18. HD-24-337 Approve First Reading of Ordinance and Authorize Chief Executive Officer to Execute Sixth Amendment to Preferential Assignment Agreement with LBCT LLC, located at 1171 Pier F Avenue, Long Beach, CA 90802, to set forth the guaranteed minimum annual compensation per acre and wharfage break points for the five-year period commencing retroactively on July 1, 2021 and continuing through June 30, 2026, memorialize acreage amounts and dates of the construction milestones, and make the determination that the action is categorically exempt from the provisions of the California Environmental Quality Act. (Real Estate - E. Killeen)