1 result for month: 11/2018


City Says Coal Terminal Lease Is Dead; Tagami Threatens New Suit

In a dramatic new challenge to developer Phil Tagami’s plan to build a marine coal terminal in West Oakland, the City of Oakland has given notice that he will soon lose his 66-year lease on the West Gateway for failure to meet critical milestones for beginning construction. Although Tagami’s lawyer asserts that the lease has not been terminated, City Attorney Barbara Parker notified Tagami that the lease will automatically terminate on November 22, 2018 without any further notice. In response, Tagami is threatening a new lawsuit against the City demanding $26 million in damages and a court order giving him a two-year reprieve on meeting his ...