Legislation Details

File #: 236-26    Version: 1 Name:
Type: Ordinance Status: Remaining Action
File created: 8/14/2026 In control: Board of Port Commissioners
On agenda: 9/10/2026 Final action:
Title: Ordinance: (a) Approve and Authorize (i) the Executive Director to Execute Amendments to the Non-Exclusive Preferential Assignment Agreements with SSA Terminals, LLC and SSA Terminals (Oakland), LLC (SSAT) for the Oakland International Container Terminal (Berths 55-60) to Sell to SSAT Seven Ship-to-Shore Cranes and Associated Spare Parts at a Price of $20,541,650; (ii) the Executive Director to Execute the Third Amended and Restated Agreement Regarding Combined Compensation, to be Incorporated into the Aforementioned Amendments; (iii) the Executive Director and Chief Financial Officer to Execute the Partial Defeasance or Redemption of Certain 2017 Series D, 2021 Series H, and 2020 Series R Bonds, Approve an Escrow Agreement in Connection Therewith, and Take all Necessary Actions Related Thereto; (iv) the Waiver of Late Fees incurred by SSAT Totaling Approximately $288,817; and (v) the termination of the Subassignment from SSA Terminals, LLC to SSA Terminals (Oakland), LLC; and (b) Find...
Attachments: 1. Agenda Report
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Title

Ordinance: (a) Approve and Authorize (i) the Executive Director to Execute Amendments to the Non-Exclusive Preferential Assignment Agreements with SSA Terminals, LLC and SSA Terminals (Oakland), LLC (SSAT) for the Oakland International Container Terminal (Berths 55-60) to Sell to SSAT Seven Ship-to-Shore Cranes and Associated Spare Parts at a Price of $20,541,650; (ii) the Executive Director to Execute the Third Amended and Restated Agreement Regarding Combined Compensation, to be Incorporated into the Aforementioned Amendments; (iii) the Executive Director and Chief Financial Officer to Execute the Partial Defeasance or Redemption of Certain 2017 Series D, 2021 Series H, and 2020 Series R Bonds, Approve an Escrow Agreement in Connection Therewith, and Take all Necessary Actions Related Thereto; (iv) the Waiver of Late Fees incurred by SSAT Totaling Approximately $288,817; and (v) the termination of the Subassignment from SSA Terminals, LLC to SSA Terminals (Oakland), LLC; and (b) Find that the Proposed Action is Exempt Under the California Environmental Quality Act (Maritime)