BY BRIAN MAFFLY
The Utah Legislature last week approved a $53 million investment in an Oakland, Calif., export terminal, but the state'scoal-shipping aspirations may still be just a dream.
So far, Utah is the only entity that may pledge money toward building a $275 million bulk-freight terminal at the deep-water port under construction at the site of the former Oakland Army Base.
But Utah wouldn't pay up until $200 million in private financing is secured — and the identity of those investors and the status of their contributions is unknown.