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Remembering Jim Guidry Bay Area Houston Economic Partnership
Galveston County
Board of Trustees of the Galveston Wharves
by Jim Guidry
Thursday, May 27, 2010

Wayne Byrd has resigned his position as Finance Director of the Board of Trustees of the Galveston Wharves.  In a prepared statement, Port Director Steve Cernak said that Byrd has vacated the position but will remain on the port staff for the remainder of the year. Listen: RealPlayer  MP3

"R. Wayne Byrd has announced that he intends to retire from employment with the port as of December 31, 2010," Cernak said. "In order to facilitate the search for, and the appointment of, a new finance director and to allow for a speedy transition, Mr. Byrd will step down from that post immediately and assist until his retirement date as an employee of the port in the transition, and working on special projects as directed by the port director.  Mr. Byrd has worked for the port for many years as a loyal employee and the port wishes him well in his retirement and in any new endeavors he chooses."

The wharves board approved the Galveston Wharves Investment Policy following an annual review and named Michael Mierzwa as interim investment officer and interim treasurer.

The wharves board approved an amendment to Port Director Steve Cernak's employment contract, specifying that his annual salary is $201,550 and he no longer will be paid an annual communication allowance, because that expense is now included in his salary.

In his Port Director's Report, Cernak said that the port made in excess of $300,000 profit during April and revenues were on track with the staff's forecast.

"So things are looking positive," he said.

The wharves board approved an amendment to its agreement relating to the Old Galveston Causeway between the port, the City of Galveston, Galveston County, BNSF, Union Pacific, CenterPoint and Gulf Coast Water Authority for the allocation of construction and maintance costs for the renovation of the Old Galveston Railroad Causeway.

The wharves board discussed a report by port staff on the current status of the adjustment of Hurricane Ike insurance claims and then voted to issue a request for proposals for public adjusters "to assist in recovering all insurance proceeds to which the Board of Trustees may be entitled".

The wharves board deferred action on payment of a $433,925.38 invoice from DRC until additional information is provided.

A request for "approval of an expenditure of not less than $75,000 from revenues obtained from recycled materials at the Pelican Island Shipyard for improvements to the fabrication shop previously approved by the Board of Trustees at a cost not to exceed $600,000 using supplemental rent as defined in the lease between the Board of Trustees and Gulf Copper & Manufacturing Corporation as an offset for construction costs" was withdrawn from the agenda and was not considered for action by the wharves board.

The wharves board discussed the recent rate adjustment granted by the Board of Pilot Commissioners for the Ports of Galveston County, but took no action.

All other agenda items were approved. Agenda

Coastal Surge Protection GRCC

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