Notice of Meeting
BOARD OF TRUSTEES OF THE GALVESTON WHARVES

FINANCE COMMITTEE
Tuesday, April 27, 2021  9:00 a.m.
Port of Galveston
123 Rosenberg Avenue, 8th Floor
Galveston, Texas 77550

Finance Committee Members
Harry D. Maxwell, Jr., Chairman
Jeff Patterson
Todd Sullivan

NOTICE OF MEETING 
One or more members of the Board of Trustees of the Galveston Wharves may attend the meeting scheduled at 9:00 a.m. on Tuesday, April 27, 2021 at the Port of Galveston 123 Rosenberg, Galveston Texas 77550, by video-conference or in person. 

The Finance Committee Meeting is open to the public. Seating is limited due to COVID. To reserve a seat, please call 409.765.9321 press #4.

This meeting is also live streamed on the Port of Galveston website. 



I.

CALL TO ORDER

I.A.

Roll Call

I.B.

Declaration of Conflicts of Interest

I.C.

Invocation

I.D.

Comments from the Public

The Public will be permitted to submit public comments electronically. Comments can be submitted to: HTTPS://WWW.PORTOFGALVESTON.COM/FORMCENTER/PUBLIC-COMMENT-FORM-2/PUBLIC-COMMENT-FORM-36 

II.

PRESENTATIONS AND ANNOUNCEMENTS

  • Presentation by Mike Loftin, City of Galveston 
  • Presentation by Terry Frank, Frost Bank 

III.

BUSINESS ITEMS

III.A.

Discussion of City Health Plan's Interim Financial Results and Proposed Interlocal Agreement

Documents:
  1. A..pdf
III.B.

Discuss and Consider Portfolio Performance Analysis Report, Summary of Investment Performance Report and Investment Detail of the Galveston Wharves pension plan for Period Ending March 31, 2021 and Discuss and Consider percentage Changes in the Find Mix that may be Necessary to Increase Investment Results

Documents:
  1. B..pdf
III.C.

Consider and Approve Amending the 2021 Budget

Documents:
  1. C..pdf
III.D.

Consider and Approve 2021 Contribution to the Galveston Wharves Pension Plan

Documents:
  1. D..pdf
III.E.

CFO REPORT/CONSENT AGENDA

  • Consider Board and Staff Expense Reports (a.) 
  • Consider Financial Statements (b.)
  • Accept Port Investments Report (c.)
  • Accept Bank Reconciliation Report and Schedule of Restricted Fund Balances Report (d.)
  • Accept Cash Flow Projections (e.)
  • Accept Monthly Delinquent Accounts Receivable Analysis (f.)
  • Accept Vendor Check Register Report (g.)
  • Consider Trade Development (h.)
IV.

COMMENTS FROM THE FINANCE COMMITTEE ON AGENDA ITEMS

V.

SET DATE AND TIME OF NEXT MEETING

VI.

ADJOURNMENT

I certify that the above Notice of Meeting was posted in a place convenient to the public, in accordance with Chapter 551 of the Texas Government Code, on or before 4:00 p.m. Friday, April 23, 2021.


______________________________________
Rodger Rees, Port Director/CEO
Please Note:
IT IS POSSIBLE THAT ONE OR MORE MEMBERS OF THE BOARD OF TRUSTEES WHO ARE NOT MEMBERS OF THE FINANCE COMMITTEE MAY ATTEND THIS MEETING, IF THE ATTENDANCE BY SUCH TRUSTEES RESULTS IN A QUORUM OF THE FULL BOARD OF TRUSTEES BEING PRESENT AT THE MEETING. THIS MEETING WILL ALSO BE CONSIDERED A MEETING OF THE FULL BOARD OF TRUSTEES. 

 IN ACCORDANCE WITH THE PROVISIONS OF THE AMERICANS WITH DISABILITIES ACT (ADA), PERSONS IN NEED OF A SPECIAL ACCOMMODATION TO PARTICIPATE IN THIS PROCEEDING SHALL, WITHIN THREE (3) DAYS PRIOR TO ANY PROCEEDING, CONTACT THE  SECRETARY’S OFFICE, 123 ROSENBERG, 8TH FLOOR, GALVESTON, TEXAS 77550 (409-766-6105)