Extend Marine Spill Response Corporation lease through 2043

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In Plain English

Marine Spill Response Corporation has leased Finger Pier Number One since 1993 for oil spill response operations. The current lease expires June 30, 2023. If approved, the city receives $396,000 to $553,000 annually with inflation adjustments through 2033, plus 2 optional 5-year extensions.

Auto-generated summary. Source: official agenda documents.

Community Discussion

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