Port of Columbia County to consider leasing 80 acres to NEXT

June 6, 2019 |

In Oregon, Port of Columbia County Commissioners voted Wednesday to amend a site development and option agreement with NEXT Renewable Fuels allowing the Port to consider leasing 80 acres to NEXT for an Advanced Green Diesel production facility.

The 80-acre parcel is adjacent to the 25 acres NEXT recently secured from Teevin Bros, providing a contiguous 105-acre site where NEXT will develop a facility to produce 37,500 barrels per day of Advanced Green Diesel. Both parcels are zoned for industrial use.

Specifically, the Port and NEXT have amended the Site Development and Option Agreement, which they entered into on Sept. 12, 2018, to reflect NEXT’s selection of the 80-acre property adjacent to its existing 25-acre plot. The planned Advanced Green Diesel production facility is projected to create more than 200 full-time, family-wage jobs, generate more than $12 million a year in local property tax revenues, and pay more than $5.5 million Port fees.While the new site is in the Enterprise Zone, NEXT has committed that it will not accept any tax breaks, and will pay the full amount to the local community.

Print Friendly, PDF & Email

Tags: , ,

Category: Fuels

Thank you for visting the Digest.