PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.       6b 
ACTION ITEM             Date of Meeting    March 5, 2013 

DATE:    February 22, 2013 
TO:      Tay Yoshitani, Chief Executive Officer 
FROM:   W. Allan Royal, Manager Real Estate Development 
SUBJECT:  Second Reading and Final Passage of Resolution No. 3675: Property Conveyance
of real property to Central Puget Sound Regional Transit Authority (Sound Transit). 
Net Proceeds to the Port:   $3,393,000 
ACTION REQUESTED: 
Request Second Reading and Final Passage of Resolution No. 3675: A Resolution of the 
Commission of the Port of Seattle declaring four parcels of certain real property located at: 28th
Avenue and 200th Street, and on 28th Avenue south of 200th Street, SeaTac, Washington, to be
surplus and no longer needed for port district purposes and authorizing the Chief Executive
Officer to execute all documents necessary for conveyance of the title and sale of the real
property to Sound Transit. The value of the real property being sold, determined by appraisal,
will provide a net proceeds to the Port totaling $3,393,000.00. 
SYNOPSIS: 
Port property Sound Transit has identified as needed for South Link. 
Sound Transit has identified three Port-owned parcels of land needed for the Airport Link
Light Rail project. One parcel has two pieces and are in the triangle-shaped property on 28th
Avenue and 200th Street. These two pieces were severed from the large parcel, King County
Parcel 0422049136, to the west upon the realignment of 28th Avenue. 
The remaining two contiguous parcels, King County Parcels 3445000095 and 3445000098,
are on 28th Avenue south of 200th and were acquired for noise mitigation purposes, see
Exhibit A. The fair market value of the properties was determined by appraisal. The sale of
the property has been approved by the Federal Aviation Administration. 
BACKGROUND: 
As part of the Port of Seattle's on-going effort to encourage alternate environmentally friendly
means of accessing the Airport, the Port has diligently worked to facilitate the development of
Link Light Rail to the Airport and across Port property. The extension of Link Light Rail south
of the Airport will ultimately provide passengers and employees coming from the south another
means of transportation.

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
February 22, 2013 
Page 2 of 4 

The extension of Link Light Rail to 200th Street is the next step in Sound Transit's effort to
provide regional connections for the citizens from Seattle to Tacoma.
PROJECT JUSTIFICATION: 
Approval of the sale of these properties will help improve access to Sea-Tac International
Airport for our passengers and employees. 
It will also help reduce vehicular traffic, which would prolong the capacity of our Airport drives
through reduced traffic, and reduce emissions from the public's access to our facility. 
Project Objectives: 
Facilitate the extension of Link Light Rail to the south. 
Assist in providing environmental sound alternatives for passenger and employee
access. 
Reduce vehicular traffic to and from the airport. 
PROJECT SCOPE OF WORK AND SCHEDULE: 
Scope of Work: 
Sell King County Parcels 0422049136, 0445000095, and 3445000098 to Sound Transit. 
Schedule: 
Transfer of property will occur in early 2013. 
FINANCIAL IMPLICATIONS: 
Financial Analysis and Summary: 
Appraised Value         Net to Port 
KC Parcel 0422049136             $2,383,000            $2,383,000 
KC Parcels 3445000095 & 3445000098   $1,010,000           $1,010,000 
__________ 
$3,393,000 
The proceeds of the sale of King County Parcels 3445000095 and 3445000098 will have an FAA
restricted component of $599,940 because they were acquired with a Noise Grant. The proceeds
of the sale will be used to fund the Olympic School project, which is part of the FAA-approved
noise mitigation agreement between the Highline School District and the Port of Seattle. 
STRATEGIC OBJECTIVES: 
The Century Agenda calls for making the Seattle-Tacoma International Airport the Gateway of
choice. Ensuring alternative means of getting to and from the Airport is one important
component in achieving that goal. In addition, accommodating electric link light rail is a step

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
February 22, 2013 
Page 3 of 4 
forward in another Century Agenda goal of being the greenest and most energy efficient port in
North America.
BUSINESS PLAN OBJECTIVES: 
The approval of these actions will meet the objectives of: 
Operating a world-class international airport by meeting our tenants, passengers and
employees needs for alternate means of getting to and from the Airport. 
Helping reduce the Airport's environmental impact by facilitating a cleaner alternative to
vehicular traffic. 
ENVIRONMENTAL SUSTAINABILITY: 
The proposed action will help improve air quality by reducing vehicular traffic with providing
the alternative of electric Link Light Rail. 
TRIPLE BOTTOM LINE SUMMARY: 
Supporting Sound Transit's South Link project will provide a long-term solution in regional
transportation by expanding the existing Link Light Rail access to the Airport and enabling the
region to continue to receive the economic benefit of Link Light Rail. The Link Light Rail
extension from the Airport Station to the South 200th Station complements the Port's
environmental commitment by providing alternate means of transportation for Airport customers
and employees and a low-cost method to get to and from the Airport from our local
communities. Extension of the Link Light Rail system to South 200th Street will provide
additional capacity to the existing system, thereby serving a greater ridership base to the south. 
The Port has no direct involvement in hiring or contracting this project. However, Sound Transit
estimates this will provide approximately 2,600 jobs over the next three years during the
construction of the Link Light Rail and Sound Transit's guidelines call for "Maximum use of
minority, women and disadvantaged businesses." Also, Sound Transit has a guideline of
"Maximum use of local businesses in their Diversity Program." 
ALTERNATIVES CONSIDERED AND THEIR IMPLICATIONS: 
Alternative 1: Do not approve the action requested. This would stop Link Light Rail from
proceeding on a cooperative basis and would more than likely force a condemnation action. This
is not the recommended alternative. 
Alternative 2: Approve the action requested. This will provide Link Light Rail's continued
expansion to the south. This is the recommended alternative.

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
February 22, 2013 
Page 4 of 4 
OTHER DOCUMENTS ASSOCIATED WITH THIS REQUEST: 
Resolution No. 3675 
Exhibit A 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS: 
April 27, 2010  Commission authorization for Chief Executive Officer to execute a
professional services Indefinite Delivery/Indefinite Quantity (IDIQ) contract for
roadways planning and preliminary design services totaling $600,000 for one (1) year
with the option to extend for up to two (2) additional years. 
May 10, 2011  Commission briefing on the status of project coordination between the
Port and Sound Transit. The briefing covered progress on the integration of Light Rail
and the Port's future roadways through preliminary design, intergovernmental
agreements and next steps. 
February 14, 2012  Commission authorization for the Chief Executive Officer to design,
advertise, award, and construct the relocation of several Port utilities in advance of and to
accommodate Sound Transit's South Link project for a total estimated cost of $950,000.
All costs associated with this work will be reimbursed by Sound Transit. 
May 1, 2012  Staff updated the Port Commission on the South Link project and
upcoming actions associated with the project. 
May 22, 2012  Commission approved the South Link Memorandum of Agreement with
Sound Transit to establish the real property, financial, design, and construction
arrangements for construction of the South Link Project at Seattle-Tacoma International
Airport and authorizing the Chief Executive Office to execute all necessary documents. 
February 26, 2013  Commission conducted First Reading and Public Hearing for 
Resolution No. 3675.