Thursday, July 26, 2012
Vallejo, Calif shipping hub?
Vallejo, Calif – positioned up in the San Francisco Bay Delta - may soon transform into a commercial shipping hub, as the city is considering the purchase and conversion of the former General Mills site into a center for the transport of good by truck, rail or barge.
An entity called the Vallejo Marine Terminal, LLC, wants approval to open an international center for commodity shipments. The Vallejo City Council on Tuesday voted to extend an existing ground lease for its portion of the former General Mills property.
Vallejo Marine Terminal representatives plans to integrate rail, truck and ship transport for its products, including lumber, grain and steal, city economic development director Ursula Luna-Reynosa advised the council.
The company could increase city income by a $40,000 a year, Luna-Reynosa wrote in a council report. The company's plans to sublet the site to other businesses, including a possible manufacturing facility, may result in extensive energy use and site capital improvements and an estimated $265,000 in tax revenue, Luna-Reynosa wrote.
The waterfront former mill was built in 1918 for Sperry Mill, sold to General Mills in 1929.
For more of the Vallejo Times-Herald story: timesheraldonline.com
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