https://portofoakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8135075&GUID=E90FBF8C-22EF-43A1-9940-05168634F53ELegistar15https://portofoakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8135075&GUID=E90FBF8C-22EF-43A1-9940-05168634F53EE90FBF8C-22EF-43A1-9940-05168634F53E-2026-07-20-17-39-47Title: Ordinance 4859, 2nd Reading Of An Ordinance Approving And Authorizing The Executive Director To Execute Supplemental Lease Agreements As Follows: (1) Second Supplemental Agreement With Impact Transportation, LLC To Decrease Premises From Approximately 18.0 To 15.5 Acres, Lower Annual Rent Escalator From 5% To 3%, And Extend The Maximum Lease Term By 1.5 Years, Resulting In Net Additional Rent Of Approximately $3.0 Million; And (2) Third Supplemental Agreement With Pacific Coast Container, Inc., Dba PCC Logistics, To Lower Annual Rent Escalator From 5% To 3%, And Extend The Maximum Lease Term By 1.5 Years, Resulting In Net Additional Rent Of Approximately $5.4 Million; And Finding That The Proposed Action Is Exempt Under The California Environmental Quality Act.Mon, 20 Jul 2026 17:39:47 GMT