City Council

(9) 24-0170 CD 15 ADMINISTRATIVE EXEMPTION and TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to a proposed Foreign-Trade Zone (FTZ) Operating Agreement No. 23-9925 between the Port of Los Angeles (POLA) and Port Logistics Group, LLC, FTZ 202, Site No. 42. 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) pursuant to Article II, Section 2(f) of the City of Los Angeles CEQA Guidelines. APPROVE the FTZ Operating Agreement No. 23-9925 between the City of Los Angeles Harbor Department (POLA) and Port Logistics Group, LLC, FTZ 202, Site No. 42, for a term of five years with three, five-year renewal options commencing on the first day of the month following approval by the City. CONCUR with Board action on January 26, 2023, by Resolution No. 23-10125, authorizing the Executive Director, POLA, or designee, to execute the proposed FTZ Operating Agreement No. 23-9925 Fiscal Impact Statement: The City Administrative Officer reports that approval of the proposed FTZ Operating Agreement No. 23-9925 with Port Logistics Group, LLC will result in POLA receiving $7,750 annually in accordance with FTZ Tariff No. 2. Approval of the Agreement is not projected to result in additional, incremental FTZ-related consulting service expenses being incurred by POLA. The recommendations in the report comply with the POLA's Financial Policies. There is no impact to the City's General Fund.