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Canadians seek millions for terminal

Written by  Robert Levin Wednesday, April 03, 2013 at 1:32 pm
The ferry terminal on Eden Street in Bar Harbor has sat idle since 2009, when the Canadian government revoked what had become a $6-million annual subsidy to keep The Cat high-speed ferry (pictured here) running between Bar Harbor and Yarmouth, Nova Scotia. The ferry terminal on Eden Street in Bar Harbor has sat idle since 2009, when the Canadian government revoked what had become a $6-million annual subsidy to keep The Cat high-speed ferry (pictured here) running between Bar Harbor and Yarmouth, Nova Scotia. FILE PHOTO

BAR HARBOR — The Canadian government will seek fair market value for the idle international ferry terminal property on Eden Street here.

Local and state officials had hoped that the Canadians would sell the property for a nominal fee, just as they were able to purchase it from the State of Maine in 1985 for $1. Maine Port Authority (MPA) director John Henshaw, however, said that the latest move is not necessarily a deal-breaker.

The MPA decided to seek ownership of the property and entertain building a cruise ship pier there after the first phase of a study on the ferry terminal by Bermello, Ajamil & Partners, Inc. (B&A), a maritime and cruise industry consulting agency, was released.

The study found that even at an estimated cost of $16.7 million, building a cruise ship pier at the ferry terminal would lead toward a profitable operation.

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Robert Levin

Robert Levin

Robert Levin is an award-winning reporter covering the Bar Harbor community. His beat includes municipal government, school happenings, real estate development and the business community. Robert also covers the visual and performing arts, writing about painting, music and other topics. He is often seen with his camera at community events. Robert enjoys living in Bar Harbor with his family.

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