Port Authority of Evansville Regular Meeting - July 13, 2026
Port Authority of Evansville Regular Meeting - July 13, 2026
Note: The raw transcript indicates the date as July 13, 2025, but the provided timeline specifies this meeting occurred on July 13, 2026. This summary uses the specified date.
The Port Authority of Evansville held its regular meeting on July 13, 2026, at 12:01 PM. The board approved the prior meeting minutes, discussed the potential sale of the Inland Marina dock, reviewed financials for June 2026, and approved accounts payable vouchers.
Consent Calendar
- Approval of Meeting Memorandum from June 8, 2026: Motion carried unanimously to approve the minutes.
Discussion Items
- Sale of the Inland Marina Dock (Barge): Mr. Gontor reported on efforts to sell the dock. He contacted several entities (Karatzis, Sutherland, Rights Brothers, Waterway Exchange) interested in purchasing, but they require detailed information about the dock (build date, certificate of documentation, builder, steel thickness, drawings, last dry dock, dimensions, mooring sales, gangway, ticket office). The City lacks most of this data. An appraisal from August 2019 (by North American Marine Consultants) valued the dock at $1,675,000, but discounted 40% ($1,050,000) if dismantled and moved. Seven years later, a new assessment may be needed. Mr. Gontor suggested hiring a consultant or having potential brokers present via Teams to be interviewed. Board member Dave (from Industrial Contractors) offered to contact Bill Mix, who may have original construction details. Another member suggested checking with Morley (dredging contractor) for past data on the dock. The board agreed to gather more information from internal sources and consider interviewing brokers.
- Financial Report for June 2026: Mr. Guntor presented the June financials. Revenues were $98,042.49 (down ~$710 from interest income). Expenses totaled $129,605.59, including $24,891.65 in rent for the unused dock. Net expense over revenue was $31,563.10. Cash and investments at period end: $82,494.66. A transfer of $96,250 from Parks to Port Authority was initiated to cover the remainder of the fiscal year. The board expressed desire to sell the dock to improve the surplus.
Key Outcomes
- The board approved the June 8, 2026 meeting minutes (unanimous).
- The board approved the accounts payable vouchers totaling $46,907.03 (four invoices: liability insurance, water, dock rent, electricity) – motion carried unanimously.
- The board directed staff to collect additional documentation on the dock from internal sources (Bill Mix, Morley, past dredging contractors) and to schedule interviews with potential brokers to assess their services and fees before proceeding with a sale.
- Meeting adjourned.
Meeting Transcript
There we go. Okay. Thank you. Good afternoon. Yes, good. We've got speaker and mic. Um, it is uh twelve o'clock, twelve oh one to be exact. I'd like to call to order the Port Authority of Evansville regular meeting for the date of July the thirteenth, twenty twenty-five. On our agenda, our next uh agenda item is our meeting memorandum. I'd like to ask for a motion to approve the meeting memorandum from June 8th, 2026, please. Great, thank you. May have a second. I'll second. Okay, we have a first and second. All those in favor of approving the meeting memorandum for June 8th, please signify with a sign. I sign, excuse me. Those opposed? Motion carried to accept the meeting minutes and memorandum for June 8th, 2026. Next to the agenda, we have no old business. We have no new business. But we do have a report from Mr. Gontor. Oh okay. Okay. If we can go ahead and do the report, then I'd like to just. Would you like to do that on the old business now? If we sure okay, that thank you. Okay, I was given permission from the board to uh contact certain entities that would be interested in maybe purchasing the the dock, and and that is turned into uh a major project. They're asking a lot of questions that I just don't have the answer to, like when was you know when was it built? Uh does it have a certificate of documentation? Does it have an official number or registration number? Who was the builder? How thickness is the still plate on this dock. Do we have any drawings and last time that it was dry dock for painting? The size, are we including the mooring sales, the gangways, the ticket office? It's turned into a a pretty pretty large project. There are a couple who are very interested. They would actually handle everything. So I was hoping that uh, well, I I checked with our fifth asset clerk in our office, and all she was able to was to provide was what we put into our software system. It didn't have a uh invoice on who we paid, uh, who was the shipbuilder, who was I mean, all the inside all the essential information, it just had what we call a fixed asset sheet. So uh she actually had a copy of the email that was traded between Marco and someone who is who appraised the dock. This is from August 7th of 2019 from North American Marine Consultants saying that they gave it a value of one million six hundred and seventy-five thousand. One million six hundred and seventy-five thousand. That was in twenty nineteen. However, should the equipment need to be dismantled and moved to a new location, they would have to discount that by 40% and would give a value of 1 million 50,000 dollars. So that's what it at that time. So now we're seven years forward. Would it make sense for us to possibly have an outside agency who specifically could give us the information meaning uh maybe a consultant of some sort who works with these particular types of docks and marinas to do an assessment for us and which would give us the ability to have all the information hopefully that we would seek. Would that make sense? And then be able to um I would say at that point look at where we are with numbers in regard to um a finalization of what would be a number that would probably be a fair and equitable number to ask for the deck, I mean for the doc.
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