PHA Commission Considers Sale of Tax Refunding Bonds

Style News Wire | 12/14/2009, 7:07 p.m.
The Port Commission of The Port of Houston Authority (PHA) will consider authorizing the sale of $235 million in unlimited ...

The Port Commission of The Port of Houston Authority (PHA) will consider authorizing the sale of $235 million in unlimited tax refunding bonds on Tuesday, December 15, in the boardroom of the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. Chairman Jim Edmonds will preside over the regular public meeting at 10 a.m. with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria, and Commissioner Elyse Lanier.

ENGINEERING & REAL ESTATE MATTERS

(Agenda I9) Commissioners will consider advertising and receipt of competitive sealed proposals for dust suppression at Industrial Park East at the Turning Basin terminals. Application of the dust suppression material meets Texas Commission of Environmental Quality regulations in a cost effective manner.

FINANCE & ADMINISTRATION MATTERS

(Agenda J3) Commissioners will consider awarding a two-year contract to Verint for purchase of software support for the intelligent video system used for security at the Turning Basin, Woodhouse, Manchester, Care, Jacintoport, Barbours Cut and Bayport terminals for $86,777. Verint, which manufactured the system, is the only authorized maintenance provider for the software.

(Agenda J4) Commissioners will consider advertising and receipt of proposals for AMAG Technology, Inc. server parts necessary to maintain the access control system in accordance with United States Coast Guard requirements.

LEGAL MATTERS

(Agenda L1) Commissioners will consider authorizing the sale of Port of Houston Authority of Harris County, Texas, unlimited tax refunding bonds, Series 2010, in a principal amount not to exceed $234,630,000 in an effort to realize savings on behalf of Harris County taxpayers who approved issuance of the bonds in 1993 and 1999.

OPERATIONS MATTERS

(Agenda M1) The commission will consider awarding a contract to Republic Services/BFI Waste Systems to provide trash disposal and recycling services for the Turning Basin, Barbours Cut, Woodhouse and the Fireboat Barracks for a two-year term beginning January 1, 2010, for $2.2 million.

PUBLIC AFFAIRS MATTERS

(Agenda O3) Commissioners will consider approving a one-year, $100,000 subscription service agreement with the Houston International Seafarers Center to provide humanitarian services to seafarers calling at the Port of Houston. The agreement is set to begin on February 1, 2010, and expire on January 31, 2011.

STRATEGIC PLANNING MATTERS

(Agenda Q7) Commissioners will consider renewing a service agreement with the Greater Houston Port Bureau to provide vessel traffic movement data (real time and historical) and support the Port of Houston Authority in regulatory and economic development matters for a one-year period for $179,500.