The Port of Houston Authority has approved up to $20.1 million to pay for construction and rehabilitation of dredged material disposal and beneficial use sites for the Houston Ship Channel.
Payment will go to the U.S. Army Corps of Engineers for the port’s share of expenses. The deal is a requirement of a 1998 agreement between PHA and the Corps that calls for PHA to contribute 25 percent of the total costs associated with the beneficial use sites.
In addition, the port can enter into a three-year contract valued at up to $18 million to purchase electric power from one of three retail electric providers. Gexa Energy LP, Suez Energy Resources NA Inc. and the Texas General Land Office were short-listed from among seven companies that were evaluated.
The Port Commission has authorized PHA Executive Director Alec Dreyer to make the final decision on that contract.Nigerian-born Dr. Kase Lawal is one of the port commissioners.
