Press Release Article


PORT AUTHORITY BOARD TAKES ACTION ON SEVERAL ITEMS

Date: Jan 22, 2009
Press Release Number: 13-2009

At its monthly meeting this afternoon, the Port Authority Board of Commissioners authorized:

  • A $31.5 million project for the widening and realignment of the intersection of North Avenue East and McLester Street at the Elizabeth-Port Authority Marine Terminal to enhance vehicle safety and improve traffic flow.


  • The declaration of certain parcels as surplus property and transfer of properties to and from North Avenue East LLC, which are required to implement the realignment and widening of the North Avenue-McLester Street intersection.


  • A $22.8 million increase in project authorization for the seismic retrofit of the South Wing of the Port Authority Bus Terminal.

  • A $22.4 million increase in project authorization for the completion of the Battery Park City Ferry Terminal.


  • A $35 million increase in project authorization to complete the acquisition and installation of 800 MHz police radio system for use by the Port Authority Police Department.


  • An agreement with FAPS, Inc. for the lease of approximately seven acres of open area and building space at Port Newark through December 2019 to provide for the processing of vehicles.


  • Amendments to resolutions adopted by the Board that would provide for an increase to the maximum true interest cost from eight percent to 12 percent in connection with the issuance and sale of consolidated debt.


  • The Port Authority and PATH to enter into five-year agreements with TRANSCOM, Inc., a not-for-profit regional transportation agency, for continued membership in TRANSCOM, which promotes the mobility and safety of the traveling public.


  • The Executive Director to submit an application to the Federal Aviation Administration to add Stewart International Airport as part of the Port Authority’s Passenger Facility Charge collection authority, and to impose and use PFCs for new projects.


  • The filing of an application, on behalf of the Swatch Group (U.S.) Inc., with the Foreign trade Zone Board for the establishment of a sub-zone of FTZ No. 49 at Swatch’s distribution facility in Secaucus, N.J.


  • The acceptance of the assignment of a construction trade contract awarded by the National September 11 Memorial & Museum Foundation to Johnson Controls Inc. for a building management system for the World Trade Center Memorial.


  • Reimbursements to Silverstein Properties, Inc., for the Port Authority’s share of costs for work performed under SPI’s construction trade contract with Rogers & Sons Concrete for the installation of superstructure concrete at Tower 4 and a portion of the subgrade structure at Tower 3.


  • A $55 million project (Phase 1) for the installation of utilities, below-grade structures, and interim streets and structures at the World Trade Center site.


  • A $2.3 million contract claim settlement for costs incurred by Tilcon New York Inc., during the construction of pavement for aeronautical parking and modifications to Taxiways A and B at Newark Liberty International Airport.


  • A one-year renewal of the Port Authority’s funding agreement with the Alliance for Downtown New York, Inc., in the amount of $1.12 million.


  • The acceptance of the assignment of a construction trade contract awarded by the National September 11 Memorial & Museum Foundation to 4J’s Associates LLC for plumbing and fountain plumbing systems for the World Trade Center Memorial.


  • An agreement with the Town of Harrison and the Hudson County Improvement Authority to provide $9.1 million toward site acquisition and development of a five-level, approximately 1,440-space parking facility to be located next to PATH’s Harrison Station.


CONTACT:
The Port Authority of New York and New Jersey
Steve Coleman, 212 435-7777

The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Port Authority Auto Marine Terminal; the Brooklyn Piers/Red Hook Container Terminal; the Greenville Yard-Port Authority Marine Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan and is a partner in the Access to the Region’s Core tunnel project.


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