The city and Port Alberni Port Authority have renewed an accord that provides $95,000 for city coffers for the next five years.
The accord also sets out terms of cooperation between the two bodies on one-off projects, current leases and agreements as well as for future initiatives.
The $95,000 is to be directed to projects that enhance, improve or create new waterfront or marine-related infrastructure.
One-off projects include property amalgamation, Fishermen’s Harbour redevelopment, shoreline master plan development and the Waterfront North Development Study.
Current agreements include Harbour Road maintenance, sewer pipeline crossing rental and an effluent lagoon lease.
The accord itemized future projects the two bodies are proposing to collaborate on including long-term lease of the plywood mill site, Catalyst mill land acquisition, and a container trans-shipment terminal.
The accord was originally developed in 1987. Notes in the document describe it as a living document, which can be continually edited as the relationship evolves.