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Rail News: Intermodal
6/7/2012
Rail News: Intermodal
Long Beach port's board approves FY2013 budget, elects officers
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On Monday, the Long Beach Board of Harbor Commissioners approved a $942 million budget for fiscal-year 2013, a 12 percent increase compared with FY2012. The new fiscal year for the Port of Long Beach begins on Oct. 1.
The higher budget reflects the southern California port’s additional investments in facilities and infrastructure modernization, primarily the Middle Harbor Terminal project and preliminary work for the replacement of the Gerald Desmond Bridge, port officials said in a prepared statement. The Middle Harbor project calls for combining two older facilities into one container terminal.
The new budget sets capital spending at $720 million, up 14 percent, and allocates $104 million for environmental infrastructure projects and other programs aimed at improving air and water quality, and cleaning soil and undersea sediments. The budget also adds 25 new positions, mainly to support the increased construction activity, port officials said.
The budget now will be presented to the Long Beach mayor and city council for their review.
The board also re-elected Susan Anderson Wise as president, Thomas Fields as vice president and Nick Sramek as secretary. Commissioners Rich Dines and Doug Drummond will serve as vice secretaries. All terms start July 1.
The higher budget reflects the southern California port’s additional investments in facilities and infrastructure modernization, primarily the Middle Harbor Terminal project and preliminary work for the replacement of the Gerald Desmond Bridge, port officials said in a prepared statement. The Middle Harbor project calls for combining two older facilities into one container terminal.
The new budget sets capital spending at $720 million, up 14 percent, and allocates $104 million for environmental infrastructure projects and other programs aimed at improving air and water quality, and cleaning soil and undersea sediments. The budget also adds 25 new positions, mainly to support the increased construction activity, port officials said.
The budget now will be presented to the Long Beach mayor and city council for their review.
The board also re-elected Susan Anderson Wise as president, Thomas Fields as vice president and Nick Sramek as secretary. Commissioners Rich Dines and Doug Drummond will serve as vice secretaries. All terms start July 1.
