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Business & Industry
Port of Beaumont Board of Commissioners
by Garrett Bryce
Monday, February 26, 2018

The Port of Beaumont Board of Commissioners today voted unanimously to approve a tax abatement agreement for property located in the Dow Chemical Company Reinvestment Zone.

Dow Chemical Company plans to invest $109 million in a project that will retain 60 permanent jobs, according to Port Director and CEO Chris Fisher. Listen (4:26)

The abatement is for a six-year term, with 90 percent of the taxable value eligible improvements to be abated in the first year, reducing over the term to a 30 percent abatement in the final year.

The board voted to approve a change order to the PAT Tank, Inc. contract for the 2300 Series Tanks Projects.

The change order increases the contract amount by $61,262 to provide for additional work, bringing the contract total to $5,410,726.

The board voted to approve a change order to the M&I Electric Industries contract for the 2300 Manifold MCC-6 Electrical Building Project.

The change order resulted in an increase of $1,325, bringing the contract total to $569,215.

Both change orders are related to the liquid bulk terminal project with Jefferson Energy.

The board voted to approve a liquid bulk stevedore franchise for Petroleum Service Corporation.

The board voted to award a contract to Simmons Recovery Consulting for comprehensive disaster recovery FEMA grant management consulting services.

The company will provide assistance to the port regarding grant funds for damages to the port caused during Hurricane Harvey.

All items were approved. All votes were unanimous with Commissioner Louis Broussard absent. Agenda




GRCC
Remembering Jim Guidry Bay Area Houston Economic Partnership


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