The Port Commission of the Port of Houston Authority approved and adopted a vision, mission statement and the core values of the Port of Houston Authority, as well as a Memorandum of Friendship and Trade Cooperation between the Port of San Pedro, Cote d'Ivoire, and the Port of Houston Authority, among several matters acted on during the July 26 meeting. Port Commissioners also gave brief updates on recent meetings of the standing task forces organized at the May 24 Port Commission meeting. Commissioner Jim Fonteno said discussions were underway on financial reporting and the other matters that would be the focus of the Audit Task Force, and he expected the group's formal charter to be brought to the Port Commission for consideration next month.