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Economy and Business


Port of Cleveland looking ahead despite recent setbacks
Resignations and financial problems threaten some major projects
by WKSU's KEVIN NIEDERMIER


Reporter
Kevin Niedermier
 
Recent upheavals at the Port of Cleveland have put into question major plans that would open a large swath of prime downtown lakefront for development. Earlier this month, the port's president, Adam Wasserman, abruptly quit with a $300,000 buyout the port won't discuss. Then, port officials announced the agency doesn't have the 158-million dollars it needs to start building a new containment area for dredge material. A new containment facility is essential to shipping, and to the planned move of the port from downtown. From WKSU's Cleveland studios...Kevin Niedermier takes a look at the port's mounting problems, and what some of the solutions might be.
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Listener Comments:

Thanks for this report about HUD issues. Same rules should apply to all. How is HUD different from rest of us. I have a similar issue with home warranty companies as well. I got cheated by 2 warranty companies. They simply find a way to reject your claim. These companies are not governed by the same laws that is applicable to car insurance companies or what? Anyways, I posted my rant on this home warranty site and also complained to BBB. I hope someone someday will teach them a lesson...


Posted by: Gene Proine (Cleveland, OH) on December 31, 2009 1:10PM
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