File #: 276-20    Version: 1 Name:
Type: Ordinance Status: Remaining Action
File created: 9/4/2020 In control: Board of Port Commissioners
On agenda: 10/8/2020 Final action:
Title: Ordinance: Approval of First Supplemental Agreement to Berth 34 Backland Lease with Everport Terminal Services, Inc., to Extend Term through June 30, 2023; and Approval of Fifth Supplemental Agreement to Berth 35-38 Lease with Everport Terminal Services, Inc., to Address a New Tenant-Owned Crane, Removal of a Port-Owned Crane, Remove Port Obligation to Buy Tenant-Owned Cranes, and Make Other Minor Modifications; Together Resulting in Gross Revenue Loss of $1.3 Million and Expense of Approximately $700,000 Through June 30, 2023, which Revenue and Expense are Expected to be Fully Offset by Terms of the Proposed Supplemental Agreements. (Maritime)
Attachments: 1. Agenda Report, 2. Ordinance Item 6.3

Title

Ordinance:  Approval of First Supplemental Agreement to Berth 34 Backland Lease with Everport Terminal Services, Inc., to Extend Term through June 30, 2023; and Approval of Fifth Supplemental Agreement to Berth 35-38 Lease with Everport Terminal Services, Inc., to Address a New Tenant-Owned Crane, Removal of a Port-Owned Crane, Remove Port Obligation to Buy Tenant-Owned Cranes, and Make Other Minor Modifications; Together Resulting in Gross Revenue Loss of $1.3 Million and Expense of Approximately $700,000 Through June 30, 2023, which Revenue and Expense are Expected to be Fully Offset by Terms of the Proposed Supplemental Agreements.  (Maritime)