Board meetings, strategic plans, and buyer signals from Richard Lazer’s organization
Oct 15, 2026·BoardMeeting
Board
Philadelphia Regional Port Authority Resolution
The resolution focuses on the approval of the Financial Audit Report and Management Letter prepared by Milligan and Company LLC for Fiscal Year 2024-2025. The Audit Committee met with the audit firm and PhilaPort staff to review and approve the audit of the financial statements for the fiscal year ending June 30, 2024. The financial statements were issued with an unqualified opinion, and no significant weaknesses were identified.
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Philadelphia Regional Port Authority Board Meeting Resolutions
The Board approved the acquisition of properties at 5101 and 5115R South Broad Street to establish a permanent headquarters and maritime complex, including authorization for financing options through First Trust Bank. Additionally, the Board authorized the retention of Boardwalk Consulting Group, LLP to review past tax periods for potential sales and use tax refunds. Finally, the Board approved the submission of a grant application to the 2026 Port Security Grant Program for security enhancements at the Tioga Marine Terminal and the PhilaPort Cruise Terminal.
Jul 15, 2026·BoardMeeting
Board
Philadelphia Regional Port Authority Board Of Directors Meeting Minutes
The board meeting featured presentations on marketing, procurement, and port development. Several resolutions were passed, including the authorization of professional services agreements with USI Insurance and maritime consultant Roy Denmark, as well as the retention of Brian S. Gocial as on-call legal counsel. The board also formally adopted the Fiscal Year 26-27 Operating Budget and authorized financing for the construction of the Cruise Terminal at Hog Island.
Jun 17, 2026·BoardMeeting
Board
Philadelphia Regional Port Authority Board of Directors Meeting
The board meeting included presentations on marketing, procurement, and port development updates. Resolutions were passed to authorize a professional services agreement with O'Rourke Communications Group for strategic communications, media relations, and public affairs consulting. Additionally, the board approved the engagement of Converge Public Strategies for federal government relations and infrastructure initiative support, authorized a labor agreement with Local 1510, District Council 33, and approved the sale of the Pier 96 property to Meili Ventures, Inc.
Extracted from official board minutes, strategic plans, and video transcripts.
