Press Release Article


MEDIA ADVISORY PORT AUTHORITY COMMITTEES ON AUDIT, OPERATIONS, FINANCE AND THE INSURANCE WORKING GROUP TO HOLD MEETINGS IN EXECUTIVE SESSION ON TUESDAY, SEPTEMBER 17

Date: Sep 16, 2013
Press Release Number: 95-2013

The Port Authority's Committees on Operations, Audit, Finance and the Committee on Finance’s Insurance Working Group will meet in executive session on Tuesday, September 17, at the Port Authority’s offices at 225 Park Avenue South, New York, N.Y.

The Committee on Operations will meet to discuss matters related to personnel and personnel procedures, matters related to the purchase, sale, or lease of real property, or securities where disclosure would affect the value thereof or the public interest, matters involving external or internal investigations or audits and matters involving ongoing reviews of contracts or proposals.

The Audit Committee will meet to discuss matters involving external or internal investigations or audits, matters involving ongoing negotiations or reviews of contracts or proposals and matters involving public safety or law enforcement.

The Committee on Finance will meet to discuss matters involving ongoing reviews of contracts or proposals, 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 in which the release of information could impair a right to receive funds from the United States or other grantor. The Committee on Finance’s Insurance Working Group will meet to discuss matters involving ongoing reviews of contracts or proposals.

CONTACT: 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.


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