Date: Feb 03, 2014
Press Release Number: 29-2014
The Port Authority Board’s Committee on Capital Planning, Execution and Asset Management will meet at 10 a.m. on Tuesday, February 4, on the 15th floor of Port Authority headquarters at 225 Park Avenue South in Manhattan.
The Committee will meet in public session to discuss the Port Authority’s proposed 10-year Capital Plan.
Following the public portion of the meeting, the Committee will meet in executive session to discuss matters related to the purchase, sale, or lease of real property, or securities where disclosure would affect the value thereof or the public interest, and matters involving ongoing negotiations or reviews of contracts or proposals.
Port Authority of New York and New Jersey
Steve Coleman, 212-435-7777
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where construction crews are building the iconic One World Trade Center, which is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.