Tuesday, February 5, 2013

West Sacramento Port Seeks Business Partners

The Port of West Sacramento, which has been operated by the City of West Sacramento since 2006, says it’s looking to transition to a landlord operating model that reduces cargo facility operating costs and cargo-market risks and increases the value of underused facilities and properties.

In a Request for Interest (RFI) released Feb. 1, the port revealed it’s looking to identify potential business partners to lease or operate the port’s cargo facilities and to lease, purchase or develop port-owned real estate.

The RFI, which can be found at portofwestsac.com, was released as part of a new business plan being implemented by the port.

“We’re looking for ways to ensure that the port is financially self-sufficient while remaining a long-term economic and community asset to the City of West Sacramento and greater Sacramento region,” said Port Commission Chair Mike McGowan.

Statements of interest are due by 5 pm local time on Fri., Feb. 15. They can be mailed to Port of West Sacramento, 1110 West Capitol Avenue, West Sacramento, California 95691 USA, Attention: Rick Toft.

Email responses are encouraged by the port however, and can be sent to rickt@cityofwestsacramento.org.

All responses are to be evaluated by port and City of West Sacramento staff and the Port Commission. Potential next steps include moving ahead with a formal request for proposal process, entering directly into negotiations with one or more of the potential partners, or taking no further action.
The inland Port of West Sacramento is located within the City of West Sacramento, directly across the Sacramento River from downtown Sacramento and 79 nautical miles from San Francisco. The port opened in 1963.

Additional information on the RFI can be obtained by contacting Rick Toft at (916) 617-4565 or rickt@cityofwestsacramento.org.