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Public Hearing Notice

AMERICA’S CENTRAL PORT DISTRICT 2017 PROMISSORY NOTE

Notice is hereby given of a public hearing to be held on behalf of America’s Central Port District (the “Port District”) on February 7, 2017, at 10:00 AM, in the Main Conference Room, 1635 West First Street, Granite City, Illinois 62040, with respect to the above captioned note to be issued by the Port District in an aggregate principal amount not to exceed $20 Million (the “Note”).  The proceeds of the Note will be utilized for: (i) the current refunding of the Port District’s Promissory Note dated July 16, 2014 (the “2014 Note”), (ii) the current refunding of the Port District’s Promissory Note dated April 15, 2015 (the “2015 Note” and together with the 2014 Note, the “Prior Notes”), (iii) funding a reserve fund for the Note, and (iv) paying costs of issuance of the Note.

The proceeds of the Prior Notes were utilized to finance a portion of the Port District’s South Harbor Project, including the construction, improvement and equipping of a general cargo bulkhead dock, a truck and rail loadout facility, mooring structures, deck barges and other related facilities and equipment, located just south of Lock No. 27 on the Mississippi River in the City of Madison, Illinois (the “Prior Project”).  The Note is not payable out of taxes and is payable solely from revenues of the Port District.

All interested persons are invited to attend such public hearing to express their views with respect to the Note and the refinancing of the Prior Project through the refunding of the Prior Notes.  Any interested persons unable to attend the hearing may submit their views, in writing, to the Executive Director of the Port District prior to the date scheduled for the hearing via FAX at

618-452-3402.     This  notice  is  published  and  the  hearing  is  held  in  satisfaction  of  the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended.

America’s Central Port Bets Big on Rail

FOR IMMEDIATE RELEASE                                                 FOR INFO: Megan Dittman 618-452-8422 November 1, 2016

 

Granite City, IL:  By the end of 2016, America’s Central Port District, located in Granite City and Madison, IL, will have completed the construction of 4.25 miles of new rail track throughout their business and industrial campus. The construction of this new track doubles the amount of new rail construction completed by the Port over the last 15 years.

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Rail crew begins replacement of old rail tracks at America’s Central Port. Tracks being replaced were installed and used by the US Army during WWII.

Midway through September, rail contractors mobilized on two major rail projects at America’s Central Port, designed to increase efficiency and rail throughput, reduce congestion, and provide ample capacity to meet future needs. The first of these projects will bring rail access to a 60-acre development site in the center of the Port’s campus, which will include direct access to the recently-completed, 126,000 sq. ft. advanced chemical processing building, as well as construct an additional spur for future development on this site. This project also includes the rehabilitation of “Track 3” which currently serves two of the six primary warehouses located in the Port’s industrial campus. The existing track was actually made in the late 1800s and was installed by the Army during WWII to transport military material. The new track will be upgraded to current industry standards, and will provide current and future tenants the necessary infrastructure to handle maximum inbound and outbound traffic.

Both the new track construction and the track rehabilitation project were funded through a US Department of Commerce Economic Development Administration (EDA) grant and matched with a loan from Madison County (IL) Community Development.

“This is a great opportunity for the Port to assist St. Louis area companies that need rail,” said Bill Stahlman, Director of Engineering and Construction for America’s Central Port. “Our new rail construction opens us up to many new markets, and above all, keeps our customers’ shipping costs to a minimum. Nationwide, sixty percent (60%) of a manufacturing company’s costs are in transportation. We are working hard to reduce that number for our tenants.”

The second major rail construction project is the expansion of the South Rail Loop. The initial, single, rail loop track constructed in 2009, will now have two additional adjacent tracks to meet the growing rail needs at the Harbor. Over 15,185 feet of rail will be constructed in this project, allowing additional train capacity.

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Rail crew works on a portion of the South Rail Loop expansion at America’s Central Port.

The Port is paying all of the cost of the $2.5 million project through loan funds.

Both projects are scheduled for completion by January 1, 2017, and they will create operational advantages at the Port. Going forward, the Port can accommodate multiple unit trains simultaneously, to better serve their customers.

“At a time when our states and federal government are struggling to build and maintain their infrastructure, America’s Central Port is showing that it can be done, and businesses will take advantage of a strong and reliable transportation system,” said Stahlman.

“We have such a unique opportunity in our region,” said Dr. Charles (Chip) King, Chairman of the Board of America’s Central Port. “Our location in the heart of our nation’s transportation system allows us to offer unique and efficient transportation advantages to our tenants and the region, and the Commissioners and staff at the Port want to be sure that we are capitalizing on all of those opportunities.”

Looking to the future, engineering and planning staff members at the Port have worked diligently to map out the next several projects. These future plans would rehabilitate approximately five to six miles of rail track, and improve the capacity for their operators, while constructing new buildings.

“The Port has a commitment to our tenants and our region,” said King. “Our talented staff never stops looking for ways to not only improve the infrastructure we have in place, but to add to it. With the growing population and the projected increase in demand for goods, we want to be best prepared to handle those increased amounts of freight. Our goal has been, and remains to provide our tenants and the region with the maximum transPORTunities, so that together we can leverage the St. Louis Region as the transportation powerhouse it is naturally designed to be.”

 

 

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Port District Receives Illinois Intrastate Shuttle Project Designation

FOR IMMEDIATE RELEASE                                                 FOR INFO: Megan Dittman 618-452-8422 September 13, 2016

 

Port District Receives Illinois Intrastate Shuttle Project Designation

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The Administrator of U.S. Department Administration, Maritime Administration, Paul “Chip” Jaenichen presents Dennis Wilmsmeyer, Executive Director of America’s Central Port, with the America’s Marine Highway Award to recognize the Port for their Illinois Intrastate Shuttle Project Designation for the potential future movement of sea containers on river barges.

Granite City, IL:  The Administrator of U.S. Department of Transportation, Maritime Administration, Paul “Chip” Jaenichen, and Federal Highway Administrator Gregory Nadeau visited the recently opened Madison Harbor at America’s Central Port Monday, September 12th.

 

Both Administrator Jaenichen and Administrator Nadeau participated in the Administrators’ Roundtable on the Freight Economy held by Bi-State Development Agency Monday morning in downtown St. Louis.

Following the roundtable, Administrator Jaenichen, Administrator Nadeau, and several transportation professionals from the St. Louis Region took a tour of various logistics areas including St. Louis River Terminal, Lange-Stegmann, and America’s  Central Port.

While at America’s Central Port, Administrator Jaenichen presented Dennis Wilmsmeyer, Executive Director at America’s Central Port, with a plaque to recognize the Port District for their Illinois Intrastate Shuttle Project Designation for the potential future movement of sea containers on river barges.

“The planning and investment in infrastructure by the Port District has been impressive,” said Administrator Jaenichen. “This river facility is like a field of dreams to those of us in the transportation industry. The design of this facility brings together the three major modes of freight transportation at a location that creates lock and ice free transportation, saving operators both time and money, and ultimately creating endless transportation opportunities for the region,” said Jaenichen.

“We are grateful for this award,” stated Wilmsmeyer “The Port District strongly believes in reinvestment in the infrastructure so that we as a region may continue to grow and thrive. ” The designation was in large part due to the work done by the Illinois Soybean Association for grain export to overseas markets in containers. The project designation makes the future container-on-barge opportunities at America’s Central Port eligible for federal funding.

 

 

 

 

 

 

 

 

 

 

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Port District Diversifies Campus

FOR IMMEDIATE RELEASE                                                 FOR INFO: Megan Dittman 618-452-8422

Granite City, IL:  The Board of Commissioners and staff members at America’s Central Port are excited to announce their newest tenant of the 1,200-acre business and industrial campus, Gateway Legacy Christian Academy (GLCA).

“This is a great opportunity for the Port District, and for the City of Granite City,” said Dr. Charles King, Jr., Port District Chairman. “America’s Central Port is more than just your average business industrial campus filled with warehousing and office buildings,” King said. “We constantly look for ways to expand, improve and diversify our uniquely designed campus, and the addition of Gateway Legacy Christian Academy does just that.”

GLCA offers a three-year diploma program to high school aged students, as well as a post- grad program. Their academic community was designed to create a space for students to grow, thrive, and excel spiritually, academically, socially, and physically.

“The heart of the Gateway Academy experience is creating a challenging academic environment that gives students the desires and skills to achieve their dreams at the highest level,” said Melissa Morrison, Head Master at GLCA. “We are extremely excited to bring the ever expanding program to America’s Central Port.”

The five-year lease agreement between the Port and GLCA will expand the footprint of the Port to now include multiple classrooms, dormitory, dining hall, kitchen and athletic fields.

“The campus at America’s Central Port will help further facilitate more students’ dreams from the metro east as well as the greater St. Louis area. GLCA is also the home each year to dozens of international students from all over the world. We look forward to introducing them, and their families, to the Granite City community,” said Morrison.

 

 

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America’s Central Port District Board Elects New Officers

FOR IMMEDIATE RELEASE                                                 FOR INFO: Megan Dittman 618-452-8422
July 18, 2016

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Newly elected Board Chairman Dr. Charles King, Jr. (left) receives the gavel from former Board Chairman John Hamm, Mayor of Madison, Illinois.

Madison County, IL: America’s Central Port Board of Commissioners appointed Dr. Charles E. King, Jr. as the new Board Chairman of the Port District for a one-year term at the Annual Meeting held Monday, July 11.

Dr. King replaces outgoing Chairman, John Hamm III, Mayor of Madison, IL., who remains on the Board of Commissioners.

Significant projects during Hamm’s tenure as Chairman the Port District include the completion of construction of the $50 million Madison Harbor; the largest project the Port has undertaken since its inception, the groundbreaking of an advanced chemical processing plant, and the groundbreaking of a bulk storage facility to support the new harbor.

Dr. King thanked Mayor Hamm and presented him with a plaque commemorating his service to the Port District.

“On behalf of the Port Board of Commissioners and staff at America’s Central Port, I would like to thank Mayor Hamm for his leadership and guidance during his time as Chairman,” said Dr. Charles E. King, Jr. “The Port District has focused on job growth and transportation investments, and I plan to continue that mission,” King said.

Other appointments at the annual meeting included Mayor Tyrone Echols of Venice, IL as Secretary and Mayor Brant Walker of Alton, IL as Treasurer.

 

 

 

 

 

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