HOUSTON, Jan. 22, 2007 (PRIME NEWSWIRE) -- The Commission of The Port of Houston Authority (PHA) was briefed on yet another record-setting fiscal year by the port authority at its January 22 regular meeting. Chairman Jim Edmonds presided over the meeting with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria and Commissioner Elyse Lanier.
Record-Breaking Performance
PHA Executive Director H. Thomas Kornegay delivered a presentation highlighting PHA's 2006 record results in operating revenue, container volume and tonnage. For the seventh consecutive year and the 10th year over the past 11, PHA operating revenue reached a record high in 2006. Un-audited figures show PHA earned $164.7 million, up from $154 million in 2005.
To view a version of the presentation, link to: www.portofhouston.com/pdf/news/01.22.07.HTK.2006.Year.End.Review.pdf
Cargo Bay Road Gate
(Agenda item K1) Commissioners authorized the advertising and receipt of competitive sealed proposals (CSPs) for the Cargo Bay Road Gate. The estimated $1 million to $2 million project is related to the current secured truck entrance at Cargo Bay Road. The project will involve the construction of a six-lane truck gate, including paving, installation of water and utility lines, a primary and secondary guard booth and other related infrastructure.
Economic Development Matters
(Agenda item M1, M2) Commissioners approved respective one-year subscription service agreements with the Economic Alliance Houston Port Region for $40,000 and The Urban League for $25,000. The service agreements will help to promote economic development.
Memorandum Of Agreement
(Agenda item M3) The commission approved a Memorandum of Agreement with Buffalo Bayou Partnership to support the Buffalo Bayou cleanup and beautification program. PHA will provide $50,000 and other in-kind services toward the program. The overall goal of the program is to make the Houston Ship Channel and PHA's Turning Basin cleaner, enhance the port's image among visiting customers, officials and residents, and highlight the PHA's contributions to ecological conservation.
This news release is not a substitute for the official PHA agenda. To view the complete agenda, please visit: http://portofhouston.com/publicrelations/meetings.html
The Port of Houston Authority owns and operates the public facilities located along the Port of Houston, the 25-mile long complex of diversified public and private facilities designed for handling general cargo, containers, grain and other dry bulk materials, project and heavy lift cargo, and other types of cargo. Each year, more than 7,000 vessels call at the port, which ranks first in the U.S. in foreign waterborne tonnage, second in overall total tonnage, and 10th largest in the world. The Port Authority plays a vital role in ensuring navigational safety along the Houston Ship Channel, which has been instrumental in Houston's development as a center of international trade. The Barbours Cut Container Terminal and Central Maintenance Facility are the first of any U.S. port facilities to develop and implement an innovative Environmental Management System that meets the rigorous standards of ISO 14001. Additionally, the port is an approved delivery point for Coffee "C" futures contracts traded on the New York Board of Trade's Coffee, Sugar & Cocoa Exchange.
For more information, please visit www.portofhouston.com
To access the port's web site photo gallery, please visit http://www.portofhouston.com/publicrelations/publicrelations.html and click the link for PHA Photo Gallery.
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