Will this terminal have a positive economic impact on Port Aransas?

Yes, the terminal will have positive direct and indirect economic impacts in Port Aransas.  Tenant’s improvements on Port-owned property inside the city limits will be subject to ad valorem taxes and will thus generate tax revenue for Port Aransas.  Likewise, because the Port is a governmental entity, the revenue earned by the Port through the lease agreement with Lone Star Ports and/or any other tenant at Harbor Island will be re-invested directly into new infrastructure and into the community at large.  Further, the salaries received by the individuals employed directly and indirectly to support the terminal will translate directly into additional economic activity in our community.

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