Jacksonville Port Authority CEO Paul Anderson was elected chairman of the Florida Ports Financing Commission on Wednesday.
Created in 1996, the commission’s purpose is to provide a cost-effective means of financing capital projects for Florida's ports by issuing bonds and transferring the proceeds to individual ports.
“FPFC has funded hundreds of millions of dollars to strategic seaport projects statewide through the financing of two significant bonds since 1996. The same attributes and leadership that have contributed to Paul’s successes in the private and public sector will be invaluable in his service to the FPFC,” said Doug Wheeler, president of the Florida Ports Council, the administrator of the program.
Jim Citrano, port board of directors chairman, on Anderson’s election said the position is meaningful.
“This is just the sort of high profile, meaningful leadership role the board envisioned for JaxPort’s CEO. Paul’s peers recognize that his energy and expertise will help set the right priorities for Florida ports in order to move the state forward,” Citrano said.
The council is the association of Florida’s 15 public seaports and provides research, leadership and advocacy on seaport-related issues at the state and federal level.
In addition, the council administers the Florida Seaport Transportation and Economic Development Council and the Florida Ports Financing Commission programs.