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BOARD OF PORT COMMISSIONERS PORT OF REDWOOD CITY ANNUAL REPORT DATE: October 27, 2025 SUBMITTED BY: Kristine A. Zortman, Executive Director VIA Board of Port Commissioners TITLE: BOARD OF PORT COMMISSIONERS OF THE CITY OF REDWOOD CITY - FISCAL YEAR 2025 ANNUAL REPORT Page 1 of 4 RECOMMENDATION The Board of Port Commissioners recommends that the City Council receive the presentation for the Fiscal Year 2025 (FY25) year end results and objectives for the Fiscal Year 2026 (Annual Report). CITY’S STRATEGIC PLAN GUIDING PRINCIPLE(S) Economic Development; Community Building; Transportation; Government Operations BACKGROUND City Charter – The Port of Redwood City (Port), founded by City Charter in 1937, is an enterprise department of the City of Redwood City (City). A five-member Board of Port Commissioners (Board), appointed by the City Council, governs the Port and is vested with the complete and exclusive control and management of the Port, including the right to adopt and enforce ordinances, orders, regulations, and practices for proper administration as necessary for the management and governance of the Port and its facilities (City Charter, Section 47 et seq). By appointing the Port Board, the City Council determines the governance of the Port as a financially self-sufficient enterprise department without any General Fund support. Unlike many other City departments, the Port is a revenue generating department for the City. The finances of the Port are maintained as a separate budget of the City and support City services through an annual subvention payment to the City based upon the Port’s annual revenues. Pursuant to Section 47g of the City Charter, the Board reports annually to the City Council on the preceding year’s activities and accomplishments and on future plans and objectives. This Annual Report is presented and delivered to the City Council at its meeting of even date herewith. Public Trust Doctrine – Pursuant to California Public Resource Code §6009 (Public Trust Doctrine), the Port is the only deep-water port in South San Francisco Bay and its strategic location makes it a valuable economic engine for the region and an essential part of the nation’s freight transportation system, facilitating the movement of international cargo in addition to creating economic benefits for the region, state, and nation. The state, cedes the management of trust lands to its respective grantees, for the purposes of preserving access for commerce and navigation as priority uses. As defined, Public Trust Doctrine §6009 (d) Grantees are required to manage the state’s tidelands and submerged lands consistent with the terms and obligations of their grants and the public trust, without subjugation of statewide interests, concerns, or benefits to the inclination of local or municipal affairs, initiatives, or excises. The management of the state’s 6.B. - Page 1 of 4 9