QUESTION
How is the Economic Development Corporation collaborating with the Port Authority per their lease agreement?
0:23:16
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94 sec
Jennifer Sun explains that the Economic Development Corporation (EDC) has held two meetings with the Port Authority, receiving reports on terminal projects, awards, payments, and outreach initiatives.
- The EDC has held two airport board meetings with the Port Authority in the past year, instead of the quarterly meetings stipulated in the lease.
- Reports shared during these meetings include updates on terminal projects, M/WBE awards, payments, and community outreach initiatives.
- The Port Authority also presented an annual air traffic report in the December meeting, which is available on their website.
- The EDC aims to increase its capacity to engage more frequently with the Port Authority, addressing the challenge of meeting as regularly as mandated by the lease.
Amanda Farías
0:23:16
The lease states that the quarterly updates from the port authority to the airport board are supposed to include updates with regard to potential collaboration with EDC and the city to foster development opportunities.
0:23:28
Has the Port Authority discussed those areas for collaboration with EDC?
Jennifer Sun
0:23:33
Since I assumed my role at EDC in 2022, we have held 2 airport board meetings last year in May and in December.
0:23:42
And in those meetings, the port authority has shared reports that they have also shared with the Community Advisory Council that has provided information about the progress of each of the terminal projects, MWA awards and payments as well as community outreach initiatives.
Amanda Farías
0:24:02
And just just from my knowledge, quarterly updates are in 2022, you're saying you've had 2 meetings.
0:24:08
Does that mean they've presented you with 2 reports each of those meetings?
0:24:11
So there's 4 reports for the year.
Jennifer Sun
0:24:13
So to clarify, we've only had 2 meetings last year.
0:24:16
So even though in the lease, it does talk about quarterly meetings.
0:24:20
In reality, we have had 2 meetings.
Amanda Farías
0:24:22
Okay.
Jennifer Sun
0:24:23
Part of it is because we're building up our capacity on our team to be able to engage more regularly with the port authority.
0:24:30
But in each of those meetings, we received, I think, at least one report that, again, was shared with the Community Advisory Council.
0:24:39
And then at a recent meeting in December, we also received an annual air traffic report.
0:24:46
Mhmm.
0:24:46
That is also available on the port authority website.
Amanda Farías
0:24:49
Okay.