Legislation Details

File #: 274-26    Version: 1 Name:
Type: Ordinance Status: Consent Agenda
File created: 9/11/2026 In control: Board of Port Commissioners
On agenda: 9/24/2026 Final action:
Title: Ordinance 4867, 2nd Reading Of An Ordinance (A) Approving And Authorizing (I) The Executive Director To Execute Amendments To The Non-Exclusive Preferential Assignment Agreements With SSA Terminals, LLC And SSA Terminals (Oakland), LLC (Collectively, SSAT) For The Oakland International Container Terminal (Berths 55-60) To Sell To SSAT Seven (7) 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 Termi...
Attachments: 1. Ordinance 4867
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Title

Ordinance 4867, 2nd Reading Of An Ordinance (A) Approving And Authorizing (I) The Executive Director To Execute Amendments To The Non-Exclusive Preferential Assignment Agreements With SSA Terminals, LLC And SSA Terminals (Oakland), LLC (Collectively, SSAT) For The Oakland International Container Terminal (Berths 55-60) To Sell To SSAT Seven (7) 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) Finding That The Proposed Action Is Exempt Under The California Environmental Quality Act.