The Port of Pensacola’s four major revenue sources dropped nearly 30 percent from FY 2012 to FY 2016, according the city’s budget documents. The actual revenue figures for FY 2017 have not…
Tag: Port of Pensacola
What is Mayor Hayward’s position on Offshore Inland lease?
Pensacola Mayor Ashton Hayward has asked the City Council to take action to respond to the request from Offshore Inland Marine & Oilfield Services, Inc. (OIMO) to continue to accept OIMO’s monthly…
Offshore Inland cannot make balloon payment
On Aug. 31, Crystal Yasurk, vice president of finance and administration for OffShore Inland, sent Port of Pensacola Director Amy Miller a letter notifying the City of Pensacola that her company could…
Port of Pensacola 2018 budget is bleak
In May, Pensacola Mayor Ashton Hayward announced plans to convert Warehouse 4 at the Port of Pensacola into a marine research center in conjunction with the Florida Institute for Human and Machine…
Pensacola mayor works out payment plan with Port tenant
Next week, Mayor Ashton Hayward will ask the Pensacola City Council to approve a new financial agreement with Offshore Inland Marine & Oilfield Services, a lessee at the financially troubled Port of…
What is Mayor Hayward’s plan for the Port of Pensacola?
When Ashton Hayward took office, the future of the Port of Pensacola was an issue. Six years later, the Port is struggling and its viability in doubt. In 2011, Mayor Hayward appointed…
For Pensacola City Council: Oil prices predicted to drop
The Hayward Administration has been betting on crude oil prices going up by next summer in hopes of being able to collect on receivables owed by OffShore Inland and maybe finding a…
Dysfunction Junction: Pensacola Port of Problems
Last Thursday, Mayor Ashton Hayward’s recommendation concerning Offshore Inland failed to gain approval after the motion died for the lack of a second, even though the Pensacola City Council discussed the agenda…
Pensacola City Council to consider rent deferral for financially troubled tenant
The Pensacola City Council will vote to tonight on Mayor Ashton Hayward’s request to provide Offshore Inland Marine (OIM) a partial deferral of rent on Warehouse #9 and the ground lease premises…
Port of Pensacola past due receivables have skyrocketed
At the September Agenda Review for the Pensacola City Council, CFO Barker presented a slide that showed that OffShore Inland owed the Port of Pensacola over $700,000, of which $445,647 was more…
Joint meeting request missing paving discussion
Last Friday, Mayor Ashton Hayward let it be known that he would like the Pensacola City Council to schedule a joint meeting to give a construction update on the VT MAE project,…
‘DeepFlex’ no longer in Pensacola City Hall vocabulary
Will Isern of the Pensacola News Journal reports today that City Administrator Eric Olson said at last week’s budget workshops that the City Council was to drop ‘Deepflex’ from its vocabulary. The…