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FACILITIESAMENDED

Port of Long Beach Board of Harbor Commissioners Meeting Agenda May 11 2026

Seventh Amendment to LBCT Preferential Assignment

Port of Long BeachLBCT LLCMay 11, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board will conduct a second reading of an ordinance approving the Seventh Amendment to the Preferential Assignment Agreement with LBCT LLC at Pier F. The amendment updates compensation and insurance coverage terms and authorizes execution by the Chief Executive Officer.

Contract Details

Vendor

LBCT LLC

Agency

Port of Long Beach, CA

Contract Type

FACILITIES

Document Date

May 11, 2026

Renewal Info

Seventh amendment to an existing Preferential Assignment Agreement, revising compensation and insurance provisions; base term and future renewals not specified in agenda.

More from LBCT LLC

Related Contracts

Port of Long Beach Staff Report HD-26-226 May 2026

APPROVED
Port of Long Beach (California)GAM set at $414,327 per acre ($124,481,626 total) for 7/1/2026–6/30/2027; $418,829 per acre ($125,834,284 total) for 7/1/2027–6/30/2028; $423,455 per acre ($127,224,141 total) for 7/1/2028–6/30/2029; $428,208 per acre ($128,652,218 total) for 7/1/2029–6/30/2030; $433,092 per acre ($130,119,567 total) for 7/1/2030–6/30/2031; one-time reduction of $291,938.88 to GAM for 7/1/2024–6/30/2025May 11, 2026

Port of Long Beach Harbor Commission Minutes April 27, 2026

AMENDED
Port of Long Beach (California)April 27, 2026

South Coast AQMD Contract Activity Report March 2026

AWARDED
South Coast Air Quality Management District (California)$2,869,924.00March 6, 2026

City of Long Beach Seventh Amendment to Preferential Assignment Agreement

AMENDED
Port of Long Beach (California)Guaranteed Minimum Annual Compensation per acre: $414,327 (2026-07-01–2027-06-30); $418,829 (2027-07-01–2028-06-30); $423,455 (2028-07-01–2029-06-30); $428,208 (2029-07-01–2030-06-30); $433,092 (2030-07-01–2031-06-30); one-time reduction of $291,938.88 for period 2024-07-01–2025-06-30February 26, 2026

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