Industrial

Long Beach Container Terminal, LLC; Seventh Amendment to Preferential Assignment Agreement HD-7918

Long Beach, California

Document Stage

Post-Decision

Description

Seventh Amendment to Preferential Assignment Agreement HD- 7918 with Long Beach Container Terminal, LLC LBCT amending the insurance requirements, adding breakpoints in metric tons per acre and guaranteed minimum annual compensation per acre for the period of July 1, 2026 through June 30, 2031, with a one-time reduction of $291,938.88 from the total guaranteed minimum annual compensation otherwise due for the period of July 1, 2024 through June 30, 2025.

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