Port of LA

1. RESOLUTION NO. ____________ - SECOND AMENDMENT AND ORDER\nAPPROVING THE OPTION TO EXTEND PERMIT NO. 905 WITH FISHERMAN’S PRIDE\nPROCESSORS, INC DBA NEPTUNE FOODS\nSummary: Staff requests approval of an Order and Second Amendment concerning the first of\ntwo five-year options to extend Permit No. 905 (Permit 905) with Fisherman’s Pride Processors,\nInc, dba Neptune Foods, (Neptune) for the five-year period of March 27, 2024, through March\n26, 2029. The Order and Amendment are subject to payment of the $105,026.13 option fee.\nUnder Permit 905, Neptune operates a seafood processing facility on Terminal Island for a term\nof ten years with two, five-year options to renew, for a total potential aggregate term of 20 years.\nThe current monthly rent is $88,671.69.\nRecommendation: Board resolve to (1) find that the Director of Environmental Management has\ndetermined that the proposed action has been previously evaluated pursuant to the\nrequirements of the California Environmental Quality Act (CEQA) under Article II Section 2(i) of\nthe Los Angeles City CEQA Guidelines; (2) approve the Second Amendment to Permit No. 905;\n(3) approve the Order extending the term of Permit No. 905 for five additional years with\nFisherman’s Pride Processors, Inc, dba Neptune Foods; (4) direct the Board Secretary to\ntransmit the Second Amendment and the Order to Permit No. 905 to the City Council for approval\npursuant to Section 606 of the City Charter; (5) authorize the Board Secretary to attest to the\nOrder approving the extension of Permit No. 905; and (6) adopt Resolution No. ____________\nand Order No. ____________.\nCargo & Industrial Real Estate