BOARD OF COMMISSIONERS PORT OF NEW …

1 BOARD OF COMMISSIONERS . PORT OF NEW ORLEANS. minutes . OF. THE budget COMMITTEE meeting . APRIL 21, 2014. A meeting OF THE budget COMMITTEE OF THE BOARD OF. COMMISSIONERS OF THE PORT OF NEW ORLEANS, HELD IN THE. TH. PRESENTATION ROOM ON THE 4 FLOOR AT ITS OFFICES AT 1350 PORT OF. NEW ORLEANS PLACE, NEW ORLEANS, LOUISIANA, WAS CALLED TO ORDER. BY AD HOC COMMITTEE CHAIRMAN WILLIAM T. BERGERON AT 3:35 ON. MONDAY APRIL 21, 2014. COMMITTEE MEMBERS William T. Bergeron, Ad Hoc Committee Chairman PRESENT: Joseph F. Toomy, Member Daniel F. Packer, Jr., Member Michael W.

2 Kearney, Member (left at 4:15 ). Robert R. Barkerding, Jr., Member MEMBERS ABSENT: Gregory R. Rusovich, Committee Chairman Scott H. Cooper, Member STAFF: G. LaGrange, President & Chief Executive Officer P. Gallwey, Chief Operating Officer B. Gussoni, Executive Counsel J. Ruckert, Director, Finance & Information Technology M. Rubino, Staff Attorney W. Stokes, Executive Secretary N. Lopez, Legal Department GUESTS: J. Holt, Government Consultants R. Kelly, City Business A. Determination of Quorum and Call to Order In the absence of Committee Chairman Rusovich, BOARD Chairman Packer appointed Commissioner Bergeron to serve as Ad Hoc Chairman of this committee for the purpose of holding this meeting only.

3 Ad Hoc Committee Chairman Bergeron determined the existence of a quorum and called the meeting to order at 3:35 B. Public Comment Ad Hoc Chairman Bergeron called for public comment, but there was none. Page 1 of 22. C. Briefing and Discussion Items 1. Review of March, 2014 Financial Statement Mr. Ruckert briefed the committee regarding the March, 2014, financial statement. He distributed a report detailing the financial information, a copy of which is made part of these minutes . He announced that the BOARD 's financial condition looked better at this point in 2014 than in the corresponding month in 2013.

4 He announced that ship calls were slightly up, and cruise ship parking revenue was up as well in comparison to the corresponding months of January, February, and March in 2013. After discussion, the committee indicated it would recommend acceptance of this month's financial statement to the BOARD at its next scheduled regular meeting . 2. Briefing on and Discussion of the 2015 Financial Plan Process Mr. Ruckert gave a status report on the current stage in the financial plan process. He spoke about each division's projected expenses and the original budget he received on March 28.

5 He explained that payroll has increased overall about $600,000, which is about He also addressed direct expenses including professional fees and insurance. 3. Briefing on and Discussion of a Resolution Authorizing the President and Chief Executive Officer to Enter into a Professional Services Agreement to Provide Financial Advisory Services for the Purpose of Evaluating the Potential for a Public/Private Partnership Mr. Ruckert gave a brief summary and recap of the activities completed to date on this item. The recommendation of the staff committee who met last week was to retain KPMG Corporate Finance, LLC, at a cost not to exceed $195,000.

6 After discussion, the committee indicated it would refer this matter favorably to the BOARD at its next scheduled regular meeting . 4. Briefing on and Discussion of a Resolution Authorizing the President and Chief Executive Officer to Enter into a Professional Services Contract with Ray Lauga, Inc., for the Administration and Management of the Capital Projects Office, including FEMA and Homeland Security Funding and the Capital Improvement Program Mr. Gallwey briefed the committee regarding a resolution to enter into a contract with Ray Lauga, Inc., to manage the Capital Projects Office.

7 Mr. Gallwey explained that the current administrator Mr. Richard was retiring and the BOARD needed to fill this vacancy. He further stated that, after reviewing the thirteen resumes submitted, he recommended to Mr. LaGrange that the better way to manage this department was to Page 2 of 22. enter into a contract with Mr. Lauga as opposed to extending full-time employment. Mr. Gallwey explained that, in addition to FEMA recovery and management, this office manages all the BOARD 's capital projects including for the cruise terminals, Homeland Security funds and all construction projects.

8 He further stated that Mr. Lauga has worked on capital projects management with the BOARD for a long time and is familiar with our systems and has project management experience. A discussion followed on the cost and scope of Mr. Lauga's contract. Commissioner Bergeron questioned Mr. Lauga's hourly rate and expressed his concern about not filling the vacancy with a full-time applicant. COMMISSIONERS Bergeron and Toomy further expressed concern regarding work load, projects in progress, and prices, and said they felt the position may need to be filled by a full-time employee.

9 Commissioner Packer indicated this was a management issue. Mr. Gallwey indicated that Mr. Lauga's rates were commensurate with the workload required and that a full- time employee would likely be costlier. D. Adjournment There being no further business to come before the committee, Ad Hoc Committee Chairman Bergeron adjourned the meeting at 4:35 BOARD OF COMMISSIONERS . PORT OF NEW ORLEANS. minutes . OF. THE PLANNING AND ENGINEERING. COMMITTEE meeting . APRIL 21, 2014. A meeting OF THE PLANNING AND ENGINEERING COMMITTEE OF THE. BOARD OF COMMISSIONERS OF THE PORT OF NEW ORLEANS, HELD IN THE.

10 TH. PRESENTATION ROOM ON THE 4 FLOOR AT ITS OFFICES AT 1350 PORT OF. NEW ORLEANS PLACE, NEW ORLEANS, LOUISIANA, WAS CALLED TO ORDER. BY AD HOC CHAIRMAN ROBERT R. BARKERDING, JR., AT 3:05 ON. MONDAY, APRIL 21, 2014. COMMITTEE MEMBERS Robert R. Barkerding, Jr., Ad Hoc Chairman PRESENT: Joseph F. Toomy, Member Daniel F. Packer, Jr., Member Michael W. Kearney, Member William T. Bergeron, Jr., Member Page 3 of 22. MEMBERS ABSENT: Gregory R. Rusovich, Member Scott H. Cooper, Committee Chairman STAFF: G. LaGrange, President & Chief Executive Officer P. Gallwey, Chief Operating Officer B.