Create special fund for port revenues to secure port debt payments
<UNKNOWN>
Resolution Ordinance No. 27-08 N.S.
In Plain English
The city currently pools all port revenues with general city funds. The new ordinance creates a separate account specifically for port income. If approved, the city can pledge future port revenues directly to bondholders as collateral for port-related loans.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
9 to 0
Similar Discussions
5 related items found by meaning
Create special fund for port revenues to secure port-related debt
Update Port operations fund law to secure debt payments
Approve $7.3 million in leftover funds for Port capital projects
Receive presentation on port operations and financial performance
Receive financial overview report on Port of Richmond revenue and operations
The Story So Far
Related items from other meetings
Calling for the November 3, 2026, General Municipal Election
Accept the Automated Transit Network Feasibility Study
Task Authorization for Installation of Sodium Hypochlorite Tanks at the Wastewater Treatment Plant.
Policy on Disruption of Telephonic or Internet Service During Public Meetings
Amendments to Position Control List
Civil Rights Act Title VI Implementation Plan for Public Works Federally Funded Projects
Freeway Maintenance Agreement Amendment with California Department of Transportation at the intersection of Central Ave and I-80 (“Caltrans”).
Master Fee Schedule Update
Joint Powers Agreement for Participation in the Contra Costa County Regional Alternative Compliance System
Special Assessments for Unpaid Garbage Collection Service Fees