City Council

(26) 13-1501-S3 CD 15 RELATED TO COUNCIL FILE NO. 13-1501-S2 ADMINISTRATIVE EXEMPTION and TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to approving the consent to the transfer of 51 percent in the aggregate of the direct and indirect ownership of TraPac, LLC, Permit No. 881, from Mitsui O.S.K. Lines, LTD, to United Pacific Ports B (UK) LTD., and approval of guarantees from Ocean Network Express Holdings, LTD. and Ocean Network Express PTE LTD. Recommendations for Council action: ADOPT the determination by the Board of Harbor Commissioners (Board) that the proposed action is administratively exempt from the requirements of the California Environmental Quality Act (CEQA) under Article ll, Section 2(f), of the Los Angeles City CEQA Guidelines. APPROVE the Port of Los Angeles Resolution No. 23-10189 authorizing approval of the consent to the transfer of 51 percent in the aggregate of the direct and indirect ownership of TraPac, LLC – Permit No. 881 from Mitsui O.S.K. Lines, LTD., a Japanese corporation, to United Pacific Ports B (UK) LTD., a United Kingdom Private Limited Company; and, approve guarantees from Ocean Network Express Holdings, LTD. and Ocean Network Express PTE. LTD.