 |
 |
 |
 |
 |
 |
|
|
  |
  |
||||||||||
|
Board of Directors meeting report -- Jan. 28, 2008 Jan. 29, 2007 -- JAXPORT's Board of Directors took the following actions at their meeting held on Jan. 28, 2007:
The Board approved JAXPORT's audited financial statements for Fiscal Year 2006-2007. To summarize, in FY06/07, JAXPORT had $39.9 million in operating revenue and $25.4 million in operating expenses (before depreciation and amortization). In comparison, JAXPORT had $38.5 million in operating revenue and $28 million in operating expenses in FY05/06.
The Board approved a Memorandum of Understanding with the Jacksonville Sheriff's Office to continue to provide sworn law enforcement personnel at JAXPORT's marine terminals.
The Board extended a contract with Rham Construction through 2008. Rham provides project management expertise to support the construction of the TraPac Container Terminal at Dames Point. The Board also approved a measure to lease an additional 28 acres of Dames Point property to TraPac. The property is adjacent to and northwest of their current terminal under construction.
The Board authorized JAXPORT to enter into a supplemental agreement with the Florida Department of Transportation to finance road improvements at the State Road 9A/Heckscher Drive/New Berlin Road interchange. FDOT will reimburse JAXPORT $9.8 million for the construction work, which is to be performed by Archer Western Contractors, Ltd. Archer Western was the lowest conforming bidder on the project.
The Board authorized an agreement with the Jacksonville Transportation Authority to provide $425,000 in funding for the design of an overpass as part of the Heckscher Drive widening project.
The Board authorized the purchase of about 11 acres of property in the Wigmore Street/Talleyrand Avenue area. The Board also authorized the use of eminent domain to acquire about 167 acres of vacant industrial property south and north of Zoo Parkway between the Broward River and Dunns Creek Bridges. Negotiations with the property owner and the owner's real estate broker and attorney have continued for about two years, but all attempts to negotiate the sale/purchase have failed.
The Board also heard reports from Ron Baker, Deputy Executive Director and CFO; Tim Murphy, Sr. Director of Engineering and Construction; and Raul Alfonso, Director of Non-container Cargo.
The Board's next meeting is scheduled for Feb. 25, 2008.
|
||||||||||||
|