ITEM NO:        6c_Reso____ 
DATE OF MEETING: August 4, 2015__ 
RESOLUTION No. 3710 

A RESOLUTION of the Port Commission of the Port of Seattle declaring certain
personal property surplus (Port of Seattle MHI Cranes No. 70,
71, and 72 and related spare parts at Terminal 18) for Port of
Seattle purposes; authorizing their sale to SSA Terminals
LLC; and authorizing the Chief Executive Officer to execute
all documents related to such sale or disposal. 
WHEREAS, the Port of Seattle ("Port")has owned the personal property described as 
MHI Cranes, No. 70, 71, and 72, ("MHI Cranes"), and related spare parts; and 
WHEREAS, the Port Commission on July 22, 2014, authorized the sale of these cranes
and spare parts to SSA Terminal, LLC ("SSAT") pursuant to the terms of the Third Amendment
to the SSAT crane agreement; and 
WHEREAS, The Third Amendment to the crane agreement between SSAT and the Port
of Seattle was executed by the parties on January 12, 2015; and 
WHEREAS, said property is no longer needed for its intended purpose, or other
purposes of the Port; 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 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: MHI Cranes numbers 70, 71, and 72, and any related spare parts, are no longer
needed for Port purposes, and it is in the best interest of the Port that said property be sold or
disposed in accordance with the terms of the Third Amendment to the Crane Agreement between
the Port and SSAT at Terminal 18. 
Section 2: On April 27, 2015, a valuation of the cranes was completed to determine the
Fair Market Value for Removal (FMV-R) which assumed the cranes will be removed and
relocated away from their existing location. This value was applicable to older cranes with
geometry, systems, and characteristics no longer suitable for primary cargo handling activities at
the current location. This value was dependent upon price of similar cranes from other regions,
costs of relocation, and presence of willing buyer to match willing seller. The valuation
determined the FMV-R as US$300,000 for each of the subject MHI Cranes.

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Crane No.  Serial No.  Fair Market Value Assessment   Sales Tax      Total 
2015     9.60% 
Crane 70      971677                 $300,000     $28,800       $328,800 
Crane 71      971678                 $300,000     $28,800       $328,800 
Crane 72      971679                 $300,000     $28,800       $328,800 
Total                 $900,000     $86,400       $986,400 
Related Spare Container Parts              Serial Number/VIN 

Machinery House Hoist, Toyota                                        10658 
Machinery House Hoist, Toyota                                        10659 
Machinery House Hoist, Toyota                                        10660 
20'-45' Twin Spreader, Bromma/Ropco                                  691024 
20'-45' Twin Spreader, Bromma/Ropco                                  691025 
20'-45' Twin Spreader, Bromma/Ropco                                  691026 
20'-45' Twin Spreader, Bromma/Ropco                                  691027 
20'-45' Twin Spreader, Bromma/Ropco                                  691028 
Lift Beam, Earl's                                                   857-1016 
Crane Cargo Hook, Bromma/Ropco                                  691029 
Spreader Beam Trailer, Magnum                            2P9ST2BV1XA015972 
Spreader Beam Trailer, Magnum                            2P9ST2BV3XAO15973 

Section 3: The Chief Executive Officer is authorized to take all necessary steps, and
execute all necessary documents, to arrange for the sale or other disposal of said property to
SSAT in accordance with the terms of the Third Amendment to the Crane Agreement with
SSAT. 
ADOPTED by the Port Commission of the Port of Seattle this _________ day of
____________________, 2015, 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 

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