Seaports Magazine - Spring 2017 - 17

» FEATURE

FOLLOWING UP ON
THE FUNDING TRAIL
By Candace Gibson

T

here are many reasons a port
seeks funding for improvement
projects. Perhaps its highway
arteries are clogged, its warehouses are in need of repair, or its space
is maxed out - and tenants want more.
Everyday use and time take a toll on
a port, and while there are budgets
for necessary upkeep, to invest
earnestly in improvement
projects is another matter entirely.
Capital for port
expansion and

freight projects is difficult to secure. Federal
dollars aren't always a reliable source for
ports; in recent years, a significant amount
of federal money going to ports was dedicated to the specific purpose of channel
deepening. Ships are getting bigger, and
the U.S. is catching up with the rest
of the world berthing ships and
bringing them into port. That
money aside, when a port
sets its sights on other
initiatives, the onus is
on the port to find
the funds. In

addition to FASTLANE and TIGER grants,
there are other ways to source money. Port
of Vancouver USA, Philadelphia Regional
Port Authority and ProvPort in Providence,
RI, all have success stories to share about
securing funds.
The West Vancouver Freight Access
Project (WVFA) at Port of Vancouver USA
has been a decades-long effort to ameliorate
congestion by improving rail infrastructure.
Funding for the $275 million project has
been sourced from federal and state grants,
as well as port tenants and BNSF Railway.
The port itself contributed 71 percent of the
funds through revenue generated by operations, revenue bonds and general obligation bonds. Abbi Russell, Communications
Manager, says, "When you have a need, you
gather your partners and your messages.
Go out and look for those opportunities.
The money is out there if you tell a really
good story."
Getting this monumental project funded
fully is certainly proof of that. Monty
Edberg, Director of Engineering, points out
that the mutually beneficial results of rail
infrastructure improvement made for the
most compelling story. What he describes
as a "bottleneck in the system" affected
both port tenants and people using the railroad mainline. In order to fix the bottleneck, the Washington State Department
of Transportation, the City of Vancouver,
BNSF and the private developer Columbia
Waterfront LLC collaborated. "There was
a lot of interdependency," Edberg says.
"All partners needed to work together to
get results." The improvements benefited
the port - nearly tripling capacity for rail
cars is a major win - and the community
has benefited, too, with new commercial
developments, residential areas and park
spaces and trails.
Finding funds for the WVFA was a long,
exhaustive process. "Before we got a cent of

SPRING 2017 * WWW.AAPASEAPORTS.COM

17


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Table of Contents for the Digital Edition of Seaports Magazine - Spring 2017

AAPA Headquarters
From the President’s Desk
Ports’ Power as Conveners
FAST Act Impact
Following Up on the Funding Trail
Infrastructure Coordination: Competing Globally, Acting Locally
A Digital Vision of Leadership: Using Technology to Improve the Supply Chain in Los Angeles
XXV Latin American Congress of Ports
Every American, Every Day is Impacted by Port Activities
LED Lighting – The Right Choice for Ports?
Index of Advertisers
Seaports Magazine - Spring 2017 - into
Seaports Magazine - Spring 2017 - bellyband1
Seaports Magazine - Spring 2017 - bellyband2
Seaports Magazine - Spring 2017 - cover1
Seaports Magazine - Spring 2017 - cover2
Seaports Magazine - Spring 2017 - 3
Seaports Magazine - Spring 2017 - 4
Seaports Magazine - Spring 2017 - 5
Seaports Magazine - Spring 2017 - AAPA Headquarters
Seaports Magazine - Spring 2017 - 7
Seaports Magazine - Spring 2017 - From the President’s Desk
Seaports Magazine - Spring 2017 - 9
Seaports Magazine - Spring 2017 - Ports’ Power as Conveners
Seaports Magazine - Spring 2017 - 11
Seaports Magazine - Spring 2017 - 12
Seaports Magazine - Spring 2017 - 13
Seaports Magazine - Spring 2017 - FAST Act Impact
Seaports Magazine - Spring 2017 - 15
Seaports Magazine - Spring 2017 - 16
Seaports Magazine - Spring 2017 - Following Up on the Funding Trail
Seaports Magazine - Spring 2017 - 18
Seaports Magazine - Spring 2017 - 19
Seaports Magazine - Spring 2017 - Infrastructure Coordination: Competing Globally, Acting Locally
Seaports Magazine - Spring 2017 - 21
Seaports Magazine - Spring 2017 - 22
Seaports Magazine - Spring 2017 - 23
Seaports Magazine - Spring 2017 - A Digital Vision of Leadership: Using Technology to Improve the Supply Chain in Los Angeles
Seaports Magazine - Spring 2017 - 25
Seaports Magazine - Spring 2017 - XXV Latin American Congress of Ports
Seaports Magazine - Spring 2017 - 27
Seaports Magazine - Spring 2017 - Every American, Every Day is Impacted by Port Activities
Seaports Magazine - Spring 2017 - 29
Seaports Magazine - Spring 2017 - LED Lighting – The Right Choice for Ports?
Seaports Magazine - Spring 2017 - 31
Seaports Magazine - Spring 2017 - Index of Advertisers
Seaports Magazine - Spring 2017 - 33
Seaports Magazine - Spring 2017 - 34
Seaports Magazine - Spring 2017 - cover3
Seaports Magazine - Spring 2017 - cover4
Seaports Magazine - Spring 2017 - divider1
Seaports Magazine - Spring 2017 - divider2
Seaports Magazine - Spring 2017 - 41
Seaports Magazine - Spring 2017 - 42
Seaports Magazine - Spring 2017 - 43
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