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Park Part of $252M Oakland Harbor Deepening

OAKLAND, CA-The deepening project is expected to spark an estimated 8,000 jobs, $1.9 billion in increased annual business revenue and $55.5 million in increased local taxes each year.

By Michelle Savage | Updated on February 26, 2002

OAKLAND, CA-East Bay Regional Park District has voted unanimously to negotiate a management agreement with the Port of Oakland regarding operations of Middle Harbor Shoreline Park. Both parties have signed a Project Cooperation Agreement that clears the way for deepening the Oakland Harbor and Port-maintained berths from 42 feet to 50 feet.

A Project Cooperation Agreement is a formal contract between the federal government and the non-federal sponsor for a federally funded water resources project. The Army Corps of Engineers is the responsible federal agency and the Port of Oakland is the non-federal sponsor.According to U.S. Customs, the volume of imported cargo moving through U.S. ports will triple by the year 2020. Deepening of Oakland Harbor to -50 feet positions the Port to remain competitive by opening the way for the latest generation of container vessels to call at the Port of Oakland.

The total estimated cost for the project is $252 million. Of this amount, the Port will spend about $124 million. Project components include slight widening and deepening of the harbor entrance, outer and inner harbor channels, and two turning basins to -50 feet, as well as utility relocations. The Port will also deepen its berths and strengthen its wharves as part of the project. The project is closely associated with the Port’s construction of new marine terminals and a joint intermodal terminal at the entrance to the Estuary.

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