2. CONTENTS BRIDGEVIEW TERMINAL
BACKGROUND
PROJECT OVERVIEW
PROJECT TIMELINE

3. BACKGROUND BRIDGEVIEW TERMINAL
April Port of Longview Board of Commissioners adopts Strategic Business Plan, a roadmap to generate jobs and economic growth
Leasing Bridgeview Terminal aligns with the strategic plan goals and allows for the opportunity to increase productivity of an under utilized asset.
Leasing Bridgeview Terminal would allow for the opportunity to increase productivity of an underutilized asset.
One goal of the Strategic Business Plan included incorporating additional assets within the Port’s Leased Marine Terminal Portfolio in an effort to generate revenue to capital projects that increase the Port and communities marketability toward new business.

4. PROJECT OVERVIEW BRIDGEVIEW TERMINAL

5. PROJECT OVERVIEW BRIDGEVIEW TERMINAL
Commodities handled at Berth 2 include dry bulk chemicals, fertilizers and grains
ammonium phosphate, potassium magnesium sulfate, ammonium sulfate, soda ash, beet pellets, sodium sulfate (salt cake), bentonite clay, sodium sulfite, bone meal, soya meal, corn gluten meal, sulfate of potash, grain malt, talc rock, hay cubes, tropicote, malting barley, urea and muriate of potash

6. PROJECT OVERVIEW BRIDGEVIEW TERMINAL
June 2016, the Port of Longview issued a Request for Interest for its Berth 1 & 2 facilities, renamed Bridgeview Terminal.
September 2016, in response to interest Port issued a Request for Proposal
Project Vetting process determined International Raw Materials (IRM) would best utilize Bridgeview Terminal

7. PROJECT OVERVIEW BRIDGEVIEW TERMINAL
IRM, an international company based in Philadelphia, PA, that markets and distributes crop nutrients and industrial bulk commodities
1981- IRM becomes Berth 2 Port
Instrumental in expanding the Berth 2 facility
1991 – IRM averages just under 600,000 MT/year
2001 – Kinder Morgan purchases operating rights from IRM, averages 360,000 MT/year

8. PROJECT TIMELINE BRIDGEVIEW TERMINAL
June 2016 – Port Issues Expression of Interest for Bridgeview Terminal
September Port Issues Request for Proposals for Bridgeview Terminal
April 2017 – IRM announced/presented as best proposal and negotiations begin.
June 2017 – Commission adopts Project Vetting Policy
August 2017 – Bridgeview Lease Term discussed at Regular Commission meeting/public meeting
October 2017 – Lease ready to be presented to Commissioners at Commission Meeting/public meeting