I don't disagree with many of the points you make. I honestly don't know enough about the ownership and funding of port operations to know what the right answer is. I do know that using 30 year general obligation "infrastructure" bonds, to be paid by California taxpayers, is not the right formula for buying new trucks. ;-)
Well, a 30-year obligation to buy something that will be worthless in ten years should make anybody do a double-take.
Except Dems, of course. Heck, you could probably get Dems to vote for bonds that would fund welfare payments.