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Overcast • 32° • from the ENE at 12 MPH • Extended Forecast Here
Local News Web posted Saturday, January 8, 2005

Jasper thinks port finally workable

RIDGELAND: Legal navigational course set for deepwater marine terminal south of Hardeeville.

By Mark Kreuzwieser
Carolina Morning News

Jasper County hopes its ship has finally come in.

After working for five years to develop a deepwater port on Georgia-owned land south of Hardeeville on the Savannah River that would ultimately bring to the poor, rural county hundreds of ships, thousands of jobs and millions of dollars, Jasper officials on Friday set sail on a course they say will make the dream a reality.

"We have a good plan," Jasper County Council Chairman George Hood said after council members approved a resolution and gave first reading to an ordinance that would lay the groundwork for the renewed port initiative.

"Our attorneys have done a good job getting us to this point," he said. "We're right on target."

That target is getting the land for the deepwater marine terminal, about 1,776 acres among tens of thousands of acres the state of Georgia owns and uses to dump dredge spoil to keep the Savannah Harbor navigable for some of the world's largest freighters.

The land Jasper is eyeing for its estimated $450 million port is right across the Savannah River from Elba Island in Chatham County and just down the river from downtown Savannah's River Street.

Jasper officials also love to point out that their proposed port would be miles closer to the Atlantic Ocean than the Georgia Ports Authority's Garden City Containerport.

Council members scheduled a special meeting on Friday to get the ball rolling on the new port plan.

After several years in lower courts, Jasper's original condemnation of the land was heard by the S.C. Supreme Court, which in September 2003 ruled against the taking.

The justices said the condemnation violated state law because the action essentially would be taking by force private property and handing it over to a private company, SSA Marine, a Seattle-based company with offices in Savannah, Charleston and other seaports in North and Central America.

If Jasper County pursued the condemnation again, county attorneys would have to prove in court that the county would be the sole owner of the port and the land.

Jasper officials now think they have the right plan: SSA Marine, through its subsidiary South Atlantic Internal Terminal LLC, will loan Jasper $15 million to finance buying the land and paying legal, permitting and design costs, and build the ship terminal.

The big chunk of change - up to $450 million initially - to build the port will come through "permanent financing," or "credit enhancement," Jasper officials said Friday.

That basically means that Jasper will have to obtain financing, through bond sales or loans, to bankroll construction of the port, Jasper County Attorney Marvin Jones said.

But according to plans, any financing Jasper County pursues would not obligate taxpayers or affect the county's credit ratings.

"Jasper County and (developer) South Atlantic International Terminal ... acknowledge that upon entering into (the port terminal) agreement they have not determined the structure of the permanent financing for the terminal," according to the management agreement with the developer.

That agreement and several others were given the first of three readings as an ordinance by Jasper County Council members on Friday.

"This is a win-win situation for the citizens of Georgia and South Carolina," Councilman Thomas McClary said. "The terminal will provide jobs for citizens of Georgia and South Carolina, and we hope they agree" to sell the land for the project.

Hood said Jasper's done its homework and due diligence since the state Supreme Court turned down the county's condemnation of the land.

"We'll make Georgia an offer, and wait for their answer," he said.

Work is just beginning, said County Administrator Andrew Fulghum.

"Everything hinges on property acquisition," he said. "We have to stay focused on that."

Jones said he hopes Georgia will see Jasper's side of the port idea and sell the land. He said the county's bond attorneys are handling the purchase offer.

If negotiations fail, condemnation would be the next step. Logically, the eminent domain taking would go first to a court of common pleas, in Jasper County, but attorneys are investigating the possibility of a fast-track to the Supreme Court, Jones said.

County officials said the role of a recently created "Jasper County Port Authority" hasn't been defined under the current strategy.

What's next

Jasper County attorneys will officially offer the state of Georgia $9.2 million for about 1,776 acres of land south of Hardeeville, along the Savannah River - the site of the county's long sought after deepwater container cargo shipping terminal. If Georgia turns down the bid, Jasper will pursue condemnation.

Reporter Mark Kreuzwieser may be reached at 837-5255 or mark.kreuzwieser@lowcountrynow.com

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