Extend Point San Pablo Harbor lease at Terminal 4 through 2029

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In Plain English

Point San Pablo Harbor currently leases a small waterfront area at Terminal 4 for boat and equipment storage. The current lease expires May 31, 2023. If approved, the city extends the lease 1 year with 5 additional yearly options, potentially running through 2029. Annual rent increases 7-9% based on inflation, generating about $9,600 per year for the city.

Auto-generated summary. Source: official agenda documents.