Port of LA

5. RESOLUTION NO. ____________ - APPROVAL OF FOREIGN-TRADE ZONE (FTZ)\nOPERATING AGREEMENT BETWEEN THE CITY OF LOS ANGELES HARBOR\nDEPARTMENT AND H. RAUVEL, INC., DBA NOVA CONTAINER FREIGHT STATION,\nFTZ 202, SITE 36\nSummary: Staff requests approval of a Foreign-Trade Zone (FTZ) Operating Agreement\nbetween the City of Los Angeles Harbor Department (Harbor Department) and H. Rauvel, Inc.,\ndba Nova Container Freight Station (Nova), to operate its facility within FTZ No. 202, Site 36,\nlocated at 1710 East Sepulveda Blvd., Carson, CA 90745. Site 36 consists of 0.85 acres of\nstorage facilities and office space located in Carson, California. Nova will operate its facility under\nthe FTZ procedures as a multi-usage site.The proposed agreement is for a term of five years\nwith three, five-year renewal options. If the proposed Agreement is approved, the Harbor\nDepartment will receive $7,750 annually from Nova (per FTZ Tariff No. 2).\nRecommendation: Board resolve to (1) find that the Director of Environmental Management has\ndetermined that the proposed action is administratively exempt from the requirements of the\nCalifornia Environmental Quality Act (CEQA) under Article II Section 2(f) of the Los Angeles City\nCEQA Guidelines; (2) approve the proposed Foreign-Trade Zone Operating Agreement between\nthe Harbor Department and H. Rauvel, Inc., dba Nova Container Freight Station; (3) direct the\nBoard Secretary to transmit the proposed Foreign-Trade Zone Operating Agreement to the Los\nAngeles City Council for approval pursuant to Section 373 of the Charter of the City of Los\nAngeles and Section 10.5 of the Los Angeles Administrative Code; (4) authorize the Executive\nDirector to execute and the Board Secretary to attest to the proposed Foreign-Trade Zone\nOperating Agreement; and (5) adopt Resolution No.____________.\nRegular Items (6 & 7)\nDebt & Financial Analysis