Item No.: 8f_Supp Date of Meeting: November 18, 2025 West Waterway Deepening Early Action Construction Credit MOU Stephanie Jones Stebbins - Managing Director, Maritime Arthur Kim - Capital Project Manager, Waterfront Project Management Action Request Request Commission authorization for the Executive Director to execute a Memorandum of Understanding with the Unites States Army Corps of Engineers to establish eligibility for potential inkind credit to the West Waterway Deepening Project resulting from the West Waterway High Spots Early Action Project. 2 Project Location 3 Background • Due to delays in the West Waterway Deepening Project, the Port will proceed with the West Waterway High Spots Early Action Project in Q4 of 2025. • The high spots overlap the Deepening Project so the Port may be eligible to receive in-kind construction credit. • An MOU must be signed with the USACE to potentially receive in-kind construction credit. 4 MOU Objectives • Enter into an MOU agreement with the USACE for potential inkind construction credit for the West Waterway Deepening Project of up to $2 million. - Executed MOU does not guarantee future credit. • High Spots Early Action Project will proceed regardless of MOU. 5 Project Schedule Activity Anticipated Date Commission - MOU Authorization Q4 2025 Execute MOU Q4 2025 Construction Start Q4 2025 Substantial Completion Q1 2026 6 Questions? 7