeth  Gray, Acting                                                                    
Borough  Manager,  Matsu  Borough;  Joe  Perkins,  Executive                                                                    
Project  Manager, Port  Mackenzie Rail  Extension; Dr.  Paul                                                                    
Metz,  Professor of  Geological  Engineering, University  of                                                                    
Alaska;  Chris  Aadnesen,  Chief Executive  Officer,  Alaska                                                                    
Railroad  Corporation;  Tom  Cochran, Mayor,  Skagway;  Paul                                                                    
Taylor,   Selwyn-Chihong   Mining;  Mark   Davis,   Economic                                                                    
Development,  Alaska   Industrial  Development   and  Export                                                                    
Authority                                                                                                                       
                                                                                                                                
SUMMARY                                                                                                                       
                                                                                                                                
^Overview of  Statewide Port  and Harbor  Projects: Skagway;                                                                    
Port Mackenzie; Anchorage Port                                                                                                  
                                                                                                                                
9:04:21 AM                                                                                                                    
                                                                                                                                
KAREN  REHFELD, DIRECTOR,  OFFICE OF  MANAGEMENT AND  BUDGET                                                                    
(OMB) stated that  there was $360 million  in the governor's                                                                    
budget for the three ports.                                                                                                     
                                                                                                                                
Co-Chair  Hoffman stated  that there  was a  project in  his                                                                    
district that would provide jobs:  the Don Creek project. He                                                                    
stated  that  they  had  worked   to  develop  projects.  He                                                                    
wondered if  the size  of the project  was large  enough for                                                                    
the  state for  develop  that resource.  He  wondered why  a                                                                    
project   that  would   provide  800   jobs  would   not  be                                                                    
considered. Ms. Rehfeld  stated that OMB had  not received a                                                                    
request, but remarked  that it was an  important project for                                                                    
the region.                                                                                                                     
                                                                                                                                
Co-Chair  Hoffman felt  that the  project was  important for                                                                    
the state. Ms. Rehfeld agreed.                                                                                                  
                                                                                                                                
Co-Chair Stedman  stated that the  hearings did  not include                                                                    
all  the ports  in the  state, and  there was  only so  much                                                                    
money that could be used.                                                                                                       
                                                                                                                                
9:10:43 AM                                                                                                                    
                                                                                                                                
Senator Olson  wondered if the  members should focus  on the                                                                    
three  ports in  the presentation.  Co-Chair Stedman  stated                                                                    
that he  understood that there  were many projects,  but the                                                                    
three ports were the focus of the presentation.                                                                                 
                                                                                                                                
GOVERNOR BILL  SHEFFIELD, PORT DIRECTOR, PORT  OF ANCHORAGE,                                                                    
presented  a PowerPoint  Presentation:  "Port of  Anchorage"                                                                    
(copy on file). He highlighted  slide 2, and stated that the                                                                    
map displayed the impact of the Port of Anchorage.                                                                              
                                                                                                                                
Governor  Sheffield   highlighted  slide  3:  "Cargo   at  a                                                                    
Glance."  He stated  that the  port  saw 120,000  containers                                                                    
annually and 11 million barrels of fuel annually.                                                                               
                                                                                                                                
Governor  Sheffield displayed  slide 4:  "Military Support."                                                                    
He stated that the port  was designated by the Department of                                                                    
Defense and a nationally strategic seaport.                                                                                     
                                                                                                                                
9:16:10 AM                                                                                                                    
                                                                                                                                
Governor   Sheffield  discussed   slide   5:  "Revenue   and                                                                    
Operating Projections." He explained  that the was from $5.8                                                                    
million in 2011 to 10.6 million in 2021.                                                                                        
                                                                                                                                
Governor Sheffield  highlighted slide 6:  "Project History."                                                                    
He  explained that  when he  joined  the port,  it was  very                                                                    
dilapidated.  It  was still  fairly  safe,  but needed  more                                                                    
money for upkeep.                                                                                                               
                                                                                                                                
Governor Sheffield displayed  slide 7: "Intermodal Expansion                                                                    
Project." He  stated that the  slide displayed a  before and                                                                    
after projection.                                                                                                               
                                                                                                                                
Governor  Sheffield discussed  slide 8:  "Phasing Plan."  He                                                                    
explained  that  the  greatest challenge  was  to  be  under                                                                    
construction and open for business at the same time.                                                                            
                                                                                                                                
9:23:00 AM                                                                                                                    
                                                                                                                                
Co-Chair Hoffman  requested the  process for  getting design                                                                    
input  from  shippers  that  were  utilizing  the  facility.                                                                    
Governor  Sheffield replied  that  there  were meetings  and                                                                    
consultations pertaining to their needs.                                                                                        
                                                                                                                                
Co-Chair Hoffman furthered that he  was curious as to if the                                                                    
meetings  were incorporated  into  the design  and need  for                                                                    
expansion. Governor Sheffield  responded that those meetings                                                                    
were utilized.                                                                                                                  
                                                                                                                                
Co-Chair   Hoffman  wondered   if   the  improvements   were                                                                    
documented.  Governor  Sheffield  affirmed  that  there  was                                                                    
documentation..                                                                                                                 
                                                                                                                                
Co-Chair    Stedman   requested    analysis   of    customer                                                                    
involvement.  Governor  Sheffield  agreed  to  provide  that                                                                    
information.                                                                                                                    
                                                                                                                                
Governor Sheffield  continued to discuss slide  8. He stated                                                                    
that construction  would begin in  the blue area of  the map                                                                    
in 2018, and would be complete in 2021.                                                                                         
                                                                                                                                
Co-Chair Stedman  encouraged a focus of  financial requests,                                                                    
construction, and timelines of the project.                                                                                     
                                                                                                                                
9:28:41 AM                                                                                                                    
                                                                                                                                
Governor  Sheffield  displayed   slide  9:  "Employment  and                                                                    
Payroll." He  pointed out  that there  were between  600 and                                                                    
3,600 vehicles a day.                                                                                                           
                                                                                                                                
Governor   Sheffield   highlighted  slide   10:   "Companies                                                                    
involved  in Expansion  Project."  He pointed  out that  200                                                                    
companies were involved in the port.                                                                                            
                                                                                                                                
Governor  Sheffield  displayed  slide  11:  "Land  Use."  He                                                                    
displayed slide 12: "Port Expansion Team."                                                                                      
                                                                                                                                
Governor  Sheffield  highlighted  slide  13:  "Funding."  He                                                                    
explained  the funds  received to  date  were $279  million:                                                                    
$138.7 in federal  funds, $91.3 million in  state funds, and                                                                    
$49.1 million in port of Anchorage funds.                                                                                       
                                                                                                                                
Co-Chair  Stedman referred  to  slide 12  and requested  the                                                                    
tie-in  of  the responsibilities  of  the  project with  the                                                                    
Integrated  Concepts  and   Research  Corporation.  Governor                                                                    
Sheffield responded that he would  highlight that issue in a                                                                    
future  slide. He  explained that  MARAD hired  a contractor                                                                    
for the development.                                                                                                            
                                                                                                                                
Governor   Sheffield  discussed   slide  14:   "State  Funds                                                                    
Received to Date."  He stated that the total  funds that the                                                                    
port had received to date were $91.290 million.                                                                                 
                                                                                                                                
Governor  Sheffield  displayed   slide  15:  "Federal  Funds                                                                    
Received."  He stated  that the  port had  received $138.676                                                                    
million in federal funds.                                                                                                       
                                                                                                                                
Co-Chair Stedman quiered the  expectation of federal funding                                                                    
for  the  port Governor  Sheffield  replied  with slide  19:                                                                    
"Projected  Expenditures and  Funding." He  stated that  the                                                                    
top  box  displayed   the  expenditures.  He  specicifically                                                                    
pointed out  the North  End line. He  stated that  the North                                                                    
and South End  would be done at the same  time. He furthered                                                                    
that the  total expenditure cost  would be $922  million. He                                                                    
remarked  that that  total did  not  include costs  incurred                                                                    
from faulty work in 2009.                                                                                                       
                                                                                                                                
Co-Chair  Stedman wondered  if the  $20 million  was in  the                                                                    
governor's capital  budget. Governor Sheffield  replied that                                                                    
they had requested $320 million  in order to start the south                                                                    
end project. He pointed out  that they had not requested any                                                                    
federal funds for  2012 and 2013, because  of government cut                                                                    
backs. He  stated that  they would ask  for more,  when they                                                                    
became available.                                                                                                               
                                                                                                                                
9:37:29 AM                                                                                                                    
                                                                                                                                
Co-Chair Stedman queried the fund  balance of the cash carry                                                                    
forward. He wondered  what would happen if they  did not get                                                                    
the  $300  million  additional request.  Governor  Sheffield                                                                    
replied that they would be behind schedule.                                                                                     
                                                                                                                                
Co-Chair Stedman  wondered if  they would  be in  a negative                                                                    
balance. Governor replied that money was not spent.                                                                             
                                                                                                                                
Co-Chair Hoffman  looked at slide  19, and wondered  if port                                                                    
funds were expended  on the project prior  to 2011. Governor                                                                    
Sheffield replied  that they had  a line of credit  plus $50                                                                    
million.                                                                                                                        
                                                                                                                                
Co-Chair   Hoffman  wondered   why  port   funds  were   not                                                                    
anticipated from 3012 to  2017. Governor Sheffield responded                                                                    
that the  funds were available,  but were kept in  the trust                                                                    
account.                                                                                                                        
                                                                                                                                
Co-Chair Hoffman  wondered why port funds  were not included                                                                    
under commercial paper. Governor  Sheffield stated that they                                                                    
could only borrow a certain amount.                                                                                             
                                                                                                                                
9:42:09 AM                                                                                                                    
                                                                                                                                
Co-Chair  Stedman  requested further  explanation  regarding                                                                    
commercial paper.  Governor Sheffield replied that  it would                                                                    
be rolled over every 30 days.                                                                                                   
                                                                                                                                
Co-Chair  Hoffman wondered  if  any federal  funds had  been                                                                    
earmarked prior  to 2011 and  wondered how  certain Governor                                                                    
Sheffield  was  in  budgeting  money  after  2012.  Governor                                                                    
Sheffield  replied   that  the   project  was   of  national                                                                    
significance,  and was  confident  that  they could  receive                                                                    
money  through  other  departments like  the  Department  of                                                                    
Defense (DOD).                                                                                                                  
                                                                                                                                
Co-Chair Hoffman pointed  to slide 15, and  remarked that no                                                                    
funds  were  received  from  DOD.  He  wondered  if  he  had                                                                    
received communications  from the federal  agencies implying                                                                    
a  plan  to  designate   funds  for  the  project.  Governor                                                                    
Sheffield  responded that  money  was  designated, but  when                                                                    
Congress changed parties, they lost their $10 million.                                                                          
                                                                                                                                
9:49:06 AM                                                                                                                    
                                                                                                                                
Governor Sheffield highlighted slide  16: "Funds Expended on                                                                    
Project." He  explained that $265 million  had been expended                                                                    
to date.                                                                                                                        
                                                                                                                                
Governor Sheffield discussed  slide 17: "Budget Comparison."                                                                    
he noted the influx of $674 million from 2005.                                                                                  
                                                                                                                                
Co-Chair  Hoffman  wondered  what  work had  been  done  for                                                                    
projects  that did  not  meet  requirements and  duplicative                                                                    
work.  Governor Sheffield  remarked  that there  was not  an                                                                    
accurate accounting of the duplicates.                                                                                          
                                                                                                                                
Co-Chair Hoffman  queried the time  frame for  providing the                                                                    
information. Governor Sheffield replied that he was unsure.                                                                     
                                                                                                                                
Co-Chair Hoffman  looked at  slide 19,  and wondered  if the                                                                    
plan  had been  adopted  by the  Municipality of  Anchorage.                                                                    
Governor Sheffield  affirmed that the plan  had been adopted                                                                    
by the Municipality of Anchorage.                                                                                               
                                                                                                                                
9:56:47 AM                                                                                                                    
                                                                                                                                
Governor  Sheffield discussed  slide 20:  "2011 Construction                                                                    
Details." He stated that the  current year jumped from $37.7                                                                    
million to $51.2 million with initiated design.                                                                                 
                                                                                                                                
Governor    Sheffield    highlighted   slide    21:    "2011                                                                    
Construction." He  pointed out  that the left  displayed the                                                                    
wet-dock area  and the  right side  represented the  wall of                                                                    
sheet pile and the tail  walls needed to be inspected behind                                                                    
the  tail   walls.  He  stated   that  the   bottom  picture                                                                    
represented  what the  port  would look  like  later in  the                                                                    
year.                                                                                                                           
                                                                                                                                
Co-Chair  Stedman  asked  for  further  description  of  the                                                                    
difference in  the construction diagrams. He  wanted to know                                                                    
if  it was  a $20  million appropriation  or a  $320 million                                                                    
appropriation.   TODD  COWLES,   PORT   ENGINEER,  PORT   OF                                                                    
ANCHORAGE,   responded  that   the  change   would  have   a                                                                    
significant  effect. He  stated that  the undertaking  would                                                                    
prove the insulation and delay the project.                                                                                     
                                                                                                                                
Co-Chair Stedman surmised that  the $20 million request from                                                                    
the   governor    would   provide   only    demolition   and                                                                    
reconstruction. Mr. Cowles agreed.                                                                                              
                                                                                                                                
Co-Chair  Hoffman  pointed  out  that  the  municipality  of                                                                    
Anchorage  requested  $20  million, not  $320  million.  Mr.                                                                    
Cowles agreed.                                                                                                                  
                                                                                                                                
10:00:39 AM                                                                                                                   
                                                                                                                                
Governor Sheffield displayed slide 23: "The Expansion                                                                           
Project is moving forward with clear changes in place." He                                                                      
pointed out the specific changes: A new Project Oversight                                                                       
Committee has been formed to provide clear and timely                                                                           
direction to the Contractors and quickly address issues as                                                                      
the project moves forward. The Committee consists of key                                                                        
decision makers from MARAD, the Municipality and the Port,                                                                      
with participation by ICRC, the project design team PND,                                                                        
the Corps of Engineers and others as needed.                                                                                    
• Additional financial protection will be in place to                                                                           
assure the work is completed on time with high quality                                                                          
workmanship.                                                                                                                    
• An entirely new Quality Assurance and Quality Control                                                                         
process will be implemented to catch problems early and                                                                         
guarantee high quality workmanship.                                                                                             
• A detailed evaluation of the contract structure between                                                                       
MARAD, ICRC, PND and subcontractors will be undertaken to                                                                       
insure there are clear lines of responsibility and                                                                              
accountability.                                                                                                                 
• The nature and extent of the affected areas will be                                                                           
documented, analyzed and subjected to an                                                                                        
independent/forensic review.                                                                                                    
• The Port will implement an annual accounting of all                                                                           
expansion funds and associated work that will be published                                                                      
on our website.                                                                                                                 
                                                                                                                                
10:03:56 AM                                                                                                                   
                                                                                                                                
Governor Sheffield  commented that  the ports  are essential                                                                    
to Alaska's economic future. The  finance plan is aggressive                                                                    
but necessary.  He pointed  out that the  port of  Alaska is                                                                    
the hub  of the state. He  noted that the system  works, and                                                                    
failure was not an option.                                                                                                      
                                                                                                                                
Senator Olson  wondered why the  customers were  not pushing                                                                    
their ability to use the  port. Governor Sheffield responded                                                                    
that  the  tariff  reflects increases  in  real  estate.  No                                                                    
burden on initial costs.                                                                                                        
                                                                                                                                
Senator  Olson  wondered if  the  customers  might fund  the                                                                    
project. Governor  Sheffield mentioned AIDEA and  others who                                                                    
can help.                                                                                                                       
                                                                                                                                
Senator Olson asked about the  Kabata Bridge. He wondered if                                                                    
the  land  use and  development  of  the bridge  would  see.                                                                    
Governor Sheffield answered that a  permit from the corps of                                                                    
engineers would be necessary.                                                                                                   
                                                                                                                                
10:09:55 AM                                                                                                                   
AT EASE                                                                                                                         
                                                                                                                                
10:14:39 AM                                                                                                                   
RECONVENED                                                                                                                      
                                                                                                                                
Co-Chair  Stedman  welcomed  the presentation  of  the  Port                                                                    
Mackenzie Rail Extension.                                                                                                       
                                                                                                                                
ELIZABETH GRAY, ACTING BOROUGH  MANAGER, MATSU BOROUGH, that                                                                    
the  extension   of  the  Mackenzie  rail   would  diversify                                                                    
Alaska's  economy. She  stated that  there were  3000 direct                                                                    
and indirect in induced  jobs projected from construction of                                                                    
the railway.  She stated  that 4000 jobs  would be  added to                                                                    
the mining  development along the  rail line.  She furthered                                                                    
that 3500  jobs would  be added in  the industry-development                                                                    
of Port  Mackenzie. She  hoped to  receive an  additional 35                                                                    
million  in  the  current budget,  so  there  an  aggressive                                                                    
construction schedule could continue.                                                                                           
                                                                                                                                
JOE PERKINS, EXECUTIVE PROJECT  MANAGER, PORT MACKENZIE RAIL                                                                    
EXTENSION,  presented   a  PowerPoint   Presentation:  "Port                                                                    
Mackenzie  Rail   Extension."  He  showed  slide   1,  which                                                                    
represented an aerial view of  the Port Mackenzie. He stated                                                                    
that there was  an eight area extension that  had been added                                                                    
since  the  photo  was  taken. He  stressed  that  the  Port                                                                    
Mackenzie extension was a  project of statewide significance                                                                    
and benefit. It would  provide additional employment to many                                                                    
Alaskans, and would allow  industry to development resources                                                                    
which would help diversify the Alaska economy.                                                                                  
                                                                                                                                
10:18:44 AM                                                                                                                   
                                                                                                                                
Mr.  Perkins displayed  slide 2:  "Mission." He  stated that                                                                    
the  mission  of  the  project  was  to  contribute  to  the                                                                    
diversification  of   Alaska's  economy;   provide  interior                                                                    
Alaska  with a  closer, less  expensive outlet  to tidewater                                                                    
for  export   of  natural  resources;  and   develop  a  new                                                                    
industrial and economic engine for the Alaska economy.                                                                          
                                                                                                                                
Mr. Perkins showed slide 3:  "How to Implement the Mission":                                                                    
provide less  expensive, more efficient  rail transportation                                                                    
to  deep   water  port,  147  miles   closer  to  tidewater;                                                                    
effectively use rail loop, road,  conveyor, barge dock, deep                                                                    
water  dock,  terminal/offices  building  infrastructure  to                                                                    
provide for  export of  bulk materials;  and wisely  use and                                                                    
develop the  Port Mackenzie  Industrial District,  which was                                                                    
8,940 of  industrial zoned land  adjacent to 1,130  acres of                                                                    
Borough  owned tidelands  for  commodity transport,  storage                                                                    
and related services.                                                                                                           
                                                                                                                                
10:20:11 AM                                                                                                                   
                                                                                                                                
Mr. Perkins  discussed slide 4: "Port  Mackenzie." He stated                                                                    
that  the  slide displayed  a  view  of the  Port  Mackenzie                                                                    
district. He  stated that there  would not be a  conflict of                                                                    
residential  development  with  port operations.  He  stated                                                                    
that it  was important for the  land to be dedicated  to the                                                                    
port district.                                                                                                                  
                                                                                                                                
Mr.  Perkins displayed  slide 5:  "Business Objectives."  He                                                                    
stated  that the  port business  objectives were  to develop                                                                    
infrastructure  to  support  the  mission.  He  specifically                                                                    
highlighted  the   status  of   projects  within   the  port                                                                    
development. He furthered that it  was important to complete                                                                    
the  port master  plan,  and pointed  out  that the  borough                                                                    
assembly had  adopted the master  plan in January  2011, and                                                                    
the streamlined  lease procedure  would be complete  in June                                                                    
of 2011.                                                                                                                        
                                                                                                                                
Mr.  Perkins  showed slide  6:  "Barge  Dock Expansion."  He                                                                    
pointed  out  the  area above  the  building  pictured,  and                                                                    
stated the area  was dedicated to an  8-acre barge facility.                                                                    
Sixteen acres  would be  utilized, because  of a  $3 million                                                                    
EDA grant and the borough  provided over $1 million worth of                                                                    
material.  He  also pointed  out  that  the legislature  had                                                                    
appropriated  $750,000 in  the  year prior  to complete  the                                                                    
dock.  He stressed  that Port  Mackenzie  could be  expanded                                                                    
further up the channel, if there was  a need to do so in thr                                                                    
future.                                                                                                                         
                                                                                                                                
Mr.  Perkins   discussed  slide  7:   "Business  Objectives,                                                                    
Continued." He  pointed out  some more  business objectives,                                                                    
which  included marketing  the port,  developing a  customer                                                                    
base, and establishing  a solid export base  by rail through                                                                    
the port.                                                                                                                       
                                                                                                                                
10:24:41 AM                                                                                                                   
                                                                                                                                
Co-Chair  Stedman  requested  a highlight  of  the  business                                                                    
commitments. Mr. Perkins replied  that very few people would                                                                    
commit money,  when the  project is  not yet  solidified. He                                                                    
stated out  that the  commitments were  not solid  in paper,                                                                    
but  felt that  a  group  of people  had  shown interest  in                                                                    
leasing land. He  stressed that the land would  not be worth                                                                    
much until  there was  a rail  extension. He  furthered that                                                                    
once  people saw  that there  was  development in  progress,                                                                    
they would commit to business.                                                                                                  
                                                                                                                                
Co-Chair Stedman  wondered if the customers  might commit to                                                                    
business,  if  they  saw  that there  was  a  commitment  to                                                                    
complete the rail extension. Mr.  Perkins replied that lease                                                                    
holders already  exist, but felt  that two more  firms would                                                                    
sign leases  with the borough. He  did not know for  sure if                                                                    
the  firms  would export  goods,  but  expressed that  their                                                                    
decision  to  export  goods  would  be  contingent  on  rail                                                                    
extension construction.                                                                                                         
                                                                                                                                
Co-Chair  Stedman  wondered  if  Mr.  Perkins  could  obtain                                                                    
written  commitments  from  customers. Mr.  Perkins  replied                                                                    
that he  would try  to obtain  that documentation,  but felt                                                                    
unsure as to how many customers would agree.                                                                                    
                                                                                                                                
Co-Chair Stedman  stressed that the committee  would like to                                                                    
see that type of documentation.                                                                                                 
                                                                                                                                
10:29:22 AM                                                                                                                   
                                                                                                                                
Co-Chair Hoffman  wondered what potential customers  were in                                                                    
mind. Mr.  Perkins stated  that he had  a list  of potential                                                                    
customers.   Co-Chair   Stedman   requested   correspondence                                                                    
between  potential   customers  and   the  borough   or  the                                                                    
committee.                                                                                                                      
                                                                                                                                
Senator  Egan  wondered  if  the Healy  coal  was  going  to                                                                    
Seward. Mr. Perkins replied that  Seward Port would be maxed                                                                    
out in  coal, and it  was the  hope that the  rail extension                                                                    
would  allow for  an  extra 2  million tons  of  coal to  be                                                                    
exported.                                                                                                                       
                                                                                                                                
Co-Chair Stedman  stressed that  the railroad might  be able                                                                    
to give more specifics to the concern of coal transport.                                                                        
                                                                                                                                
Mr.  Perkins  displayed  slide   8:  "Imports  and  Exports.                                                                    
Winter/Summer  Operations." He  stated that  the port  was a                                                                    
12-month port.                                                                                                                  
                                                                                                                                
Mr.  Perkins  showed  slide  9:  "Existing  Customers."  The                                                                    
customers  that have  already  leased  land include  Alutiiq                                                                    
Manufacturing,   module  construction;   Klondike  Concrete,                                                                    
cement import; NPI, bulk  natural resource export; Tri-Metal                                                                    
International,      metal     export;      PacArctic/Koniag,                                                                    
transportation  logistics; and  Central Alaska  Energy, fuel                                                                    
farm.                                                                                                                           
                                                                                                                                
Mr.  Perkins  displayed  slide 10:  "Current  Business."  He                                                                    
stated that current port business  dealt with modular homes,                                                                    
cement, and test loading of coal.                                                                                               
                                                                                                                                
10:31:48 AM                                                                                                                   
                                                                                                                                
Mr.  Perkins discussed  slide  11:  "Examples of  Interested                                                                    
Customers." Some  examples of interested  customers included                                                                    
Usibelli  Coal; Exxon;  Conoco Phillips;  British Petroleum;                                                                    
Trans  Alaska Pipeline;  JP  Power,  Japan; NANA;  CH2MHill;                                                                    
Fort Knox,  gold mine; Shorty Creek,  copper mine; Livengood                                                                    
Gold;  Prospect  Copper;  Nenana Native  Corporation;  Doyon                                                                    
Limited; and the United States Military.                                                                                        
                                                                                                                                
Co-Chair Stedman  requested a chart detailing  the potential                                                                    
uses,  capital   expenditures,  construction   schedule,  an                                                                    
estimated  time  of  completion, and  other  documents  that                                                                    
would assist  the committee in  understanding the  full cost                                                                    
of the port and its revenue generation.                                                                                         
                                                                                                                                
Senator  McGuire  added  that  she  would  like  to  see  an                                                                    
estimated  cost to  bring the  current infrastructure  up to                                                                    
standard. Mr.  Perkins replied  that they  were specifically                                                                    
requesting money for a railroad.                                                                                                
                                                                                                                                
Co-Chair Stedman  stressed that  there was always  a concern                                                                    
of cost when using money from the state treasury.                                                                               
                                                                                                                                
10:35:50 AM                                                                                                                   
                                                                                                                                
Co-Chair  Hoffman queried  anticipated  tonnage and  product                                                                    
for the  potential interested customers. Mr.  Perkins agreed                                                                    
to provide that information.                                                                                                    
                                                                                                                                
10:37:20 AM                                                                                                                   
                                                                                                                                
Mr. Perkins showed  slide 12: "Deepest Draft  Vessel Ever in                                                                    
Cook Inlet."  He stated  that there was  a test  shipment of                                                                    
coal that  Usibelli Coal Mine participated  in. He explained                                                                    
that  the  cape-sized  vessel  came   from  Seward  to  Port                                                                    
Mackenzie to test the conveyor system.                                                                                          
                                                                                                                                
Co-Chair  Stedman wondered  if  it was  at  low-low tide  or                                                                    
mean-low tide. Mr.  Perkins replied that it  was at mean-low                                                                    
tide.                                                                                                                           
                                                                                                                                
Co-Chair Stedman  wondered if there were  any silting issues                                                                    
at  the port.  Mr.  Perkins replied  that  the current  port                                                                    
precluded siltation, and no dredging was required.                                                                              
                                                                                                                                
Co-Chair  Stedman wondered  if  the corps  of engineers  was                                                                    
involved in modeling. Mr. Perkins  replied that the corps of                                                                    
engineers had looked  at it, but the depth  has not changed.                                                                    
                                                                                                                                
Co-Chair  Stedman  requested  a  letter from  the  corps  of                                                                    
engineers  verifying  the depth  of  the  port. Mr.  Perkins                                                                    
agreed to provide that information.                                                                                             
                                                                                                                                
10:39:51 AM                                                                                                                   
                                                                                                                                
Mr. Perkins discussed slide 13:  "Rail Extension uses During                                                                    
First  Decade." He  stated that  rail  extension uses  would                                                                    
include coal exports; sand  and gravel aggregates; petroleum                                                                    
products;  natural   gas  pipeline;  lime;   wood  products;                                                                    
military transport; and minerals.                                                                                               
                                                                                                                                
Mr.   Perkins   displayed   slide  14:   "Prominent   Alaska                                                                    
Projects." He stated that the  Port Mackenzie Rail Extension                                                                    
supported the  Susitna Dam; World  Class Fairbanks/Livengood                                                                    
Cement Plant; any natural gas  pipeline alternative; and and                                                                    
upgrade to Interior and South Central Railbelt intertie.                                                                        
                                                                                                                                
Mr. Perkins  showed slide  15, and  explained that  the rail                                                                    
loop  would look  similar to  the loop  showed at  Healy. He                                                                    
pointed out  that coal could be  stored in the middle  or on                                                                    
either side of the rail.                                                                                                        
                                                                                                                                
Mr. Perkins discussed slide 16:  "Project is on Schedule and                                                                    
Under Budget." He explained that  the total capital invested                                                                    
would  be  $62.5  million,  and the  funds  needed  for  the                                                                    
current  year  were  $55  million.  He  furthered  that  the                                                                    
estimated  funds  needed  to  complete  the  rail  extension                                                                    
project was  $156 million, and  the total estimated  cost of                                                                    
the  rail  extension was  $218.5  million  with a  potential                                                                    
return to the state of over $16 billion.                                                                                        
                                                                                                                                
Co-Chair Stedman wondered how much  money was in the current                                                                    
governor's proposed  budget. Mr. Perkins replied  that there                                                                    
was $20 million in the budget.                                                                                                  
                                                                                                                                
Co-Chair  Stedman wondered  how  much  additional money  was                                                                    
requested. Mr.  Perkins clarified  that there was  a request                                                                    
of $35 million to stay on schedule.                                                                                             
                                                                                                                                
Co-Chair  Stedman surmised  that there  was a  need for  $55                                                                    
million  in the  current  year. Mr.  Perkins furthered  that                                                                    
there was  a need  for $60 million  in the  following year's                                                                    
budget to  complete the embankment,  and $41 million  in the                                                                    
next  year. He  concluded that  the  total cost  to the  was                                                                    
$218.5  million, with  current  funds of  $62.5 million,  so                                                                    
there was approximately $156 million  needed to complete the                                                                    
process.                                                                                                                        
                                                                                                                                
10:44:19 AM                                                                                                                   
                                                                                                                                
Mr. Perkins  showed slide  17, and  explained that  the rail                                                                    
loop would  be completed  by fall 2011,  and the  first five                                                                    
miles  of rail  extension would  begin construction  in late                                                                    
summer 2011.                                                                                                                    
                                                                                                                                
Co-Chair  Stedman wondered  that  if the  railroad would  be                                                                    
used  upon completion.  Ms. Gray  replied that  Mr. Aadneson                                                                    
would be able to answer that question.                                                                                          
                                                                                                                                
Mr.  Perkins   discussed  slide   18:  "ISER   Benefit  Cost                                                                    
Assessment  of  Rail Extension."  He  stated  that ISER  had                                                                    
completed the cost/benefit analysis  of the project in 2008.                                                                    
He stated  that there  was a $275  million cost,  rather the                                                                    
present cost  of $218 million.  He stated that  the analysis                                                                    
was based on transportation  cost, with no consideration for                                                                    
jobs  or community  input. He  stated that  the cost  was at                                                                    
$301  million  with the  benefit  of  $572 million,  with  a                                                                    
cost/benefit ratio  of 1.7. He  stressed that  many entities                                                                    
would be  pulled out, with the  cost/benefit still exceeding                                                                    
one.                                                                                                                            
                                                                                                                                
10:47:04 AM                                                                                                                   
                                                                                                                                
DR.   PAUL  METZ,   PROFESSOR  OF   GEOLOGICAL  ENGINEERING,                                                                    
UNIVERSITY  OF ALASKA,  discussed slide  19. He  stated that                                                                    
the slide  displayed mineral occurences  along the  route of                                                                    
the existing rail line.                                                                                                         
                                                                                                                                
Co-Chair Stedman  stressed that he wanted  information about                                                                    
whether  mining  companies  would  use the  rail.  Dr.  Metz                                                                    
referred  to some  historical data  and  stated that  mining                                                                    
data  from the  rail  belt  was examined  in  the 1970s.  He                                                                    
stressed  that world  class gold  mine  was discovered  near                                                                    
Fairbanks  in 1980,  and stressed  that the  mining industry                                                                    
had   spent  millions   of   dollars   in  development   and                                                                    
exploration.  He furthered  that  without  Fort Knox,  there                                                                    
would  be little  development in  that  region. He  stressed                                                                    
that 85 percent  of the gold was not  in production, because                                                                    
there was no infrastructure.                                                                                                    
                                                                                                                                
Co-Chair Stedman  stressed the  need for  documentation from                                                                    
the companies  declaring the use  of the rail  extension, if                                                                    
it were built.                                                                                                                  
                                                                                                                                
10:56:50 AM                                                                                                                   
AT EASE                                                                                                                         
                                                                                                                                
2:01:50 PM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
Co-Chair Stedman  welcomed everyone  back, and  stressed the                                                                    
desire to  review and  highlight the  financial implications                                                                    
of  the   appropriation  requests.  He  felt   some  of  the                                                                    
presentation  would be  more appropriate  for the  Resources                                                                    
Committee.                                                                                                                      
                                                                                                                                
CHRIS  AADNESEN, CHIEF  EXECUTIVE  OFFICER, ALASKA  RAILROAD                                                                    
CORPORATION  (AARC) showed  slide 21:  "Port Mackenzie  Rail                                                                    
Extension  Costs."  He  explained that  the  fixed  baseline                                                                    
maintenance  costs of  the project  would be  about $150,000                                                                    
per  year.  He  stated  that the  variable  costs  would  be                                                                    
covered by the freight rate.   He explained that the capital                                                                    
replacement  costs   would  be  properly   constructed,  and                                                                    
capital costs  would be low  in the  initial years on  a new                                                                    
track structure;  the capital renewal  cycle would  begin in                                                                    
20 to  30 years for  ties, and it  would be longer  for rail                                                                    
depending on traffic volume.                                                                                                    
                                                                                                                                
Mr.  Aadnesen discussed  slide 22:  "ARRCs Support  for Port                                                                    
Mackenzie."  He  explained  that  AARC  supported  the  Port                                                                    
Mackenzie Rail Extension Project.                                                                                               
                                                                                                                                
Co-Chair  Stedman queried  the Usibelli  Mine interest,  and                                                                    
whether  or  not they  are  contributing  any money  to  the                                                                    
project.  He wondered  if there  were firm  commitments from                                                                    
Usibelli  Mine.  Mr.  Aadnesen  replied  that  Usibelli  was                                                                    
currently attempting  to gain permitting in  Healy, and have                                                                    
an active capital program to  build their capability of out-                                                                    
loading of trains towards Fairbanks.  He added that Usibelli                                                                    
had a feasibility  study to start running  coal out Wishbone                                                                    
of  over 500  tons  per  year. He  added  that Usibelli  was                                                                    
planning to truck coal to Port Mackenzie.                                                                                       
                                                                                                                                
2:09:05 PM                                                                                                                    
                                                                                                                                
Co-Chair  Stedman wondered  why Usibelli  did not  have AARC                                                                    
finance the  extension. Mr. Aadnesen  replied that  AARC was                                                                    
not able to finance the project.                                                                                                
                                                                                                                                
Co-Chair Stedman  noted that he  saw no private  entity that                                                                    
had offered  to finance the extension.  He expressed concern                                                                    
that  there might  not be  customers, because  there was  no                                                                    
independent  financial backing.  Mr.  Aadnesen replied  that                                                                    
Usibelli  was  the  only  client  that  expressed  immediate                                                                    
desire  to  use the  Port.  He  felt  that the  volume  from                                                                    
Usibelli  was  not  enough  for  the  AARC  to  finance  the                                                                    
project, but the maintenance cost on AARC was acceptable.                                                                       
                                                                                                                                
Co-Chair  Hoffman  referred  to  page 18  and  felt  that  a                                                                    
cost/benefit  assessment was  very positive  from ISER,  and                                                                    
felt that  Mr. Aadnesen's  interpretation was  not accurate.                                                                    
Mr. Aadnesen  replied that he  did not know about  any other                                                                    
commitment, other than Usibelli.                                                                                                
                                                                                                                                
2:17:33 PM                                                                                                                    
                                                                                                                                
Co-Chair Hoffman noted that it  was not known when the mines                                                                    
would be  opening, but remarked  that $150,000  with further                                                                    
costs of $150 million.                                                                                                          
                                                                                                                                
Co-Chair  Hoffman  remarked  that   there  would  be  "great                                                                    
uncertainty," not "uncertainty."                                                                                                
                                                                                                                                
Co-Chair  Stedman  requested further  information  regarding                                                                    
detailed commitments and financial considerations.                                                                              
                                                                                                                                
2:22:17 PM                                                                                                                    
                                                                                                                                
Senator Thomas  understood the need for  infrastructure, and                                                                    
queried issue of  Wishbone Hill. He remarked  that there was                                                                    
a possibility of displacing the  trucks, and wondered if the                                                                    
improvements  were  connected  to  the  existing  spur.  Mr.                                                                    
Aadnesen stressed that  the line would not  be built, unless                                                                    
there was a guarantee of coal.                                                                                                  
                                                                                                                                
Senator Thomas wanted more  information regarding trains and                                                                    
ships. Senator  Thomas agreed to develop  that analysis with                                                                    
the borough                                                                                                                     
                                                                                                                                
Mr.  Aadnesen stated  that trains  could easily  replace the                                                                    
trucks.                                                                                                                         
                                                                                                                                
Senator  Olson wondered  if  the  communities had  expressed                                                                    
support  for the  project. Mr.  Berkin replied  that support                                                                    
was widespread.                                                                                                                 
                                                                                                                                
Co-Chair  Stedman  wondered,  of  the  supporters,  who  had                                                                    
financial impact. Mr. Berkin replied with none.                                                                                 
                                                                                                                                
2:30:58 PM                                                                                                                    
                                                                                                                                
Co-Chair Stedman understood that there  was an issue of time                                                                    
sensitivity  related   to  building  a  rail   for  military                                                                    
purposes.  Mr.   Aadnesen  replied  that  there   were  time                                                                    
constraints in funding: $44 million.                                                                                            
                                                                                                                                
Senator Thomas queried the cost  benefit analysis of the Red                                                                    
Dog mine.  Dr. Metz  replied that  he was  not aware  of any                                                                    
study.                                                                                                                          
                                                                                                                                
Mr. Aadnesen stated that AARC  supports the project, and the                                                                    
railroad had the capacity to  absorb traffic currently going                                                                    
to  Port Mackenzie.  He added  that AARC  had been  tracking                                                                    
other sorts of economic opportunities related to rail.                                                                          
                                                                                                                                
Co-Chair Stedman  remarked that  other mines had  been built                                                                    
after  rail had  been and  wondered if  it would  survive on                                                                    
strictly  grant  money. Mr.  Aadnesen  did  not know  enough                                                                    
about how AIDEA worked to answer the question.                                                                                  
                                                                                                                                
Senator  Thomas queried  any large  rail  expansions in  the                                                                    
lower 48  that were  funded by  the federal  government. Mr.                                                                    
Aadnesen replied that  there were all kinds  of funding over                                                                    
history,   and   there   were  many   public   and   private                                                                    
partnerships in history.                                                                                                        
                                                                                                                                
2:36:04 PM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
2:37:39 PM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
TOM   COCHRAN,  MAYOR,   SKAGWAY,  presented   a  PowerPoint                                                                    
presentation "Why the time is now" (copy on file).                                                                              
                                                                                                                                
Mr. Cochran  began with  slide 1. He  stated that  the slide                                                                    
displayed  a  prediction  of the  14.2  percent  decline  in                                                                    
population in  Southeast Alaska.  He pointed out  that there                                                                    
should be economic development in Southeast Alaska.                                                                             
                                                                                                                                
Mr.  Cochran presented  slide 2.  He stated  that the  slide                                                                    
represented an AIDEA facility that was completed in 2008.                                                                       
                                                                                                                                
Mr. Cochran  displayed slide  3. He  pointed out  that there                                                                    
was an  old wooden pier,  and a cruise-ship dock.  He stated                                                                    
that 2010 saw 42 cruise-ship calls in Skagway.                                                                                  
                                                                                                                                
Mr. Cochran discussed  slide 4. He stated  that the conveyor                                                                    
belt in  the photo was built  in the 1960s. He  continued to                                                                    
discuss slides 5 through 9.                                                                                                     
                                                                                                                                
Co-Chair Stedman  requested further explanation of  slide 9.                                                                    
Mr. Cochran  explained that the  green portion of  the slide                                                                    
represents  the area  that the  municipality  proposed a  50                                                                    
percent match of $5 million  to the state's funds. He stated                                                                    
that White  Pass and Yukon  Route Railroad had  committed $2                                                                    
million to  the red  portion. He  explained that  the purple                                                                    
area represented AIDEA.                                                                                                         
                                                                                                                                
2:42:51 PM                                                                                                                    
                                                                                                                                
Mr.  Cochran  displayed  slide 10.  He  explained  that  the                                                                    
purpose of  the project  was to accommodate  two industries:                                                                    
the cruise  industry and the  mineral industry.  The project                                                                    
would  allow  a  cruise  ship  and a  berth  ship  to  berth                                                                    
simultaneously.                                                                                                                 
                                                                                                                                
Mr.  Cochran stated  that  there were  some  plans for  mega                                                                    
cruise ships  that would be  docking in Alaska in  2012, and                                                                    
the project would allow more space for those ships.                                                                             
                                                                                                                                
Co-Chair Stedman requested a  synopsis. PAUL TAYLOR, SELWYN-                                                                    
CHIHA MINING  referred to  slide 9,  and stated  that yellow                                                                    
and purple  areas were his  focus of interest.  He explained                                                                    
that since  those facilities were  owned by AIDEA,  the deal                                                                    
was to be made with  AIDEA. He stated that negotiations were                                                                    
in place for $40 million capital improvements.                                                                                  
                                                                                                                                
Co-Chair  Stedman  wondered  when  the  firm  was  expecting                                                                    
construction to begin  and end. Mr. Taylor  replied that the                                                                    
first permits  would be filed  10 months from this  time. He                                                                    
anticipated  construction   to  begin  in  late   2012,  for                                                                    
production in early 2014.                                                                                                       
                                                                                                                                
Co-Chair  Stedman clarified  that AIDEA  would be  financing                                                                    
the  project.  Mr.  Taylor  replied  that  AIDEA  owned  the                                                                    
properties, and  AIDEA would  be reimbursed  for modernizing                                                                    
the buildings. He stated that  they would also pay a tonnage                                                                    
tax.                                                                                                                            
                                                                                                                                
2:46:28 PM                                                                                                                    
                                                                                                                                
Co-Chair  Hoffman stated  that  the  state's budget  request                                                                    
only  included  a  one-time increment  of  $10  million.  He                                                                    
wondered  if  Mr.  Cochran agreed  with  that.  Mr.  Cochran                                                                    
agreed.                                                                                                                         
                                                                                                                                
Co-Chair Hoffman also pointed out  that the total costs were                                                                    
outlined at  $44.4 million, and  wondered if the  rest would                                                                    
be sought from how the  additional money would be collected.                                                                    
Mr. Cochran replied  that the money would  be from municipal                                                                    
bonds or private-public partnerships.                                                                                           
                                                                                                                                
Co-Chair Hoffman wondered if  the financial commitments were                                                                    
already in  place. Mr. Cochran  replied that there  were not                                                                    
current commitments, but some interested customers.                                                                             
                                                                                                                                
Co-Chair Stedman  wondered where  the remaining  funds would                                                                    
come from.  Mr. Cochran looked  at slide 9, and  stated that                                                                    
the green  area represented $15  million with a  $10 million                                                                    
appropriation  that  the  municipality from  the  state.  He                                                                    
stated  that Skagway  was currently  looking  for much  less                                                                    
than $44.4 million.                                                                                                             
                                                                                                                                
Co-Chair  Stedman  queried  AIDEA involvement.  MARK  DAVIS,                                                                    
ECONOMIC  DEVELOPMENT,  ALASKA  INDUSTRIAL  DEVELOPMENT  and                                                                    
EXPORT  AUTHORITY  stated  that AIDEA  believes  that  their                                                                    
portion  of  the  project  would  be in  the  range  of  $65                                                                    
million. He stated that there  were many conversations about                                                                    
financing.                                                                                                                      
                                                                                                                                
2:50:29 PM                                                                                                                    
                                                                                                                                
Co-Chair Stedman  wondered the  status of the  $44.4 million                                                                    
grant. Mr. Davis  replied that the grant was  not granted to                                                                    
Skagway.                                                                                                                        
                                                                                                                                
Co-Chair Stedman  wondered if there were  any issues without                                                                    
that grant.  Mr. Davis  felt that a  business plan  could be                                                                    
built with  the cooperation of  the mines, and it  would pay                                                                    
for the improvements.                                                                                                           
                                                                                                                                
Senator Olson  wondered what the  history of  the businesses                                                                    
AIDEA had  been involved  in. Mr.  Davis replied  that there                                                                    
was  a bond  that was  issues  in anticipation  of the  mine                                                                    
opening  with the  agreement  that the  mine  would use  the                                                                    
facility.                                                                                                                       
                                                                                                                                
Co-Chair Stedman  wondered if Port Mackenzie  had approached                                                                    
AIDEA for  help with their  project. Mr. Davis  replied that                                                                    
there was no formal request from Port Mackenzie.                                                                                
                                                                                                                                
Co-Chair Hoffman  wondered if the  new make-up of  the AIDEA                                                                    
board had every seat filled. Mr. Davis did not know.                                                                            
                                                                                                                                
2:55:22 PM                                                                                                                    
                                                                                                                                
Senator Olson wondered if the  port was not developed, there                                                                    
could be issue of how the  ore would get out, and he queried                                                                    
other options.  Mr. Taylor replied  that they would  look at                                                                    
Haines and Stewart.                                                                                                             
                                                                                                                                
Co-Chair  Stedman  requested  letters of  support  from  the                                                                    
community  of Skagway.  Mr. Cochran  agreed to  provide that                                                                    
information.                                                                                                                    
                                                                                                                                
2:57:06 PM                                                                                                                    
ADJOURNMENT                                                                                                                   
                                                                                                                                
The meeting was adjourned at 2:57 PM.                                                                                           
                                                                                                                                
                                                                                                                                

Document Name Date/Time Subjects
2011 02 23 Communities Served by the Port of Anchorage.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Port Of Anchorage Funding_Expenditures.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Port of Skagway Presentation.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Port Of Anchorage Cost Comparison.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Port of Skagway Presentation.pptx SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 SFIN Port MacKenzie Rail Ext Presentation.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Port Of Anchorage Cargo Distribution Study Final.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 SFIN Port of Anchorage Presentation.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Skagway's Yukon Port Projects.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Natural Resource Development and The Port MacKenzie Rail Extension.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentation
2011 02 23 Benefit-Cost Assessment of the Port MacKenzie Rail Extension - Final ReportPMK_RailExtension.pdf SFIN 2/23/2011 9:00:00 AM
Ports and Harbors Presentations