BAR HARBOR — A $3 million bond issue to fund the state’s purchase of the now-defunct international ferry terminal property is proposed in the Maine legislature.
The proposed bond enjoys bi-partisan support. It was presented by Maine Senator Brian Langley, R-Hancock County, and co-sponsored by Maine Representative Brian Hubbell, D-Bar Harbor, among others. It would bolster attempts to negotiate with Marine Atlantic, a Canadian Crown Corporation, for purchase of the Eden Street property for use as a cruise ship pier, Langley said.
Last year Bar Harbor had more than 130 cruise ship visits.
The $3 million would help fund the purchase by the Maine Port Authority. The authority became interested in the property in 2012, after a maritime consulting agency identified sound economic and social benefits to converting it into a cruise ship terminal.