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Title:
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Ordinance 4858, 2nd Reading Of An Ordinance Approving And Authorizing The Executive Director To Execute A Second Amended And Restated Non-Exclusive Preferential Assignment Agreement With Eagle Rock Aggregates, Inc., For A Bulk Marine Terminal Of Approximately 18 Acres Of Land And 3 Acres Of Water At Berths 20-22, Which (A) Extends Each Of The Initial And Maximum Terms By Two Years To A Maximum Of 29 Years; (B) Results In Present Value Fixed Revenue Of Approximately $37.2 Million And Total Revenue Of Approximately $54.6 Million During The Initial Term; And (C) Compared To The Current Agreement, Results In (I) Present Value Revenue Loss Of $7.7 Million During The Initial Term Compared To The Current Agreement, And (Ii) Additional Capital Expenditure Of $2.6 Million To Implement Certain Improvements During The Initial Term; And Finding That The Proposed Action Complies With The California Environmental Quality Act As Analyzed In The Final Supplemental Environmental Impact Report To The 20...
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