Professional Documents
Culture Documents
Office (510)238-7245
Connect with us: Twitter: @LynetteGM Facebook/Lynette2012
From: Sierra Club San Francisco Bay Chapter <information@sierraclub.org> on
behalf of Kyle Swenson <sierra@sierraclub.org>
Sent: Wednesday, June 03, 2015 11:35 AM
To:
McElhaney, Lynette
Subject:
Don't allow coal exports from my Oakland
Jun 3, 2015
Ms. Lynette McElhaney
3rd Floor
1 Frank H Ogawa Plaza
Oakland, CA 94612-1932
Dear Ms. McElhaney,
OAKLAND IS ONE OF THE MOST FORWARD THINKING CITIES IN THE COUNTRY, AND IT IS A SHAME
THAT
ANYONE WOULD EVEN THINK TO TARNISH OUR LAND WITH SUCH AND ACT. NIMBY! NIABY!
I'm writing to voice my strong opposition to the export of coal from the bulk facility at the
Oakland Army
Base, under development by California Capital & Investment Group (CCIG), in partnership with
the City
of Oakland and the State of California. Despite multiple promises from CCIG President Phil Tagami
not to
export coal from that facility, it appears that the company has been quietly pursuing a project to
export
five to six million tons of Utah coal out of Oakland each year.
Coal is bad for the climate, community and worker health, and the environment, and both
Oakland and
California have standing policies opposing the export of dirty energy.
California is a coal-free state for good reason, and shouldn't be enabling other countries with less
stringent environmental protections to burn it. Coal is the most carbon-intensive of all the fossil
fuels
and coal is the largest contributor to climate disruption. Whether it's burned here or abroad, the
effect
of coal on global climate will be felt by everyone. While California is setting aggressive carbonreduction
targets, this terminal would allow the most carbon-polluting fuel to be brought to market, with
devastating consequences.
Coal is bad for our local workforce, organized labor, and worker health. Terminals that ship coal
provide
far fewer jobs than terminals that ship containers or general cargo -- and that means fewer jobs
for
Oakland residents. Coal is increasingly an anti-union industry. With the imminent closing of the
Deer
Creek mine in Emery County, Utah, there will be no union mines operating in that state. Oakland
should
support projects that create good union jobs.
Longshoremen that work at coal-export facilities are exposed to serious health risks. Prolonged,
direct
exposure to coal dust has been linked to health issues such as chronic bronchitis, decreased lung
function, emphysema, cancer, and heart disease.
Coal dust and particulate matter from trains' diesel engines pose significant threats to Bay Area
air and water quality. Coal breaks apart easily to create dust and contains mercury, arsenic,
uranium, and hundreds of other toxins harmful to humans and marine animals. West Oakland
residents are already twice as likely to visit the emergency room for asthma as the average
Alameda County resident, and are also more likely to die of cancer and heart and lung disease.
The increased freight traffic carrying coal would intensify the air pollution already plaguing West
Oakland, threatening local public health and safety.
Even with mitigation efforts like covered train cars and coal piles, there's no way to completely
protect the community and the environment from the risks that coal exports would pose.
Both the Port and the City have taken unambiguous policy positions opposing the export of coal
from
Oakland. In February of 2014, Oakland's Port Commission voted unanimously to reject Bowie
Resource
Partners' proposal to export coal from the city-owned Charles P. Howard Terminal. And in July of
2014,
the City Council passed a resolution opposing the transport of fossil fuels, including coal, by rail
through
the city. The State of California has taken a complimentary position; In 2012, Assembly Joint
Resolution
35 of the state legislature stated opposition to coal being exported from the United States to
countries
with fewer environmental regulations.
CCIG's secretive project to export Utah coal would go against these precedents -- not to mention
their
own promises to the community -- and betray the best interests of the residents of Oakland.
Please stand with every Oakland resident who cares about global climate and community and
worker
health in opposing this project and any other that would export fossil fuels from Oakland's ports.
Public
land should be used for the public good, not for a dirty export project that would put us all in
danger.
Sincerely,
Mr. Kyle Swenson
6449 Colby St
Oakland, CA 94618-1309
(925) 876-3825
of coal on global climate will be felt by everyone. While California is setting aggressive carbonreduction
targets, this terminal would allow the most carbon-polluting fuel to be brought to market, with
devastating consequences.
Coal is bad for our local workforce, organized labor, and worker health. Terminals that ship coal
provide
far fewer jobs than terminals that ship containers or general cargo -- and that means fewer jobs
for
Oakland residents. Coal is increasingly an anti-union industry. With the imminent closing of the
Deer
Creek mine in Emery County, Utah, there will be no union mines operating in that state. Oakland
should
support projects that create good union jobs.
Longshoremen that work at coal-export facilities are exposed to serious health risks. Prolonged,
direct
exposure to coal dust has been linked to health issues such as chronic bronchitis, decreased lung
function, emphysema, cancer, and heart disease.
Coal dust and particulate matter from trains' diesel engines pose significant threats to Bay Area
air and
water quality. Coal breaks apart easily to create dust and contains mercury, arsenic, uranium,
and
hundreds of other toxins harmful to humans and marine animals. West Oakland residents are
already
twice as likely to visit the emergency room for asthma as the average Alameda County resident,
and are
also more likely to die of cancer and heart and lung disease. The increased freight traffic carrying
coal
would intensify the air pollution already plaguing West Oakland, threatening local public health
and
safety.
Even with mitigation efforts like covered train cars and coal piles, there's no way to completely
protect
the community and the environment from the risks that coal exports would pose.
Both the Port and the City have taken unambiguous policy positions opposing the export of coal
from
Oakland. In February of 2014, Oakland's Port Commission voted unanimously to reject Bowie
Resource
Partners' proposal to export coal from the city-owned Charles P. Howard Terminal. And in July of
2014,
the City Council passed a resolution opposing the transport of fossil fuels, including coal, by rail
through
the city. The State of California has taken a complimentary position; In 2012, Assembly Joint
Resolution
35 of the state legislature stated opposition to coal being exported from the United States to
countries
with fewer environmental regulations.
CCIG's secretive project to export Utah coal would go against these precedents -- not to mention
their
own promises to the community -- and betray the best interests of the residents of Oakland.
Please stand with every Oakland resident who cares about global climate and community and
worker
health in opposing this project and any other that would export fossil fuels from Oakland's ports.
Public
land should be used for the public good, not for a dirty export project that would put us all in
danger.
Sincerely,
Mr. Igor Tregub
1043 Virginia St
Berkeley, CA 94710-1852
http://www.contracostatimes.com/breaking-news/ci_27981684/unlikely-partners-utah-investing53-million-export-coal
Sincerely,
David Kurtz
Peralta + 12th Street
510-238-7032
Great article Shoshana. Demand is projected to remain strong in Asia but since there is an
excess of supply (Australia, Indonesia, Russia, South Africa, US) on international markets which
will continue, prices will remain under pressure. Utah is trying to find a market for the shrinking
US one, and Oakland shouldn't bear the brunt of their risky bet.
On Sat, May 9, 2015 at 12:39 AM, Shoshana Wechsler <swechs@sonic.net> wrote:
Further evidence that coal exports to Asia might not be a good long-term investment:
http://tinyurl.com/qjltfdj
-You received this message because you are subscribed to the Google Groups "Oakland Fossil Fuel
Resistance" group.
To unsubscribe from this group and stop receiving emails from it, send an email to oakland-fossilfuel-resistance-list+unsubscribe@sierraclub.org.
To post to this group, send email to oakland-fossil-fuel-resistance-list@sierraclub.org.
To view this discussion on the web visit
https://groups.google.com/a/sierraclub.org/d/msgid/oakland-fossil-fuel-resistancelist/C60BD942-6086-4305-8F15-AC423995C799%40sonic.net.
Subject:
Location:
Even with mitigation efforts like covered train cars and coal piles, there's no way to completely
protect
the community and the environment from the risks that coal exports would pose.
Both the Port and the City have taken unambiguous policy positions opposing the export of coal
from
Oakland. In February of 2014, Oakland's Port Commission voted unanimously to reject Bowie
Resource
Partners' proposal to export coal from the city-owned Charles P. Howard Terminal. And in July of
2014,
the City Council passed a resolution opposing the transport of fossil fuels, including coal, by rail
through
the city. The State of California has taken a complimentary position; In 2012, Assembly Joint
Resolution
35 of the state legislature stated opposition to coal being exported from the United States to
countries
with fewer environmental regulations.
CCIG's secretive project to export Utah coal would go against these precedents -- not to mention
their
own promises to the community -- and betray the best interests of the residents of Oakland.
Please stand with every Oakland resident who cares about global climate and community and
worker
health in opposing this project and any other that would export fossil fuels from Oakland's ports.
Public
land should be used for the public good, not for a dirty export project that would put us all in
danger.
Sincerely,
Ms. Jilchristina Vest
831 Center St
Oakland, CA 94607-1915
(510) 919-5073
West Oakland residents are already twice as likely to be hospitalized for asthma
and 3 times more likely to require an emergency room visit for asthma than the
average California resident.4 People residing near the Port of Oakland had an
elevated cancer risk factor of over 10 chances in a million due to diesel particulate
matter (PM) from Port operations. 5
1 City of Oakland is the lead agency for the project and the Port is a responsible agency,
2Burlington Northern Santa Fe Rail Map, October 29, 2013, http://www.bnsf.com/customers/pdf/maps/coal_energy.pdf
3 See Oakland Bulk Rail Terminal Feasibility Study, prepared for the Port of Oakland by Trans Systems, September 7, 2012.
Obtained from the Port via a public records request.
4 Moxie Loeffler, D.O., MPH Candidate 2014, Alta Bates and Summit Asthma Burden 110313.pdf,
https://docs.google.com/a/sierraclub.org/viewer?
a=v&pid=gmail&attid=0.1&thid=1423001d3b0e3f14&mt=application/pdf&url=https://mail.google.com/mail/u/0/?ui%3D2%26ik
%3Dfe6bf6dd0a%26view%3Datt%26th%3D1423001d3b0e3f14%26attid%3D0.1%26disp%3Dsafe%26realattid
%3Df_hnp9o5rx0%26zw&sig=AHIEtbRO8CsQ77dEu8cioFATc3DYNYWMCQ
5Pacific Institute for Studies in Development, Environment, and Security, Neighborhood Knowledge for Change: The West Oakland
Environmental Indicators Project, January 2002, http://www.pacinst.org/wpcontent/uploads/2013/02/neighborhood_knowledge_for_change3.pdf
Coal dust generated during loading and unloading of trains and ships would
increase particulate matter pollution. Health risks include decreased lung capacity,
increased childhood bronchitis, asthma, pneumonia,6 emphysema, and heart
disease.7
Businesses near the coal facility would suffer sight impacts, aesthetics, noise,
nuisance of coal dust, traffic, etc..10
Train traffic increases could be quite significant and entail many new mile-long
open top 120+ car coal trains each day. Increased train movement and switching
operations across 7th Street would frequently block intersections and would pose a
safety concern for users of a nearby park.10
A coal export terminal (known generally as a bulk terminal) has many fewer jobs
than what are associated with container or bulk-break (big machines, pallets)
shipping. For instance, a Port of Seattle study found that 0.09 jobs per 1000 tons
for bulk were needed vs. 0.57 for containers or 4.2 jobs for break-bulk.8
Frequent coal train traffic and coal dust from trains, open coal storage piles,
coal loading/unloading at the Port or OARB would:
o Put the health and public safety of residents in West Oakland, and
all along the rail line, at risk.
o Discourage new and existing businesses from coming to the area,
and is in direct conflict with the West Oakland Redevelopment
project goal of providing environmentally sound uses for the area. 9
o Encourage displacement of residents.
o Have a significant negative impact on the market property values of
home and businesses within the vicinity of the rail line, which also
equates to a tax revenue loss. In one study of the impacts of a new
coal export facility, those losses amounted to at least $265 million
in property values and an annual tax revenue loss of more than $2.6
million.10
From:Roje Consulting <robert@rojeconsulting.com>
Sent:Friday, May 01, 2015 4:34 PM
To: McElhaney, Lynette
Subject: Oakland Global Newsletter
Brought to you by the Oakland Global Trade & Logistics Center and California
Capital & Investment Group
6 Brook, Robert, et al, Particulate Matter Air Pollution and Cardiovascular Disease: An Update to the Scientific Statement of the
American Heart Association, May 2010.
7 Landen, Deborah, et al, Coal Dust Exposure and Mortality from Ischemic Heart Disease Among a Cohort of U.S. Coal Miners, July
2011, American Journal of Industrial Medicine, Vol. 53, Issue 10.
8See http://www.sightline.org/research/energy/coal/coal-FAQ.pdf
9The Redevelopment Agency of the City of Oakland, Redevelopment Plan for the West Oakland Redevelopment Project, Adopted
November 18, 2003, Amended through October 19, 2010,
http://www2.oaklandnet.com/oakca1/groups/ceda/documents/report/oak026353.pdf
10 See Eastman Property Value Study, October 12, 2012, http://www.coaltrainfacts.org/docs/Eastman-Study.pdf. Study assumed a
conservative 1% value loss for all structures within 600 ft of the rail tracks where coal would be shipped.
Roje Consulting | 300 Frank H. Ogawa Plaza | Suite 385 | Oakland | CA | 94612
City Council President Lynette Gibson McElhaney says that she plans to bring a
formal
resolution to the City Council to consider the health and safety impacts of a
possible deal to
bring thousands of coal-filled rail cars from Utah, to be shipped out of the Port
of Oakland.
The resolution from the Council President will call for a public hearing in front
of the City
Council, to discuss the health and safety impacts to West Oakland and to Port
workers from
transporting and processing coal at the Army Base. The planned public hearing
will be a chance
for the City Council to hear from the public and from experts, on the health
and safety effects
of having a coal export terminal operating at the Port.
Says McElhaney, Since coal export was not contemplated when the Army Base
Development
project was approved, the community has not yet had the chance to make
their voices heard
on this subject.
The Oakland City Council, and the Port Board of Commissioners have already
taken stances
against coal exports, specifically:
In February of 2014, the Board of Port Commissions rejected a proposal to ship
coal from one
of their terminals.
In June of 2014, Councilmember McElhaney and her colleagues passed a
resolution opposing
the transport of coal, oil, petcoke (a byproduct of the oil refining process) and
other hazardous
materials by railways and waterways within the City. That resolution was
advisory only, since
the City does not have jurisdiction over the railways.
The decision to ship coal out of the Port of Oakland has implications beyond
the health of local
residents who may be affected by coal dust or potentially hazardous spills.
According to xxxx of the Bay Area Sierra Club, Utah and other coal producers
are so eager to
ship their product out of the country, because the domestic market has dried
up, as the United
States adopts cleaner forms of energy. West coast ports are rejecting new
coal-shipment
terminals because coal even if its burned somewhere far away is a dirty fuel
that has global
Casey Farmer is my policy director and is leading our efforts to both understand and respond to
these reports.
Thank you for sharing your concerns.
Casey: Let's prepare a public statement that can be released on our social media to keep the
public informed on our progress and concerns once you've concluded your research.
Kind regards, Lynette
Sent by Council President Lynette Gibson McElhaney from my iPad
On Apr 27, 2015, at 6:14 PM, David Kurtz <dkurtz@electricimp.com> wrote:
Dear Councilmember McElhaney,
I just read this report in the Contra Costa times about Utah investment in the old Oakland Army
Base facility for the purpose of shipping coal and I am concerned about the environmental
impact of coal and coal dust. The article doesnt give any mention of what sort of impact studies
have been done or what their conclusions were. Do you have any insight into this?
http://www.contracostatimes.com/breaking-news/ci_27981684/unlikely-partnersutah-investing-53-million-export-coal
Sincerely,
David Kurtz
Peralta + 12th Street
materials by railways and waterways within the City. That resolution was advisory only, since the
City does not have jurisdiction over the railways.
The decision to ship coal out of the Port of Oakland has implications beyond the health of local
residents who may be affected by coal dust or potentially hazardous spills.
According to Jess Dervin-Ackerman of the Bay Area Sierra Club, Utah and other coal producers
are so eager to ship their product out of the country, because the domestic market has dried up,
as the United States adopts cleaner forms of energy. West coast ports are rejecting new coalshipment terminals because coal even if its burned somewhere far away is a dirty fuel that
has global impacts in terms of climate change.
Councilmember Gibson McElhaney will introduce her resolution for scheduling at the Oakland
City Council Rules Committee Hearing on May 14th, in the City Council Chambers.
####
Zachary Wald
Chief of Staff for Lynette McElhaney
Oakland City Councilmember, District 3
510-238-7032
From: McElhaney, Lynette
Sent: Wednesday, May 06, 2015 5:05 PM
To: Wald, Zachary
Cc: Cook, Brigitte; Farmer, Casey
Subject: Re: Draft Press Release/E-News - Oakland Says "Hell No! to Coal Shipments at the Port of
Oakland
Hell No in the Title ok. In the quote needs to be changed to ABSOLUTELY NOT"
Sent by Council President Lynette Gibson McElhaney from my iPad
On May 6, 2015, at 11:47 AM, Wald, Zachary <ZWald@oaklandnet.com> wrote:
PRESS RELEASE
Contact:
Lynette Gibson McElhaney, City Council President: 510.932.1938
Zac Wald, Chief of Staff: 510.282.2971
FOR IMMEDIATE RELEASE
OAKLAND SAYS HELL NO! TO COAL SHIPMENTS AT THE
PORT OF OAKLAND
May 6, 2015 Last weeks news headline Unlikely Partners: Utah Investing $53 Million to Export
Coal Through Oakland Port, came as a shock to Oaklands political leaders, who have
consistently opposed the export of hazardous fossil fuels do to safety and environmental
concerns.
City Council President Lynette Gibson McElhaney says that she plans to bring a formal resolution
to the City Council to block the deal to bring thousands of coal-filled rail cars from Utah to be
shipped out of the Port of Oakland.
Says Councilmember Gibson McElhaney, The City Council has been abundantly clear on this
issue in the past, but apparently a reminder is needed. District 3 Residents have suffered major
health impacts from their proximity to the Port. We will not stand by and allow another major
health risk be inflicted upon them.
In February of 2014, the Board of Port Commissions rejected a proposal to ship coal from one of
their terminals. McElhaney hopes to introduce her resolution jointly with members of the Port
Commission.
In June of 2014, Councilmember McElhaney and her colleagues passed a resolution opposing the
transport of coal, oil, petcoke (a byproduct of the oil refining process) and other hazardous
materials by railways and waterways within
the City. That resolution was advisory only, since the City does not have jurisdiction over the
railways. The current resolution contemplated by McElhaney would have a regulatory effects,
since the City owns the land where the coal
shipment are being contemplated, and the Port has jurisdiction over what travels in and out.
Councilmember Gibson McElhaney expressed frustration that this message has not already been
clearly heard by the Citys partners in developing the former Army Base land (transferred to the
City by the Federal Government). Says
McElhaney, I have supported the development of the former Army Base, because the Port is an
economic engine that has the potential to benefit all Oaklanders. Does this mean that I believe
that we should keep our economic options open to include coal? Hell no!
The decision to ship coal out of the Port of Oakland has implications beyond the health of local
residents who may be affected by coal dust or potentially hazardous spills.
According to xxxx of the Bay Area Sierra Club, Utah and other coal producers are so eager to
ship their product out of the country, because the domestic market has dried up, as the United
States adopts cleaner forms of energy. West coast
ports are rejecting new coal-shipment terminals because coal even if its burned somewhere far
away is a dirty fuel that has global impacts in terms of climate change.
####
-Jess Dervin-Ackerman
Conservation Manager
Sierra Club, San Francisco Bay Chapter
2530 San Pablo Ave, Suite I
Berkeley, CA 94702
Office: (510) 848 - 0800 ext. 304
Cell: (510) 693-7677
jess.dervin-ackerman@sierraclub.org
Sierra Club San Francisco Bay Chapter: exploring, enjoying, and protecting the planet for over
90 years. Donate here to continue that legacy.
Bowie Resource Partners' proposal to export coal from the city-owned Charles P. Howard
Terminal. And in July of 2014, the City Council passed a resolution opposing the transport of
fossil fuels, including coal, by rail through the city. The State of California has taken a
complimentary position; In 2012, Assembly Joint Resolution 35 of the state legislature stated
opposition to coal being exported from the United States to countries with fewer environmental
regulations.
>
> CCIG's secretive project to export Utah coal would go against these precedents -- not to
mention their own promises to the community -- and betray the best interests of the residents of
Oakland.
>
> Please stand with every Oakland resident who cares about global climate and community and
worker health in opposing this project and any other that would export fossil fuels from
Oakland's ports. Public land should be used for the public good, not for a dirty export project that
would put us all in danger.
> Sincerely,
>
> Ms. Jilchristina Vest
> 831 Center St
> Oakland, CA 94607-1915
> (510) 919-5073
>
>
Casey
The bulk terminal OBOT is being privately financed - not paid for by TIGER. The $200M going into
the bulk terminal includes the cost of the railway connection and is part and parcel of the railway
deal within the Citys land. The $200M is a big chunk of the Citys local match for the $240M
grant that we received. Thats the problem with losing the OBOT, is that it becomes more difficult
(but not necessarily impossible) to come up with the match.
I dont know how Phil proved to the City that he can get the funding, but I believe that he can.
I am aware that covered trains basically dont exist, they would have to custom build them.
Zachary Wald
Chief of Staff for Lynette Gibson McElhaney
Oakland City Council President, District 3 Representative
510-238-7032
From: Farmer, Casey
Sent: Wednesday, June 03, 2015 2:30 PM
To: Wald, Zachary
Cc: McElhaney, Lynette
Subject: research based on call with NextGen on coal
Next Gen is Tom Steyers group
They asked a good question:
*
How did Phil prove to the City that he could get capital partners to build out the OAB for
the bulk terminals? How did he have to prove to us that he could raise the funds? What parts of
the construction were covered by Tiger and which parts were funded privately? What did
ProLogis commit to funding? CCIG?
*
Interesting points that theyve researched:
o
They say that covered trains are very uncommon in the US. NextGen found examples
where companies said they were going to cover the train cars but they actually use a spray
(like hairspray) to cover the coal dust not actual air-tight covers.
o
According to their research, coal dust has been proven to be majorly harmful for railroads
themselves (it breaks down the rail line)
Best,
Casey Farmer
Policy Director and Community Liaison
City Council President Lynette Gibson McElhaney
Oakland, District 3
cfarmer@oaklandnet.com
Direct 510.238.7031
Cell 510.863.4059
From: Wald, Zachary
Sent: Thursday, May 14, 2015 7:10 AM
To:
McElhaney, Lynette; Farmer, Casey
Subject:
Re: rules request -draft language (FINAL BY 9:30am tomorrow)
L-
We can slow down on the rules request, but I believe that we need a press release in opposition
to coal right away.
The Mayor was supposed to do it jointly with us last night, but we should go ahead on our own if
she isn't ready.
Who are you talking to?- that information is what we told the Mayors office - something isn't right
Z
Zac Wald
Chief of Staff
Oakland City Council President
Lynette Gibson McElhaney
(510) 238-7032
From: McElhaney, Lynette
Sent: Thursday, May 14, 6:57 AM
Subject: Re: rules request -draft language (FINAL BY 9:30am tomorrow)
To: Farmer, Casey
Cc: Wald, Zachary
Zac,
It appears we need to review the Development Agreement that we passed. Despite assurances
from Phil/Mark at the time, it appears we may have adopted language that exempted the
development from any future regulations that we could pass. I recall us discussing what changes
to the DA needed to be made but I think you had only minor tweaks at that time. I may want to
go back and review the debate and proceedings. The Mayor is asking for a legal review as to
whether the Council can so bind future council action. We need to slow down a formal press
release. There is more to know before we go.
Thanks,
Sent by Council President Lynette Gibson McElhaney from my iPad
On May 13, 2015, at 2:05 PM, Farmer, Casey < CFarmer@oaklandnet.com> wrote:
Recommendation: Public Hearing on the Health and Safety Impacts of Coal Shipments In and/or
Out of the Oakland Army Base Property, Owned by the City of Oakland, In Accordance with Lease
Disposition and Development Agreement
(LDDA) Article 3, Section 3.4.2 Which Permits The City of Oakland to Investigate Potential Risks in
Order to Protect the Public Healthy and Safety of Occupants and Adjacent Neighbors.
Casey Farmer
Policy Director and Community Liaison
City Council President Lynette Gibson McElhaney
Oakland, District 3
cfarmer@oaklandnet.com
Direct 510.238.7031
Cell 510.863.4059
and that capacity is not ours to give away. Again, the class 1 railroads have a large say in the
process of what is moving as well.
TLS has represented that they are looking at the right combination of committees to determine
which mix will offer the most stable revenue for them to commit $250m and be commercially
viable. They have emphasized that they were not hanging their hat on a single commodity, but
would keep an open mind as each commodity has its place in the global commodity market
place.
Having evidenced the know how and financial capacity, they are in the midst of closing their
underwriting and financing to deliver a state of the art facility we can all be proud of. The parties
anticipate that this will be done as early as September 2015.
Over the past 18 months there have been a number of media inquiries regarding the project that
have led to stories with a myopic narrative not considering the complexity of the supply chain
and a wide array of commodities or even the simple facts.
I assure you we have a high degree of sensitivity to the concerns of the environmental
community, Jerry Bridges has expressed the same for TLS. One Utah official desires for media
coverage and his hopes for Oakland should not shape the future of our years of work, significant
investment, and the project as a whole. I am currently in the process of arranging a $60 million
dollar credit facility for the City to bridge anticipated ACTC funding. Any diminishment delay or
cancellation of the project as planned would certainly suppress and kill that effort. I also think it
is critical while we are in underwriting that we ask the Port Board not take any action based on
presumption and dis-information but instead of hard facts.
I remain available to meet and discuss the specifics of our project and have a commitment from
Mr. Bridges to be available for the same. We both look forward to meeting with you and the
Mayor soon.
Respectfully,
Tagami
Phil Tagami
CEO & President
tagami@californiagroup.com
510.463.6343
CALIFORNIA CAPITAL & INVESTMENT GROUP
The Rotunda Building
300 Frank Ogawa Plaza, Suite 340 | Oakland, CA 94612
Office 510.268.8500 | Facsimile 510.225.3954
Brokerage | Development | Management | Investments | Advisory
THIS COMMUNICATION MAY BE PRIVILEGED AND CONFIDENTIAL.
This e-mail, including any attachments hereto, is intended for use solely by the addressee(s)
named herein. If you are not a named
addressee of this e-mail, you are hereby notified that any dissemination, distribution or copying
of this e-mail and of any attachments
hereto is strictly prohibited. If this e-mail has been transmitted to you in error, please
immediately notify us by telephone at (510)
268-8500 or via e-mail at tagami@californiagroup.com, and permanently delete the original and
any copy of this e-mail and destroy
any printout thereof. Thank you for your cooperation.