Re installed the pedestal   Before I installed the pedestal, I placed a ring of thickened epoxy around the opening.  Approx 1/2 inch high.  The concept, is that water WILL get into the console.  There are vents, numerous openings and attachments, etc...  This way, if water does get in, it will not be able to work its way into the engine room.  I will leave a small opening in the caulk around the sides to allow the water to escape.  We cut new aluminum rings for it.

 
 No wonder I keep getting sunburn on my head!!