It will cost more than $124 million to build a new multipurpose terminal in Humboldt Bay to support offshore wind energy, according to a preliminary cost estimate prepared for the Harbor, Recreation and Conservation District.According to a staff report, it will take an estimated $40 million just to demolish the existing wharf and replace it with one strong enough to service the turbines, which weigh some 500 tons each. Dredging and earth filling efforts would run another estimated $7.3 million, in addition to $21 million in indirect construction costs and $8.8 million for upland improvements.Read More