LORAIN PORT HIRES FIRST FEMALE EXECUTIVE DIRECTOR
December 11, 2024
NOTICE OF PUBLIC HEARING
December 3, 2024
NOTICE IS HEREBY GIVEN that the Lorain Port Authority (the “Port Authority”) will hold a public hearing at 4:00 p.m., Eastern Time, on December 10, 2024, in the board room at 319 Black River Lane, Lorain, Ohio 44052, with respect to the proposed issuances by the Port Authority of multiple series of economic development revenue bonds as part of a plan of finance, issued separately in an aggregate principal amount not to exceed $20,000,000 (collectively, the “Bonds”), the proceeds of which will be made available to Saint Therese of Avon, LLC (the “Borrower”), an Ohio limited liability company, the sole member of which is Saint Therese Communities (the “Sole Member”), a Minnesota nonprofit corporation that has been determined by the Internal Revenue Service to be an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”).
The proceeds of the Bonds will be made available to the Borrower and used to (A) currently refund a portion of the $25,000,000 2024 Bridge Loan, dated December 2, 2024, from Bremer Bank, National Association, to the Borrower, which financed the costs of acquiring a portion of a continuing care retirement community located at 35755 Detroit Road, Avon, Ohio 44011, which is legally owned by the Borrower (the “Project”) and (B) pay the costs of issuing each series of Bonds (collectively, the “Plan of Finance”) (collectively, the “Plan of Finance”). THE PROPOSED BONDS WILL NOT CONSTITUTE GENERAL OBLIGATIONS, DEBT, OR BONDED INDEBTEDNESS, OR A PLEDGE OF THE FAITH AND CREDIT, OF THE PORT AUTHORITY, THE STATE OF OHIO, OR ANY POLITICAL SUBDIVISION THEREOF OR REQUIRE THE USE OF THE GENERAL RESOURCES OF EITHER THE PORT AUTHORITY, THE STATE, OR ANY POLITICAL SUBDIVISION THEREOF FOR THEIR PAYMENT. RATHER, The payment of debt service on the Bonds will be paid from LOAN PAYMENTS made by the SOCIETY under a loan agreement between the Port Authority and the SOCIETY.
All interested persons are invited to attend such public hearing to express their views with respect to the Plan of Finance, the nature and location of the Project and the Bonds. Written comments concerning the foregoing may be submitted to the Lorain Port Authority, 319 Black River Lane, Lorain, Ohio 44052, Attn: Tiffany McClelland, on or before 4:00 p.m., Eastern Time, December 9th, 2024.
Lorain Port Executive Director Shifts Roles
Lorain Port Promotes Tom Brown to Operations Director
October 15, 2024
The Lorain Port and Finance Authority Board of Directors met this evening to discuss the necessity of a new position at the Lorain Port. With the recent acquisition of the Rockin’ on the River asset and the redevelopment plans at Black River Landing, the need for a new position was evident. After much deliberation on organizational structure, an Operations Director job position was created by the Board. This position will be responsible for the planning, coordinating, administering, and successful execution of events at Black River Landing which includes events managed by the Port, outside event coordinators or partnerships. The employee will be responsible for the site readiness of Black River Landing and will focus efforts on improving the physical infrastructure of the site as well as the event offerings to enhance the brand of Black River Landing. It was imperative that the agency find the right fit for this position, and it was clear to them who that could be: Executive Director Tom Brown.
Effective October 16th, 2024 Mr. Brown will assume the role of Operations Director. Due to the vacancy that this creates, the Board of Directors will immediately begin a search for the next Executive Director of the Lorain Port. While the search is underway, Assistant Director Tiffany McClelland will act as interim Executive Director.
Those interested in applying for the Executive Director position, please send a cover letter and resume to Brad Mullins at admin@lorainportauthority.com.
Critical Repairs and a Clear Channel on the way for Lorain Harbor
U.S. ARMY CORPS OF ENGINEERS – Buffalo District
Sep. 12, 2024
LORAIN, Ohio — The U.S. Army Corps of Engineers, Buffalo District is investing more than $14 million in breakwater repairs and dredging in Lorain Harbor.
Work by USACE and its contractors will ensure safe navigation for commercial and recreational vessels, prevent erosion along Ohio’s Great Lakes shoreline, and maintain the economic viability of the harbor and its historic lighthouse in the local and national economy.
“As communities along Lake Erie know, maintenance of the Lorain Harbor is essential to keeping our local and national economy running. I’m pleased to see these necessary improvements come to fruition as they will greatly benefit our Northern Ohio communities,” said Rep. Robert Latta (OH-5).
“Maintaining the operation of harbors like Lorain is a core part of our mission and essential to the economic strength of the nation,” said Lt. Col. Robert Burnham, USACE Buffalo District commander. “We’re proud of our partnerships with the City of Lorain, the Lorain Port and Finance Authority, the state of Ohio, and our representatives in Congress that have made this contract award possible, and we look forward to getting repairs and dredging completed on time, within budget, and effectively for the community.”
“The Lorain Port and Finance Authority is very appreciative of the efforts of the USACE as well as our elected congressional representatives for providing the leadership and much needed funding to maintain our breakwaters, as well as maintaining a steady and effective dredge schedule,” said Tom Brown, executive director of the Lorain Port and Finance Authority. “Congressman Latta has been a great leader and valued partner in advocating for these programs on behalf of our harbor. It is through support and partnerships that the Lorain Harbor remains viable for shipping and also recreational opportunities. We look forward to continued partnership and collaboration with the United States Army Corp of Engineers to continue this vital mission”
“The projects planned within the City of Lorain are critical to ensuring that city’s continued maritime legacy. Over the last several years, the city and our project partners have worked to design and construct the Black River Dredge Material Reuse Facility and we are thrilled to be accepting material this year. We are Lorain Proud, thankful to the U.S. Army Corps of Engineers for the major investments being made in Lorain, and look forward to years of continued partnership,” said City of Lorain Mayor Jack Bradley.
“The Lorain Lighthouse Foundation is very pleased to see this project begin. It is a much-needed repair to ensure the viability of the Lorain Harbor. It will also ensure the Lorain Harbor Lighthouse structure will remain stable and intact for us to continue to make it available for everyone to visit this magnificent structure. The Lighthouse was opened in 1917, closed in the mid 60’s and has been completely restored and maintained by a dedicated group of volunteers. We conduct tours, host “sunset” dinners and a variety of special events. We will work closely with the Army Corps of Engineers in any way needed,” said Ron Mantini, president/treasurer of the Lorain Lighthouse Foundation.
Dredging of the upper channel in the Black River began on Aug. 28 and is scheduled to be completed by the end of September by Michigan-based Dean Marine and Excavating under a $4.09 million contract awarded on May 2. A total of approximately 72,000 cubic yards of material is contracted to be dredged and placed in the City of Lorain’s Black River Dredge Reuse Facility.
A $10.2 million contract for breakwater repairs was awarded to Michigan-based Great Lakes Dock & Materials LLC on Aug. 26. The project will repair 1,000 linear feet of the 2,812-foot-long breakwater, from Lorain’s historic harbor lighthouse inwards toward the shoreline. The repair will include a stone overlay to bring the breakwater up to its original height of 10.2 feet above low water datum, a stone stability berm extending 30 feet beyond the toe of the new overlay, and a partial wrap around the lakeward end of the breakwater. Work is expected to begin in July 2025 and will be conducted over two construction seasons, with completion by fall 2026.
Both projects are 100% federally funded project.
Breakwater repairs and dredging are being conducted by marine barges. Marine traffic will not be obstructed, but vessels should exercise caution when navigating near the breakwater and dredging vessels.
USACE has completed multiple maintenance projects on Lorain’s breakwaters over the last three decades. Dredging of Lorain Harbor is conducted annually, based on availability of funding. The harbor was last dredged in 2023, with 55,000 cubic yards of sediment removed.
Lorain Harbor is a deep draft commercial harbor which handled 897,000 tons of cargo, including limestone (84%), and salt (6%) in 2021. Waterborne transportation facilitated by the harbor supports $42.2 million in business revenue, 179 direct, indirect, and induced jobs, and $13 million in labor income to the transportation sector.
Operation, maintenance and dredging of harbors like Lorain by USACE is critical to the economy of Ohio, the Great Lakes region, and the United States.
Photos and video of Lorain Harbor are available at: https://www.flickr.com/photos/buffalousace/albums/72157719339914916/with/51222828546 and https://www.flickr.com/photos/buffalousace/albums/72177720314537134/
Contact: Avery Schneider, Public Affairs
716.879.4410 / avery.p.schneider@usace.army.mil
Andrew Kornacki, Public Affairs
716.879.4349 / andrew.a.kornacki@usace.army.mil
Port Authority Purchases Rockin’ on the River – Concert Series to continue at Black River Landing.
Lorain Port & Finance Authority
Sep. 3, 2024
At a special call board meeting of the Lorain Port & Finance Authority, the Board of Directors voted to purchase the Rockin’ on the River concert series from Falls River Concerts LLC.
The Port has been a partner with Bob and Sandy Earley, the owners of Falls River Concerts LLC since the Summer of 2015 to provide quality entertainment at Black River Landing in an affordable, safe and secure fashion. With Bob’s announcement that he intended to retire after the 2024 season, the Port Board recognized the need to ensure that Rockin’ on the River continue at Black River Landing. Ongoing negotiations over the past two years led us to a positive agreement for both parties: Bob and Sandy get to enjoy retirement and Black River Landing retains Rockin’ on the River – a concert series that has come to mean so much to not only the citizens of Lorain, but the entire Northeast Ohio region.
“We are so excited to ensure that Rockin’ on the River is staying here at Black River Landing. We realize a lot of our supporters have been nervous about where it might go but have remained committed to the fact that it would not be the same anywhere else. Our supporters can be assued that we will deliver the same great entertainment at an affordable price in the Summers to come. With Bob and Sandy’s continued expertise and consultation, we will be sure to continue the 10-year tradition of this wonderful concert series.”