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Port of Houston Authority
by Garrett Bryce
Monday, April 16, 2018

The Port Commission of the Port of Houston Authority today voted unanimously to accept the Comprehensive Annual Financial Report for FY2017.

The port received a clean, or unmodified, opinion of its financial statements as the audit conducted for the report. An unmodified opinion is the highest assurance that the port’s financial statements accurately reflected its financial position for the year.

The commission voted unanimously to approve a $4 million agreement with the United States Army Corps of Engineers for maintenance dredging of berths at the Bayport Container Terminal and Auto Terminal and Barbours Cut Terminal.

The commission voted unanimously to authorize agreements with the U.S. Army Corps of Engineers in support of the Federal Section 217(b) process and port authority dredged material placement agreements with channel companies.

The commission voted unanimously to approve the purchase of 41 vehicles needed by the Barbours Cut Terminal, Bayport Container Terminal, Central Maintenance, Fire Department, Project & Construction Management, and Port Police Departments from Caldwell Country Chevrolet for an amount not to exceed $1,133,900.

The commission voted unanimously to adopt a resolution finding the necessity for the issuance of bonds and providing for certification to the Harris County Commissioners Court for the issuance of refunding bonds to purchase, refund or defease all or a portion of $19,640,000 in bonds issued in 2006 and $182,045,000 issued in 2008.

The commission took no action resulting from items discussed in closed session.

All other items were approved by unanimous vote. Commissioner John Kennedy was absent. Agenda

The next meeting of the port commission will be held on May 17 at 10 a.m.

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