At-a-glance: key votes and formal actions at the May 16 Port Commission meeting

This Port Commission meeting recorded several formal actions and votes:

- Resolution No. 13-18 (Item 9a): Commission approved acceptance and expenditure of $616,534 in grant funds from the California Coastal Conservancy for restoration of the Copra Crane and removal of pile-supported wharf at Pier 84. No public comment; vote recorded as "Aye." (SEG 2106-2119)

- Item 11A: The Commission approved a plan of finance authorizing issuance of 2013 port revenue bonds in an amount not to exceed $25,300,000 to support Phase 2 of the James R. Herman Cruise Terminal (Pier 27) and the Northern Waterfront Historic Piers repair project and to reallocate other bond/COP/capital funds as described in staff materials. Staff described sources and uses and the cruise-terminal budget (Phase 1/2 totals, park funding, and a proposed $6 passenger facility charge); commissioners voted in favor after discussion. (SEG 4755-5166)

- Executive session nondisclosure motion: Commissioners moved that the Port would not disclose anything discussed in closed session; the motion was seconded and carried by voice earlier in the meeting. (SEG 026-029)

Notes and next procedural steps: For Item 11A, finance staff will return in the fall with transaction details for the revenue bond issuance; the Port will also update its tariff to include the proposed Passenger Facility Charge and other CPI adjustments (SEG 5091-5102). For the cruise-terminal procurement, staff will provide the evaluation panel's recommendation and scoring at the May 28 Commission meeting prior to any award decision (SEG 1979-2008).