Port Brokerage Policy Suspended

The City of Tulsa-Rogers County Port Authority has suspended its real estate brokerage policy until a replacement is developed, said Robert W. Portiss, director of the Tulsa Port of Catoosa.
Portiss added that it might be probably in three to four months before a new policy can be ready to be used.
The authority also approved at its October meeting the sale of about 30 acres of land in its Riverview Business Park for $727,500.
At its April meeting the authority was urged by Tom O’Brien, president of CB Richard Ellis of Tulsa, and Paul Williams, vice president, to change the policy.
The authority has had the procedure in place on effect since the port opened with the current policy implemented April 1, 1996.
The authority has been told that the 1996 policy is not consistent with state and local Realtor boards.
Until a new policy is adopted, commissions on leases or sales will be negotiated by the staff under rules set by the authority.
Valmont Industries, Inc. of Omaha, which presently has a galvanizing plant on 15 acres of land at the Riverview site wants to acquire another 30 acres for the manufacture, storage and distribution of steel products, the authority was told.
Jon Stuart, a member of the authority, in recommending the sale said, “I think we need to go for it.”
The sale is contingent on the Rogers County zoning board approving some changes that have been requested.
Riverview Business Park consists of about 265 acres that abuts the northeast corner of the port property purchased with City of Tulsa bond funds.
Valmont has 34 plants that extend from Bartow, Fla. to Barstow, Calif. as well as South American, Europe, Africa and China.
Besides the plant adjoining the port, it also has a facility at 801 N. Xanthus in Tulsa.
Becco Contractors, Inc. was awarded a $542,097 contract to build a new 1,500-foot north entry road for the port.
Three other firms bid on the project with the highest bid at $712,494. Engineers had estimated the cost at $570,000.
The state transportation department earlier had awarded Becco a $974,059 contract for work on S.H. 266 where it will intersect with the new north entry road and Keetonville Road in Rogers County.
Acceleration, deceleration and turning lanes will be built by the stated at the juncture which will be equipped with signal lights.
A 3,000-foot rail track extension on the port’s right-of-way between it and Catoosa has been completed with the authority approving a $22,758 change order. That brought the total project cost to $424,474. The track will be used as a storage siding for increased rail traffic at the port.
Barge traffic dropped a bit during September at the port, but remained up for the year-to-date and Portiss remained confident that the 2006 total would be near two million tons.
Shippers moved 137,407 tons through the port during September with outbound cargo accounting for 59,983 tons on 38 barges and inbound traffic totaling 77,424 tons on 53 barges.
By comparison, the August traffic was 196,890 tons on 116 barges and the September 2005 traffic was less at 126,854 tons on 73 barges.
The year-to-date totals were 1.74 million tons requiring 1,054 barges this year compared with 1.43 million tons on 857 barges at the same time in 2005.
The September traffic accounted for 48 percent of the 287,200 tons of freight moved along the Oklahoma portion of the Arkansas Waterway and 12 percent of the 1.13 million tons carried along the entire two-state route.

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