But there is much more than tax negotiations to be resolved for the complex Avondale deal to close:The T-P story doesn't say much about how many jobs this might mean. The WVUE story it cites says 2,500 although there's little information as to what the conditions and quality of that work will be.
Jefferson Parish President Mike Yenni said the U.S. Army Corps of Engineers, the West Jefferson Levee District and the parish government also have some interest in the matter.
- Although the site is on the West Bank of Jefferson Parish, the Port of New Orleans is involved, in part because it sets tariffs on the Mississippi River in Jefferson, Orleans and St. Bernard parishes and because it owns the New Orleans Public Belt Railroad that crosses the river nearby on the Huey P. Long Bridge.
- Six Class I railroads serve the port, and one of them, Union Pacific, controls the Avondale rail yard.
- HRE New Orleans and Huntington Ingalls have not announced an agreement on price.
Friday, August 31, 2018
Everybody's gotta figure out their cut
They've spent the better part of this year trying to get Avondale "back into commerce" as a transshipment facility. I think the progress supposedly being reported here is that Jefferson Parish is giving them a PILOT. It's complicated by the fact that there are sooo many entities for the new operator to wring money out of.
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