Legislation Details

File #: 147-26    Version: 1 Name:
Type: Resolution Status: Consent Agenda
File created: 5/12/2026 In control: Board of Port Commissioners
On agenda: 5/28/2026 Final action:
Title: Resolution: Approve and Authorize (i) the Prepayment of the Port’s Proportionate Share of the FY 2027 Unfunded Accrued Liability for the City of Oakland Miscellaneous Plan for which the Port is a Participant, in Lieu of 12 Monthly Payments, if the City Elects to Participate in the CalPERS Pre-Pay Program and (ii) the Chief Financial Officer to Enter into a Letter Agreement with the City of Oakland Outlining Certain Procedures for FY 2027 as a Result of the City of Oakland Participating in the CalPERS Pre-Pay Program and Find that the Proposed Action is Exempt Under the California Environmental Quality Act. (Finance & Admin)
Attachments: 1. Agenda Report
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Title

Resolution:  Approve and Authorize (i) the Prepayment of the Port’s Proportionate Share of the FY 2027 Unfunded Accrued Liability for the City of Oakland Miscellaneous Plan for which the Port is a Participant, in Lieu of 12 Monthly Payments, if the City Elects to Participate in the CalPERS Pre-Pay Program and (ii) the Chief Financial Officer to Enter into a Letter Agreement with the City of Oakland Outlining Certain Procedures for FY 2027 as a Result of the City of Oakland Participating in the CalPERS Pre-Pay Program and Find that the Proposed Action is Exempt Under the California Environmental Quality Act. (Finance & Admin)