PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA                     Item No.         6b 
ACTION ITEM                   Date of Meeting     July 23, 2013 

DATE:     July 12, 2013 
TO:        Tay Yoshitani, Chief Executive Officer 
FROM:    Mike McLaughlin, Director, Cruise and Maritime Operations 
MaryAnn Lobdell, Manager, Marine Maintenance Compliance & Fleet 
SUBJECT:  Resolution No. 3682, declaring certain personal property surplus (Port of Seattle
Heavy Lift Truck No. 25) and authorizing its sale or disposal 

ACTION REQUESTED 
Request (1) unanimous consent to adopt Resolution No. 3682 at the same meeting at which it is
first introduced, as required by Article VIII, Section 1, of the Commission Bylaws; and (2) First
Reading and Second Reading and Final Passage of Resolution No. 3682 : A Resolution of the
Port Commission of the Port of Seattle declaring Heavy Lift Truck No. 25 surplus for Port
District purposes and authorizing the Chief Executive Officer to execute all documents necessary
for its sale or disposal. 
SYNOPSIS 
Heavy Lift Truck No. 25 (HLT 25), located at Terminal 91, is a 1969 Towmotor Forklift Model
AH60. It is 44 years old, has exceeded its expected lifecycle, and is in need of repairs, parts for 
which are obsolete. In 2011, the Seaport Division purchased a new replacement forklift as part of
the Fleet Replacement Program. The new replacement forklift is smaller, more maneuverable,
has cleaner emissions and better suits the current terminal operational needs. The justification for
purchasing the new forklift included taking HLT 25 out of service to replace the aging forklift
and to save maintenance costs. The Seaport Division requests approval to surplus HLT 25 and to
dispose of property by sale for use by others or to be sold as scrap. 
The Commission Bylaws require unanimous consent of all Commissioners to introduce and
adopt a resolution at the same meeting, and RCW 53.08.090 requires the Commission to adopt a
resolution to sell or convey personal property valued at more than $17,000. 
BACKGROUND 
Heavy lift equipment at Terminal 91 is rented out to customers and tenants for lifting heavy
fishing nets and large  spools of wire  rope  weighing approximately  30,000 pounds.  This
equipment, including the forklift already acquired to replace HLT 25, provides a valuable source
of income to the terminal and is a vital part of operations. 

Template revised May 30, 2013.

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
July 12, 2013 
Page 2 of 3 
RCW 53.08.090 provides that a port district "may sell or convey any of its real or personal
property" valued at more than $17,000 (amount adjusted annually) "when the port district has, by
resolution, declared the property to be no longer needed for district purposes." Article VIII,
Section 1, of the Commission Bylaws requires unanimous consent by the Commission when a
resolution is both introduced for the first time and adopted at the same meeting. 
PROJECT JUSTIFICATION AND DETAILS 
HLT 25 has exceeded its useful life and is beyond economical repair. In 2011, the Seaport
Division purchased a new replacement forklift as part of the Fleet Replacement Program. HLT 
25 is no longer needed for terminal operations and is scheduled for surplus.  Port staff will
dispose of HLT 25 in accordance with the guidelines of Policy AC-13, Disposition of Property.
Staff anticipates sale of HLT 25 by December 31, 2013. 
FINANCIAL IMPLICATIONS 
Heavy Lift Truck No. 25 was purchased for $67,038.25 in August 1969. Its estimated salvage
value at auction is in the range of approximately $15,000 to $20,000. A comparable forklift in
similar condition recently sold online for $16,000.  The current net book value of HLT 25 is
$0.00. 
Financial Analysis and Summary 
CIP Category                   N/A 
Project Type                     N/A 
Risk adjusted discount rate       N/A 
Key risk factors                   Key risk factors include the possibility that no buyer will
be found for Heavy Lift Truck No. 25 and the Port may
eventually need to consider disposing of this forklift as
scrap metal. 
Project cost for analysis           N/A 
Business Unit (BU)               Seaport 
Effect on business performance   There is no impact to business operations from this
request to surplus Heavy Lift Truck No. 25. The sales
proceeds, if any, and the related recognition of gain or
loss on sale will be recorded as a non-operating activity in
the year of sale. 
IRR/NPV                   N/A 
CPE Impact                   N/A 
STRATEGIES AND OBJECTIVES 
This request supports the Seaport Division's business plan strategic goal to "maintain existing
assets and invest in new developments to sustain and enhance Seaport vitality" by maintaining
valuable Port assets and committing to their continued use.  It also contributes to the business
plan strategic goal to "bethe global leader among seaports in demonstrating environmental

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
July 12, 2013 
Page 3 of 3 
stewardship and reducing the environmental impact of our operations" by supporting purchase of
fuel-efficient equipment that creates less air pollution. Replacement of aging equipment also
promotes improved worker safety. 
ALTERNATIVES AND IMPLICATIONS CONSIDERED 
Alternative 1)  Doing nothing would leave Heavy Lift Truck No. 25 as is. The forklift is not in
service and in need of repairs. -This is not the recommended alternative. 
Alternative 2)  Adopt Resolution No. 3682, which allows the Port to advertise for sale one
1969 Towmotor Forklift Model AH60 for use by others, trade for new equipment, or sell as
scrap. This is the recommended alternative. 
ATTACHMENTS TO THIS REQUEST 
Resolution No. 3682. 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
None.