Item Number: 6a__Attach_1 
Date of Meeting: May 27, 2014 

RESOLUTION NO. 3691 
A RESOLUTION of the Port Commission of the Port of Seattle declaring
certain personal property surplus (Port of Seattle
Passenger Loading Bridges (PLBs) N3, N7, N8, N9,
N10, N11, and N14 and related spare parts) for Port of
Seattle purposes; authorizing its sale to Alaska
Airlines; and authorizing the Chief Executive Officer
to execute all documents related to such sale. 
WHEREAS, the Port of Seattle ("Port") has owned the personal property described as
PLB N3 MSB6/154 Mitsubishi, PLB N7 OG 31393, PLB N8 MSB-6/156 Mitsubishi, PLB N9
OG 35502, PLB N10 OG 35552, PLB N11 OG 38944, PLB N14 OG 38945, respectively, and
related spare parts; and 
WHEREAS, the Port's overall PLB strategy at Seattle  Tacoma International Airport
("Airport") is for the Port to own all PLBs, thereby maintaining flexibility and control over gate
moves and consistent level of service and, to this end, the Port has systematically purchased
PLBs from a number of airlines operating at the Airport; 
WHEREAS, Alaska Airlines expressed a desire to own all the PLBs located at the
Airport's North Satellite, while the Port will own and operate all other PLBs at the Airport; and
the Port agrees that such a strategy is reasonable in light of the size of Alaska's operations ; and 
WHEREAS, pursuant to Section 53.08.090 of the Revised Code of Washington, the Port
Commission may declare surplus any personal property no longer needed for port district
purposes, and authorize its sale or other disposal; 
NOW THEREFORE, BE IT RESOLVED by the Port Commission of the Port of
Seattle as follows: 
Section 1: PLBs N3, N7, N8, N9, N10, N11, and N14 and related spare parts, are no
longer needed for port district purposes, and it is in the best interest of the Port that said property
be sold to Alaska Airlines. 
Section 2: As of March 2014, the fair market values of the PLBs at N3, N7, N8, N9,
N10, N11, and N14 and related spare parts are:

Fair   Market   Value
PLB      Assessment           Sales Tax    TOTAL 
2014       9.50%      Sale Price 
N3                     $1.00       $0.10        $1.10 
N7                 $290,000.00    $27,550.00     $317,550.00 
N8                     $1.00       $0.10        $1.10 
N9                  $63,850.00     $6,065.75     $69,915.75 
N10                 $76,000.00    $7,220.00     $83,220.00 
N11                 $165,100.00    $15,684.50     $180,784.50 
N14                 $165,100.00    $15,684.50     $180,784.50 
TOTAL
SALE             $760,052.00   $72,204.94    $832,256.94 

Section 3: The Chief Executive Officer is authorized to take all necessary steps, and
execute all necessary documents, to arrange for the sale of said property to Alaska Airlines. 
ADOPTED  by the Port Commission of the Port of Seattle this
_____________________day of ______________________, 2014, and duly authenticated in
open session by the signatures of the Commissioners voting in favor thereof and the seal of the
Commission. 

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Port Commission