Structured Financing Program Growth

The DWCPA will introduce new legislation in 2012 that will enhance the current Port Authority Act. This will allow for increased participation and effectiveness for its structured financing program. The proposed legislation will bring the DWCPA up to par with neighboring states and their respective port authorities. The result will generate new revenue streams to the DWCPA that will provide for future self-sufficiency and investment for port infrastructure and other waterfront redevelopment activities.


Port of Detroit Marine Terminal Investment

The DWCPA has determined that approximately $32 million worth of investment is needed at the City of Detroit’'s only remaining general cargo facility in order to accommodate a diversified cargo base and increased shipments into and out of the Port of Detroit. Projects include a recapping of the surface deck, demolition of a vacant and functionally obsolete ten-story warehouse, and construction of a rail spur in order to handle alternative energy components and grain exports.


Public Dock & Terminal Operations Plan

Port Detroit, Public Dock & Terminal, will see its first full season of shipping activity in 2012. Highlights will include visits from the 138 passenger MV Yorktown cruise ship and numerous dockings by the Infinity and Ovation dinner cruisers. Naval frigates will line Detroit’s waterfront, including Port Detroit, with the bi-centennial of the War of 1812 in September. Tall ships will utilize the dock in June in coordination with the annual River Days festival. Cross-border ferry service will continue to be studied with the hopes of implementing a $2.4 million Ferry Boat Discretionary grant program.


Expansion of Regional Foreign-Trade Zones

2012 will bring continued administration and implementation of the Greater Detroit Foreign Trade Zone (GDFTZ). The GDFTZ program erases barriers to trade by companies that are importing from foreign countries. Foreign-trade zones help keep U.S.-based companies competitive in the global marketplace.


Homeland Security

The DWCPA will continue to serve as the Fiduciary Agent for all Port Security Grant funding at the Port of Detroit in 2012. Approximately fifteen projects will begin in 2012 including vessel purchases, surveillance systems and access control projects. Partners will include the Detroit-Windsor Truck Ferry, Michigan State Police, City of Detroit Police Department, Wayne County Sheriff, and both Homeland Security departments from the City of Detroit and Wayne County.

 
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