Amend Foss Maritime lease for port pier and basin space

Terminal 1 & the PortContractsContract

$328,476 annual revenue

In Plain English

Foss Maritime operates tugboats and barges from Finger Pier 2 and Basin 5 at Richmond's port. The company's current lease needed updates to reflect changed operations and market rates. If approved, the amended lease generates $328,476 in annual revenue for the city through 2017.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed