Lease port property to Pio's Trucking Company for $54,000 per year

Terminal 1 & the PortContractsPortContract

In Plain English

The city owns property at Port of Richmond Terminal 4 that currently generates no revenue. Pio's Trucking Company wants to lease this space for their operations. If approved, the city receives $54,000 in annual lease income from previously unused port property.

Auto-generated summary. Source: official agenda documents.

Votes

Approve one-year lease agreement with Pio's Trucking Company

Passed

5 to 0

BBBBMRR

Why This Vote Matters

The council unanimously approved a one-year lease with Pio's Trucking Company for unused property at Port of Richmond Terminal 4. This deal will bring the city $54,000 in annual revenue from port land that was previously generating no income. The lease allows Pio's Trucking to use the space for their operations while providing the city with a new revenue stream. This was a routine contract approval that passed 5-0 with two members absent.

Auto-generated context. Source: official meeting records.

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.