Yeah, that's definitely a hole that shouldn't be there! I hope Grady steps in with some help for you.
For the rubber strips... are we sure that it was "real" rubber being used? Maybe I just couldn't see it as well in the picture, but... I can see where there were some type of pads used from the geometric ghost-shape they left. And the long lines look to be where adhesive sealant was used. But looking closely, there doesn't seem to be any corrosion along those lines? I can see clean aluminum and I can see staining next to the leftover adhesive, but is there corrosion there? Again, maybe it's just what I'm "not" seeing in the picture, though.