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File #: 370-23    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 11/15/2023 In control: Board of Port Commissioners
On agenda: 11/30/2023 Final action: 11/30/2023
Title: Ordinance 4726, 2nd Reading Of An Ordinance Approving And Authorizing The Executive Director To Execute A First Amendment (First Supplemental Agreement) To The Lease With Port Transfer, Inc. To Defer A Scheduled Rent Increase And To Modify Tenant Obligations To Complete Certain Maintenance Responsibilities Resulting In A Total Revenue Loss Of Approximately $488,172 In Fiscal Year (FY) 2024; A Total Expense Savings Of Up To $464,000 In FY 2024; And Finding That The Proposed Action Is Exempt Under The California Environmental Quality Act.
Attachments: 1. Ordinance 4726

Title

Ordinance 4726, 2nd Reading Of An Ordinance Approving And Authorizing The Executive Director To Execute A First Amendment (First Supplemental Agreement) To The Lease With Port Transfer, Inc. To Defer A Scheduled Rent Increase And To Modify Tenant Obligations To Complete Certain Maintenance Responsibilities Resulting In A Total Revenue Loss Of Approximately $488,172 In Fiscal Year (FY) 2024; A Total Expense Savings Of Up To $464,000 In FY 2024; And Finding That The Proposed Action Is Exempt Under The California Environmental Quality Act.