mid-america regional port and intermodal logistics center
TRANSCRIPT
The Purpose
Build on regional bonds gained after flood of 1993 with Tri-State Development Summit
Reverse regional declining population
Assist businesses create and retain jobs to retain youth
Attract new businesses
Assessment
January 1996 – Two Rivers Economic Development District (IL)
December 1997 – Inland Water Terminal & Foreign Trade Zone Feasibility Study (EDA)
September 2001 – TVA Market Analysis & Site Selection Study
Assessment
Goals
Develop port with full Intermodal capabilities
Provide Container-on-Barge service Provide Roll On / Roll Off service Develop infrastructure to transload
dry and liquid cargo Provide intermodal barge, rail, truck
and air cargo transportation to develop a regional approach to economically benefit an entire region
Establish Foreign Trade Zone
Assist companies currently located here to be more competitive in the global market
Attract new companies and industries to the region who are looking for global access to suppliers and markets
Assist companies currently located here to be more competitive in the global mark
Mid-America Port Commission
Established by Tri-State Compact in 1999
Includes Illinois, Iowa and Missouri Authority to own and operate ports
in all three states Authority to establish and operate a
tri-state Foreign Trade Zone Three commissioners from each
state, one appointed by each governor
Twenty-six Counties in Three States
ILLINOIS – Adams, Brown, Cass, Hancock, Henderson, Mercer, Morgan, Pike, Schuyler, Scott and Warren
IOWA – Des Moines, Henry, Jefferson, Lee, Van Buren and Wapello Counties
MISSOURI – Clark, Knox, Lewis, Marion, Monroe, Pike, Ralls, Scotland, and Shelby Counties
Twenty-six Counties in Three States
Port Commission Selected Sites
ILLINOIS – Beardstown and Quincy
IOWA – Burlington and Keokuk
MISSOURI – Hannibal and West Quincy
Mid-America Intermodal Authority Port District
Enabling Legislation enacted in 1998 Established as a Special Taxing
District/Municipality 11 Illinois Counties Includes both the Illinois and Mississippi
Rivers Includes Two Marine Highways, M-35
and M-55 Seven Commissioners, three appointed
by the Governor and four appointed by the County Board Chairpersons
Mid-America Intermodal Authority Port District
Authorized to: Own and operate port related
facilities Issue Shoreline Improvement
Permits Levy Tax Issue Revenue bonds Operate FTZ in any state
Analysis of Economic Impacts
on Government Revenue $3.6 million new Federal Tax
Revenue $2.8 million new State, County &
Local Tax Revenue $1.08 million in new Property Tax
Revenue
- An Analysis of Potential Economic Impacts – RETAC, Illinois Institute of Rural Affairs,
Dec. 2006
“Ports, freight rail and trucking are bound together logistically and economically. We need to view them holistically.”
-RayLaHood,SecretaryofTransportationTheWaterwaysJournalWeekly,March30,2009
Intermodal Ready Location
M-35 and M-55 Marine Highways Illinois and Mississippi Rivers Interstate 72/172 Chicago-Kansas City Expressway Avenue of the Saints BNSF Railway Norfolk Southern Railway Quincy and Hannibal Regional
Airports
Intermodal Strengths of Site
600+ Acres Land 500-year Levee Considered navigable 12 months Enterprise Zone All Utilities with high capacity Communication Infrastructure Short line railway recognized for
high quality service
South Quincy Development District
Gardner-Denver Trinity Industries
J.M. Huber Underground Warehouses
SEM Minerals
J.M. Huber McNay Trucking
Prince Manufacturing
American Freight
South Quincy Development District
Sources of FundingAdministrative
States of Illinois, Iowa & Missouri Adams County Great River Economic Development
Foundation Chamber of Commerce Business and Industry
Sources of FundingOperational
Engineering – Project Management Permitting Joint Marketing Agreements Land leases Port Operation Public/Private Partnerships
Business & Industry Support
Alter Trading Archer-Daniels-
Midland BASF Bleigh Ready Mix Fitzpatrick Brothers,
Inc. Gardner-Denver, Inc. J.M. Huber Co. Industrial Support
Services McNay Truckline
Prince Agri Products, Inc.
Prince Minerals, Inc. Roquette America SEM Minerals, LP Stratas Foods Trinity Industries, Inc. Underground
Warehouse, Inc. Ursa Farmers Coop