Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Port Lease Approved for Full Board Consideration; Budget Office Urges Report on Month‑to‑Month Tenancies
Summary
Committee recommended approval of a 10‑year lease at 360 Jefferson and asked the Port to produce a comprehensive report on roughly 164 month‑to‑month or holdover leases after the budget analyst flagged long‑running underpriced arrangements.
The committee recommended that the full Board approve a resolution authorizing Port Commission Lease L14560 for Port Co at 360 Jefferson (a 10‑year term with a 15‑year extension option). Jeff Bauer, the Port’s leasing manager, said the location was bid previously and PortCo emerged from direct negotiations; budget office review reported the proposed rent represents fair…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
