Section 1 The Port Commission of the Port of Seattle hereby delegates to the Chief Executive Officer of the Port of Seattle (“CEO”) the authority to sell and convey Port personal property of a value established annually by resolution Section 2 The value of Port personal property that may be sold and conveyed by the CEO in 201 , in accordance with Section 1 shall be $ 19,000 or less , per occurrence CEO’s authority under this resolution and adjust the property value limit under Section 2 based on the governmental price index established by the Washington State Department of Revenue ITEM NO: March 28 , 201 ADOPTED by the Port Commission of the Port of Seattle, at a duly noticed meeting held this ______ day of ______ _____, , and duly authenticated in open session by the signatures of the Commissioners voting in favor thereof and the seal of the Commission. _______________________________ _______________________________ _______________________________ ______________________________ ___________________________ Port Commission