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
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.
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
Oppose carbon waste pipeline project through Richmond
Add caste as protected category in city anti-discrimination law
Sign agreement with RecycleMore to comply with state food waste recycling law
Accept $60,000 state grant for Tahoe for All recreation program
Create new sister city commission to manage relationship with Sebastia, Palestine
Oppose carbon waste pipeline project through Richmond neighborhoods
Accept donated property lease at 1414 Harbor Way South from Orton Entertainment
Support state bill giving fire chiefs authority over school safety during wildfires
Add caste as a protected class in city anti-discrimination laws
Send letter asking governor to create California-Nevada fireworks task force