The following is the agenda as of 3 p.m., July 23rd, for the July 24, 2008 Meeting of the Board of Commissioners and Board Committee meetings of The Port Authority of New York and New Jersey and its subsidiaries to be held at 225 Park Avenue South, NY, NY 10003:

BOARD MEETING – PUBLIC SESSION – 1:30 P.M.

Executive Director’s Report

Presentation Items

Airport Delay Reduction Program
William DeCota, Director, Aviation

Update on Port Authority Bus Terminal
Michael Francois, Chief of Real Estate and Development

World Trade Center Update
Steven Plate, Director, World Trade Center Construction

Public Comment Period on other Items on the Agenda or other Port Authority Matters*

* Members of the public wishing to address the Board should register by sending an e-mail with their name, affiliation (if any) and topic at Speakers@PANYNJ.gov by 11 a.m. on Thursday, July 24. Those who wish to address the Board on one of the Presentation Items will be given an opportunity to do so upon completion of the presentation and prior to the Board’s vote on the Item. Those wishing to address the Board on other matters will be given an opportunity to do so prior to the vote on the Calendar of Resolutions. Speakers are limited to three minutes each, and speaking time may not be transferred. The public comment period may be limited to 30 minutes. Appropriate photo identification is required.

CALENDAR OF RESOLUTIONS
(in addition to the item appearing above on the Public Board Meeting Agenda)

• Stewart International Airport – Amended and Restated Lease Agreement with the State of New York, Acting by and through the Department of Transportation
• Stewart International Airport – Extension of Operations and Maintenance Agreement with AFCO AvPORT Management, LLC
• John F. Kennedy International, Newark Liberty International and LaGuardia Airports – Airport Terminals Baggage Screening – Agreement with the Transportation Security Administration
• Newark Bay, Port Newark and Port Newark Pierhead Channels Maintenance Dredging – Agreement with U.S. Department of the Army and Funding for Upland Disposal
• Extension of Term for Continued Use of Consulting Services in Support of Collaborative Energy Cost Containment Initiatives with the New York Power Authority and its Southeast New York Government Customers
• Downtown Restoration Program – Agreement with Metropolitan Transportation Authority Capital Construction – Soil Stabilization Test Program for the Restoration of the R/W Cortland Street Station
• Downtown Restoration Program – Authorization to Enter into an Agreement with New York State Department of Transportation – World Trade Center Site Central Chiller Plant River Water Lines and Associated Infrastructure Design and Construction
• One World Trade Center, the Freedom Tower Project – Increase in Authorization for Architectural Design Services
• Downtown Restoration Program – World Trade Center Vehicular Security Center and Tour Bus Parking Facility – Phase II – Increase in Authorization for Expert Professional Architectural and Engineering Services
• Downtown Restoration Program – World Trade Center Site – Increase in Authorization for Additional Expert Professional Architectural and Engineering Services
• Downtown Restoration Program – World Trade Center Agreement

World Trade Center Redevelopment Subcommittee – Public Session – 10:00 a.m.

Update on Downtown Restoration Program (for discussion)
Steven Plate, Director, World Trade Center Construction

Committee on Finance – Public Session 11:30 a.m.

Review of Second Quarter Portfolio Results (for discussion)
Anne Marie Mulligan, Treasurer

Annual Update on Port Authority Insurance Captive Entity (for discussion)
Anne Marie Mulligan, Treasurer

Committee on Capital Programs/Agency Planning – Public Session – 11:30 a.m.

Port Strategic Planning Discussion (for discussion)
Susan Bass Levin, Deputy Executive Director

Committee on Operations – Public Session – 12:00 noon

Update on Port Authority Bus Terminal (for discussion)
Michael Francois, Chief of Real Estate and Development

Committee on Construction – Public Session – 12:00 noon

John F. Kennedy International Airport – Runway Access Improvements in Connection with Airport Delay Reduction Program – Phase I Project (for discussion)
William DeCota, Director, Aviation

The World Trade Center Redevelopment Subcommittee will also meet in executive session to discuss matters involving ongoing negotiations or reviews of contracts or proposals. The Committee on Operations will also meet in executive session to discuss matters related to proposed, pending, or current litigation or judicial or administrative proceedings, and to act upon matters related to collective bargaining or negotiations.

The Board of Commissioners will meet in executive session prior to the public Board meeting to discuss matters related to the purchase, sale, or lease of real property, or securities where disclosure would affect the value thereof or the public interest, and to act upon matters related to proposed, pending, or current litigation or judicial or administrative proceedings.

All meeting times are approximate.

For more information, contact the Office of the Secretary at (212) 435-6682 or (212) 435-6684.

Media Only: (212) 435-7777

SUBJECT TO CHANGE