# Press Release Article- Port Authority ofNY & 

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# Press Release Article PRINT MEDIA ADVISORY- SPECIAL OVERSIGHTCOMMITTEE TO HOLD A PORT AUTHORITY REFORM PANEL DISCUSSION IN PUBLIC SESSION Date: Apr 17.2014 Press Release Number: 78-2014 On Monday, 1\pri! 21 at

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### a.m. on the ·t5th floor of Port AuthoJity headquarters at225 Park Avenue South, the Special Oversight CommiHeewill hold a Port Authority Reform panel discussion with several long-lime independent observers ofthe organization_ The discussion will focus on reform recommendations tile Special Oversight Committee can make that will allow the agency meet the long-term transportation,

**infrastn.~eture** and economic needs ofthe NewYork and NewJersey region moving forward hWlen 

### it comes to reform atthe Por1 Authority. everything is on the table·· said Special Oversight Committee Chairman Sco\l Rechler. "In this spirit, this panel of expeliswill provide the Special Oversight Committee wi!h important independent perspectives \hat we need as we consider the appropriate reforms 1equired to ensure the Port Authority is positioned to respond to the transpor1atlon <>nd economk needs ofthe region effectively 

### and efficiently. Our hope 

### is to get both

**ac!ion~ble** advice relating to governance and organizational reforms that can 

### be implemented immediately, as we!! as suggestions for potential longer-term changes that can be evakJaledand, Ifappropriate, implemented going forward_" -This panel discussion 

### will give !he Committee and the public an opportunity to hear directly from several experts to gettheir insights into reforming the PortAuthority,· said Special Oversight Committee Vice Chairman Richard Bagger. "From Board govermmce and senior management structure to !he business model and operations ofthe PortAuthority, this panel discussion will help the Committee ensure that the Port Authority con!lnues to meet its core mission and that our Board members carry out effectively their fiduGimy responsibilities in the oversight ofthe strategic direction and management ofthe Port Authority." The panel will include: Mitchel! Moss, Henry Hart Rice Professorof Urban Policy and Planning and Director ofthe Rudin Center for Transportation at New York University Robert Yaro. President ofthe Regional Plan Association Martin Robins, Founding Director of the Alan 

### M. Voorhees Transportation Center at Rutgers University and former Director of Planning at the Port Authority Carol Kellermann, President ofthe Cllizens Budget Commission Jameson Doig, Princeton University Professor and author ofthe book. Empire 

### or; the Hudson The reform pane! discussion will be open to the public and held on /\pril 21 at 

### 9;00 a.m. atthe Port Authority's headquarters 

### at 225 Park Avenue South, 15th Hoar in New York. City. The meeting also will be broadcast on the PortAuthority's Web sitewww.panyni.gov. Background on the Special Oversight Committee In February 

### 2014, the Port Authority Board of Commissioners created a new Special Oversight Committee

### \·lith the responsibility to ensure that the Port Authority continues to meet its core mission and that the Board ofCommissioners fulfills itsfiducial)' responsibllilies in the oversight ofthe operation and management ofthe Port Authority. The function of the Special Oversight Committee lsto seNe as 

### a forward-looking committee that

### will examine the governance, structure and operational oversight ofthe organization and make the necessary recommendations to the full Board of Commissioners. The mission ofthe committee !s not to be duplicative of ongoing investigations orinquiries affecting the Port Authority. but to ensure lila! the Board 

### is providing the level ofoversight, governance and direction that meets the Jong-tem1 core mission ofthe Port Authority while providing accountability that the public deserves. CONTACT: Port Authority of New Yort\ and NewJersey 

### 212-435-7777 Foundedin 1921, U1e PortAu/ilorily ofNew York andNewJersey lmi!ds. operates. andmaintains manyof

### tile mostimportanr transportation andtrade fnfrastruc/ure assets in the country. Tile agency's nel:lvork ofavia/fan, ground, rar1, andseaport facilities 

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# 9/5/2014

# Press Release Article- Port Authority ofNY & 

# NJ

is among/he busiestin the country. supports more than 550.000 regional 

### jobs. andgenerates more than $23 billion m annual wages and $80 bif!ion io annual economic activity. The PortAu/1101i/yalso owns and manages the 16-acre World Trade Cen/et site. wlnne cons/ruction 

### crows are buifding tile iconic One World Trade Center. whic/J is now the /a/lestskyscraperin tile Western Hemisphere. The PortAuthority receives no tm: revenue from eitherthe State ofNe'li York orNewJerseyorfrom tile City ofNew York The agency

### raises the necessal}'funds for

### tile improvement, construction oracquisition ofits facilities primarily on

### its own credit. Formore informaliorl, please visit flttp:/Jwww.panvnj.fl.QY:



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Web Situ Disclaim'lr Hw Port Authority ol No<wYork and No<w,J\<rS<!Y {212) 435,/0DO • U5 Park Avenue South, New York, NY 100(!3



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# 1961 9/5/2014