Published on January 11, 2023 at 12:47 pm
The Jacksonville City Council approved $27.5 million in financing for the Jacksonville Port Authority’s push to raise six high-voltage transmission lines over the St. Johns River to give additional clearance to large ships coming into the Blount Island Marine Terminal.
The Council voted 19-0 on Tuesday to lend JAXPORT $12.5 million, create a $5 million line of credit and award a $10 million grant for the project.
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JAXPORT says the JEA-owned power lines over the Fulton Cut St. Johns River Crossing will be raised to 225 feet to get the benefit of its four-year, $420 million harbor-deepening project.
Read the rest of this story at the Jacksonville Daily Record, Jacksonville Today news partner.
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