The Regular meeting scheduled for 2020-10-27 at Remote

Transcript

The Regular meeting scheduled for 2020-10-27 at Remote

OKAY, THIS IS COMMISSIONER PETER STEINBRUECK RECONVENING THE REGULAR MEETING OF OCTOBER 27TH 2020
THE TIME IS NOW 12:01
WE'RE MEETING REMOTELY VIA TEAMS TO COMPLY WITH THE GOVERNOR SAFE START STAY HEALTHY ORDER IN ACCORDANCE WITH PROCLAMATION 2028
PRESENT WITH ME TODAY ARE COMMISSIONERS, LET'S SEE
WELL, I'M NOT SURE WHO
I WILL ASK THE CLERK TO DO THE ROLL CALL OF ALL COMMISSIONERS TO ENSURE EVERYONE IS ON THE LINE
I'LL TAKE CARE OF THAT
WE'LL BEGIN WITH COMMISSIONER BOWMAN
PRESENT
THANK YOU
COMMISSIONER CALKINS
PRESENT
THANK YOU
COMMISSIONER CHO
PRESENT
THANK YOU
COMMISSIONER FELLEMAN
COMMISSIONER STEINBREUCK, I THINK WE HAVE EVERYBODY BUT COMMISSIONER FELLEMAN
OKAY
WELL, HOPE HE'LL BE JOINING US SOON AND EXPECT HE WELL
TODAY'S MEETING IS STRUCTURED FOR OUR VIRTUAL FORMAT
WE'VE MADE SPECIAL ARRANGEMENTS TO PROVIDE FOR REMOTE PARTICIPATION FOR ALL OUR STAFF AND COMMISSIONERS
LATER WE WILL BE TAKING PUBLIC COMMENT FROM PEOPLE WHO ARE PARTICIPATING BY TEAMS AND WHO HAVE SIGNED UP TO SPEAK AND WE WILL ALSO HAVE A SUMMARY FROM THE CLERK ON THE WRITTEN COMMENTS THAT WE RECEIVED
PLEASE NOTE THAT ALL VOTES TODAY WILL BE TAKEN BY ROLL CALL METHOD SINCE ALL COMMISSIONERS ARE PARTICIPATING REMOTELY
THAT MEANS FOR EACH VOTE, THE CLERK WILL CALL EACH COMMISSIONERS' NAME
COMMISSIONERS ON THE TEAMS CALL WILL MAKE SURE THEY ARE UNMUTED AND THEN ANSWER YAY OR NAY, YES OR NO
BECAUSE COMMISSIONERS ON THE LINE ARE NOT FULLY IN CONTROL OF THE SOUND WE WILL TAKE ALL VOTES TODAY IN THIS MANNER INCLUDING OUR CONSENT AGENDA
TO BE EQUITABLE, WE WILL ALLOW EACH COMMISSIONER TO SPEAK IN TURN AND WAIT TO BE RECOGNIZED BEFORE SPEAKING AS MUCH AS POSSIBLE
WE BEGIN TODAY'S MEETING BY ACKNOWLEDGING THE INDIGENOUS PEOPLES OF THE DUWAMISH AND COASTAL SALISH WHO HAVE STEWARDED THESE BEAUTIFUL LANDS AND WATER SINCE TIME IMMEMORIAL WE MUST COMMIT TO DOING THE SAME FOR THE PLANET AND FOR GENERATIONS TO COME
THIS MEETING IS BEING DIGITALLY RECORDED AND MAY BE VIEWED OR HEARD IT ANYTIME ON THE PORT'S WEBSITE AND BE RE-BROADCAST BY KING COUNTY TELEVISION
NOW PLEASE STAND OR JOIN US FOR THE PLEDGE OF ALLEGIANCE
THERE'S OUR FLAG
I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS ONE NATION UNDER GOD INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL
NEXT ITEM OF BUSINESS IS THE APPROVAL OF THE AGENDA
CLERK, PLEASE UNMUTE THE COMMISSIONERS
COMMISSIONERS ON THE LINE, PLEASE UNMUTE YOURSELVES
I'M GOING TO ASK EACH COMMISSIONER IN TURN IF THEY HAVE ANY MOTIONS TO REARRANGE THE ORDERS OF THE DAY
AND IF YOU DO, I WILL ASK FOR A SECOND IF IT'S NEEDED
PLEASE RESPOND WHEN YOU'RE CALLED
IF YOU HAVE NO CHANGES JUST SAY NO
CLERK? THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
NO CHANGES TO THE AGENDA
ALTHOUGH I DID WANT TO PULL SOMETHING OFF CONSENT
OKAY
THANK YOU
COMMISSIONER CALKINS
NOPE
THANK YOU
COMMISSIONER CHO, ANY CHANGES TO THE AGENDA TODAY? NONE
THANK YOU
COMMISSIONER FELLEMAN ARE YOU WITH US? OKAY
STILL MISSING
OKAY, SO WE HAVE NO CHANGES THAT I'M HEARING FOR THE AGENDA TODAY ASIDE OF COMMISSIONER BOWMAN'S PULL FROM THE CONSENT
OKAY, VERY GOOD COMMISSIONERS
THE QUESTION IS NOW ON APPROVAL OF THE AGENDA
PLEASE SAY YES OR NO KNOW WHEN YOUR NAME IS CALLED
BEGINNING WITH COMMISSIONER BOWMAN
APPROVED
THANK YOU
COMMISSIONER CALKINS
APPROVED
THANK YOU
COMMISSIONER CHO
APPROVED
THANK YOU COMMISSIONER FELLEMAN
COMMISSIONER STEINBREUCK, FOR APPROVAL OF THE AGENDA
COMMISSIONER STEINBREUCK FOR APPROVAL OF THE AGENDA
YES
WE HAVE FOUR YESES
I JUST WANTED TO NOTE THAT WE STILL DON'T HAVE COMMISSIONER FELLEMAN
YEAH, OKAY FOR THE RECORD
WAIT
I SEE HIM ADDED HERE
COMMISSIONER FELLEMAN, WE WERE CALLING FOR ANY CHANGES TO THE AGENDA AND THEN APPROVAL OF THE AGENDA
DO YOU HAVE ANY CHANGES? NONE AT THIS TIME
THANK YOU
THANK YOU
OKAY, VERY GOOD
ALL RIGHT, THANKS
LET'S MOVE NOW TO THE EXECUTIVE DIRECTOR'S REPORT DIRECTOR METRUCK
GOOD AFTERNOON COMMISSIONERS
A FEW QUICK ANNOUNCEMENTS I'D LIKE TO SHARE TODAY
REGARDING THE PANDEMIC, IT IS IMPORTANT TO REALIZE THAT IT STILL CONTINUES AND STILL CONTINUES TO IMPACTS US
PUBLIC HEALTH IS REPORTING GROWING COMMUNITY SPREAD OF THE VIRUS IN KING COUNTY, THE STATE OF WASHINGTON, AND THE UNITED STATES
HERE ARE THE PORT TO SEATTLE WE ARE SEEING INCREASED NOTIFICATIONS FROM CONTRACTORS AND TENANTS
THE FOLLOWING METRICS WERE PROVIDED TO YOU FOR YOUR AWARENESS
WE HAVE 22 PORT OF SEATTLE EMPLOYEES THAT HAVE TESTED POSITIVE SINCE THE BEGINNING OF THE PANDEMIC
THE PORT OF SEATTLE IS CURRENTLY MONITORING 20 EMPLOYEES WHO ARE UNDER QUARANTINE FOR SIGNS OR SYMPTOMS OF ILLNESS OR HAVE EXPERIENCED AN EXPOSURE TO A CONFIRMED INDIVIDUAL WITH COVID-19 VIRUS
87 CONTRACTORS AND TENANTS HAVE REPORTED POSITIVE COVID-19-- [CELL PHONE DISTRACTION] PARDON THE INTERRUPTION, EXECUTIVE DIRECTOR
PLEASE CONTINUE
SO I WILL CONTINUE
18 OF THE 87 REPORTS FOR TENANTS AND CONTRACTORS HAVE OCCURRED IN THE MONTH OF OCTOBER AND 17 OF THE REPORTS HAVE OCCURRED IN THE MONTH OF SEPTEMBER
THESE MONTHLY TOTALS ARE ABOVE THE AVERAGE MONTHLY TOTAL, WHICH IS 10
JUST TO SHOW THAT THESE ARE INCREASING, WE'RE REFLECTING THE SAME THINGS AT THE PORT THAT WE'RE SEEING IN THE COMMUNITY
WE CONTINUE TO PARTNER WITH KING COUNTY PUBLIC HEALTH, PORT EMPLOYEES, AND CONTRACTOR AND TENANTS AS WE IDENTIFY AND CONTINUE TO MITIGATE THE POTENTIAL SPREAD OF THE VIRUS AT PORT FACILITIES
WITH COVID-19 CONTINUING TO HAVE AN IMPACT ON OUR OPERATIONS AND WAY OF LIFE, IT'S IMPORTANT THAT WE RECOGNIZE KEY MILESTONES ON A ROAD TO RECOVERY
AT SEATTLE-TACOMA INTERNATIONAL AIRPORT EARLIER THIS MONTH, FOR THE FIRST TIME SINCE MID-MARCH, US AIRPORTS SAW MORE THAN ONE MILLION PASSENGERS SCREENED IN A DAY FOR THE NATION
WE CONTINUE TO BE ENCOURAGED BY THE GRADUAL INCREASE IN THE NUMBER OF PASSENGERS AT THE AIRPORT AND SOON ANTICIPATE EXCEEDING 25 THOUSAND PEOPLE PER DAY THROUGH THE TSA CHECKPOINTS AT SEATTLE-TACOMA INTERNATIONAL AIRPORT
THIS IS COMPARED TO A LOW OF AROUND 2700 PEOPLE PER DAY IN APRIL
ANOTHER POSITIVE SIGN IS THAT POPULAR DESTINATIONS, LIKE HAWAII, CAN NOW BE ACCESSED WITH PROOF OF A NEGATIVE COVID TEST AND A 14 DAY QUARANTINE CAN BE AVOIDED
DEVELOPMENTS LIKE THIS HAVE PROMPTED CUSTOMERS TO ASK ABOUT THE ABILITY OF COVID TESTING SERVICES AT THE AIRPORT
AVIATION MANAGING DIRECTOR LANCE LITTLE AND HIS FLY HEALTHY AT SEA TEAM ARE EXPLORING THE OPTIONS FOR SUCH SERVICES INCLUDING A PILOT PROGRAM THAT WE HOPE TO HAVE MORE INFORMATION ABOUT THAT IN THE FUTURE
HEALTH AND SAFETY REMAIN OUR TOP PRIORITY HERE AT THE PORT
SANITATION, MASK,S AND SOCIAL DISTANCING EFFORTS REMAIN IN EFFECT AND ARE THE KEY TO OUR LAYERED STRATEGY OF KEEPING HEALTHY
LASTLY, WE HOSTED A CLEAN FUEL FORUM AND WEBINAR LAST WEEK WHERE WE FORMALLY RELEASED AN ANALYSIS FROM WASHINGTON STATE UNIVERSITY SHOWING THAT THE PACIFIC NORTHWEST FOREST AND LANDFILL WASTE COULD FUEL OVER 10% OF FLIGHTS AT SEATTLE-TACOMA INTERNATIONAL AIRPORT
COMMISSIONERS FELLEMAN AND CALKINS AND BIZ LEVETT OUR SENIOR DIRECTOR OF ENVIRONMENTAL SUSTAINABILITY MODERATED THE WEBINAR TO RELEASE THE WASHINGTON STATE REPORT DEVELOPED IN COOPERATION WITH THE PORT
MORE THAN 100 ATTENDEES TUNED IN TO HEAR ABOUT INDUSTRY DEVELOPMENTS, ECONOMIC SCENARIOS, AND ECONOMIC DEVELOPMENT POTENTIAL FOR LOW CARBON AND RENEWABLE DEVELOPMENT IN WASHINGTON STATE
THREE YEARS AGO THE PORT MADE A LOW CARBON FUEL STANDARD ITS TOP POLICY PRIORITY
CATASTROPHIC WILDFIRES, GROWING CLIMATE CRISIS, AS WELL AS INEQUITY FURTHER REVEALED BY COVID-19 MAKE IT MORE URGENT THAT WE REDUCE POLLUTION AND GENERATE CLEAN ENERGY DEVELOPMENT OPPORTUNITIES NOW
KUDOS TO THE TEAM FROM EXTERNAL RELATIONS, ENVIRONMENT, AND COMMISSION STAFF
ESPECIALLY KATHY REUTER AND ERIC FITCH FOR THE SUCCESSFUL EVENT AND CONTINUED EFFORTS IN THIS ARENA
MOVING TO TODAY'S COMMISSION MEETING
I'D LIKE TO HIGHLIGHT A FEW ITEMS ITEM 6C ON THE CONSENT AGENDA IS A REQUEST TO APPROVE A SETTLEMENT AGREEMENT TO RESOLVE LITIGATION
THIS RELATES TO AN AUGUST 6TH, 2018 INJURY THAT OCCURRED ON A PORT OF SEATTLE OWNED AND OPERATED SHUTTLE BUS AT SEATTLE-TACOMA INTERNATIONAL AIRPORT
COMMISSIONERS, THIS WAS AN UNFORTUNATE AND RARE OCCURRENCE THAT WAS INCONSISTENT WITH THE EXTENSIVE TRAINING THAT WE PROVIDE AND EMPHASIZE FOR OUR EMPLOYEES
THE PORT HAS RE-EMPHASIZED SAFETY PROTOCOLS FOR ALL DRIVERS AND HAS RETROFITTED OUR SHUTTLE BUSES TO INCLUDE MORE SAFETY FEATURES
OUR SHUTTLE BUS DRIVERS
[PHONE INTERRUPTION] WORKING ON IT
I THINK WE SEEM TO BE OKAY
OUR SHUTTLE BUSS DRIVERS PROVIDE A COURTESY RIDE TO MORE THAN 5 MILLION CUSTOMERS A YEAR
SAFETY IS THEIR TOP PRIORITY
SAFE ACCESS FOR ALL CONTINUES TO BE OUR GOAL FOR THE PORT
WE APPRECIATE THE CLARITY OF YOUR VISION FOR SEA TO BE THE MOST ACCESSIBLE AIRPORT IN NORTH AMERICA AND ASK FOR YOUR APPROVAL OF THIS LITIGATION SETTLEMENT
ITEM 7A IS THE CULMINATION OF OF THE INCREDIBLE PARKS WANT INCREDIBLE NAMES PROJECT
THIS IS A ONE-OF-A-KIND COMMUNITY ENGAGEMENT PROJECT THAT HAS HELPED THE PORT RENAME SIX PORT OWNED PUBLIC ACCESS SITES ALONG THE DUWAMISH RIVER
EACH OF THE NEW NAMES REFLECT THE CULTURAL, HISTORICAL AND ENVIRONMENTAL SIGNIFICANCE OF THESE AREAS AND WE'RE EAGER TO LEARN MORE ABOUT THE PROCESS WITH FOLKS THAT HAVE BEEN A PART OF IT
I'D LIKE TO EXTEND A SPECIAL THANK YOU TO THE PROJECT'S REVIEW COMMITTEE MEMBERS AND THOUSANDS OF COMMUNITY MEMBERS THAT PARTICIPATED SINCE WE LAUNCHED THIS PROJECT THIS SUMMER
FINALLY ITEM 7B IS A BRIEFING ON OUR TAX LEVY AND DRAFT PLAN TO FINANCE
THE RECOMMENDATION THAT YOU WILL HEAR ABOUT DURING THIS BRIEFING IS A RESULT OF THE MANY LONG HOURS WE HAVE SPENT IN VIRTUAL RETREATS MEETINGS, STUDY SESSIONS, AND EVEN MORE LONG HOURS PUT IN BY THE STAFF IN PREPARATION FOR THOSE EVENTS
WE HOSTED TWO VIRTUAL OPEN HOUSES AND HAD 40 EXTERNAL PARTICIPANTS FOR OUR AVIATION AND 49 FOR OUR MARITIME AND ECONOMIC DEVELOPMENT FOCUSED EVENTS
MANY FROM THE PORT TUNED IN AS WELL
THE LONG HOURS WE SPENT REVIEWING, LISTENING, ANALYZING AND PRIORITIZING OUR INVESTMENTS USING THE GUIDING PRINCIPLES THAT THE COMMISSION PROVIDED AT THE ONSET OF THIS PANDEMIC
THERE'S STILL A LOT OF UNCERTAINTY AS WE MOVE FORWARD IN THE BUDGETING PROCESS, BUT THE FINANCIAL PLAN THAT YOU'LL HEAR TODAY WILL HELP US WEATHER THE STORM
I WANT TO THANK ALL OF THE STAFF WHO HELPED GET US TO THIS POINT
THIS HAS JUST TURNED INTO AN EXTRAORDINARY BUDGET YEAR
EXTRAORDINARY BUDGET YEAR
I'LL I'LL HAVE MORE TO SAY ABOUT THIS WHEN THE BRIEFING COMES UP IN THE AGENDA
COMMISSIONERS, THIS CONCLUDES MY REMARKS
COMMISSIONER STEINBREUCK, YOU'RE MUTED
OKAY, THERE WE GO
SORRY
THANKS VERY MUCH FOR THAT UPDATE AND REPORT EXECUTIVE DIRECTOR METRUCK
I JUST WANT TO ADD A WORD OR TWO REGARDING THE TRAGIC ACCIDENT THAT OCCURRED INVOLVING A DRIVER AND A SHUTTLE SERVICE
THE INDIVIDUAL SUFFERED GREATLY AND FOR THAT WERE DEEPLY DEEPLY SORRY AND WE WILL RECOMMIT AND WORK HARDER TO ENSURE INCIDENTS LIKE THIS DON'T HAPPEN AGAIN AND TAKE EVERY POSSIBLE SAFETY MEASURE THAT WE CAN TO ENSURE THAT OCCURS IN THE FUTURE
SO WE ARE MAKING PROGRESS IN IMPROVING THE TRAVELER EXPERIENCE, PARTICULARLY WITH THOSE WITH DIFFERENT NEEDS AND ABILITIES
AND AGAIN, WE'RE DEEPLY SORRY ABOUT WHAT OCCURRED THERE AND WISH THE INDIVIDUAL WELL IN THEIR RECOVERY
THAT SAID I'D LIKE TO NOW ASK THAT OUR POLICY DIRECTOR AARON PRITCHARD REPORT OUT ON ANY COMMITTEES THAT HAVE OCCURRED SINCE THE LAST MEETING
THANKS COMMISSIONERS, EXECUTIVE DIRECTOR
OUR LAST COMMITTEE MEETING WE HAD WAS THE WATERFRONT AND INDUSTRIAL LANDS COMMITTEE CONVENED BY COMMISSIONERS BOWMAN AND STEINBREUCK ON OCTOBER 22ND TO DISCUSS THE WEST SEATTLE BRIDGE AND THE MAYOR'S INDUSTRIAL LANDS AND MARITIME STRATEGY GROUP
THE BRIEFING ON THE WEST SEATTLE BRIDGE RESULTED IN A RECOMMENDATION TO THE COMMISSION TO INCLUDE A WEST SEATTLE BRIEFING ON NOVEMBER 3RD NWSA PUBLIC MEETING TO GATHER DIRECTION FROM THE MANAGING MEMBERS SO STAFF CAN FINALIZE THE BASIS OF A UNIFIED NWSA NORTHWEST SEAPORT ALLIANCE POLICY POSITION TO COMMUNICATE TO MAYOR DURKIN AND OTHERS AT THE CITY OF SEATTLE
THE OTHER ITEM WE COVERED WAS ON THE MAYOR'S INDUSTRIAL LANDS AND MARITIME STRATEGY GROUP WHERE THE COMMITTEE RECOMMENDED CONTINUING TO ENGAGE WITH THE MAYOR'S STRATEGY GROUP WITH CERTAIN CONDITIONS INCLUDING A CLEAR REORIENTATION OF THE PROCESS TOWARDS THE DEVELOPMENT OF A ROBUST MARITIME STRATEGY AS WELL AS A FIRM ASSURANCE THAT THE PROCESS WILL NOT CONSIDER UP ZONES ON OF INDUSTRIAL LAND
THE OTHER COMMITTEE MEETING WE HAD
RIGHT ON
[LAUGHTER] THE OTHER COMMITTEE MEETING WE HAD WAS THE ARTBOARD AND COMMISSIONERS BOWMAN AND STEINBREUCK ALSO REPRESENTED THE COMMISSION AT THE ARTS AND CULTURE BOARD ON OCTOBER 22ND
THE BODY PROVIDED GUIDANCE ON THE RELOCATION OF THE CLEARING, A BRONZE PIECE FORMING A WALL BETWEEN BAGGAGE CLAIM IN THE GINAMARIE LINDSAY HALL AND THE LANDING AT THE CENTRAL COLLINS CONCOURSE
THE RECEIVED UPDATES ON THE RESTORATION, THE PLANNED RELOCATION OF THE HIGHWIRE FROM D CONCOURSE, AND THERE'S ALSO EXCITING DEVELOPMENTS AS WE SEE AN INSTALLATION OF THE NORTH'S SKYLIGHT PHASE 2 ART INCLUDING THE BOUNDARY BY JOHN GRADE
AND INSTALLATION WILL BEGIN ON NOVEMBER 4TH OF PIECES BY NED ZON AND MARCELA ZACHARIAS IN THE INTERNATIONAL ARRIVALS FACILITY
OUR NEXT COMMITTEE MEETINGS WILL BE THE AVIATION COMMITTEE ON OCTOBER 29TH
WE'LL BE LOOKING AT THE ALASKA PROPOSALS FOR A ZONE SIX AND SEVEN AND ALSO THE FLY HEALTHY UPDATE
FINALLY THE BIOMETRIC SPECIAL COMMITTEE WILL HAVE A PUBLIC MEETING ON NOVEMBER 6TH
THAT CONCLUDES MY REMARKS
THANK YOU
THANK YOU VERY MUCH, AARON PRITCHARD
WE'RE NOW ON TO THE NEXT ITEM ON OUR AGENDA, WHICH IS PUBLIC COMMENT WITH THOSE WHO HAVE SIGNED UP
WRITTEN MATERIALS PROVIDED TO THE CLERK WILL BE INCLUDED IN TODAY'S MEETING RECORD
THE CLERK HAS A LIST OF THOSE PREPARED TO SPEAK
AS THE CLERK CLOSE YOUR NAME WE WILL OPEN THE LINE AND COMMENTERS WILL HAVE TO UNMUTE THEMSELVES THEN PLEASE REPEAT YOUR NAME FOR THE RECORD
IF YOU'RE ON THE TEAMS MEETING AND ARE ALSO STREAMING THE MEETING PLEASE MUTE THE VIDEO STREAM TO AVOID FEEDBACK
ALSO NOTE THAT THERE MAY BE A SHORT TIME LAG ON THE VIDEO STREAM
COMMENT TIME WILL BE LIMITED TO TWO MINUTES PER PERSON
CLERK, PLEASE CALL THE FIRST SPEAKER
THANK YOU, AND YOU'LL NOTICE OUR TIMER LOOKS A LITTLE DIFFERENT THIS WEEK
IT'S NOT JUST MY FACE AND MY PHONE SO HOPEFULLY THAT IS HELPFUL FOR ALL
OUR FIRST SPEAKER IS JC HARRIS
FANCY
[LAUGHTER] YOU CAN THANK ALLISON THIESSEN IN OEDI FOR THAT RECOMMENDATION
JC, GOOD AFTERNOON COMMISSIONERS
HELLO TO YOU
JC HARRIS, CITY OF DES MOINES
TWO THINGS
PLEASE MAKE THE RAW DATA FOR NOISE MONITORS PUBLIC
WE DO NOT NEED A NEW FANGLED WEBSITE OR ANY OTHER INTERFACE
YOU CAN JUST MAKE IT AVAILABLE BY PUBLIC REQUEST AND THAT I THINK WOULD SATISFY THE NEEDS OF THE FOUR OR FIVE PEOPLE WHO ARE INTERESTED
THAT SHOULD INCLUDE THE AUDIO AND THE SECOND BY SECOND DATABASE
AGAIN FOR THE UMPTEENTH TIME, THESE ARE OPEN SOURCE AND SO THERE SHOULD NOT BE ANY CONTROVERSY ABOUT THAT SINCE YOU'VE ALREADY AGREED TO DO IT
AND IT'S BEEN A WHILE
THE SECOND THING
REGARDING THE PORT PACKAGES, FROM WHAT I CAN TELL OF THE PROPOSED BUDGET I AM VERY PLEASED TO SEE THAT YOU HAVE MOVED FORWARD WITH THE ACCELERATED PROGRAM
GOOD, BUT MY CONCERN IS THAT IN THE MEETINGS I'VE HAD WITH YOUR STAFF I HAVE NOT GOTTEN A GREAT SENSE THAT THE PROGRAM IS ACTUALLY BEING STOOD UP
SO WHETHER WE'RE TALKING ABOUT NEW PACKAGES OR UPDATES, THERE'S GOT TO BE A SYSTEM IN PLACE THAT MAKES IT POSSIBLE
I JUST WANT TO YOU KNOW, TELL YOU THAT YOU SHOULD CONSIDER AT LEAST A FEW UPDATES BECAUSE OF THE SEVERITY OF THESE HOMES' SITUATION
WHETHER YOU'RE TALKING NEW OR EXISTING PROJECTS, THESE ARE ALL PEOPLE WHO HAVE BEEN WAITING A LONG TIME AND IT WOULD GO A LONG WAY TO SHOWING YOUR SINCERITY FOR THE COMMUNITY TO AT LEAST WORK ON A COUPLE OF EXISTING STRUCTURES GIVEN THAT THEY DID NOT GET WHAT THEY WERE PROMISED
I THINK I'M IN UNDER TWO MINUTES
THANK YOU COMMISSIONERS
THANK YOU JC
WILL DEFINITELY FOLLOW UP ON YOUR REQUEST
NEXT SPEAKER, PLEASE
YES, THE NEXT SPEAKER IS BERNADINE LUNDT
BERNADINE, I SEE YOU
I THINK I SEE YOUR NUMBER
ARE YOU THERE? OKAY, LET'S GO TO THE NEXT AND MAYBE WE'LL RETURN TO BERNADINE
YEP
WE CAN DO THAT
DAVID GOEBLE
OKAY
CAN YOU SEE ME AND HEAR ME? I CAN HEAR YOU
AND YEP, WE CAN SEE YOU
ALL RIGHT? OKAY, THIS DAVID GOEBAL, PRESIDENT OF VASHON FAIR SKIES
AND TOUCHING AGAIN ON MONITOR NUMBER 12
I'VE AN ANALOGY THAT MIGHT BE INTERESTING TO THOSE PEOPLE WHO HAVE AN INTEREST IN MARINE MAMMAL FEEDING PATTERNS
SO BLUE WHALES ARE THE LARGEST ANIMAL EVER KNOWN TO BE EXISTENT
THEY CAN WEIGH UP TO 190 TONS
NOW IMAGINE THAT YOU ARE STUDYING THE BLUE WHALES DIET, BUT THE RULES ALLOW YOU TO EXCLUDE ANY FOOD ORGANISM THAT WEIGHS LESS THAN SAY AN OUNCE AS AN ALLOWED APPROXIMATION JUST TO MAKE THE PROJECT EASIER
YOU'D COME TO THE AMAZING CONCLUSION THAT BLUE WHALES, THE LARGEST ANIMALS EVER TO EXIST ON EARTH, LIVES WITHOUT CONSUMING ANY FOOD AND THE REASON IS BECAUSE THEY SUBSIST ENTIRELY ON KRILL WHICH WEIGH LESS THAN A TENTH OF AN OUNCE EACH
SO HAVING THAT RULE ALLOWING YOU TO EXCLUDE SMALL THINGS CAN MAKE A BIG DIFFERENCE
SO IN THE CASE OF MONITOR NUMBER 12 PICKING A RANDOM DAY IN DECEMBER, DECEMBER 5TH, IT REGISTERED 77 EVENTS
ALMOST ALL ARRIVALS ON 16 LEFT, WHICH IT WAS DESIGNED FOR AND ACTUALLY DOES A RELATIVELY OKAY JOB AT
THAT'S THE ONE WHERE IT'S NEAR
HOWEVER, 532 ARRIVALS LANDED ON 16 RIGHT WHICH IS MORE DISTANT AND WERE INTENTIONALLY EXCLUDED FROM THE CALCULATION BECAUSE EACH OF THOSE ARRIVALS BY THEMSELVES WAS A MUCH LOWER AMPLITUDE EVENT
AND THE LOGARITHMIC NATURE OF THE CALCULATION JUST MAKES IT THAT MUCH SMALLER
HOWEVER, JUST AS WITH WHALES AND KRILL, IF YOU HAVE ENOUGH OF A SMALL THING IT CAN .MAKE A DIFFERENCE IN AGGREGATE OR AS A BAND DEPECHE MODE SAID FOR THOSE FANS EVERYTHING COUNTS IN LARGE AMOUNTS
TAKING INTO ACCOUNT THESE 532 INTENTIONALLY EXCLUDED LOWER INTENSITY OVERFLIGHTS, THE LEQ VALUE FOR THAT DAY, DECEMBER 5TH, FROM MONITOR NUMBER 12 GOES FROM APPROXIMATELY 53.4 TO APPROXIMATELY 56.7 DECIBELS
THAT'S APPROXIMATELY DOUBLING OF INTENSITY
SO IT'S OFF BY A FACTOR OF 2 IN INTENSITY, NOT DECIBELS, INTENSITY
AND THERE IS AN APPROXIMATION WHICH ALLOWS YOU TO EXCLUDE
WELL, I'M SUBMITTING A WRITTEN TESTIMONY AS WELL WHICH WILL HAVE ALL THESE DETAILS INCLUDING A REGULATION THAT KIND OF ALLOWS YOU TO EXCLUDE THESE
HOWEVER, IT'S NOT WHAT YOU SHOULD DO, IT'S WHAT YOU'RE ALLOWED TO DO
THANK YOU
THANK YOU
OKAY
THAT WAS AN EXCELLENT POP CULTURE REFERENCE AND AMAZING ANALOGY AS A FAN OF ANALOGIES
THANK YOU
ALL RIGHT
OUR NEXT SPEAKER, I'LL GO BACK TO BERNADINE LUND
ALL RIGHT, BERNARDINE
I SEE YOU UNMUTED OR MIGHT HAVE JUST MUTED AGAIN
CAN YOU HEAR ME? YES
CAN YOU HEAR ME? YES WE CAN BERNARDINE
THANK YOU
OH, THANK YOU
I'M NO GOOD AT THIS NEW TECHNOLOGY
AT THE TWO CAPITAL INVESTMENT PLANS SPECIAL STUDY SESSIONS IN THE PAST SEVERAL WEEKS THE PLAN WAS LAID OUT TO SPEND 3.3 BILLION DOLLARS ON CAPITAL IMPROVEMENTS OVER THE NEXT FIVE YEARS TO QUOTE ENSURE THE AIRPORT CONTINUES TO OPERATE SAFELY AND EFFICIENTLY MEETING REGULATORY ENVIRONMENTAL AND COMMUNITY RESPONSIBILITY
IT WAS ALSO STATED THAT PROMOTING HEALTH AND SAFETY OF EVERYONE AT THE AIRPORT WAS A TOP PRIORITY
AND TODAY THERE'S A PROPOSAL TO CONTINUE WITH THE PREVIOUSLY PROPOSED 3% INCREASE IN THE PORT DISTRICT TAX LEVY WHICH WILL BRING IN ABOUT 78 MILLION DOLLARS
IT SEEMS UNREASONABLE THAT THE PORT PLANS TO SPEND SO MUCH MONEY OVER THE NEXT FIVE YEARS ON CAPITAL INVESTMENTS BUT DOES NOT INCLUDE MONEY TO HELP PROTECT THE HEALTH OF LOCAL RESIDENTS .THIS MAKES IT SEEM LIKE YOU'RE LIVING IN A BUBBLE NOT AWARE OF THE HEALTH IMPACTS OF EMISSIONS AND NOISE
AND I KNOW THAT'S NOT TRUE
PLEASE TAKE STEPS TO PROTECT LOCAL RESIDENTS
YOU COULD FOR EXAMPLE USE ONE TENTH OF ONE PERCENT OF THE THIRTY THREE BILLION DOLLARS, WHICH WOULD BE 33 MILLION OVER THE NEXT YEAR TO PROVIDE AIR PURIFIERS TO LOCAL HOMES AND SCHOOLS THAT NEED THEM AND INCLUDE MONIES FOR REPLACEMENT FILTERS EVERY SIX MONTHS
THIS FALLS WELL WITHIN THE 78 MILLION YOU WILL RECEIVE FROM THE TAX LEVY IN THE NEXT YEAR
PLEASE ALSO MOVE FORWARD ON REPLACING AND UPDATING THE PORT PACKAGES THAT HAVE FAILED AND PROVIDE NEW PACKAGES WHEN REQUESTED
DON'T WAIT ANOTHER SEVERAL YEARS TO FIX THE PROBLEM THAT SHOULD HAVE BEEN FIXED YEARS AGO
IT'S IMPORTANT TO ME TO KEEP THE HEALTH OF LOCAL RESIDENTS FROM DETERIORATING DUE TO AIRCRAFT EMISSIONS AND NOISE AND MORE IMPORTANT THAN IMPROVING THE EXPERIENCE OF TRAVELERS GOING THROUGH THE AIRPORT
I HOPE THAT'S MORE IMPORTANT TO YOU, TOO
AND THAT'S IT
THANK YOU
THANK YOU BERNADINE, AND NEXT SPEAKER, PLEASE
YES
NEXT IS RANDY FEARTS
AFTERNOON COMMISSIONERS
MY NAME IS RANDY FEARTS
I'M THE DIRECTOR OF AIRPORT AFFAIRS FOR ALASKA AIRLINES
I WANT TO START MY COMMENTS BY THANKING THE PORT OF SEATTLE FOR ITS ONGOING WORK WITH ALASKA AIRLINES AND THE OTHER CARRIERS AT SEA-TAC TO ADDRESS CONCERNS REGARDING THE 2020 AIRLINE SETTLEMENT
DURING THIS TIME OF SHARED CRISIS WE APPRECIATE THE PORT'S EFFORTS TO REALIGN A SETTLEMENT AS WE ALL WORK TOGETHER TO MAINTAIN JOBS AND FUEL ECONOMIC RECOVERY FOR THE AIRPORT IN OUR REGION
I WOULD LIKE TO THANK AIRPORT MANAGING DIRECTOR LANCE LITTLE AND DIRECTOR OF AVIATION FINANCE AND BUDGET BORGEN ANDERSON AND THEIR TEAMS FOR WORKING WITH US TO TACKLE THIS DILEMMA
WE KNOW THERE'S STILL WORK TO BE DONE IN THIS ISSUE BUT WANT TO EXPRESS OUR THANKS FOR THE PARTNERSHIP TO DATE
CONSISTENT WITH OUR PRIOR PRACTICE, ALASKA AIRLINES IS ALSO PLEASED TO SUBMIT COMMENTS REGARDING THE 2021 BUDGET
AS WE LOOK AHEAD TO THE COVID-19 RECOVERY AND SPECIFICALLY TO THE 2021 BUDGET, WE'RE CONCERNED ABOUT THE RATE INCREASE IN THE AIRFIELD OR LANDING FEE
WHILE SOME PROGRESS HAS BEEN MADE ON THIS ISSUE, AIRLINES ARE STILL FACING A 14 PERCENT RATE INCREASE IN LANDING FEES NEXT YEAR
LANDING FEE IMPACTS ALL USERS THE AIRPORT EQUALLY ON A PRORATED BASIS INCLUDING DOMESTIC, INTERNATIONAL, AND CARGO CARRIERS
ALASKA AIRLINES BELIEVES THAT SUCH A SHARP GROWTH IN LANDING FEES AT THE SAME TIME WE'RE TRYING TO RECOVER AND BRING OUR SERVICE BACK TO PRE COVID LEVELS WILL BE A SIGNIFICANT DETERRENT AND WILL HARM THOSE RECOVERY EFFORTS
THE MORE REASONABLE THE LANDING FEES, THE GREATER THE POSSIBILITY THAT AIRLINES CAN PUT FULL SERVICE BACK AT THE AIRPORT MORE QUICKLY
WE BELIEVE THE PORT OF SEATTLE SHOULD ALLOCATE MORE PASSENGER FACILITY CHARGE REVENUE AND ANY REMAINING CARES ACT FUNDING THE LANDING FEE COST CENTER AS IT BENEFITS ALL CARRIERS AT THE AIRPORT
AGAIN, THE MORE CARRIERS THAT BENEFIT, THE GREATER LIKELIHOOD OF BRINGING BACK FLIGHTS FAST TO THE AIRPORT AND IN TURN BRING IN MORE PASSENGERS TO BENEFIT ALL THE AIRPORT'S CONCESSIONAIRES, THE AIRPORT, AND ALL THE AIRLINES
THEREFORE ALASKA AIRLINES KINDLY ASK THE PORT TO CONSIDER REDUCING NEXT YEAR'S LANDING FEES TO BENEFIT AND FUEL RECOVERY FOR EVERYONE
THANK YOU FOR LISTENING TO OUR CONCERNS
WE LOOK FORWARD TO OUR CONTINUED PARTNERSHIP IN 2021 AND BEYOND
THANK YOU RANDY
NEXT SPEAKER, PLEASE
YES
NEXT IS LAURA GIBBONS
LAURA? THIS IS LAURA GIBBON, SEATTLE RESIDENT AND A VOLUNTEER MEMBER OF THE AVIATION TEAM OF 360 SEATTLE, A GROUP THAT WORKS FOR CLIMATE JUSTICE AND YOU'VE HEARD FROM ME BEFORE
IN YOUR LAST MEETING, YOU PASSED A RESOLUTION THAT SAID TO EXAMINE PORT OPERATIONS AND POLICIES FOR SOURCES OF RACIAL BIAS AND DISCRIMINATION AND TO DEVELOP PROGRAMS AND POLICY ELIMINATING INEQUITY IN ALL ASPECTS OF THE ORGANIZATION
ONCE AGAIN, I'M IMPRESSED WITH THE PORT AS IT INCORPORATES SOCIAL JUSTICE AND ENVIRONMENTAL SUSTAINABILITY IN ITS INTERNAL OPERATIONS
AND ONCE AGAIN, I'M GOING TO ASK YOU TO THINK MORE BROADLY
I'D LIKE YOU TO READ THE MANY REFERENCES I'VE CITED IN THE WRITTEN VERSION OF THIS SO YOU CAN UNDERSTAND THE IMPACT OF YOUR PLANNING
CONTINUED GROWTH OF AVIATION PROMOTES DISPROPORTIONATELY HIGH HUMAN HEALTH EFFECTS ON PEOPLE OF COLOR AND THOSE WITH LOW INCOME
DUE TO THE HIGHER PROPORTION OF PEOPLE OF COLOR AND LOW INCOME RESIDENTS WHO LIVES NEAR AIRPORTS
AND I'VE GOT SEVEN REFERENCES ON THE HEALTH EFFECTS AND TWO ON WHO LIVE NEAR AIRPORTS
ON A BROADER SCALE CLIMATE CHANGE IS ALREADY HAVING A DISPROPORTIONATE EFFECT ON PEOPLE OF COLOR AND LOW-INCOME COMMUNITIES, AND I'VE GOT FOUR REFERENCES FOR THAT
SO IF YOU REALLY CARE ABOUT SOCIAL JUSTICE AND ENVIRONMENTAL SUSTAINABILITY, AND I THINK YOU DO YOU WILL CANCEL YOUR PLANS TO EXPAND FLIGHT CAPABILITY AT SEA-TAC
THAT'S ALL THANK YOU
OKAY
THANK YOU LAURA
LAUREN? NEXT IS JORDAN VAN VHOST
GOOD AFTERNOON COMMISSIONERS AND EXECUTIVE DIRECTOR METRUCK
MY NAME IS JORDAN VAN VHOST AND I'M A MEMBER OF SEATTLE CRUISE CONTROL WHICH CONTINUES TO OPPOSE ANY FURTHER EXPANSION OF THE CRUISE SHIP INDUSTRY IN SEATTLE
FIRST, I WANT TO RECOGNIZE THE PORT'S SYMBOLIC ACT OF GOODWILL BY RENAMING SEVERAL PARKS IN HONOR OF THE DUWAMISH TRIBE AND THEIR CULTURAL HISTORY
MAY IT LEAD TO MORE ACTS OF RECONCILIATION WITH THE DUWAMISH AND DEEPER COMMITMENTS TO ENVIRONMENTAL SUSTAINABILITY BRINGING THE PORT INTO ALIGNMENT WITH THE WISDOM OF THE NATIVE PEOPLE WHO UNDERSTAND HOW TO LIVE IN CONNECTION WITH MOTHER EARTH WITHOUT BEING CONSUMED BY THE GREED OF INDUSTRIAL EXPANSION
I ALSO EMPATHIZE WITH YOUR POSITION AS PUBLIC SERVANTS WHO MUST GRAPPLE WITH THE AFTERMATH OF COVID-19 DEVASTATING EFFECTS ON OUR REGIONAL ECONOMY DOING YOUR BEST TO PROVIDE EMPLOYMENT FOR PEOPLE WHO ARE STRUGGLING TO PAY FOR HOUSING AND PUT FOOD ON THE TABLE OR KEEP SMALL BUSINESSES OPEN
BUT THE WINDS OF CHANGE ARE RISING
THIS ECONOMY BUILT ON FOSSIL FUEL INTENSIVE TRAVEL CANNOT SURVIVE MUCH LONGER AND MEANWHILE CLIMATE CHANGE CONTINUES USHERING IN ITS TOLL OF SUFFERING AND DEATHS WITH NEW FIRES IN CALIFORNIA, HURRICANE ZETA TO STRIKE THE GULF COAST IN DAYS, AND REFUGEES WORLDWIDE FLEEING DROUGHT-STRICKEN AREAS IN THE HIGHEST NUMBERS SINCE WORLD WAR II
WHEN A CRUISE SHIP LEAVES SEATTLE FOR ALASKA IT IS DISINGENUOUS TO STOP COUNTING THE EMISSIONS AT THE CANADIAN BORDER
AS BILL MCKIBBEN HAS SAID, PHYSICS DON'T LIE
THE ATMOSPHERE OF THE EARTH IS COUNTING THOSE CO2 MOLECULES, EVEN IF WE PRETEND NOT TO SEE THEM
THANK YOU FOR LISTENING
THANK YOU
JORDAN
NEXT SPEAKER, PLEASE
YES
NEXT IS HEREG GITA
AND I REMEMBER YOU NEED TO PRESS STAR SIX TO UNMUTE YOUR DEVICE
ARE YOU WITH US? ALL RIGHT
I WILL GO TO THE NEXT SPEAKER AND THEN GO BACK TO HEREGG
BISOU, ARE YOU ON THE LINE? YES, I AM
PERFECT
YOU CAN GO AHEAD WHENEVER YOU'RE READY
I'M ON THE LINE
CAN YOU HEAR ME? YES, WE CAN
OKAY
THANK YOU VERY MUCH COMMISSIONERS
THIS IS MY THIRD TESTIMONY AND THANK YOU VERY MUCH FOR GIVING ME THE OPPORTUNITY TO TESTIFY AGAIN
I'M GLAD I'M JOINED BY MY COLLEAGUES WHO ARE FED UP WITH WHAT IS HAPPENING AT THE AIRPORT BY COMPANIES
AS I SAID BEFORE, I'M ONE OF THE WORKERS WHO WERE LAID OFF DURING THE FIRST ROUND OF COVID TRIGGERED PLAYOFFS
I'M GRATEFUL THAT THE US CONGRESS AND GOVERNMENT MADE MONEY AVAILABLE FOR EMPLOYEES OF THE AIRLINE INDUSTRY TO STAY ON PAYROLL EXCEPT THOSE CONTRACTING COMPANIES SUCH AS MY EMPLOYER, PROSPECT AIRPORT SERVICES
I WAS LAID OFF WITH NO PRIOR NOTICE AT ALL
I UNDERSTAND THE DIRE SITUATION, BUT I DON'T UNDERSTAND WHY AFTER RECEIVING 73 MILLION TAXPAYERS MONEY, THE COMPANY STILL DID NOT CALL ME AND MANY OF MY COLLEAGUES BACK TO WORK
I ALSO SUSPECT THAT THE COMPANY IS HOLDING ON TO THE MONEY AS ITS OWN PROFIT BECAUSE, AS PER THE INFORMATION I RECEIVED, NO ONE OF MY COLLEAGUES WERE PAID
THIS MONEY WAS SPECIFICALLY MEANT TO KEEP WORKERS LIKE ME ON PAYROLL
G2 FOR EXAMPLE MADE PAYMENT OF SMALL AMOUNT OF MONEY TO ITS EMPLOYEES WHO ARE STILL WORKING
AIRLINE WORKERS RECEIVED A GOOD AMOUNT I WAS TOLD
I CAME FROM ETHIOPIA IN AFRICA
THINGS LIKE THIS HAPPEN ONLY IN PLACES LIKE MY COUNTRY WHERE CORRUPTION IS RAMPANT AND ACCOUNTABILITY IS NOT EXISTING
LITERALLY
I CANNOT IN MY WILDEST THOUGHTS THINK THAT THINGS LIKE THIS HAPPEN IN THE UNITED STATES OF AMERICA
MY QUESTION TO YOU
YOUR EXCELLENCY, TODAY IS DID YOU RECEIVE ANY PALPABLE EXPLANATION FROM THE COMPANIES THAT RECEIVED THE CARES ACT MONEY? WHERE DID THEY KEEP THE MONEY
THEY KEPT IT IF THEY DID NOT PAY IT OUT TO THE WORKERS
HOW LONG WILL YOU KEEP QUIET WHEN THINGS HAPPEN IN YOUR OWN BACKYARD
THANK YOU VERY MUCH
COMMISSIONER STEINBREUCK, I MUTED YOU
THERE WAS SOME BACKGROUND NOISE
THANK YOU LAUREN
NEXT SPEAKER, PLEASE
YES
NEXT IS EVAN CURTIS
EVAN CURTIS, JUST A REMINDER IF YOU'RE ON THE PHONE, YOU'LL NEED A PRESS STAR SIX TO UNMUTE
EVAN CURTIS IS PRESENT
CAN YOU HEAR ME
YES, WE CAN THANK YOU
THERE WE GO
THANK YOU VERY MUCH COMMISSIONERS FOR GIVING ME A CHANCE TO SHARE WITH YOU
AND THANK YOU BIZU, THAT WAS ELOQUENT
I AM JOINED TODAY BY MANY OF MY CO-WORKERS WHO WORK FOR PROSPECT INTERNATIONAL AIRPORT SERVICES
AND AGAIN, WE'RE PRESENTING BEFORE YOU THE SITUATION WE FIND OURSELVES IN
WHERE INDEED 73 MILLION DOLLARS WORTH OF CARES ACT MONEY HAS NOT REACHED ANY OF THE EMPLOYEES FOR THAT COMPANY AND WE ALL TROUBLED AND CONFUSED MAYBE WITH LACK OF ACCOUNTABILITY BECAUSE MANY OF US FOUND OURSELVES IN A POSITION WHERE WE WERE LAID OFF WHEN OUR UNDERSTANDING OF THE MONEY THAT WAS FEDERALLY GRANTED TO OUR COMPANY WAS TO PREVENT US FROM BEING LAID OFF
RECENTLY I'VE COME BACK TO WORK AND WHILE THAT IS A RELIEF, THE AMOUNT OF HOURS I'M WORKING ARE VERY LOW AND THAT ONLY HAS IMPACTED WHATEVER STATE HELP I'VE HAD FROM UNEMPLOYMENT AS WELL
NOW I FIND MYSELF IN A POSITION WHERE I HAVE JUST ABOUT ENOUGH MONEY TO MAKE RENT AND LEFTOVER SOMEWHERE BETWEEN 100 OR 200 DOLLARS FOR A MONTH TO PAY FOR GASOLINE, TO PAY FOR GROCERIES, SO ON AND SO FORTH, AND I'M STILL STRUCK BY THE COVID SITUATION
I'M STILL CONFUSED AS TO WHAT'S HAPPENING
I'M STILL FRUSTRATED AND FEEL TRAPPED MAYBE
AND IN OUR INTEREST OF WANTING TO PARTNER WITH PORT OF SEATTLE AND SERVE YOU BEST, PLEASE PLEASE PLEASE WE'RE ASKING WOULD YOU PLEASE STEP IN AND SPEAK TO PROSPECT INTERNATIONAL AIRPORT SERVICES AND ENCOURAGE SOME FORM OF ACCOUNTABILITY ON THE FEDERAL MONEY THAT WAS GRANTED
THANK YOU VERY MUCH
THAT'S ALL I HAVE TO SHARE AND THANK YOU FOR TAKING THE TIME TO LISTEN TO US
THANK YOU
NEXT SPEAKER
YES
THE NEXT SPEAKER I HAVE IS MARILYN FINLEY
MARILYN, ARE YOU ON THE LINE? NOT ALL OF THESE INDIVIDUALS CHECKED IN, WERE ABLE TO CHECK IN THIS MORNING
SO YEAH
I WILL GO NEXT TO GLENDA
MARZAN
GLENDA ARE YOU ON THE PHONE? ALRIGHT NEXT IS SHIRLEY DOHERTY
OKAY, AND AZIS PONTE
ALL RIGHT, AND THEN I WILL GO BACK TO HEREGG GITA ONE MORE TIME BECAUSE I CAN SEE THEIR PHONE NUMBER STILL DISPLAYED
SO IF YOU ARE ON THE PHONE, PLEASE PRESS STAR SIX TO UNMUTE YOURSELF SO THAT YOU CAN BE HEARD
OKAY, I'M NOT SEEING ANY MOVEMENT ON THAT
WE HAVE ONE MORE SPEAKER WHO'S JOINED US VIA DESKTOP
SO I WILL CALL THEM AND THEN I WILL GO ONE MORE TIME BACK TO THE OTHER INDIVIDUALS
THANK YOU LAUREN
YEP, ROSARIO MEDINA
HELLO, CAN YOU HEAR ME? YES, WE CAN
OKAY, PERFECT
HELLO
MY NAME IS ROSARIO MEDINA I WAS PART OF THE NAMING REVIEW COMMITTEE
THE PUBLIC NOMINATED THOUSANDS OF NAMES AND TOOK PART IN THE VOTING PROCESS TO GET US HERE TODAY
I SPOKE TO CONCORD ELEMENTARY SCHOOL TEACHERS FROM SOUTH PARK WHO INFORMED ME THE STUDENTS HAVE BEEN VERY EAGER TO HEAR THE RESULTS ALONG WITH MANY DUWAMISH VALLEY GROUPS AND THOSE ACROSS THE CITY, ALL WHO ENJOY THESE PARKS
THE PARK DEAREST TO ME IS T107 WHERE I CO-COORDINATED RESTORATION EVENTS IN THE PAST, ENJOYED THE EQUAL TOUR BY THE DRAMA SCHLONG HOUSE AND CULTURAL CENTER STAFF, AND ENJOYED SEATTLE'S ONLY RIVER ALONG THE SHORE ON HISTORICALLY AND CULTURALLY IMPORTANT DUWAMISH TRIBAL TERRITORY
I'M EXCITED TO HAVE THE NAMES ANNOUNCED AND FEEL THAT THE COMMITTEE VOTED ALONG WITH THE PEOPLE AND ECHOED THEIR VOICE
I WAS HONORED TO TAKE PART IN THIS COMMITTEE TO REPRESENT THE MANY GROUPS I AM INVOLVED IN
THANK YOU FOR ALLOWING THE PUBLIC TO VOTE FOR NAMES THAT TRULY REPRESENT THEM
I HOPE WE CAN RENAME MORE PARKS AGAIN
TAKE CARE
THANK YOU
IT'S WONDERFUL TO HEAR
LAUREN, YOU WANT TO RUN THROUGH THE LIST THOSE NOT SPOKEN? YES, I WILL GO THROUGH ONE MORE TIME
I HAVE SOME HEREGG GITA? OKAY, MARILYN FINLEY? GLENDA MARZAN? SHIRLEY DAUGHERTY? AND THEN AS AZIS FONTE
ONE MORE TIME
ANY OF THOSE INDIVIDUALS IF YOU ARE STILL ON THE LINE, PLEASE PRESS STAR SIX TO UNMUTE SO WE CAN HEAR YOUR TESTIMONY
ALL RIGHT
IT LOOKS LIKE THAT IS ALL WE'RE GOING TO DO FOR THE DAY
WELL, VERY GOOD
THANK YOU TO ALL OF OUR COMMENTERS TODAY
WE REALLY APPRECIATE HEARING FROM YOU AND WE WILL TRY TO BE AS RESPONSIVE AS WE POSSIBLY CAN TO ISSUES THAT HAVE BEEN RAISED AND HEARD TODAY
THANK YOU
AND I WOULD NOW LIKE TO ASK THE CLERK TO SUMMARIZE WRITTEN COMMENTS RECEIVED
THANK YOU
MR COMMISSION PRESIDENT, MEMBERS OF THE COMMISSION
WE RECEIVED FIVE WRITTEN COMMENTS TODAY BEFORE THE DEADLINE
IT'S MY UNDERSTANDING THAT WE HAVE AT LEAST ONE OTHER THAT HAS COME THROUGH THAT I'LL DISTRIBUTE TO YOU VIA YOUR EMAIL AS SOON AS THIS MEETING CONCLUDES TODAY
THE OTHER FIVE COMMENTS WERE SENT OUT VIA EMAIL EARLIER
TWO OF OUR FIVE SPEAKERS THAT SPOKE TODAY SUBMITTED WRITTEN COMMENTS
AND THEN IN ADDITION WE RECEIVED A WRITTEN COMMENT FROM SARAH SHIVLEY, VOLUNTEER MEMBER OF THE AVIATION TEAM OF 360 SEATTLE AND SHE REFERENCES THE PORT'S 2021 LEGISLATIVE AGENDA AND SPEAKS AGAINST CONTINUED DEPLOYMENT OF AVIATION BIOFUELS AND IN SUPPORT OF REDUCING AVIATION EMISSIONS
WE HAVE DAVID KEITH WHO SPEAKS TO THE PORT'S 2021 LEGISLATIVE AGENDA REGARDING THE PORT SUPPORT FOR A GAS TAX INCREASE
HE ECHOES THE SUPPORT AND URGES THE PORT TO SUPPORT AN INCREASE ON THE TAX FOR AVIATION AND JET FUEL
WE WE ALSO HAVE A WRITTEN COMMENTS SUBMITTED BY MR TYRELL HEADLAND WHO COMMENTS ON AGENDA ITEM 9A AND CO2 EMISSIONS FROM AVIATION ENCOURAGING THAT THE PORT SUSTAINABLE AIRPORT MASTER PLAN ADDRESSES INCREASED AVIATION ACTIVITY AS THE LARGEST DRIVER OF EMISSIONS
AND THAT CONCLUDES OUR WRITTEN COMMENTS THAT WE'VE RECEIVED TODAY
VERY GOOD
THANK YOU VERY MUCH
AGAIN
THANKS TO ALL OF OUR PUBLIC COMMENTERS
WE APPRECIATE YOUR EFFORTS TO GET THROUGH THIS TECHNOLOGICAL CHALLENGE WE'RE IN THESE DAYS
AT ANY RATE
LET'S MOVE ON NOW TO THE NEXT ITEM, WHICH IS NUMBER ITEM NUMBER 6, WHICH IS OUR UNANIMOUS CONSENT CALENDAR
AT THIS TIME, WE WILL CONSIDER A MOTION TO APPROVE THE CONSENT CALENDAR COVERING ITEM 6A 6B C D E AND F AND I KNOW OF NO MOTIONS TO AMEND BUT I HEARD A COMMENT EARLIER THAT MIGHT SUGGEST THERE ARE SOME POSSIBLE AMENDMENT HERE FROM ONE OF OUR COMMISSIONERS
HI COMMISSIONER STEINBREUCK, STEPHANIE BOWMAN HERE
I WAS GOING TO PULL ITEM 6C ABOUT THE LITIGATION SETTLEMENT, BUT YOU ADDRESSED IT VERY ELOQUENTLY AS DID MR METRUCK
AND SO I JUST WANTED TO MAKE SURE THAT THE PUBLIC HAD TRANSPARENCY TO IT
THANK YOU FOR ADRESSING IT
I'LL MAKE A MOTION TO APPROVE THE CONSENT CALENDAR AS PRESENTED
THANKS COMMISSIONER
I'LL SECOND
IT'S BEEN MOVED AND SECONDED
CLERK
PLEASE CALL THE ROLL ON THE MOTION TO APPROVE THE CONSENT AGENDA
THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
APPROVED
THANK YOU
COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER CHO
AYE
THANK YOU
COMMISSIONER FELLEMAN
AYE
THANK YOU
COMMISSIONER STEINBREUCK
AYE
THANK YOU
YOU HAVE UNANIMOUS APPROVAL OF THE CONSENT AGENDA
VERY GOOD
THANK YOU ALL AND WE ARE NOW ON TO ITEM 7, WHICH IS THE SPECIAL ORDERS SEGMENT OF OUR MEETING
CLERK HART, PLEASE READ THE NEXT ITEM INTO THE RECORD
THANK YOU
THAT IS ITEM 7A, AUTHORIZATION FOR THE EXECUTIVE DIRECTOR TO ADOPT THE NEW NAMES FOR SIX PORT-OWNED PUBLIC ACCESS AND HABITAT SITES ALONG THE DUWAMISH RIVER AS DETERMINED THROUGH THE COMMUNITY ENGAGEMENT PROJECT INCREDIBLE PARKS WANT INCREDIBLE NAMES
OKAY, EXECUTIVE DIRECTOR? COMMISSIONERS, EARLIER THIS YEAR WE ANNOUNCED AN EXCITING PARTNERSHIP WITH SEATTLE PARKS FOUNDATION TO HELP OUR STAFF DESIGN THE COMMUNITY ENGAGEMENT PROJECT TO RENAME 6 PORT OWNED PUBLIC ACCESS SITES ALONG THE DUWAMISH RIVER
THE RESULTING INCREDIBLE PARKS WANT INCREDIBLE NAMES CAMPAIGN RESPONDED TO A LONG-STANDING COMMUNITY DESIRE FOR THE PORT TO FOSTER GREATER CONNECTION AND STEWARDSHIP OF THE DUWAMISH RIVER IN PARTNERSHIP WITH ITS SURROUNDING COMMUNITIES
THE PUBLIC RESPONSE WAS OVERWHELMINGLY POSITIVE
ALL OF OUR WORK HAS BROUGHT US TO TODAY WHERE THE PORT AND SEATTLE PARKS FOUNDATION ARE THRILLED TO ANNOUNCE THE NEW COMMUNITY SOURCE NAMES FOR EACH OF THE DUWAMISH RIVER PARKS
AT THIS POINT I'M GOING TO TURN IT OVER TO CHRISTINA BILLINGSLEY, SENIOR PROGRAM MANAGER FOR ENVIRONMENTAL MANAGEMENT TO HELP US WITH THE ANNOUNCEMENT TODAY AND WE HAVE A NUMBER OF SPEAKERS
SO CHRISTINA WILL HELP US WITH THAT
BUT FIRST I WANT TO HEAR THE DRUM ROLL
[LAUGHTER] IT'S AN EXCITING MOMENT
CHRISTINA
IT'S A VERY EXCITING MOMENT
THANK YOU SO MUCH FOR THE FOR THE WARM INTRODUCTION EXECUTIVE DIRECTOR METRUCK
AND TO OUR COMMISSIONERS, THANKS FOR YOUR TIME TODAY
IT'S A PLEASURE TO BE HERE
MY NAME IS CHRISTINA BILLINGSLEY
I'M SENIOR PROGRAM MANAGER FOR ENVIRONMENTAL ENGAGEMENT AND THE EXTERNAL RELATIONS DEPARTMENT AT THE PORT
I'M HERE TODAY TO SHARE WITH YOU THE OUTCOMES OF A TRULY UNIQUE COMMUNITY ENGAGEMENT PROJECT THAT WAS A LABOR OF LOVE FOR MANY STAKEHOLDERS
TODAY YOU'LL BE HEARING FROM JUST A FEW OF THE THOUSANDS OF PEOPLE WHO ENGAGED WITH THIS PROJECT AND TO BEGIN WITH AND GET US STARTED I WANTED TO TURN IT OVER TO STEPHANIE JONES STEBBINS, DIRECTOR OF OUR MARITIME DIVISION AT THE PORT TO GET US STARTED
THANK YOU CHRISTINA
THESE PARKS HAVE BEEN A SMALL BUT IMPORTANT PART OF THE MARITIME PORTFOLIO FOR MANY YEARS AND I ESPECIALLY WANT TO RECOGNIZE THE MARINE MAINTENANCE TEAM AND MARITIME ENVIRONMENTAL TEAM THAT HAVE BEEN OUT THERE TAKING GREAT CARE OF THESE PARKS AND DOING WONDERFUL WORK THERE FOR MANY YEARS UNFETTERED, REALLY, BY THOSE OF US AT PIER 69
SO THIS HAS BEEN I THINK A REALLY WONDERFUL OPPORTUNITY TO GIVE THESE PARKS SOME NAMES THAT REALLY REPRESENT HOW WONDERFUL THEY ARE
I THINK MUCH BETTER THAN THE TERMINAL NAMES THAT THEY HAVE RIGHT NOW
THIS IS ONE IMPORTANT STEP IN OUR ONGOING EFFORT TO REALLY CENTER THE COMMUNITY AS WE LOOK AT THE OVERALL MANAGEMENT OF THESE PARKS, SO I'M JUST REALLY DELIGHTED WITH THIS PROCESS
I'M GOING TO TURN IT BACK TO CHRISTINA AND THANKS SO MUCH
OH DON'T RUN INTO THE DOCK THERE STEPHANIE
THAT'S ABOUT JUST AHEAD OF YOU
I'M IN MY TUGBOAT READY TO ASSIST YOU, COMMISSIONER
[LAUGHTER] ALRIGHT
THANK YOU SO MUCH STEPHANIE
THE INCREDIBLE PARKS WANT INCREDIBLE NAME IS PROJECT WAS INSPIRED BY OUR COMMUNITY
OVER THE YEARS WE'VE HEARD LONG-STANDING QUESTIONS ABOUT HOW AND WHY OUR PARKS HAVE BEEN NAMED AFTER OLD TERMINALS OR STREET ENDS WHEN COMMITTEE MEMBERS HAVE HAD SUCH RICHER EXPERIENCES, MEMORIES AND CONNECTIONS TO THESE SITES THAN WHAT THESE NAMES HAVE CONVEYED
SOME INTIMATELY KNOW THE PLANTS AND WILDLIFE ON EACH OF THESE SITES
THEY SPEND COUNTLESS HOURS VOLUNTEERING DURING THE HABITAT RESTORATION EFFORTS IN ORDER TO HELP FIGHT CLIMATE CHANGE
OTHERS TEACH THE NEXT GENERATION WHAT AND HOW TO FISH FOR THEIR FAMILY'S DINNER
THAT'S USING OUR PARK SHORELINES AS THE CLASSROOM
MANY OTHERS VISIT THESE SITES AND THESE HIDDEN GEMS AS A PLACE OF REFUGE AND PEACE IN THE MIDDLE OF A DIFFICULT WORK WEEK
TODAY OUR COMMUNITY PARTNERS WILL EXPLAIN OUR PROCESS FOR RENAMING THESE SIX PARKS TO NEW BEAUTIFUL COMMUNITY SOURCE NAMES
THEY WILL ALSO ANNOUNCE THESE NEW NAMES FOR THE FIRST TIME IN PUBLIC AND ENCOURAGE COMMISSIONERS TO CONSIDER ADOPTION OF MOTION 2020-20
PLEASE HOLD ALL QUESTIONS FOR OUR PANELISTS UNTIL AFTER ALL SIX NAMES HAVE BEEN REVEALED AND FOR THOSE THAT WOULD LIKE MORE SPECIFIC INFORMATION ABOUT THE PROJECT, THE PROCESS, AND OUR COMMUNITY PARTNERS INVOLVED, PLEASE VISIT WWW.NAMEINCREDIBLEPARKS.ORG AND WITHOUT FURTHER ADO I'D LIKE TO INTRODUCE GEORGE LEE AND MICHELLE BENATTIA FROM THE SEATTLE PARKS FOUNDATION TO KICK US OFF
GEORGE YOU'RE MUTED
YOU'LL NEED TO UNMUTE YOURSELF
OKAY
THERE WE GO
PERFECT
GO AHEAD
YOU CAN ADVANCE TO THE NEXT SLIDE
YEAH
OKAY
IT'S A PLEASURE TO BE HERE
MY NAME IS GEORGE LEE
I'M WITH THE SEATTLE PARKS FOUNDATION
AND NOW HERE'S MICHELLE
AND I'M MICHELLE BENATUA
I'M THE SENIOR MANAGER FOR COMMUNITY PARTNERSHIPS AND PLANNING AT THE SEATTLE PARKS FOUNDATION
GO AHEAD AND NEXT SLIDE
LAUREN I'M NOT SEEING THAT SLIDE PROJECTING
I'M NOT SURE WHAT OTHER PEOPLE ARE SEEING
THERE WE GO
GREAT
THANK YOU
YEAH, AND THANK YOU TO THE PORT OF SEATTLE COMMISSIONERS FOR THIS OPPORTUNITY FOR SEATTLE PARKS FOUNDATION, WHICH FISCALLY SPONSORS OVER 80 COMMUNITY GROUPS THROUGHOUT SEATTLE TO CO-DESIGN THIS EQUITABLE PUBLIC ENGAGEMENT AND DECISION MAKING PROCESS
WE WORKED TO MAKE SURE IT WOULD HIGHLIGHT THE CULTURAL AND ENVIRONMENTAL IMPORTANCE OF THE RIVER AND AMPLIFY COMMUNITY EXPERIENCES AND STORIES ABOUT THESE PLACES
FROM WORKING IN THE DUWAMISH VALLEY IN DIFFERENT CAPACITIES FOR THE PAST 10 YEARS, I KNOW COMMUNITY MEMBERS REALLY VALUE THE RIVER AND THE PUBLIC ACCESS LOCATION ALONG ITS BANKS AND THAT RENAMING HAS BEEN AN IMPORTANT PRIORITY
SO WE SEE THIS NAMING PROCESS AS JUST THE START OF MANY NEW PARTNERSHIPS
NEXT SLIDE
SO A CRUCIAL PART OF THIS PROJECT WAS THE TEAM OF REVIEW COMMITTEE MEMBERS WHO ADVISED AND LENT THEIR EXPERTISE AN IN-DEPTH KNOWLEDGE TO SHAPE THIS PUBLIC PROCESS
EACH MEMBER HAS MULTIPLE CONNECTIONS TO THESE PLACES, MULTIPLE RELATIONSHIPS WITH THE COMMUNITIES NEARBY, AND EXPERTISE ABOUT THE CULTURAL AND ECOLOGICAL SIGNIFICANCE OF EACH SITE
IT WAS SUCH A JOY AND I LEARNED SO MUCH BY WORKING WITH MAGDALENA ANGEL- CANO, ROSARIO MARIA MEDINA, WARREN KING GEORGE, DENNIS WEWARCH, SHARON LEISHMAN, BJ CUMMINGS, GEORGE BLOMBERG, ALL GRANT, AND THE MANY OTHERS WHO WORKED BEHIND THE SCENES CONTRIBUTING THEIR STORIES AND ADVICE ABOUT THIS PROJECT
EVERYONE'S CONTRIBUTION AND TENACITY AND ABILITY TO WORK TOGETHER WHILE REMOTE AND OVER THE SCREEN HAS REALLY BEEN A BRIGHT SPOT DURING THESE PAST SEVEN MONTHS
NEXT SLIDE, PLEASE
OKAY, THANK YOU MICHELLE
YEAH, THANK YOU
IT'S BEEN AN HONOR TO WORK ON THIS PROJECT
THERE'S A LOT OF INFO ON THIS SLIDE, BUT LET'S JUST FOCUS HERE ON THE IMAGE ON THE RIGHT, THE PROJECT PROCESS
SO EARLY IN THE YEAR, MARCH THROUGH JULY, WE DID PLANNING AND DESIGN OF THE PROCESS AND THEN OVER THE SUMMER WE COLLECTED PUBLIC NAME NOMINATIONS THROUGH THE WEBSITE
AND THEN WE MOVED INTO THIS FALL WITH THE NAME SCORING AND SELECTION
AT EACH ONE OF THOSE PHASES WE HAD PUBLIC INPUT AND THEN WE HAVE THE STAKEHOLDER REVIEW COMMITTEE BE INVOLVED
SO IF WE COULD GO TO THE NEXT SLIDE
SO THIS SLIDE SHOWS US SOME STATISTICS AND IMAGES FROM OUR ENGAGEMENT AND OUTLINES WHAT MADE US SUCCESSFUL, BUT I'D LIKE TO FOCUS ON THREE KEY ACTIONS THAT WERE MOST IMPORTANT
SO WE DID EARLY CONSULTATION AND COORDINATION WITH AN EMPHASIS ON RESEARCHING CENSUS TRACT DATA SURROUNDING EACH SITE TO LEARN ABOUT POTENTIAL PARK USERS WE NEEDED TO REACH
WE CONSULTED TRIBAL COMMUNITIES AND THEIR RELATIONSHIPS TO EACH PARK SITE AND THE RIVER, AND WE CONDUCTED COMMUNITY-BASED ORGANIZATION OUTREACH AND DIALOGUE WITH OTHER AGENCIES TO LEARN ON THE GROUND USERS SUCH AS SUBSISTENCE FISHERS THAT MIGHT NOT LIVE IN THE AREA BUT USE THE PARKS AND HOW TO REACH THEM
SECONDLY, WE REALLY FOCUS ON ACCESSIBLE COMMUNICATIONS
SO THERE WERE A LOT OF FACTORS GOING ON DURING COVID-19 AND WE SOUGHT TO TO WORK WITH THEM AS BEST WE COULD WITH DIGITAL LITERACY, AGE-APPROPRIATE OUTREACH, MULTILINGUAL SURVEYS, AND OTHER MATERIALS
AND LASTLY WE HAD A DIRECT INFLUENCE FROM THE PUBLIC WITH HUGE NUMBERS OF PARTICIPATION
WITH OVER TWELVE THOUSAND UNIQUE VISITORS TO THE WEBSITE, 3500 PUBLIC NOMINATIONS RECEIVED, AND ALMOST 1,600 PUBLIC RANKING SURVEYS COMPLETED
NEXT SLIDE
SO THIS SLIDE IS JUST A SIMPLE REMINDER OF THE CRITERIA WE'VE USED THROUGHOUT THE PROCESS TO GUIDE IT
IT WAS DEVELOPED USING INPUT FROM KEY PARK STAKEHOLDERS INCLUDING LOCAL COMMUNITY ORGANIZATIONS, THE REVIEW COMMITTEE, AND PORT LEADERSHIP
SO NOW I WOULD LIKE TO INTRODUCE TWO OF THE INCREDIBLE STAKEHOLDER REVIEW COMMITTEE MEMBERS
NEXT SLIDE
WARREN KINGGEORGE AND SHARON LEISHMAN
GO AHEAD WARREN
GOOD AFTERNOON COMMISSIONERS
THANK YOU FOR YOUR TIME
MY NAME IS WARREN KING GEORGE
I'M AN ENROLLED MEMBER OF THE MUCKLESHOOT INDIAN TRIBE
I ALSO HAVE FAMILY TIES TO THE NORTHERN END OF PUGET SOUND FROM THE UPPER SKAGIT TRIBE ON MY LATE MOTHER'S SIDE
I WANT TO SAY THAT THIS WAS A UNIQUE COLLABORATION OF DIVERSE CULTURAL BACKGROUNDS AND PERSPECTIVES AND I CONSIDER IT A GREAT HONOR TO BE ABLE TO BE A PART OF THIS NEW SYSTEM THAT WE NOW HAVE CREATED TO WORK WITH ONE ANOTHER DURING THESE REALLY TRYING TIMES AND I CERTAINLY APPRECIATE ALL THE CREATIVITY THAT CHRISTINA AND LEE HAVE PROVIDED US TO MAKE THIS PROJECT WORK
SO JUST I'M THANKFUL AND GRATEFUL FOR THIS OPPORTUNITY
GREAT
THANK YOU WARREN
NEXT SLIDE
SHARON, CAN YOU UNMUTE YOURSELF? CERTAINLY
THANK YOU
HELLO, I'M SHARON LISHMAN, MANAGER FOR THE DUWAMISH ALIVE COALITION, A COLLABORATIVE GROUP OF LOCAL ORGANIZATIONS WORKING TO IMPROVE THE ENVIRONMENTAL HEALTH OF THE DUWAMISH WATERSHED WHICH HAVE BEEN HONORED TO HELP STEWARD MANY OF THESE IMPORTANT SITES OVER THE YEARS
YOU KNOW, GIVING THEM MEANINGFUL NAMES WHICH REFLECT THEIR SIGNIFICANCE HONORS OUR PAST BUT ALSO OUR FUTURE AND WE ARE VERY VERY GRATEFUL FOR THIS OPPORTUNITY AND WARREN I'LL TURN IT BACK TO YOU
THANK YOU, SHARON
TODAY AFTER MANY MONTHS OF WORKING TOGETHER WITH OUR COMMUNITIES, THE PORT, AND THE SEATTLE PARKS FOUNDATION WE HAVE THE GREAT HONOR OF ANNOUNCING THE NEW NAMES FOR THE SIX BEAUTIFUL PARKS ALONG THE DUWAMISH RIVER
THERE ARE FOUR PARKS WITH CHOSEN LUSHOOTSEED NAMES AND TWO CHOSEN ENGLISH NAMES
I WILL BEGIN WITH THE LUSHOOTSEED NAMES SO THAT ALL OF US CAN LEARN HOW THE NEW NAMES SOUND
MY COLLEAGUE SHARON WILL REPEAT IT TO SHOW ALL OF US THAT ARE NOT FAMILIAR WITH THE LUSHOOTSEED THAT THESE NAMES [INAUDIBLE] FOR ALL OF US TO ENJOY AND CONNECT WITH
LET'S BEGIN WITH THE FIRST PARK
TERMINAL 105 PARK
NEXT SLIDE
THIS PARK FROM THIS DAY FORWARD WILL BE KNOWN AS TOOLALT VILLAGE PARK AND SHORELINE HABITAT
TOOLALT VILLAGE PARK AND SHORELIKE HABITAT
NEXT SLIDE
TERMINAL 107
FROM THIS DAY FORWARD TERMINAL 107 PARK
NEXT SLIDE
FROM THIS DAY FORWARD THIS PARL WILL NOW BE KNOWN AS HAAPOOS VILLAGE PARK AND SHORELINE HABITAT
HAAPOOS VILLAGE PARK AND SHORELINE HABITAT
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TERMINAL 108 PARK
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FROM THIS DAY FORWARD THIS PARK WILL BE KNOWN AS SBAGWAH PARK AND SHORELINE HABITAT
SBAGWAH PARK SHORELINE HABITAT
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8TH AVENUE SOUTH STREET END PARK
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FROM THIS DAY FORWARD THIS PART SHALL BE KNOWN AS TATHTATHOOTSEED PARK AND SHORELINE HABITAT
TATHTATHOOTSEED PARK AND SHORELINE HABITAT
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NOW FOR THE LAST TWO PARKS, HAVE CHOSEN ENGLISH NAMES, I WILL INTRODUCE THE NAMES IN ENGLISH AND WARREN WILL OFFER THE LUSHOOTSEED TRANSLATION
SIGNAGE AT THE PARKS WILL ALSO INCLUDE THE LUSHOOTSEED TRANSLATION OF THIS ENGLISH NAME
SO WITHOUT FURTHER ADO, TERMINAL 117 WILL NOW BE KNOWN AS
NEXT SLIDE
DUWAMISH RIVER PEOPLE'S PARK AND SHORELINE HABITAT
[LUSHOOTSEED TRANSLATION] NEXT SLIDE
AND FINALLY, I'D LIKE TO INTRODUCE YOU TO THE NEW NAME FOR TURNING BASIN NUMBER 3
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SALMON COVE PARK AND SHORELINE HABITAT
[LUSHOOTSEED TRANSLATION] THANK YOU SO MUCH, WARREN AND SHARON, FOR REVEALING THESE NEW PARK NAMES TO THE COMMISSION AND TO THE PUBLIC TODAY
NOW A ROUND OF APPLAUSE
[APPLAUSE] AS YOU CAN SEE AND VISIT, THIS IS A NEW MAP OF THE PORT OF SEATTLE'S PARKS AND SHORELINE HABITAT AREAS ALONG THE DUWAMISH RIVER
THANK YOU VERY MUCH TO SHARON AND TO WARREN FOR SHARING THESE NEW NAMES AND MODELING HOW WE CAN PRONOUNCE THEM USING THE INDIGENOUS LANGUAGE OF THIS AREA, LUSHOOTSEED
THE SELECTION OF THESE NEW NAMES FOR THESE PUBLIC PARKS OFFERS A GREAT WAY FOR ALL OF US TO LEARN MORE ABOUT THE COAST SALISH COMMUNITIES PAST AND PRESENT AND THEIR CONNECTION TO THE DUWAMISH RIVER
EACH OF THESE NEW NAMES BRINGS US BACK TO THE REFLECT ON THE CULTURAL, HISTORICAL, AND ENVIRONMENTAL IMPORTANCE OF THESE SITES
THANK YOU FOR SERVING ON THE REVIEW COMMITTEE AND FOR YOUR HARD WORK THROUGHOUT THIS PROCESS
AND THIS IS SHARON, WE WANT TO GIVE A VERY SPECIAL THANK YOU TO THE PORT OF COMMISSIONERS
WE GREATLY APPRECIATE THE THOUGHTFUL AND INCLUSIVENESS OF THE COMMITTEE, THE PORT OF SEATTLE, AND SEATTLE PARK FOUNDATION'S EFFORTS FOR THIS PROJECT
HAVING SUCH A HIGH LEVEL OF INTEREST AND ENGAGEMENT FROM SO MANY OF OUR COMMUNITIES MADE THIS A VERY SPECIAL EXPERIENCE OF SHARING KNOWLEDGE, PERSPECTIVES, AND INSIGHTS FOR A DEEPER UNDERSTANDING OF THESE SPECIAL PLACES AND OUR CONNECTION TO THEM
THANK YOU SO MUCH FOR THIS OPPORTUNITY
SURE, AND THANK YOU VERY MUCH FOR THOSE WARM WORDS, AND WE'RE SO GRATEFUL FOR THE WORK OF STAFF PARTICULARLY, CHRISTINA BILLINGSLEY AND ALL OF OUR ENVIRONMENTAL PROGRAM STAFF AND TO ALL OF THE INCREDIBLY ENGAGED PARTICIPANTS INVOLVED IN THIS
IT'S TRULY A REMARKABLE RESULT HERE AND PROCESS
SO WITH THAT WE HAVE A VERY TWO VERY SPECIAL GUESTS IN ADDITION TO THOSE WHO ALREADY PRESENTED AND I WOULD LIKE TO NOW INVITE JOLENE HAAS, A BOARD MEMBER OF THE DUWAMISH TRIBAL COUNCIL AND THE DUWAMISH LONGHOUSE DIRECTOR AND CECILE HANSEN CO- CHAIRWOMAN OF THE DUWAMISH TRIBAL COUNCIL
I MIGHT ALSO ADD, GREAT GREAT GRAND NIECE OF CHIEF SEATTLE ACCORDING TO HER MOTHER
AND SO WITH THAT THEY WOULD LIKE TO SAY A FEW WORDS ABOUT THIS EFFORT AND ALSO WE WILL INVITE ANY OTHER NATIVE PARTICIPANTS WHO MAY BE ONLINE TO SAY A FEW WORDS
SO I'LL TURN IT NOW TO JOLENE
IS JOLENE ON THE LINE? OKAY
LET ME CHECK
I AM NOT SEEING THEM
AND CECILE? I KNOW WE HAD CECILE EARLIER
YES, CECILE IS THERE
LET'S TURN NOW TO THE CHAIRWOMAN OF THE DUWAMISH TRIBAL COUNCIL, CECILE HANSEN
IT LOOKS AS THOUGH CECILE IS UNMUTED
CECILE ARE YOU ABLE TO SPEAK? BE HEARD
LET'S THEN TURN TO COMMISSIONERS AND IF WE CAN REGAIN CECILE AND JOLENE'S CONNECTIONS, WE CAN RETURN TO THEM
SOUNDS GOOD COMMISSIONER
WE'LL BEGIN WITH COMMISSIONER BOWMAN FOR ANY COMMENTS THAT SHE MAY HAVE
HI, I JUST WANTED TO QUICKLY THANK THE STAFF AND EVERYBODY IN THE COMMUNITY THAT PARTICIPATED
I REALLY THINK THAT THE PROCESS THAT YOU ALL CREATED FOR REACHING OUT AND GETTING INPUT ON THESE PROPERTIES WAS ABSOLUTELY JUST CRITICAL
OVER THE YEARS I'VE ALWAYS KIND OF WONDERED WHY THEY JUST HAD THESE GENERIC TERMINAL NAMES THAT NOBODY ELSE IN THE COMMUNITY REALLY HAD AN IDEA OF WHAT THEY WERE AND IT CERTAINLY DIDN'T SPEAK TO THE HISTORICAL AND CULTURAL SIGNIFICANCE OF THE LAND AND SO
THE NAMES ARE INCREDIBLE
CHRISTINA, I CAN'T THANK YOU ENOUGH
I KNOW THAT WE ALL SHARE THAT SENTIMENT
YOU'VE JUST BEEN AN INCREDIBLE LEADER FOR THE PORT IN REACHING INTO THE COMMUNITY AND HAVING THEM BECOME MORE ENGAGED WITH THE PORT
I HOPE THAT THIS IS A NEW WAY THAT WE CAN GET COMMUNITY INPUT ON NOT JUST PARKS BUT ALL OF THE THINGS THAT WE WORK ON
BUT JUST REALLY INCREDIBLE
AND LAST THING I'D ADD TO THAT
I WAS RAISED IN HAWAII
AND THE CULTURAL SIGNIFICANCE OF THE INDIGENOUS PEOPLE IS CORE TO HOW THE COMMUNITY NEEDS TO RELATE TO ONE ANOTHER
AND I REALLY APPRECIATE THAT WE START ALL OF OUR MEETINGS RECOGNIZING THE IMPORTANCE OF THE DUWAMISH AND IT FEELS AS THOUGH THIS IS ANOTHER STEP TOWARDS RECOGNIZING THEIR SIGNIFICANCE TO OUR COMMUNITY AND HONORING IT EVERY DAY
SO I JUST WANT TO SAY THANK YOU TO EVERYBODY INVOLVED
COMMISSIONER BOWMAN, THANK YOU
COMMISSIONER CALKINS
THANK YOU
I ALSO WANT TO OFFER MY THANKS FOR EVERYONE WHO PARTICIPATED IN THIS PROCESS
I THINK OF THIS AS ONE OF A NUMBER OF STEPS TOWARDS RECTIFYING SOME OF THE HISTORICAL INEQUITIES THAT OCCURRED ALONG THE DUWAMISH RIVER BUT ALSO AS AN OPPORTUNITY TO TAKE FUTURE STEPS TOWARDS REACTIVATING A LOT OF THESE GREEN SPACES AND PUBLIC SPACES AND I WAS THRILLED TO HAVE THE CHANCE TO MEET WITH JOLENE AND A FEW OTHER MEMBERS OF THE DUWAMISH RECENTLY TO HEAR ABOUT SOME OF THEIR ASPIRATIONS FOR THESE AREAS AND IT'S EXCITING TO THINK ABOUT WHERE WE COULD GO FROM HERE CREATING OPPORTUNITIES TO DRAW THE COMMUNITY TOGETHER AND NOT JUST TRIBAL COMMUNITY MEMBERS, BUT COMMUNITY MEMBERS FROM UP AND DOWN THE RIVER REPRESENTING LOTS OF DIFFERENT ETHNICITIES
AND SO I'M EXCITED FOR THIS FIRST STEP AND I LOOK FORWARD TO HOW THE PORT CAN SUPPORT CONTINUING ENGAGEMENT WITH COMMUNITIES ALONG THE RIVER
SO, THANK YOU ALL SO MUCH
THANK YOU COMMISSIONER CALKINS
MOVING TO COMMISSIONER CHO
YEAH, I THINK I JUST WANT TO ECHO THE SENTIMENTS OF MY COLLEAGUES AND EVERYTHING THAT THEY'VE SAID
I THINK I WANT TO COMMEND CHRISTINA AND THE TEAM IN SUCH A TREMENDOUS PROCESS
I REALLY APPRECIATE HOW WE'RE INCLUSIVE TRIBES AND OTHER MEMBERS OF OUR COMMUNITY
COMMISSIONER CHO, HANG ON ONE MOMENT
WE'RE GETTING FEEDBACK AND I'M GOING TO TRY AND IDENTIFY WHERE THAT'S COMING FROM
HE HAS A PHONE NUMBER
HANG ON
I'M GOING TO MUTE THEM
THERE WE GO
ALL RIGHT, WE'RE GOOD
ALL RIGHT, I LOST MY TRAIN OF THOUGHT
I JUST YOU KNOW, I JUST THINK THAT WE DID AN EXCELLENT JOB AND I AGREE WITH STEPHANIE THAT THIS IS A MODEL GOING FORWARD FOR HOW WE SHOULD BE RECEIVING INPUT ON FUTURE PROJECTS BEYOND JUST NAMING PARKS
AND SO I LOOK FORWARD TO SEEING HOW WE APPLY THIS METHOD AND THE SYSTEM TO OTHER AREAS OF THE PORT
I ALSO HAD THE OPPORTUNITY TO GO VISIT THE DUWAMISH LONGHOUSE AND CULTURE CENTER, AND IT WAS VERY ENLIGHTENING FOR ME
I REALLY APPRECIATE THE HOSPITALITY AND AND ALL THE EDUCATION THAT I GOT ON THE HISTORY OF OUR TRIBAL COMMUNITIES, AND SO I VERY MUCH LOOK FORWARD TO CONTINUING TO WORK WITH THOSE COMMUNITIES IN MANY OTHER ASPECTS
SO, THANK YOU AGAIN
THANK YOU
COMMISSIONER CHO
COMMISSIONER FELLEMAN FOR YOUR COMMENTS
THANK YOU
DON'T NEED TO PILE ON ANY FURTHER BUT IT JUST IS SUCH A CLEAR INDICATION WHEN THE PORT REACHES OUT TO THE COMMUNITY AND THOUGHTFUL AND OPEN-MINDED WAY
HOW GREAT THE COMMUNITY COMES BACK AND WORKS WITH US
IT'S OBVIOUSLY GOT TO BE A TWO-WAY STREET TO CONTINUE HAVING A PRODUCTIVE WORKING RELATIONSHIP WITH OUR NEIGHBORS AND WHAT THE PORT STAFF DID WITH THIS SITUATION, THIS PARTICULAR EXAMPLE, IS SO EXTRAORDINARY AND I THINK REALLY PUTS US ON A REALLY POSITIVE PATH FOR MANY FUTURE ENGAGEMENTS
AND I JUST CAN'T TELL YOU HOW MUCH I'M APPRECIATIVE OF BOTH OF THE PORT STAFF AND OF THE COMMUNITY'S WILLINGNESS TO PARTICIPATE
IT HAD EVERY OPPORTUNITY AND EVERY CHANCE OF BEING A TRAIN WRECK
NAMES ARE VERY IMPORTANT TO PEOPLE AND CERTAINLY TO TRIBAL COUNTRY AND THE FACT THAT WE'VE COME UP WITH SUCH A COMMUNITY AGREEMENT IS A SPECTACULAR EXAMPLE OF WHAT TRUE PORT COMMUNITY ENGAGEMENT NEEDS TO BE SO
THANK YOU AGAIN
THANK YOU, COMMISSIONER FELLEMAN
COMMISSIONER STEINBREUCK, WOULD WE LIKE TO TRY TO GO BACK TO CECILIA? LET'S SEE IF WE HAVE CECILE AND JOLENE THE DUWAMISH TRIBAL COUNCIL ONLINE
LAUREN? YEAH, I SEE THAT THEY ARE UNMUTED
ARE YOU THERE? I WOULD LIKE TOO INVITE JOLENE HAAS AND CECILE HANSEN TO SPEAK IF YOU'RE HEARING US
OKAY, I KNOW THEY'RE THERE
THEY'RE WAVING
SO THEY NEED TO UNMUTE
THEY ARE CURRENTLY DISPLAYED AS BEING UNMUTED
CAN YOU HEAR ME? YES
[APPLAUSE] OKAY
THANK YOU
I'M SORRY
CECILE STEPPED OUT
WE ARE A LITTLE SAD THAT YOU DIDN'T HEAR HER SPEAK THE FIRST TIME AND SHE HAD TO RUN TO AN APPOINTMENT
SO I WILL READ THE STATEMENT THAT SHE WANTED TO READ TO YOU
AND IT SAYS: WE WOULD LIKE TO SAY TO THE PEOPLE WATCHING AND LISTENING AND TO THOSE WHO PARTICIPATED IN THE VOTING AND SCORING PROCESS, THANK YOU
YOU ALL PLAYED A PART IN MAKING TODAY A REALITY FOR THE DUWAMISH
ACTIVATING THESE PLACE NAMES WILL CREATE A NEW ERA OF UNDERSTANDING THE INDIGENOUS COMMUNITIES, OUR HISTORY, AND OUR CONNECTION TO THE LAND AND WE PRAY THAT IT WILL CREATE AN OPPORTUNITY TO HEAL OUR RELATIONSHIP WITH ONE ANOTHER AS INDIAN PEOPLE AND TO THE CITIZENS OF THE CITY OF SEATTLE
SO THANK YOU SO MUCH AND I APPRECIATE ALL THE GOOD WORK THAT WAS PUT IN BY THE PARKS FOUNDATION
PORT OF SEATTLE, CHRISTINA AND EVERYBODY
SO, THANK YOU
OKAY, JOLENE AND CECILE
THANK YOU SO MUCH FOR YOUR CONTINUING CONTRIBUTIONS TO CULTURE AND LIFE OF OUR CITY AND FOR YOUR PARTICIPATION TODAY
THIS PROCESS HAS BEEN NOTHING SHORT OF TRULY REMARKABLE IN TERMS OF THE PUBLIC ENGAGEMENT AND COMMUNITY OUTREACH
THIS IS REALLY A COMMUNITY LEAD PROCESS I THINK THAT HAS RESULTED IN RENAMING
SEATTLE, THE CITY, IS I THINK THE ONLY CITY IN THE UNITED STATES NAMED AFTER A NATIVE AMERICAN CHIEF
WE DON'T RECOGNIZE NEARLY ENOUGH THOSE WHO CAME BEFORE AND WHO STEWARDED THESE AMAZING LANDS
AND SO THIS IS A VERY GOOD START AT RESTORING OUR CULTURAL CONNECTIONS TO THE PAST AND AS OTHERS HAVE SAID SO ELOQUENTLY TO SHARE WITH FUTURE GENERATIONS THE DEEPER MEANING AND SIGNIFICANCE OF SEATTLE'S ONLY RIVER OF WHICH THESE PARKS, THESE SIX PARKS, ARE TREASURES
EACH AND EVERY ONE OF THEM EMBEDDED IN THE COMMUNITIES OF TODAY AND THE FUTURE AND HOPEFULLY THIS WILL LEAD US AS CHAIRWOMAN HANSEN HAS SAID IN HER STATEMENT TO GREATER UNDERSTANDING, RESPECT, APPRECIATION AND HEALING THAT WE KNOW IS NECESSARY
SO WITH THAT, I WILL JUST AGAIN ADD MY THANKS ON BEHALF OF THE PORT OF SEATTLE AND THE SEATTLE PORT COMMISSION, AND MY COLLEAGUES
THANK YOU SO MUCH FOR THIS INCREDIBLE WORK
IT'S TRULY INSPIRING
WITH THAT, I WILL MAKE THE MOTION
I WILL MOVE THE MOTION TO APPROVE ITEM 7A
AND IS THERE A SECOND? SECOND
OKAY, COMMISSIONER CHO HAS SECONDED
THE MOTION HAS BEEN MADE AND SECONDED
CLERK, PLEASE CALL THE ROLL
THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
AYE
THANK YOU
COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER CHO
AYE
THANK YOU
COMMISSIONER FELLEMAN
AYE
THANK YOU
COMMISSIONER STEINBREUCK
YES
THANK YOU
THAT MOTION PASSES WITHOUT OBJECTION
THE MOTION PASSES
THANK YOU ALL AGAIN
HAVE A GREAT DAY
ON TO THE NEXT, CLERK PLEASE READ THE NEXT ITEM INTO THE RECORD
ABSOLUTELY
THAT IS ITEM 7B, BRIEFING ON THE TAX LEVY DRAFT PLAN OF FINANCE FOR 2021 THROUGH 2025
PRESENTING? COMMISSIONER, I'LL GO AHEAD AND INTRODUCE ELIZABETH MORRISON
COMMISSIONERS EACH YEAR WE PROVIDE AN UPDATED DRAFT PLAN OF FINANCE THAT DESCRIBES THE CAPACITY TO FUND PROJECTS BASED ON THE PROJECTED AVAILABLE RESOURCES
THIS PLAN ALSO PROVIDES INFORMATION ON THE USES OF THE TAX LEVY, ON THE FUNDING SOURCES AVAILABLE TO SUPPORT CAPITAL INVESTMENT, AND AND RECOMMENDS A 2021 TAX LEVY AMOUNT
AS YOU HAVE LEARNED THROUGH OUR MANY BUDGET BRIEFINGS AND STUDY SESSIONS THIS YEAR, THE COVID-19 PANDEMIC HAS CAUSED MUCH UNCERTAINTY IN OUR BUDGETING PROCESS AND HAS FORCED US TO REPRIORITIZE, DEFER OR ACCELERATE MANY ITEMS IN OUR CAPITAL INVESTMENT PLAN
TAKING INTO ACCOUNT OUR PRINCIPLES AND PRIORITIES, THE PROPOSED 3% TAX LEVY INCREASE PRESENTED IN THIS BRIEFING REFLECTS OUR CURRENT THINKING ON A PLAN OF FINANCE FOR THESE CAPITAL INVESTMENTS TAKING ALL THE CONSIDERATIONS INTO ACCOUNT
PRESENTING THIS AFTERNOON IS ELIZABETH MORRISON, DIRECTOR OF CORPORATE FINANCE
ELIZABETH? GOOD AFTERNOON
I APOLOGIZE, I DON'T THINK THIS ITEM WILL BE AS INSPIRING AS THE LAST ONE
THAT WAS A WONDERFUL WONDERFUL ITEM TO TO OBSERVE
I THINK THERE'S A PRESENTATION
THANK YOU SO MUCH
I'LL BEGIN BY THANKING SCOTT BERTRAM AND HIS STAFF FOR ALL THE GOOD WORK THEY PROVIDED TO THIS PRESENTATION
THERE IS AN ENORMOUS AMOUNT OF DETAILS THAT GO INTO THE TAX LEVY AND THE PLAN OF FINANCE AND WERE SUPPORTED BY ALL THE OTHER FINANCE TEAMS AS WELL AS OUR PARTNERS AT THE NORTHWEST SEAPORT ALLIANCE
I'LL BE COVERING THREE TOPICS TODAY
I'LL BEGIN WITH A POLICY RECOMMENDATION AND THEN WE'LL HAVE A PLAN OF FINANCE DISCUSSION FOR BOTH THE AIRPORT AND NON-AIRPORT AND THEN FOLLOW UP WITH THE TAX LEVY
SO IF YOU COULD ADVANCE TWO SLIDES, PLEASE
AND THE NEXT SLIDE, PLEASE
THANK YOU
THE POLICY RECOMMENDATION IS REALLY THE CULMINATION OF SOME PRIOR DISCUSSIONS WE'VE BEEN HAVING OVER THE LAST FEW MONTHS IN THE WAKE OF THE PANDEMIC BEGINNING IN JUNE WHEN WE HAD A RETREAT AND LAID OUT THREE DIFFERENT SCENARIOS FOR POSSIBLE OUTCOMES IN 2020 AND 2021 AND NOTED THE PRESSURE ON THE PORT'S OPERATING FUNDS AS A RESULT OF THE NEGATIVE CASH FLOW
AND IN JULY WE MADE A RECOMMENDATION TO INCREASE THE MINIMUM BALANCE OF THE GENERAL FUND AND TWO WEEKS AGO IN THE AIRPORT PRESENTATION THEY MADE A SIMILAR RECOMMENDATION FOR THE AIRPORT DEVELOPMENT FUND
NEXT SLIDE PLEASE
FINANCIAL POLICIES ARE IMPORTANT FOR TWO REASONS: FIRST AND FOREMOST IS PRUDENT FINANCIAL MANAGEMENT
IT REALLY ALLOWS US TO BE FINANCIALLY SUSTAINABLE AND ACHIEVE THE PORT'S OBJECTIVES
THE TERM WE SOMETIMES USE IS WE HAVE TO DO WELL TO DO GOOD
IT ALSO PROMOTES THE STEWARDSHIP OF PUBLIC RESOURCES AND PROVIDES FLEXIBILITY TO WITHSTAND ADVERSE CIRCUMSTANCES
SO IT'S REALLY A RISK MANAGEMENT TOOL
THE SECONDARY PURPOSE IS THE PORT'S ACCESS TO CAPITAL
BY HAVING GOOD POLICIES AND ADHERING TO THEM, WE HAVE GOOD CREDIT RATINGS, AND WE ARE ABLE TO RAISE MONEY IN THE CAPITAL MARKETS
NEXT SLIDE, PLEASE
WE WOULD LIKE TO TALK ABOUT THE MINIMUM OPERATING FUND BALANCE TARGETS
THAT WILL BE THE RECOMMENDATION TODAY, TO CHANGE THOSE TARGETS
THE PORT HAS TWO PRIMARY OPERATING FUNDS THAT RECEIVE AND DISPERSE CASH
THE FIRST AND PRIMARY OPERATING FUND IS THE GENERAL FUND
IT CAN BE USED FOR ANY PORT PURPOSES AND MANY TRANSACTIONS FLOW IN AND OUT OF THIS FUND
IT'S USED FOR THE NON AIRPORT BUSINESSES AS WELL AS FOR THE PORT OVERALL
THE AIRPORT DEVELOPMENT FUND IS SIMILARLY BROAD OPERATING FUND BUT IT'S RESTRICTED FOR AIRPORT USE ONLY
SO WHILE THE GENERAL FUND CAN SUPPORT THE AIRPORT, THE ADF CANNOT SUPPORT THE NON AIRPORT BUSINESSES
WE ESTABLISH A MINIMUM TARGET FOR THE BALANCE AS A CUSHION AGAINST ADVERSE CIRCUMSTANCES LIKE WE'RE EXPERIENCING NOW WITH NEGATIVE CASH FLOWS
THIS POLICY WORKS CLOSELY WITH THE POLICIES RELATED TO CASH FLOW MARGINS AND THE PRIMARY METRIC WE USE FOR CASH FLOW MARGIN IS DEBT SERVICE COVERAGE
IT'S THAT EXCESS CASH FLOW AFTER WE'VE PAID OUR DEBT SERVICE AND IT'S USUALLY REPRESENTED AS A RATIO OF DEBT SERVICE COVERAGE
SO WHERE YOU HAVE A STRONG CASH FLOW, YOU MIGHT NOT NEED AS MUCH OF A CASH ON HAND CUSHION
WHERE YOUR CASH FLOW IS NARROWER, THEN YOU WOULD WANT TO HAVE A STRONG CASH CUSHION
NEXT SLIDE, PLEASE
THE EXISTING POLICY WAS DEVELOPED IN 2005 TO BE A CUSHION AGAINST UNANTICIPATED FINANCIAL STRESSES
AND WE ESTABLISH THIS POLICY ON A PORT WIDE BASIS
SO PORT WIDE WE HAD WANT NINE MONTHS OF OPERATING AND MAINTENANCE EXPENSE IN THE COMBINATION OF THOSE TWO PRIMARY FUNDS
FIFTEEN YEARS AGO THE FUNDS WERE A LITTLE BIT MORE SIMILAR IN SIZE, OUR OPERATIONS WERE A LITTLE BIT DIFFERENT, OUR BALANCE SHEET WAS A LITTLE BIT DIFFERENT BUT WE DECIDED TO ACHIEVE THAT NINE MONTHS BY KEEPING SIX MONTHS IN THE GENERAL FUND AND 10 MONTHS IN THE AIRPORT DEVELOPMENT FUND
AND THE REASON FOR THAT DIFFERENCE IS BECAUSE OF THE DIFFERENT CASH FLOW MARGINS OR DEBT SERVICE COVERAGE
THE AIRPORT OPERATES ON A NARROWER CASH FLOW MARGIN AND SO HAS ALWAYS DATED A HIGHER FUND BALANCE
NEXT SLIDE, PLEASE
ONE DRIVER FOR RECOMMENDING A CHANGE NOW IS THE LESSONS WE'RE LEARNING FROM THE PANDEMIC
WE HAD A CUSHION THAT WAS WAS REASONABLE FOR NORMAL STRESSES, BUT WE ARE EXPERIENCING A VERY SIGNIFICANT STRESS RIGHT NOW AND WE COULD SEE EARLY ON THAT THERE WERE TWO THINGS THAT WERE HELPING US
FOR THE GENERAL FUND IT WAS STARTING THE YEAR ABOVE THAT MINIMUM BALANCE AND FOR THE ADF, IT WAS THE SUPPORT WE'VE GOTTEN FROM THE CARES ACT
SO WE DID A WHAT-IF ANALYSIS ON BOTH OF THOSE FUNDS
SO THE GRAPH ON THE LEFT SHOWS THE GENERAL FUND
THE LINE, THE SLASH LINE IS THE SIX-MONTH O&M TARGET AND THE LIGHT BLUE BAR IS THE ACTUAL FUND BALANCE AT THE BEGINNING OF 2020
SO A LITTLE OVER A HUNDRED AND FIFTY MILLION DOLLARS
AND BECAUSE WE HAVE NEGATIVE CASH FLOW, WE WILL SEE THAT BALANCE DROP BY THE END OF THIS YEAR AND AGAIN BY THE END OF NEXT YEAR
SO WE DID A WHAT-IF ANALYSIS
IF WE HAD STARTED THE YEAR JUST AT THAT SIX-MONTH MINIMUM, WHERE WOULD WE BE? AND WE ACTUALLY WOULD NOT HAVE BEEN ABLE TO GET THROUGH NEXT YEAR WITH THAT MINIMUM BALANCE WHICH TELLS US THAT WE PROBABLY NEED TO HAVE SOMETHING A LITTLE MORE ROBUST TO SUPPORT THE GENERAL FUND
AND I'LL NOTE THAT THESE BALANCES INCLUDE THE ADDITION OF 25 MILLION FROM AN ENVIRONMENTAL SETTLEMENT, WHICH IS A ONE-TIME INFUSION THAT WE WOULDN'T ORDINARILY BE ABLE TO COUNT ON
SO SIMILAR STORY WITH THE AIRPORT DEVELOPMENT FUND
WE STARTED RIGHT AT THE MINIMUM AND WE DID THE WHAT IF
IF WE HAD NOT HAD THE CARES GRANT WHICH HAS ADDED AND WILL CONTINUE TO ADD IN 2021 FUNDS BACK TO THE ADF, IF WE DIDN'T HAVE THAT THEN WE WOULD SEE A DROP TO A VERY LOW BALANCE IN 2020 WITH A LITTLE BIT OF A OF A REBUILD IN 2021 AS WE EXPECT TRAFFIC TO TO PICK UP
SO AT 2020 THAT BALANCE WOULD HAVE BEEN JUST ABOUT THREE MONTHS OF O&M WITH NO ACCOUNTING FOR THE DEBT SERVICE, WHICH IS ALSO PAID FROM THE FUNDS
NEXT SLIDE PLEASE
SO DEBT SERVICE IS AN IMPORTANT COMPONENT WHEN WE LOOK AT CASH BALANCES BECAUSE IN ADDITION TO O&M WE MAKE OUR DEBT SERVICE PAYMENTS FROM THOSE FUNDS
USUALLY WE HAVE ENOUGH CASH FLOW THAT THAT WILL COVER THE DEBT SERVICE AS WELL AS THE O&M BUT IN THESE CIRCUMSTANCES WERE ACTUALLY SEEING NEGATIVE CASH FLOW AFTER WE HAVE ACCOUNTED FOR THE PAYMENT OF DEBT SERVICE
AND YOU CAN SEE HOW DEBT SERVICE HAS CHANGED OVER TIME
SO IN THIS GRAPH THE DARK GREEN BARS REPRESENT THE AMOUNT OF O&M IN 2004 WHEN WE FIRST LOOKED AT ADOPTING THIS POLICY OF THE NINE MONTHS O&M FOR THE TOTAL PORT
AND THEN IN 2019 WHERE WE WERE WITH OUR O&M
AND YOU SEE THE O&M HAS GROWN BUT OF COURSE THE TARGET WOULD ALSO GROW TO ACCOUNT FOR THAT NINE MONTHS AND THE TARGET IN 2004 AND 2019 ARE THE LIGHT GREEN BARS
BUT IF WE ADD ON TOP OF THE O&M THE DEBT SERVICE, WHICH IS THE BLUE PORTION, YOU CAN SEE THAT DEBT SERVICE HAS GROWN EVEN MORE THAN O&M
AND AS A PERCENTAGE OF THE TARGET, TAKES MUCH MORE OF IT SO THAT IN 2004 THE COMBINATION OF DEBT SERVICE AND O&M COULD BE IT WAS THE TARGET WOULD PROVIDE MORE THAN SIX MONTHS FOR THAT COMBINATION
NOW THAT NINE MONTHS TARGET PROVIDES LESS THAN SIX MONTHS
AND SO THAT'S ANOTHER CONSIDERATION IN LOOKING AT AN APPROPRIATE MINIMUM BALANCE TARGET
NEXT SLIDE PLEASE
ONCE WE IDENTIFY THAT WE WANTED TO INCREASE THE MINIMUM TARGET BALANCES WE LOOKED AT WHAT WOULD BE APPROPRIATE LEVELS AND HOW TO MEASURE THEM
WE EMBARKED ON THE SAME DEVELOPMENT PROCESS THAT WE TYPICALLY UNDERTAKE WITH A POLICY RECOMMENDATION, WE REVIEWED BEST PRACTICES, WE DID RESEARCH, WE TALK TO PEER AIRPORTS AND SEAPORTS, AND LOOKED AT INVESTOR REPORTS, AND WE ANALYZED PORT DATA, WHICH I JUST SHARED WITH YOU
THERE ARE A COUPLE OF METRICS THAT CAN BE USED FOR O&M
THE MOST COMMON IS DAYS CASH OR MONTHS CASH AS BASED ON O&M
AND THAT'S COMMON IN BUSINESSES, IT'S COMMON IN GOVERNMENT
IT'S EASY TO UNDERSTAND AND PERHAPS BEST OF ALL IT'S VERY TRANSPARENT BECAUSE IT'S EASY TO SEE WHAT THE PORT'S O&M IS AND FOR THE PUBLIC AND FOR INVESTORS TO THEN UNDERSTAND WHAT THE TARGET BALANCES WOULD BE
WE ALSO HAVE WHAT'S CALLED LIQUIDITY COVERAGE OR CASH COVERAGE
THAT IS CASH RELATED TO DEBT SERVICE
AND THAT'S COMMONLY USED BY RATING AGENCIES
SO WE LOOKED AT THAT BUT WE DON'T RECOMMEND THAT AS THE PRIMARY METRIC FOR CALCULATING BECAUSE OF THE BENEFITS OF-- YOU'RE BREAKING UP
I DON'T KNOW WHAT THE PROBLEM IS
CAN YOU HEAR ME NOW? YES
I THINK IT'S ON YOUR END PETER
OKAY
GOOD
CONTINUE, PLEASE
ALL RIGHT
I'LL MOVE TO THE NEXT SLIDE
SO THE RECOMMENDATIONS BY STAFF ARE THAT THE MINIMUM TARGET FOR THE GENERAL FUND BE INCREASED TO 12 MONTHS OF O&M AND THE AIRPORT DEVELOPMENT FUND BE INCREASED TO EIGHT MONTHS OF O&M BECAUSE OF THE CURRENT LOW BALANCE IN THE ADF THAT WILL TAKE A FEW YEARS TO BUILD UP TO THAT LEVEL, BUT WE WOULD LIKE TO BEGIN NOW AND TARGET THAT FOR 2025
ALL RIGHT, I'LL MOVE ON NOW TO THE DRAFT PLAN OF FINANCE AND-- CAN WE HAVE SOME QUESTIONS BEFORE YOU MOVE ON? SURE
LET'S PAUSE HERE AND TAKE COMMISSIONER QUESTIONS WITH ROLL CALL ORDER
THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
GREAT ELIZABETH
THANK YOU FOR THIS PRESENTATION
AND I APOLOGIZE
I DIDN'T MEAN TO INTERRUPT
I JUST WANTED TO GIVE A CHANCE TO COMMENT ON SOME OF THIS
FIRST OF ALL, CAN YOU JUST WHAT IS HELP ME UNDERSTAND ON THIS LAST SLIDE RECOMMENDED CHANGES UNDER THE GENERAL FUND INCREASED MINIMUM BALANCE TO 12-MONTH EFFECTIVE IMMEDIATELY SINCE SURPLUS CASH IS AVAILABLE
CAN YOU EXPLAIN THAT? JUST ONE SLIDE BACK
YEAH
YEAH
THERE YOU GO
GREAT
THANK YOU
SO BECAUSE WE BEGAN 2020 WELL ABOVE THE MINIMUM TARGET WE HAVE THAT CASH AVAILABLE NOW WE HAVE THE 12 MONTHS O&M AND SO WE CAN ACHIEVE THAT TARGET BY MANAGING THE USE OF THOSE FUNDS
AND WE ARE PROJECTING THAT BY 2022 WE WILL HAVE POSITIVE CASH FLOW
SO IT'S REALLY A MATTER OF MANAGING THROUGH THE REST OF THIS YEAR, THE REST OF NEXT YEAR WITH THE BUDGET CUTS THAT WE DID FOR 2020 AND WE'RE ALSO DOING IN 2021
WE SHOULD BE ABLE TO END 2021 WITH THAT 12 MONTHS O&M
RIGHT, AND SO YOU DON'T HAVE TO DO IT NOW, BUT AND THEN ON SLIDE NUMBER EIGHT IF YOU COULD PROVIDE AT AND HOPEFULLY SOON A LITTLE BIT MORE HISTORICAL CONTEXT
WE SORT OF JUMPED FROM 2004 OBLIGATIONS 15 YEARS IN ADVANCE TO 2019
AND I THINK IT WOULD BE HELPFUL FOR THE PUBLIC AND FOR TRANSPARENCY TO UNDERSTAND HOW WE MOVED FROM A LARGER PORTION OF O&M AND A SMALLER PORTION OF DEBT SERVICE TO NOW AS YOU SAID, YOU KNOW ROUGHLY EQUAL GIVE OR TAKE
IT'S NOT QUITE EQUAL
AND SO ON THAT, ON SLIDE NUMBER EIGHT, COULD YOU ILLUMINATE WHAT COMPRISES WHAT PROJECTS WE TOOK UP DEBT SERVICE FOR? YES, AND PERHAPS IT WOULD HELP TO PROVIDE A LITTLE BIT MORE CONTEXT
IN 2005 THE POLICY CHANGE WAS REALLY DRIVEN BY THE CHANGE AT THE AIRPORT FROM GOING FROM A RESIDUAL AGREEMENT WITH THE AIRLINES TO THE KIND OF AGREEMENT THEY HAVE NOW AND REDUCING THE DEBT SERVICE COVERAGE THAT THE AIRPORT SOUGHT FROM 1.35 TIMES TO ONE POINT TWO FIVE TIMES WHICH THEN ALLOWS THEM TO USE MORE DEBT TO FINANCE THE CAPITAL PROJECTS
AND SO IN 2005, WE ANTICIPATED THAT WE WOULD NEED A HIGHER FUND BALANCE
I THINK THAT IN 2004 THE TARGET BALANCE WAS 40 MILLION IN THE AIRPORT DEVELOPMENT FUND AND WE WOULD NEED A HIGHER FUND BALANCE BECAUSE WE WOULD BE BRINGING ON MORE DEBT
AND THAT IS IN FACT WHAT'S HAPPENED
OKAY, CAN WE CONTINUE WITH THE ROLL CALL? YES
MOVING TO COMMISSIONER CALKINS
I HAVE NO QUESTIONS AT THIS TIME
THANK YOU
COMMISSIONER CHO
NO QUESTIONS AT THIS TIME
THANK YOU
THANK YOU
COMMISSIONER FELLEMAN, ANY QUESTIONS FROM YOU? I THINK PROBABLY WE CAN BRING THEM UP AS WE GO FURTHER INTO THE PROGRAM
THANK YOU COMMISSIONER STEINBREUCK
I'M GOOD FOR NOW
THANKS, PLEASE CONTINUE
ALRIGHT, LET'S MOVE TO SLIDE 12, PLEASE
THANK YOU
WE PROVIDE THE DRAFT PLAN OF FINANCE EACH YEAR TO INFORM THE BUDGET PROCESS AND THE PORT'S LONG-TERM CAPITAL INVESTMENT DECISIONS
WE DEVELOP IT BASED ON DETAILED FORECASTS OF OUR OPERATIONS AS WELL AS THE FORECAST FOR CAPITAL SPENDING
AND WE DEVELOP THE PLAN WITHIN THE FINANCIAL TARGETS SPECIFICALLY THE FUND BALANCES AND THE DEBT SERVICE COVERAGE
AND THESE REALLY ARE THE GUARD RAILS THAT ALLOW US TO DEVELOP A SUSTAINABLE PLAN
NEXT SLIDE PLEASE
THE MECHANICS OF DEVELOPING THIS PLAN, IT'S THE SAME AS WE'VE DONE IN OTHER YEARS, BUT BUT OF COURSE THERE'S AN UNDERCURRENT THAT IS VERY DIFFERENT THIS YEAR
AND I KNOW I'M TIRED OF TALKING ABOUT HOW UNCERTAIN EVERYTHING IS AND I'M SURE EVERYONE'S TIRED OF HEARING HOW UNCERTAIN IT IS BUT IT CONTINUES TO BE THE REALITY WITH WHICH WE HAVE TO OPERATE
SO BACK IN JUNE WE PROVIDED THREE SCENARIOS
WE BELIEVE THAT ANY OF THEM IS EQUALLY LIKELY TO BE THE OUTCOME FOR THIS YEAR, NEXT YEAR
AND FOR THE PURPOSES OF THE BUDGET AND THEREFORE FOR THE FIVE-YEAR FORECAST, WE CHOSE THE MIDDLE SCENARIO WHICH ANTICIPATES AND ADVERSE OUTCOME, BUT NOT THE WORST OUTCOME
AND THIS SCENARIO ALLOWS US SOME FLEXIBILITY TO MAKE COURSE CORRECTIONS TO THE UPSIDE OR THE DOWNSIDE
SO WHILE WE MAY SEE NUMBERS THAT ARE ROUNDED TO THE NEAREST THOUSAND, IT LOOKS LIKE THERE'S A GREAT DEAL OF PRECISION
THERE'S ALSO JUST A LOT OF UNCERTAINTY
AND AS YOU'VE HEARD BEFORE, WE'RE IN AN ENVIRONMENT WHERE THE RISK OF OPTIMISM IS GREATER THAN THE RISK OF PESSIMISM
SO WE ARE WORKING WITH A SCENARIO THAT WE THINK IS REASONABLE UNDER THESE CIRCUMSTANCES
AND THE TARGETS THAT WE ARE DEVELOPING THE PLAN IN, SAME AS LAST YEAR WITH THE EXCEPTION OF THE MINIMUM FUND BALANCE
SO WE ARE USING THESE NEW RECOMMENDED TARGETS FOR DEVELOPING THE PLAN TO ADD SOME ADDITIONAL RESILIENCY TO THE PLAN
NEXT SLIDE PLEASE
THE PLAN OF FINANCE IS REALLY TWO SEPARATE PLANS BECAUSE OF THE VERY DIFFERENT OPERATIONS FOR THE AIRPORT AND THE NON AIRPORT BUSINESSES
THE AIRPORT IS SELF-SUSTAINING AND RELIES PRIMARILY ON ITS OWN OPERATING CASH AND THE ABILITY TO LEVERAGE THAT INTO REVENUE BONDS
AND IT HAS COMMUNITY FUNDING SOURCES IN THE FORM OF AIRPORT GRANTS AND PASSENGER FACILITY CHARGES AND CUSTOMER FACILITY CHARGES
AND THE FUNDS CAN ONLY BE USED FOR AIRPORT PURPOSES
THE NON AIRPORT BUSINESSES, THERE ARE REALLY THREE, THE MARITIME, ECONOMIC DEVELOPMENT, AND THE PORT'S PARTICIPATION IN THE NORTHWEST SEAPORT ALLIANCE
AND HERE WE HAVE A COMBINATION OF BOTH THE OPERATING CASH FLOWS FROM REVENUES, AFTER THE PAYMENT OF DEBT SERVICE OF COURSE, AND THE TAX LEVY AFTER THE PAYMENT OF GENERAL OBLIGATION BONDS
NEXT SLIDE PLEASE
SO WE'LL BEGIN WITH THE AIRPORT
NEXT SLIDE, PLEASE
TWO WEEKS AGO AIRPORT STAFF PROVIDED THE DETAILS OF THEIR PROPOSED CAPITAL PLAN SO I WON'T GO INTO THOSE DETAILS HERE
I WILL NOTE THAT FOR THE PURPOSES OF DEVELOPING A FUNDING PLAN, WE'VE ADDED 30 MILLION OF ALLOCATED CENTRAL SERVICES TO THE AIRPORT CIP
SO THE TOTAL FUNDING NEED IS THREE POINT THREE THREE
EIGHT POINT SIX BILLION
NEXT SLIDE PLEASE
THAT PLAN IS FUNDED BY A COMBINATION OF RESOURCES
NOTABLY THOUGH THE PRIMARY RESOURCE FOR THE NEXT FIVE YEARS WILL BE REVENUE BONDS AND YOU CAN SEE THAT THERE IS A PORTION OF EXISTING REVENUE BOND PROCEEDS FROM ISSUANCE IN 2019
AND WE ARE EXPECTING TO ISSUE 2.8 BILLION OF NEW BONDS OVER THE NEXT FIVE YEARS
AND THAT WILL BE IN INCREMENTS AS THE FUNDING IS NEEDED
THERE IS SOME OPERATING CASH BUT LESS THAN WE WOULD TYPICALLY SEE AT THE AIRPORT BECAUSE OF THE STRESSES ON CASH FLOW THAT THE AIRPORT IS EXPERIENCING
THE AIRPORT'S ALWAYS BEEN SUCCESSFUL IN GETTING SOME GOOD GRANT FUNDING AND THERE ARE PASSENGER FACILITY CHARGES AND CUSTOMER FACILITY CHARGES THAT ARE AVAILABLE
I'LL NOTE THAT THOSE ARE THE AMOUNTS THAT ARE AVAILABLE AFTER THE PAYMENT OF DEBT SERVICE
SO FOR BOTH PFCS AND CFCS, THE BULK OF THE COLLECTIONS GO TO PAY DEBT SERVICE FOR CFCS
SOME ARE APPLIED TO OPERATIONS AND MAINTENANCE AS WELL
AND SO WHAT'S LEFT IS AVAILABLE FOR PAY AS YOU GO CAPITAL SPENDING
NEXT SLIDE PLEASE
I'LL MOVE TO THE NON AIRPORT BUSINESSES
NEXT SLIDE
THIS SHOWS THE FULL PICTURE OF THE NON AIRPORT CIP
BACK ON OCTOBER 13TH MARITIME AND ECONOMIC DEVELOPMENT PROVIDED THEIR CIP DETAILS, THE 312 MILLION DOLLARS
IN ADDITION TO THAT, WE HAVE THE PORT'S SHARE OF THE NORTHWEST SEAPORT ALLIANCE CIP, WHICH YOU WILL BE GOING THROUGH WITH WITH A LION STAFF TOMORROW, AND THEN WE HAVE A GROUP OF PROJECTS THAT ARE RELATED TO THE ALLIANCE FACILITIES, BUT THEY ARE A HUNDRED PERCENT PORT OBLIGATIONS AND THE BIG PROJECTSTHERE ARE THE CHANNEL DEEPENING FOR THE EAST AND WEST WATERWAY
AND THERE IS ALSO AN ALLOCATED PORTION OF THE CENTRAL SERVICES CIP
NEXT SLIDE PLEASE
THIS GRAPH WAS PROVIDED BY MARITIME AND ECONOMIC DEVELOPMENT TWO WEEKS AGO, BUT I THOUGHT IT WAS WORTH REPEATING BECAUSE IT ILLUSTRATES THE ITERATIVE PROCESS WE GO THROUGH IN DEVELOPING BOTH THE CIP AND THE FUNDING PLAN
SO BACK IN JUNE THE TWO OPERATING DIVISIONS MET AND PUT TOGETHER A CIP
I WOULD CALL IT SOMETHING OF AN UNCONSTRAINED CIP
IT'S IF THEY COULD DO EVERYTHING THAT WAS IMPORTANT TO DO TO DRIVE THEIR BUSINESS PLANS, THEN THAT WOULD HAVE BEEN THE 531 MILLION
THE CORPORATE FINANCE TEAM DOES AN AFFORDABILITY ANALYSIS AND WE COME UP WITH THE FUNDING THAT IS POTENTIALLY AVAILABLE FOR THAT PLAN
WE DO THAT IN THE SUMMER WHEN WE'RE DEALING WITH VERY PRELIMINARY INFORMATION AND WE CAME UP WITH A NUMBER OF 378 MILLION
OR EXCUSE ME, 387 MILLION AND AND THAT WENT BACK TO THE MARITIME AND ECONOMIC DEVELOPMENT SO THEY COULD REVISE THEY'RE CIP AND THEY MADE A NUMBER OF CHANGES TO ACCOMMODATE THAT AFFORDABILITY
SINCE THEN WE HAVE BEEN UPDATING THE FUNDING ANALYSIS WITH MORE REFINED INFORMATION PARTICULARLY RELATED TO THE OPERATING FORECAST FROM THE OPERATING DIVISIONS AND FROM THE ALLIANCE AND WE HAVE ABOUT 312 MILLION THAT WE'VE DESIGNATED FOR MARITIME AND ECONOMIC DEVELOPMENT
ONE OF THE KEY ASSUMPTIONS IN THIS ITERATIVE PROCESS IS THAT THE ALLIANCE CIP IS FULLY FUNDED BECAUSE THERE'S NO DIRECT CONNECTION BETWEEN OUR CAPITAL DEVELOPMENT WORK AND THE ALLIANCE CAPITAL DEVELOPMENT WORK
WE MAKE THE SIMPLIFYING ASSUMPTION THAT THEIR CIP IS FULLY FUNDED
NEXT SLIDE PLEASE
THE FUNDING PLAN FOR THE NON AIRPORT CIP WILL RELY VERY HEAVILY ON THE TAX LEVY AND GEO BONDS AND 80% WILL COME FROM THAT COMBINATION OF THE TAX LEVY, THE HARBOR DEVELOPMENT FUND WHICH IS A SUB FUND OF THE TAX LEVY SPECIFICALLY TO PAY FOR THE TERMINAL 5 PROJECT, AND GEO BONDS
THERE IS SOME OPERATING CASH THAT CAN BE APPLIED FOR THE PAYMENT OF CAPITAL PROJECTS AND WE HAVE SOME GRANTS, BOTH FOR THE ALLIANCE PROJECTS AND FOR SOME PORT PROJECTS
AND I'LL NOTE THAT THAT 15 MILLION IS A PRETTY SIGNIFICANT AMOUNT OF GRANT FUNDING FOR FOR OUR NON AIRPORT BUSINESSES
SO KUDO TO STAFF WHO HAVE DONE SUCH A GREAT JOB IN SECURING GRANT FUNDS FOR OUR NON AIRPORT BUSINESSES
NEXT SLIDE PLEASE
THIS CHART ILLUSTRATES THE SIGNIFICANT CHANGE WE'VE SEEN WITH THE NON AIRPORT FUNDING OVER THE LAST YEAR
THE FIRST COLUMN IS THE 2020-2024 PLAN OF FINANCE
SO DIFFERENT SET OF YEARS BUT SOME SIMILARITIES
AND THEN THE RIGHT HAND COLUMN IS THE CURRENT PLAN
SO I'LL START AT THE BOTTOM
YOU CAN SEE THAT FUNDING HAS DECREASED FROM SIX HUNDRED SEVENTY NINE MILLION TO 549 MILLION, A DROP OF A HUNDRED AND THIRTY MILLION OF CAPACITY
AND THAT'S DUE TO A DROP OF OVER 200 MILLION IN REVENUE BASED RESOURCES IN THE FORM OF CASH AND REVENUE BONDS
YOU CAN SEE THAT IN THE CHANGE FROM 332 MILLION IN LAST YEAR'S PLAN OF FINANCE TO ONLY A HUNDRED AND TEN MILLION IN THIS YEAR'S
AND THE BIGGEST CHANGE IS THE INABILITY TO ISSUE REVENUE BONDS
IT'S PARTLY OFFSET BY INCREASED USE OF THE TAX LEVY AND PARTICULARLY THE INCREASED USE OF GEO BONDS
SO THIS PLAN DOES ASSUME THAT WE ARE MAXIMIZING OUR USE OF GEO BONDS TO FUND THE CAPITAL PLAN
NEXT SLIDE PLEASE
SO SOME TAKEAWAYS FOR THIS PLAN OF FINANCE
AGAIN, THE REVENUE FORECAST IS HIGHLY UNCERTAIN AND SO I THINK WE HAVE TO ALWAYS KEEP THAT IN MIND AND BE PREPARED FOR POTENTIAL COURSE CORRECTIONS
THE CAPITAL FUNDING FROM REVENUE IS VERY LIMITED AND SO THERE ISN'T ANY CAPACITY FOR NEW REVENUE BONDS FOR THE NON AIRPORT AND A GREATER RELIANCE ON REVENUE BONDS BY THE AIRPORT
MARITIME AND ECONOMIC DEVELOPMENT CIP WILL REQUIRE SIGNIFICANT DEFERRALS IN ORDER TO MEET THAT 312 MILLION CONSTRAINED FUNDING CAPACITY
AND WE'VE ASSUMED THAT THE NORTHWEST SEAPORT ALLIANCE CIP IS FULLY FUNDED
BY THE NEXT YEAR, THE REVENUE FORECAST MAY BE SIGNIFICANTLY DIFFERENT
HOPEFULLY FOR THE BETTER
CONTRAST TO THAT UNCERTAINTY WITH REVENUES THE TAX LEVY PROVIDES A STABLE FUNDING SOURCE AND WE CAN USE IT TO PROVIDE A LOT OF FUNDING THROUGH THE USE OF GEO BONDS
SO WE GET EXTRA LEVERAGE BY USING GEO BONDS AND WE ARE EXPECTING TO ISSUE 283 MILLION OF BONDS
THAT COMBINED WITH THE CASH WILL FUND 303 MILLION OF SPECIFICALLY IDENTIFIED PROJECTS
WE HAVE THE HARBOR DEVELOPMENT FUND WHICH WILL PROVIDE 57 MILLION OF T5 FUNDING
AND THEN WE HAVE 79 MILLION IN PROJECTS THAT WE'LL NEED TO SHIFT TO THE TAX LEVY
AND I'D LIKE TO JUST EXPLAIN THAT A LITTLE BIT
NORMALLY WE PROVIDE A VERY SPECIFIC LIST OF PROJECTS TO BE TAX LEVY FUNDED
AND WE HAVE FOR THE 303 MILLION
BUT BECAUSE OF THE GREAT UNCERTAINTY IN THIS PLAN, THE FUTURE PROJECTS, AND THESE ARE PROJECTS THAT ARE IN THE CIP BUT ARE CURRENTLY TAGGED TO THE GENERAL FUND
IF THIS PLAN PLAYS OUT, WHICH IS HIGHLY UNCERTAIN, THEN WE WOULD NEED TO MOVE SOME OF THOSE PROJECTS, 79 MILLION WORTH, TO TAX LEVY FUNDING
WE ARE NOT RECOMMENDING THAT WE DO THAT TODAY BECAUSE OF THE UNCERTAINTY
SO NEXT YEAR WHEN WE'RE REVIEWING THE PLAN AGAIN, WE MAY HAVE PROJECTS THAT WE WILL RECOMMEND MOVING TO THE TAX LEVY
AND I'D LIKE TO ALSO NOTE THAT WE DO LOOK BEYOND THE CURRENT FIVE-YEAR PERIOD
AND LOOKING OUT TO 2026 WE DO HAVE SOME ADDITIONAL FUNDING CAPACITY IN THOSE YEARS AND COMMISSIONER BOWMAN RAISED THIS QUESTION AT THE LAST MEETING ABOUT WHAT HAPPENS IN THE FUTURE? IT'S A VERY IMPORTANT QUESTION THIS YEAR PARTICULARLY BECAUSE WE ARE MOVING A NUMBER OF OUR KEY PROJECTS OUT INTO THE FUTURE
AND BECAUSE WE HAVE A DROP IN THE EXISTING GEO BOND DEBT SERVICE IN AFTER 2026, THERE IS CAPACITY TO FUND THOSE PROJECTS
WHAT WE MIGHT NOT HAVE IS AS MUCH CAPACITY TO FUND ANY NEW PROJECTS THAT MIGHT COME UP IN THE INTERIM
NEXT SLIDE
[INAUDIBLE] I WOULD SAY BEFORE WE MOVE TO THE TAX LEVY
OKAY, LET'S DO THAT THEN ANSWER QUESTIONS
OKAY VERY QUICKLY
THIS IS A LOOK AT THE DEBT SERVICE COVERAGE FORECAST
AS I MENTIONED, DEBT SERVICE COVERAGE IS OUR PRIMARY CASH FLOW RATIO
I'LL NOTE THAT THESE COVERAGE LEVELS ARE LOWER THAN WHAT WE HAD FORECASTED LAST YEAR WHERE WE ARE SEEING COVERAGE LEVELS OF 1.7 TO 1.8, THESE ARE NOW AS LOW AS 1 POINT 3
I THINK THEY ARE STILL REASONABLE TO SUPPORT A SOLID CREDIT RATING AND ACCESS TO CAPITAL, BUT NOT AS STRONG AS WE WOULD LIKE
NEXT SLIDE, PLEASE
SO I'LL WRAP UP THIS SECTION BY FLAGGING THE INITIATIVES THAT WE ARE LOOKING AT FOR 2021
WE EXPECT TO ISSUE REVENUE BONDS TO SUPPORT AIRPORT PROJECTS
WE HAVE SOME BONDS THAT ARE ELIGIBLE FOR REFUNDING AND SHOULD GENERATE DEBT SERVICE SAVINGS
WE'RE MONITORING SOME OTHER BONDS THAT MAY BE REFUNDABLE FOR SAVINGS
SO THAT'S PART OF OUR ONGOING DEBT MANAGEMENT PROGRAM
AND THEN WE ALSO HAVE SOME LETTERS OF CREDIT THAT SUPPORT VARIABLE RATE DEBT THAT WE WILL BE RENEWING NEXT YEAR
I'LL PAUSE BEFORE WE MOVE TO THE TAX LEVY
LET'S TAKE ROLL ON COMMISSIONER QUESTIONS AT THIS POINT
THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
THANK YOU ELIZABETH CAN YOU HELP ILLUMINATE HOW THE STAFF DETERMINED THE LEVEL OF RESERVES? I HAVE THREE QUESTIONS
THAT'S MY FIRST ONE
YES, ABSOLUTELY
IT IS A BIT OF ART RATHER THAN SCIENCE BUT WE DID LOOK AT WHAT OTHER PORTS AND AIRPORTS ARE DOING, WHAT KINDS OF LEVELS THEY ARE MAINTAINING AND WHAT THEIR TARGETS ARE
SO THAT WAS PART OF THE INFORMATION
WE LOOKED AT WHAT RATING AGENCIES LOOK AT
THEY LOOK AT BOTH DAYS O&M AND THEY LOOK AT WHAT IS CALLED THE CASH COVERAGE, THE RATIO OF CASH TO DEBT SERVICE
AND SO KIND OF PUTTING ALL THOSE PIECES TOGETHER AS WELL AS OUR OWN EXPERIENCE WITH HOW OUR CASH HAS WORKED FOR US
THAT INFORMED THE RECOMMENDATION
AND THEN FOLLOWING THAT, SO AT THE END OF THE DAY, CORRECT ME IF I MISUNDERSTOOD THIS
HAVE WE ALREADY ACHIEVED THE 12-MONTH RESERVED FOR THE NON AIRPORT FUND BALANCE? YES
OKAY, AND THAT'S PRIMARILY FUNDED THROUGH THE TAX LEVY AND GEO BONDS
CORRECT? NO
WELL, NO, SORRY
I SAID THAT WRONG
THAT'S RIGHT
THAT'S RIGHT
THE TAX LEVY FUND IS A SEPARATE FUND WITHOUT ANY MINIMUM TARGET BALANCE BECAUSE WE DON'T PLAN TO HOLD ON ONE
BUT JUST TO BE CLEAR, WE'VE ALREADY HIT THAT
OUR MARK
WE'VE ALREADY HIT THE 12-MONTH BALANCED
AND THEN ON THE AIRPORT RECOMMENDATION FOR 18 MONTHS COVERAGE OF O&M, WOULD THAT RESULT IN
HELP ME UNDERSTAND HOW THAT WOULD
WHAT THE RESULT WOULD BE IN TERMS OF WOULD PROJECTS BE DELAYED IN ORDER TO DO THAT TO HIT THAT RESERVE? HELP ME UNDERSTAND THE MECHANICS
YEAH, SO THE AIRPORT USES BOTH CASH AND DEBT TO FUND PROJECTS
ANYTHING THAT IS CHARGED TO THE AIRLINE'S IS CHARGED IN A SIMILAR WAY
SO WE WOULD INCLUDE THE DEBT SERVICE PAYMENT IN ANY AIRLINE RATES AND CHARGES
IF WE USE CASH, WE INCLUDE AN AMORTIZATION CHARGE WHICH IS DESIGNED TO MIMIC WHAT A DEBT SERVICE WOULD BE SO THAT FROM AN AIRLINE PERSPECTIVE, THEY ARE INDIFFERENT BETWEEN DEBT AND CASH
AND FROM THE PORT'S PERSPECTIVE, YOU KNOW, WE CAN THEN MAKE THOSE DECISIONS AS APPROPRIATE AND WE'VE TYPICALLY USED THE CASH FOR THINGS LIKE SHORT-LIVED PROJECTS WHERE LONG-TERM DEBT MIGHT NOT BE AS AS SUITABLE
SO IN THIS CASE, WE WOULD BE SHIFTING TO MORE DEBT AND LESS CASH SO THAT WE CAN BUILD UP THAT CASH RESERVE
I JUST WANT TO MAKE A FINAL POINT
SO I'M JUST SENSITIVE TO THE TESTIMONY EARLIER TODAY AND WE'VE HEARD THESE SENTIMENTS OVER THE LAST COUPLE OF MONTHS ABOUT THE RATES AND CHARGES FOR THE AIRLINES
AND IN OUR LAST MEETING, I REALLY APPRECIATE, BORGEN DID AN EXCELLENT JOB OF CALLING OUT, YOU KNOW, WE'RE GOING TO HAVE A PRETTY LARGE INCREASE NEXT YEAR AS SOME OF OUR MAJOR PROJECTS COME ONLINE LIKE THE INTERNATIONAL RIVALS FACILITY
AND CLEARLY THE AIRLINES ARE STILL IN A PRECARIOUS SITUATION FOR THE FORESEEABLE FUTURE
SO I JUST WANTED TO HIGHLIGHT THOSE CONCERNS AND THAT AND WANTED TO UNDERSTAND FROM YOUR POINT OF VIEW HOW GETTING TO THAT 18-MONTH FUN BALANCE MIGHT TAKE THOSE THINGS INTO CONSIDERATION
YES, AND THIS IS PART OF THE CONVERSATIONS WITH THE AIRLINES
THIS INFORMATION HAS BEEN IN THE PRESENTATION SIMILAR TO WHAT WAS SHARED TWO WEEKS AGO ON THE RECOMMENDATIONS FOR THE CIP, THE O&M, AND THIS INCREASE IN FUND BALANCE AND THERE'S BEEN NO NEGATIVE FEEDBACK
AND AS I NOTED FROM THE AIRLINE'S PERSPECTIVE, IF THEY PAY DEBT SERVICE OR THEY PAY AN AMORTIZATION PAYMENT, YOU KNOW, IT'S THE SAME
YEAH, IT SHOULD BE RELATIVELY THE SAME
THANK YOU
THANK YOU
COMMISSIONER BOWMAN
MOVING TO COMMISSIONER CALKINS FOR ANY QUESTIONS
NUMB RIGHT NOW
THANK YOU
COMMISSIONER CHO
COMMISSIONER CHO FOR ANY QUESTIONS
YOU'RE MUTED
I WAS JUST SAYING HOW I APPRECIATE THIS PRESENTATION
I THINK IT'S TERRIFIC
COULD YOU REMIND ME ELIZABETH REAL QUICK HOW OFTEN DOES OUR CREDIT RATING GET REVIEWED FOR BONDING PURPOSES? WE HAVE IT REVIEWED IN DETAIL EVERY TIME WE ISSUE BONDS
IN ADDITION TO THAT, THE RATING AGENCIES DO ANNUAL SURVEILLANCE OF OUR CREDIT
SO THEY REVIEW US AT LEAST ONCE A YEAR
AND IF THEY FEEL THAT THERE'S A REASON TO CHANGE THE CREDIT RATING, YOU CAN DO THAT AT ANY TIME
AND HAS THERE BEEN ANY CHATTER OR UPDATES TO CREDIT RATINGS AS A RESULT OF COVID AND THE DECLINE AND FLIGHTS AND ACTIVITY AT THE AIRPORT? YES, AND THE RATING AGENCIES HAVE APPROACHED IT SOMEWHAT DIFFERENTLY
FOR EXAMPLE MOODY'S IMMEDIATELY PUT ALL AIRPORTS ON NEGATIVE OUTLOOK, WHICH MEANS THAT THEY'RE MONITORING US AND THEY MAY CHOOSE TO TAKE SOME KIND OF RATING ACTION
STANDARD & POORS HAS ACTUALLY BEEN REVIEWING CLUSTERS OF AIRPORTS AND HAS DOWNGRADED MANY OF THEM INCLUDING SOME OF THE TOP AIRPORTS IN THE COUNTRY, DFW THE WASHINGTON AIRPORTS, WASHINGTON DC AIRPORTS
SO THEY'VE TAKEN A MORE PESSIMISTIC VIEW OF THE AIRPORT BUSINESS
AND IS MY UNDERSTANDING CORRECT THAT LIKE MOST OTHER UNDERWRITING AND DEBT ISSUANCES, IF OUR RATING WERE TO GO DOWN THEN WE WOULD HAVE GUARANTEE A HIGHER INTEREST RATE OR DIVIDEND OR RETURN ON THIS BOND PAYMENTS IN ORDER FOR US TO BE ABLE TO GO AND ISSUE THOSE BONDS? USUALLY A LOWER CREDIT RATING MEANS A HIGHER INTEREST PAYMENT, YES
OKAY
ALL RIGHT
THANK YOU
THANK YOU
COMMISSIONER CHO
MOVING TO COMMISSIONER FELLEMAN
SORRY, I WANTED TO THANK YOU AGAIN FOR CLARIFYING MANY OF THESE THINGS
SO MY UNDERSTANDING IS THAT PART OF THE WAY IN WHICH WE WERE ABLE TO DO THE BELT-TIGHTENING THAT ALLOWS US TO MOVE FORWARD AT ALL HAD TO DO WITH REDUCING THE CONTINGENCIES FOR INDIVIDUAL PROJECTS, RIGHT? AND WAIT, HOLD ON
COMMISSIONER STEINBREUCK HAS ASKED ME TO TAKE ON THIS MOMENT WHILE HE TAKES A BREAK SO THAT WAS PART OF ME
SO I TRY TO KEEP MY TRAIN OF THOUGHT SO PART OF THE BELT TIGHTENING IS ASSOCIATED WITH REDUCING THE CONTINGENCIES ON SOME OF OUR PROJECTS IS THAT TRUE? YOU'RE CORRECT THAT WE DID REDUCE THE CIP RESERVE FOR THE MARITIME AND ECONOMIC DEVELOPMENT DIVISIONS
SO NOT SO MUCH INDIVIDUAL PROJECTS, THE CONTINGENCIES IN THOSE, BUT THE OVERALL RESERVE THAT'S USED TO PROVIDE SOME EXTRA RESOURCES IF A NEW PROJECT COMES ALONG OR PROJECT IS HAS COST ESTIMATE INCREASES THE RESERVE CAN ABSORB THOSE CHANGES
SO WE HAVE A SMALLER RESERVE AT THIS TIME
IS THAT THE STRATEGIC RESERVE OR IS THAT SEPARATE? IS THERE A DIFFERENT RESERVE? THAT IS THE NORMAL RESERVE THAT WE ALWAYS CARRY IN THE CIP
THE TOTAL FOR MARITIME AND ECONOMIC DEVELOPMENT IS 27 MILLION
SO LESS THAN TEN PERCENT OF THEIR TOTAL CIP
THE STRATEGIC RESERVE WAS SOMETHING THAT WE HAD RECOMMENDED ONE YEAR, I THINK THAT WAS MAYBE IN 2018 OR 2019, AND IT WAS TO PROVIDE FUNDING FOR SOME ANTICIPATED OBLIGATIONS WHERE THE AMOUNT OF THE OBLIGATIONS, THE TIMING, AND EVEN WHETHER THEY WOULD ACTUALLY COME TO FRUITION WAS UNKNOWN, BUT IF THEY DID IT WOULD BE A LEGAL OBLIGATION OF THE PORT SO THERE WAS NO DISCRETION
SO RIGHT NOW WHAT'S IN OUR STRATEGIC RESERVE? WE DON'T HAVE ONE
WE DON'T USUALLY HAVE A STRATEGIC RESERVE UNLESS THAT'S SOMETHING THAT IS IMPORTANT IN THAT PARTICULAR YEAR
WELL, I'M JUST I'M CONCERNED THAT WITH A REDUCED CONTINGENCY OVERALL AND THE TERM THAT YOU USE WHAT WAS IT? I THINK YOU SAID UNCERTAINTY ABOUT THOUSAND TIMES LIKE E WE ALL ARE [LAUGHTER] SAYING RIGHT
IT'S JUST I'M JUST REALLY CONCERNED THAT THERE'S
USUALLY WE'RE WORRIED ABOUT INDIVIDUAL PROJECTS GOING SIDEWAYS, RUNNING OVER, WHATEVER BUT NOW WE'RE LOOKING AT LIKE THESE, YOU KNOW THE NUMBERS ON COVID RIGHT NOW ARE SO BAD
WE'RE ESTIMATING OUR REVENUES BASED ON A 25% CRUISE SEASON, RIGHT? SO WE'RE BACK WERE BANKING ON 25% OF THE CRUISE, YOU KNOW AT THE SAME TIME
WE'RE LOOKING AT FAST TESTING GOING ON
I MEAN, THERE'S JUST
OUR REVENUES ARE IN THE BALANCE, RIGHT AND OBVIOUSLY THE REASON WHY WE'RE DOING AS WELL AS WE DID WAS BECAUSE OF LAST YEAR'S FINANCIAL MANAGEMENT
SO, SO WHEN YOU SAY WE'RE TAKING A MIDDLE PATH RIGHT YOU'RE SAYING OUR ESTIMATES OF OUR REVENUES AND CHALLENGES ARE NOT THE WORST NOT THE BEST RIGHT
BUT AT THE SAME TIME WE'RE SAYING IT'S EASIER TO BE OVERLY OPTIMISTIC
SO I MEAN
WOULD YOU NOT THINK THAT THIS WOULDN'T BE A GOOD TIME TO HAVE SOMETHING IN A STRATEGIC RESERVE? I THINK THERE ARE TWO WAYS THAT NEW NEEDS CAN BE ADDRESSED
SO IF THERE IS SOMETHING THAT COMES UP MID-YEAR THAT THE PORT WANTS TO FUND THEN WE WOULD EVALUATE WHERE WE ARE, WHAT OUR FUNDING CAPACITY IS, WE COULD UPDATE THIS ANALYSIS AND SEE ARE WE ACTUALLY TRACKING BETTER OR WORSE TO THIS PLAN? AND IT MAY INVOLVE SOME CHANGE TO OTHER FUNDING
SO IT MAY BE DEPENDENT ON THE AMOUNT THAT'S INVOLVED
IT COULD MEAN SHIFTING MORE PROJECTS OUT INTO THE FUTURE TO ACCOMMODATE IT
THE ALTERNATIVE WOULD BE TO ADD A RESERVE NOW AND TO MAKE THOSE DECISIONS ABOUT SHIFTING MORE PROJECTS OUT
BECAUSE WE ARE, THE THE CIP FOR MARITIME AND ECONOMIC DEVELOPMENT, 312 MILLION IS THE MAXIMUM THAT WE THINK IS REASONABLY AFFORDABLE IN THIS CURRENT PLAN WITH THIS MIDDLE ADVERSE SCENARIO
AND SO WE WOULD NEED TO CUT THEIR FUNDING, THEIR CIP, IN ORDER TO ACCOMMODATE A STRATEGIC RESERVE
OR IT WOULD MEAN SOME OTHER BUDGET CUTS OR MORE SIGNIFICANT TAX LEVY INCREASE OR SOMETHING ALONG THOSE LINES TO ACCOMMODATE AT THIS JUNCTURE
BECAUSE OF THE UNCERTAINTY, MY RECOMMENDATION WOULD BE TO SEE IF SOMETHING COMES ALONG
I THINK WE HAVE ENOUGH RESILIENCY IN OUR PLAN THAT WE WOULD FIND HOW TO ACCOMMODATE IT
IT COULD MEAN MAKING SOME DIFFICULT CHOICES NEXT YEAR BUT THEN THAT'S ONE WAY OF APPROACHING IT VERSUS TRYING TO MAKE THOSE CHOICES NOW WITH THE UNCERTAINTY THAT WE CURRENTLY SEE
THIS IS A TAX LEVY CONVERSATION
SO MY THINKING IS NOT SO MUCH OH WE CAN HAVE AN OPPORTUNITY TO TAKE ON ANOTHER PROJECT
MY CONCERN IS NOT JUST THAT IN ADDITION TO LIKE BUILDING AT T-91 UPLANDS, WHICH IS OUR BIG GOAL, IT IS LIKE A LIQUEFACTION ZONE SO WE'RE GONNA HAVE TO BUILD AN EXTRA BIG FOUNDATION ON THAT AND IS ALWAYS CHANCES OF RUNNING INTO POLLUTION AND PROJECTS NOTORIOUSLY IN INDUSTRIAL AREAS COST MORE THAN YOU WOULD EXPECT
SO IN ADDITION TO THAT IS JUST THE POTENTIAL CRIPPLING FUNCTIONS ON OUR REVENUE STREAM
AND SO IT'S SORT OF LIKE NOT LIKE, OH, THERE'S NEW OPPORTUNITIES
THERE ARE TO ME THERE ARE COMPOUNDING CHALLENGES
AND IN THE DISCUSSION OF THE TEXT, I JUST YOU KNOW, I'M JUST WONDERING WHETHER IF WE HAD SOMETHING IN THE BANK AND NEXT YEAR
IT TURNED, THAT OVER THE YEAR, IT TURNS OUT WE DIDN'T NEED IT, WE WOULDN'T NECESSARILY NEED TO DO A TAX LEVY INCREASE THE FOLLOWING YEAR DEPENDING ON HOW ROSIE THINGS WERE RIGHT
SO WE CAN ALWAYS MODIFY OUR DECISION ABOUT WHETHER TO RAISE THE LEVY OR WHAT OR REDUCE IT IN THE FOLLOWING YEAR
WHAT YOU'RE SUGGESTING IS SORT OF SWEAT OUT, WHATEVER HARDSHIP WE MIGHT RUN INTO THIS YEAR AND THEN MAKE THE DECISION NEXT YEAR
AND I'M THINKING PERHAPS WE SHOULD DO IT THE VICE VERSA
BUT UM, THIS CONVERSATION, I THINK WE'LL COME UP WITH IT WITH THIS NEXT PART OF OUR DISCUSSION
IF I COULD JUST ADD TO THAT CONVERSATION, COMMISSIONER
I REALLY APPRECIATE YOUR HOW DO WE ADDRESS THE UNCERTAINTY GOING FORWAR.D AND I THINK ELIZABETH KIND OF WALKED OVER THE OPTIONS THAT WE HAVE AND ESPECIALLY IT'S YOU KNOW, IT'S WEATHER THEM AT THE TIME AND THEN FIGURE OUT A PLAN WHEN THE KNOWN IS OF HOW WE RESPOND TO THAT
BUT I DO APPRECIATE YOUR INTEREST IN DOING THAT
BUT I ALSO WILL REFLECT BACK ON YOU MENTIONED A STRATEGIC RESERVE
WE DID LOOK AT THE RESERVES AND ELIZABETH DID SOME GREAT ANALYSIS IF WE ALL RECALL THAT COMING OUT OF THE 2019 BUDGET LOOKING AT RESERVES AND CONTINGENCIES AND HOW WE RATIONALIZE THOSE ACROSS OUR APPROACH
SO THIS IS CONSISTENT WITH THAT RATIONALIZATION GOING FORWARD OF MINIMIZING LIKE UNDESIGNATED POCKETS OF RESERVES THAT WEREN'T CALCULATED INTO PROJECTS AND OTHER FINANCIAL POLICIES
SO WE HAVE THOUGHT ABOUT THIS AND BUT I DO APPRECIATE YOUR CONCERNS ABOUT HOW DO YOU MANAGE THE UNKNOWN AND THIS IS OUR PROPOSAL
THIS IS MY PROPOSAL FOR MANAGING THE UNKNOWN
I APPRECIATE THAT BUT IT'S ALSO TRUE THAT WE ARE MORE DEPENDENT ON THE TAX LEVY NOW FOR OUR BOND RATING EVEN MORE THAN NORMAL RIGHT? AND SO IT'S ONE OF THE THINGS I'VE ALWAYS TRIED TO IN TERMS OF TRYING TO ARTICULATE TO THE PUBLIC WHAT THE LEVY REALLY BUYS THEM
ALL OF US
IT'S NOT JUST THE ABSOLUTE REVENUE RIGHT? IT'S THE BOND RATING, WHAT YOU'RE ABLE TO HOW MUCH YOU'RE ABLE TO GET LOANS ON
AND SO IS THERE REALLY ANY WAY FOR YOU TO BE ABLE TO ENUMERATE WHAT WOULD BE THE DIFFERENCES IF WE DIDN'T HAVE THE LEVY JUST FROM HOW MUCH MONEY WOULD COST US ON TOP OF WHAT THE REVENUE OF THE LEVY IS? BECAUSE THOSE THINGS I THINK ARE HARDER TO ENUMERATE OR ARTICULATE
YOU'RE ABSOLUTELY RIGHT
THE THE TAX LEVY IS A SIGNIFICANT CREDIT POSITIVE AS THE RATING AGENCIES SAY IN HOW THEY EVALUATE US
BECAUSE IT IS SUCH A STABLE FUNDING SOURCE, AND IT'S NOT DEPENDENT ON OUR BUSINESSES
WITHOUT THE TAX LEVY I THINK OUR NON AIRPORT BUSINESSES WOULD SEE A SIGNIFICANT CONTRACTION BECAUSE WE SIMPLY WOULDN'T HAVE THE REVENUES TO SUPPORT THEM
AND EVEN OUTSIDE OF COVID, THE REVENUES ARE NARROW ENOUGH THAT WE WOULD NOT BE ABLE TO PURSUE THE KINDS OF INVESTMENTS IN THE REGION THAT WE'VE BEEN ABLE TO ACHIEVE AND PLAN TO ACHIEVE
THAT'S WHY OUR CAPITAL CAN BE PATIENT, RIGHT? THAT'S WHY WE CAN MAKE THESE LONGER-TERM INVESTMENTS THAT NO BUSINESS WOULD PROBABLY BE IN THE BUSINESS OF DOING
YOU KNOW HUNDREDS OF MILLIONS OF DOLLARS FOR DOCKS, RIGHT? THESE ARE THE THINGS THAT I THINK NEED TO BE, THE PUBLIC NEEDS TO BE HELPED TO UNDERSTAND
YEAH, I THINK DIRECTOR METRUCK WANTS TO ANSWER PART OF THE QUESTION HERE
AND YOU HEAR ME? WE CAN'T HEAR YOU
THAT WAS YEAH
THANKS, THAT WAS THE PART I JUST ADDED ABOUT
THE OKAY
OKAY, FINE
AND FELLEMAN, YOU'RE FINISHED FOR NOW? OKAY
OKAY
COMMISSIONER STEINBREUCK, COMMISSIONER BOWMAN ALSO HAS ANOTHER FOLLOW-UP QUESTION, BUT YOU HAVE TO SPEAK FIRST
I'M FINE
I'LL WAIT
ALL RIGHT, THANKS
AND WE CAN GO BACK TO YOU COMMISSIONER BOWMAN
I HAVE TWO QUESTIONS GENERAL IN NATURE
FIRST OF ALL THE GEOBOND FUNDING SOURCES ARE PRIMARILY THE LEVY BUT THEY'RE ALSO SOURCED BY REVENUES
IS THAT NOT RIGHT? WE USE SOME OF OUR REVENUES TO FUND THE GEO BONDS? OR IS IT ENTIRELY LEVY FUNDED? IT'S ENTIRELY LEVY FUNDED
YEAH, SO IT SHOULD BE CLEAR THAT THERE AREN'T TWO DIFFERENT SOURCES
THERE'S ONE WHICH IS THE LEVY
GEO BONDS ARE SUBORDINATE TO THE LEVY AND FUNDED THROUGH OUR GUARANTEED LEVY FUNDING OVER TIME
IS THAT CORRECT? THE GEO BONDS? YES
YES
I JUST WANT TO MAKE THAT CLEAR
SO AND WHAT CONTRIBUTION IS MADE BY ANY OF OUR LINES OF BUSINESS REVENUES TO GEO BOND FUNDING? ANY OR IS IT ENTIRELY LEVY? LEVY PAYS A HUNDRED PERCENT OF THE GEO BOND DEBT SERVICE
WE DO HAVE REVENUE BOND DEBT SERVICE
YEAH, THAT'S SEPARATE
EXACTLY AND THE REVENUES FROM THE BUSINESSES PAY THAT DEBT SERVICE
AND THAT'S FOR CAPITAL CORRECT? AND DO YOU KNOW WHAT? SO THAT'S ABOUT 20% OF OUR TOTAL CAPITAL FUNDING IS REVENUE SUPPORTED? THAT'S WHERE I WAS GOING WITH THAT
OKAY, SO YOU GOT 80 KNOCKED OUT FOR LEVY
OKAY, JUST TO PUT THINGS IN ORDER HERE IS WHAT I WAS SEEKING
THE OTHER QUESTION HAS TO DO WITH SEAPORT ALLIANCE CAPITAL PLAN
WE HAVE A WORKING NUMBER I THINK THAT IS BASICALLY GIVEN TO US DURING AT THIS TIME AND I'M GOING TO ASK FOR CONFIRMATION OF THIS FROM DIRECTOR METRUCK, BUT TO WHAT EXTENT DO WE HAVE ANY NEGOTIATED PROCESS AND THE ABILITY TO PRIORITIZE OUR OTHER CAPITAL PROJECTS THAT ARE NOT ALLIANCE PROJECTS
IN OTHER WORDS DO WE JUST ACCEPT WHATEVER COMES FROM THE ALLIANCE? AND WE HAVEN'T APPROVED THE FIVE-YEAR CIP YET FOR THIS COMING YEAR
SO MAYBE METRUCK COULD RESPOND TO THAT
ARE WE JUST LOCKED IN OR IS THERE ANY OPPORTUNITY TO NEGOTIATE THAT? BECAUSE IT AFFECTS OUR OTHER PROJECTS
YEAH, WE DID
COMMISSIONER, YOU ARE RIGHT IN THAT AND THAT IS NOT CURRENTLY OUR PRACTICE
WE DON'T NEGOTIATE WITH THAT
OUR FIRST PAYMENT GOES TO THE SEAPORT ALLIANCE
THAT'S OUR PRESENT PRACTICE
SO THAT'S A VERY IMPORTANT POINT IS THAT ALL OTHER PORT OF SEATTLE CIP PROJECTS ARE SUBORDINATE TO THE ALLIANCE CIP
AND AGAIN, IT HASN'T BEEN APPROVED YET SO BUT YOU'RE USING A WORKING NUMBER FROM THE ALLIANCE PRESUMABLY THAT'S A DRAFT NUMBER
THAT IS THAT IS CORRECT
I JUST THOUGHT WE SHOULD POINT THAT OUT
BECAUSE IT'S YEAH, I MEAN, OBVIOUSLY WE HAVE A VOICE AS HOMEPORT MEMBERS TO REVIEW THE SEAPORT CIP, BUT MY POINT HERE IS THAT WE NEED TO CONSIDER ALL OF OUR PROJECTS AND WHAT WE'RE CAPABLE OF CARRYING AND LET OUR HOMEPORT PRIORITIES ALSO, YOU KNOW HAVE EQUAL FOOTING
THAT'S ALL IS MY POINT THERE
THANKS COMMISSIONER
AND JUST TO ADD TO THAT, AS ELIZABETH TALKED ABOUT IS THAT NUMBER WENT FROM 387 DOWN TO 312
I THINK ADDITIONAL INFORMATION FROM THE SEAPORT ALLIANCE HELPED INFORM THAT TARGET
IS THAT CORRECT, ELIZABETH? YES
OKAY, FINE
I CAN TURN IT BACK TO THE CLERK FOR ANY ADDITIONAL COMMISSIONER QUESTIONS OR COMMENTS
WE'VE BEEN THROUGH THE ROLE
COMMISSIONER BOWMAN, DID YOU HAVE A FOLLOW-UP? I THINK I'M JUST GOING TO GO
AND I THINK WE'VE GOT A LITTLE BIT MORE OF THE PRESENTATION? YEAH
OKAY, I'LL GO AHEAD AND WAIT
SO LET'S CONTINUE
OKAY
ALL RIGHT MOVING TO SLIDE 27
WASHINGTON PORTS ARE PERMITTED TO LEVY A TAX ON PROPERTY WITHIN THE PORT'S DISTRICT
THIS IS UNUSUAL FOR PORTS
MOST OTHER STATES DON'T HAVE THIS THIS BENEFIT
THE LEVY DOLLAR AMOUNT IS APPROVED ANNUALLY BY THE COMMISSION AND IS PART OF THE BUDGET PROCESS
THE PORT MAY LEVY AN AMOUNT UP TO ITS MAXIMUM
SO IT DOESN'T HAVE TO LEVY THE MAXIMUM, BUT IT CAN LEVY UP TO THAT AMOUNT
FOR 2021, WE ESTIMATE THE MAXIMUM TAX LEVY TO BE A HUNDRED AND EIGHT MILLION
2020 THE TAX LEVY WAS SEVENTY SIX POINT FOUR MILLION AND THE PROPOSED LEVY FOR 2021 IS SEVENTY EIGHT POINT SEVEN MILLION
AND THAT REPRESENTS A THREE PERCENT INCREASE WHICH IS CONSISTENT WITH THE PLAN THAT THE COMMISSION ADOPTED IN 2018 TO RETAIN THE PURCHASING POWER NEEDED TO INVEST IN THE WATERFRONT AND MARITIME INDUSTRIES
NEXT SLIDE PLEASE
THE LEVY IS USED FOR A VARIETY OF IMPORTANT INVESTMENTS INCLUDING MARITIME INFRASTRUCTURE, ENVIRONMENTAL SUSTAINABILITY, REGIONAL TRANSPORTATION MOBILITY AND VARIOUS COMMUNITY SUPPORT PROGRAMS NEXT SLIDE PLEASE
THIS GRAPH SHOWS SOME OF THE HISTORY OF THE TAX LEVY AND IT GOES BACK TO 2008 AT WHICH TIME THE PORT BEGAN TO EITHER HOLD FLAT OR DECREASE THE TAX LEVY
AND THAT RESULTED IN A REDUCTION IN PURCHASING POWER AND YOU CAN SEE THE DIFFERENCE BETWEEN THE ACTUAL LEVY IN THE BLUE LINE AND THE INFLATION-ADJUSTED LEVY IN THE GREEN LINE AT THE BOTTOM
WE'VE ALWAYS BEEN BELOW THE MAXIMUM THAT THE PORT COULD TAX
THE 3% THAT WAS PART OF THE PLAN TO FIVE YEARS OF 3% BEGINNING IN 2019 IS BASED ON THE INFLATION COMPONENT
AND LAST YEAR CPI WAS 2.2% BUT A CONSTRUCTION INFLATION WAS 5.5%
THIS PLAN IS REVIEWED ANNUALLY BECAUSE THE LEVY IS SET ANNUALLY AND SO THERE'S OPPORTUNITY TO MAKE ADJUSTMENTS UP OR DOWN DEPENDING ON CIRCUMSTANCES
NEXT SLIDE, PLEASE
TRANSLATING THIS INTO THE IMPACTS FOR A TAXPAYER WE SEE THAT THE TAX LEVY IN 2020 WAS THE 76.4
WE'RE RECOMMENDING A 2.3 MILLION DOLLAR OR 3% INCREASE TO SEVENTY EIGHT POINT SEVEN MILLION
THIS TRANSLATES INTO A LEVY RATE JUST A LITTLE BIT ABOVE LAST YEAR'S RATE
BOTH ABOUT 12 CENTS PER THOUSAND DOLLARS OF ASSESSED VALUE
THE MEDIAN HOME VALUE IN KING COUNTY PER THE ASSESSOR'S OFFICE WAS SIX HUNDRED THOUSAND THIS YEAR AND WE'VE USED THAT SAME AMOUNT FOR 2021
AND THAT MEANS THAT THE MEDIAN HOMEOWNER WOULD BE PAYING THE PORT AN ADDITIONAL DOLLAR 58 IN 2021 COMPARED TO WHAT THEY WOULD HAVE PAID THE PORT IN 2020
ELIZABETH, CAN YOU EXPLAIN WHY YOU ANTICIPATE NO GROWTH IN ASSESSED VALUE? USUALLY WE DO ASSUME THAT THERE IS SOME GROWTH IN THE MEDIAN HOME VALUE
WE RECEIVE UPDATES FROM THE COUNTY WEEKLY AT THIS POINT WITH THEIR NUMBER FOR ASSESSED VALUE, WHICH INCLUDES NEW CONSTRUCTION
AND WHAT WE'RE SEEING IS THAT A LARGE COMPONENT OF THE INCREASE IN ASSESSED VALUE FOR 2021 RELATIVE TO 2020 IS DUE TO NEW CONSTRUCTION RATHER THAN NOT AS MUCH AN INCREASE IN THE VALUE OF EXISTING CONSTRUCTION
THERE IS SOME INCREASE AND IT'S ENTIRELY POSSIBLE THAT THE MEDIAN HOME VALUE THAT THE COUNTY CALCULATES NEXT YEAR WILL BE SOMEWHAT HIGHER
BUT THIS YEAR IN PARTICULAR WAS A LITTLE DIFFICULT TO TRY AND MAKE AN EDUCATED GUESS ABOUT WHAT THAT INCREASE IN MEDIAN HOME VALUE WOULD BE
AND SO WE JUST USED THAT SAME DOLLAR AMOUNT
IS THERE, SINCE IT'S AN ABSOLUTE DOLLAR VALUE, IF THERE'S AN INCREASE IN HOUSING STOCK WOULDN'T THAT DIMINISH THE AMOUNT PER HOUSEHOLD? WELL, BECAUSE THE THE PORT SETS THE DOLLAR AMOUNT OF THE LEVY, IF THE ASSESSED VALUE GOES UP FOR WHATEVER REASON EITHER EXISTING CONSTRUCTION OR NEW CONSTRUCTION, THE LEVY RATE GOES DOWN
SO IF THAT LEVY RATE GOES DOWN BECAUSE ASSESS VALUE GOES UP AND THE MEDIAN HOME VALUE ALSO GOES UP THEN THE DOLLAR AMOUNT THE MEDIAN HOMEOWNER PAYS IS ABOUT THE SAME
OKAY AND LET'S TRY TO GET TO THE END OF THE PRESENTATION BEFORE COMMISSIONERS START TO CUT IN IF WE CAN
SORRY COMMISSIONER STEINBREUCK
MY BAD
THANKS
NEXT SLIDE, PLEASE
THIS SHOWS IN AGGREGATE THE AMOUNT OF TAX THAT THE PORT COLLECTS RELATIVE TO KING COUNTY TAXES
SO IT'S ONLY ONE POINT TWO PERCENT OF TOTAL TAXES COLLECTED IN KING COUNTY
AND AGAIN FOR THE MEDIAN HOMEOWNER THAT PAYS ABOUT 6,000 IN PROPERTY TAXES PER YEAR IN KING COUNTY, 72 GOES TO THE PORT
NEXT SLIDE PLEASE
REVIEWING WHERE WE ARE IN 2020 WE BEGAN THE YEAR WITH 15 MILLION IN THE FUND THAT ROLLED OVER FROM THE PREVIOUS YEAR
WE COLLECTED SEVENTY SIX POINT FOUR MILLION AND THEN HAD SOME SMALL ADDITIONS WITH REIMBURSEMENTS AND INTEREST EARNINGS
SO THE TOTAL RESOURCES AVAILABLE IN THE TAX LEVY WAS NINETY TWO POINT SIX MILLION
OF THAT, 39.8 WENT TO PAY GEO BOND DEBT SERVICE
AND THEN WE HAD SOME ENVIRONMENTAL REMEDIATION EXPENSE AND COMMUNITY PROGRAMS I'LL HAVE MORE DETAIL ON THAT IN THE IN A SUBSEQUENT SLIDE
AND WE HAD OUR MEMBERSHIP EQUITY PAYMENT TO THE ALLIANCE OF 5.5 MILLION AND CAPITAL INVESTMENTS OF 18 POINT THREE MILLION
SO WE ARE EXPECTING THAT WE'LL HAVE AN EIGHT MILLION DOLLAR BALANCE AT THE YEAR AND THAT WILL ROLL INTO THE 2021 AVAILABLE TAX LEVY
IN ADDITION TO THE TAX LEVY, WE ALSO HAVE THE HARBOR DEVELOPMENT FUND AND THE TRANSPORTATION INFRASTRUCTURE FUND
THOSE WERE SET UP WITH TAX LEVY DOLLARS THE FIRST TWO PAY FOR TERMINAL 5 REDEVELOPMENT AND THE TRANSPORTATION INFRASTRUCTURE FUND TO PAY FOR THE PORT'S CONTRIBUTIONS TO REGIONAL MOBILITY
NEXT SLIDE PLEASE
THIS IS A FIVE-YEAR LOOK FOR THE 2021 TO 2025 PERIOD OF THE SOURCES AND USES OF THE TAX LEVY
SO YOU CAN SEE THE EIGHT MILLION THAT WERE EXPECTING AT THE END OF THIS YEAR ROLLING FORWARD INTO 2021
THE TAX LEVY COLLECTION OVER FIVE YEARS ASSUMES A 3% INCREASE IN 21, 22 AND 23, BUT NO INCREASE IN 24 OR 25
WE ARE EXPECTING SOME ADDITIONAL RECEIPTS FROM ENVIRONMENTAL REIMBURSEMENTS
AND I'D LIKE TO TALK A LITTLE BIT ABOUT THE 30 MILLION TRANSFER FROM THE TRANSPORTATION INFRASTRUCTURE FUND
SO THAT FUND WAS SET UP TO FULLY FUND THE OBLIGATIONS THAT THE PORT HAS WITH REGIONAL PARTNERS ,THE STATE, THE CITY TO FUND TRANSPORTATION PROJECTS
BUT SOME OF THAT SPENDING DOESN'T ACTUALLY OCCUR UNTIL 2026
SO STAFF IS RECOMMENDING THAT 30 MILLION FROM THAT FUND BE REPLACED INTO THE TAX LEVY FUND TO HELP WITH SHORT-TERM FUNDING NEEDS
AND THEN IN 2026, WE WILL BEGIN TO REIMBURSE THE TRANSPORTATION INFRASTRUCTURE WITH WHATEVER IS NEEDED TO FULFILL THOSE OBLIGATIONS IN THE LATER YEARS
SO THE USES OF THE TAX LEVY
DEBT SERVICE AND THIS INCLUDES BOTH THE EXISTING GEO BOND DEBT SERVICE AND NEW DEBT SERVICE FROM THE 283 MILLION OF GEO BONDS THAT I MENTIONED EARLIER
AND THEN THERE WILL BE CASH FOR DIRECTLY FUNDING CAPITAL PROJECTS IN ADDITION TO THE THE 283 MILLION OF GEO BONDS
AND THAT LEAVES US WITH VERY LITTLE FUN BALANCE
NEXT SLIDE PLEASE
I'M TRYING TO GET THAT TO MOVE FORWARD
THERE WE GO
THANKS
THIS PROVIDES A LITTLE MORE DETAIL ON THE CAPITAL INVESTMENTS
UP AT THE TOP YOU CAN SEE THAT HUNDRED MILLION OF CASH FROM THE TAX LEVY THAT'S APPLIED TO CAPITAL INVESTMENTS
AND 283 MILLION OF GEO BONDS
THAT WILL FUND SEVERAL PROJECTS
ENVIRONMENTAL AND COMMUNITY PROJECTS LIKE T-117 AND SHORE POWER
WE HAVE A NUMBER OF INVESTMENTS IN FISHING AND MARITIME INDUSTRIES
AND THEN WE ALSO HAVE ABOUT A HUNDRED AND 31 MILLION OF ALLIANCE PROJECTS AND THE CHANNEL DEEPENING
SO THE T5 AND NORTH HARBOUR PROJECTS AND THEN THE 79 MILLION OF UNSPECIFIED INVESTMENTS THAT I NOTED BEFORE PROJECTS CURRENTLY SCHEDULED FOR THE GENERAL FUND BUT THAT MIGHT NEED TO MOVE OVER TO THE TAX LEVY FUND IF WE DO IN FACT SEE THIS ADVERSE SCENARIO PLAY OUT OVER THE NEXT FIVE YEARS
NEXT SLIDE PLEASE
THIS SHOWS THE NON-CAPITAL USES OF THE TAX LEVY
THE GEO BOND DEBT SERVICE IS THE LARGEST USE OF THE TAX LEVY
WE ALSO ARE EXPECTING ABOUT 70 MILLION OF ENVIRONMENTAL EXPENSES
AND WE HAVE A SMALL AMOUNT FOR THE PIER 86 PUBLIC EXPENSE, THE FISHING PIER FOR A MILLION DOLLARS WOULD BE THE PORT'S SHARE
WE HAVE ANOTHER 10.5 MILLION OF EQUITY CONTRIBUTION TO THE ALLIANCE IN THE NEXT FIVE YEARS
AND THE REST ARE THE COMMUNITY INVESTMENTS THAT THE PORT MAKES
AND THIS WAS DETAILED IN A PRESENTATION IN SEPTEMBER AND THERE'S MORE DETAIL IN THE APPENDIX ON THESE AS WELL
SO THERE'S A VARIETY OF INITIATIVES THAT THE PORT HAS TO SUPPORT THE COMMUNITY
NEXT SLIDE PLEASE
SO IN SUMMARY, THE TAX LEVY IS A VERY IMPORTANT RESOURCE FOR ACHIEVING THE PORT'S GOALS BOTH DIRECTLY AND AS COMMISSIONER FELLEMAN POINTED OUT IN SUPPORTING THE PORT'S OVERALL STRONG CREDIT
IT PROVIDES FINANCIAL STABILITY DURING A TIME OF UNPRECEDENTED UNCERTAINTY AND OUR LOSS OF REVENUES THAT WE'VE BEEN EXPERIENCING WILL REQUIRE GREATER USE OF THE TAX LEVY IN THE NEAR TERM IN ORDER TO SUPPORT THE PORT'S MISSION
THE 3% INCREASE WILL HELP US MAINTAIN PURCHASING POWER IN ORDER TO ACHIEVE THAT
THAT CONCLUDES MY PRESENTATION
THERE ARE A NUMBER OF APPENDIX SLIDES THAT PROVIDE MORE DETAIL AND I'M HAPPY TO ADDRESS ANY OF THOSE
OKAY, LET'S DO ROLL CALL NOW ON COMMISSIONER QUESTIONS
THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
GREAT
THANK YOU ELIZABETH
JUST IN TERMS OF THE CAPITAL INVESTMENTS, I DON'T MEAN TO PUT YOU ON THE SPOT, COULD SOMEBODY I'M LOOKING AT THE APPENDIX, WHICH IS SLIDE 48
IS THE T46 CRUISE TERMINAL WHICH IS NOW ON HOLD FOR A BIT
IS THAT CONSIDERED A PROJECT THAT WOULD BE FUNDED? THAT WOULD POTENTIALLY BE ONE OF THAT 79 MILLION DOLLARS OF PROJECTS THAT MIGHT MOVE INTO THE TAX LEVY IF WE DON'T SEE THE REVENUES TO SUPPORT IT
SO THERE'S ALSO OTHER CRUISE INVESTMENTS, GANGWAY AND COVID MITIGATION MEASURES AND REC BOATING
THOSE ARE THE PROJECTS THAT WOULD TYPICALLY BE FUNDED WITH THE GENERAL FUND AND DEPENDING ON HOW THE NEXT YEAR PLAYS OUT, THOSE MAY NEED TO MOVE INTO THE TAX LEVY FOR FUNDING
THANK YOU
I THINK IT WOULD BE REALLY IMPORTANT TO BE ABLE TO ILLUMINATE THOSE
I UNDERSTAND THAT THIS IS JUST A DRAFT AND STAFF IS CONSIDERING THIS BUT I DON'T RECALL US EVER IN MY TIME ON THE COMMISSION AND CORRECT ME IF I'M WRONG
I JUST DON'T RECALL US EVER MOVING THOSE PROJECTS FROM THE GENERAL FUND OVER TO THE TAX LEVY TO THAT EXTENT
AM I INCORRECT IN THAT? YOU'RE ABSOLUTELY CORRECT
IT'S A PRETTY IT'S A SUBSTANTIAL SHIFT OF POLICY
AND I GUESS WHERE I WOULD REALLY WANT TO CALL OUT FOR MY COLLEAGUES AND FOR
I JUST I THINK WE NEED TO HAVE TRANSPARENCY ABOUT WHAT IS INCLUDED IN THAT
BECAUSE TWO THINGS, NUMBER ONE, IT WOULD MEAN THAT THERE'S A VERY GOOD CHANCE THAT THE TAX WILL BE WOULD FUND A NEW CRUISE TERMINAL MOVING FORWARD AND I THINK THAT'S A MAJOR POLICY QUESTION
NUMBER 2 WE DON'T HAVE A SOLID PLAN TO FINANCE THAT I'VE SEEN YET FOR THE CRUISE TERMINAL PAST 2025
AND SO BECAUSE WE DO OUR CIPS AND FIVE-YEAR BUCKET, SO THAT ACTUALLY GOING TO BE MY NEXT QUESTION
IS ELIZABETH HELP ME UNDERSTAND
IN THE PORT WORLD, WE'VE ALWAYS DONE FIVE-YEAR CIP
IS THERE ANY REASON WHY WE COULDN'T GO TO AN EIGHT YEAR OR A TEN YEAR? WHAT AM I MISSING? YOU'RE RIGHT
THAT IS THE THAT IS THE STANDARD, IS A FIVE-YEAR PLAN
WE LOOK AT 10 YEARS, BUT BECAUSE EVEN IN A NORMAL YEAR THAT TEN TO FIVE-YEAR PERIOD IS SO UNKNOWN
IN FACT, THE SEAPORT ALLIANCE DOESN'T EVEN DO FORECAST BEYOND FIVE YEARS FOR THEIR OPERATING FORCAST
SO WE DON'T GENERALLY TALK ABOUT THAT
THE FIVE YEARS IS A GOOD MARKER BECAUSE THERE'S ENOUGH ABILITY TO LOOK AHEAD FIVE YEARS WHILE STILL MAINTAINING ENOUGH RUNWAY TO MAKE CHANGES AS WE MOVE THROUGH THOSE FIVE YEARS
SO THAT'S WHY IT'S A REASONABLE TIMEFRAME
WE ABSOLUTELY CAN PROVIDE ANY AMOUNT OF YEARS THAT WOULD BE HELPFUL
JUST THE FURTHER OUT YOU GO, THE LESS RELIABLE THE INFORMATION
AND TO BE FAIR, I JUST WANT TO MAKE SURE THAT I'M CLEAR
I'M NOT AT LOOKING AT A FIVE-YEAR PLAN OF FINANCE, BUT I THINK THAT WE NEED TO HAVE GREATER TRANSPARENCY ABOUT WHAT A POTENTIAL 10 YEAR CAPITAL INVESTMENT PROGRAM WOULD BE
AND SO NOW THAT WE'VE MOVED A COUPLE OF BIG PROJECTS PARTICULARLY THE T46 CRUISE OUT SEVERAL YEARS THAT THAT WILL GO INTO THE NEXT
I MEAN, WE HAVE A ROLLING FIVE-YEAR CIP, BUT IT WILL BE 2027 2028 UNTIL THAT PROJECT IS LIKELY TO COME TRULY ONLINE
THERE'S A GREAT DEAL OF UNCERTAINTY
AND SO I HAVE AS I MENTIONED BEFORE GRAVE CONCERNS ABOUT CONTINUING TO INCLUDE IT IN THIS FIVE-YEAR CIP AND A FIVE-YEAR PLAN OF FINANCE WHEN THERE'S GREAT UNCERTAINTY ABOUT THAT PROJECT AT THIS MOMENT
BECAUSE ESSENTIALLY WE'RE COLLECTING PROPERTY TAX REVENUE IN ORDER TO SUPPORT A PROJECT THAT WE'RE VERY SOME OF US ARE UNCERTAIN ABOUT
I DON'T MEAN TO SPEAK FOR THE PORT
I KNOW THAT THERE'S A VARYING DEGREE OF OPINIONS BOTH FROM STAFF AND FROM COMMISSIONERS ABOUT WHETHER OR NOT WE WOULD BE, WHERE THAT PROJECT MIGHT END UP GIVEN ONCE WE SEE WHAT 2021 LOOKS LIKE IN TERMS OF THE CRUISE LINES ABILITY TO REBOUND
SO
THANK YOU
BUT I GUESS WHERE I'M ASKING IS IT'S NOT ON PLAN OF FINANCE
SO PLEASE DON'T GET ME WRONG
WHAT I GUESS I'M LOOKING FOR IS A LONGER HORIZON FOR THE CAPITAL IMPROVEMENT PLAN SO COMMISSIONERS CAN REALLY SEE WHAT THAT LOOKS LIKE IN THE OUTER YEARS OF WHAT WE WOULD NEED TO SPEND
BECAUSE THIS PLAN RIGHT NOW CALLS FOR US NOT TO CONTINUE WITH A 3% TAX LEVY INCREASE AFTER 2023
THERE'S NO WAY THAT WE CAN FUND A CRUISE SHIP TERMINAL UNLESS WE CONTINUE THE TAX LEVY INCREASE
IT'S JUST NOT GOING TO BE POSSIBLE
SO LET'S JUST BE HONEST ABOUT WHAT WE'RE DOING IS IF WE'RE GOING TO CONTINUE THIS AND WE'RE GOING TO CONTINUE
AND THAT'S FINE TO HAVE THAT DEBATE ABOUT WHETHER WE PEG A TAX LEVY INCREASE TO THE CIP OR WHETHER WE YOU KNOW, WHATEVER IT IS
AGAIN THERE'S VARYING OPINIONS ABOUT WHETHER WE SHOULD IT SHOULD CONTINUE EVERY YEAR OR NOT OR WE VOTE ON IT EVERY YEAR
BUT I THINK WE JUST NEED TO BE TRANSPARENT ABOUT THE FACT THAT WE WOULD HAVE TROUBLE FUNDING SOME OF THESE PROJECTS PAST 2023 WITHOUT A CONTINUATION OF AN INCREASE IN THE TAX LEVY
WE CAN CERTAINLY PROVIDE THE FULL TEN YEAR CIP
WE DO REGULARLY MAINTAIN THAT INFORMATION
AND AS I NOTED EARLIER IN THE PRESENTATION BECAUSE WE HAVE A DROP OFF IN GEO DEBT SERVICE IN 2026 THERE IS CAPACITY FOR ADDITIONAL FUNDING IN THAT PERIOD THAT WOULD NOT NECESSARILY REQUIRE AN INCREASE IN THE TAX LEVY
BUT I THINK THAT DOESN'T ADDRESS THE POLICY QUESTION THAT YOU RAISED ABOUT HOW WE FUND CERTAIN PROJECTS
SO IN LAST YEARS PLAN OF FINANCE WE HAD ABOUT HALF OF OUR FUNDING COMING FROM THE TAX LEVY AND HALF FROM REVENUES
NOW, WE ARE ANTICIPATING 80% FROM THE TAX LEVY AND SO THAT DOES
YOU KNOW
THAT IS REALLY A POLICY QUESTION ABOUT HOW WE USE THAT TAX LEVY FOR PROJECTS THAT DON'T TYPICALLY USE THE TAX LEVY
THAT WAS A GREAT WAY TO SYNTHESIZE IT
THANK YOU ELIZABETH
I APPRECIATE THAT
LET'S CONTINUE
THANK YOU
CONTINUING WITH COMMISSIONER CALKINS
REALLY GREAT POINTS BY COMMISSIONER BOWMAN
I APPRECIATE THE REMINDER TO MAKE SURE THAT BIG QUESTIONS LIKE THIS ARE DISCUSSED IN A PUBLIC MANNER
SO THAT PARTICULARLY AROUND THE USE OF THE TAX LEVY, YOU KNOW, I THINK THIS IS VERY GOOD PLANNING AND I ALSO WANT TO RECOGNIZE THAT OVER THE NEXT SIX TO 12 MONTHS MANY OF WHAT WE'RE TREATING AS VARIABLES IN HERE ARE GOING TO BECOME NO LONGER VARIABLES, ARE GOING TO BE A FIXED NUMBER
WE'RE GOING TO KNOW FOR INSTANCE WHAT HAPPENED WITH THE 2021 CRUISE SEASON
IF WE HIT OUR BUDGET THAT WILL TELL US SOMETHING
YOU KNOW, IF IT'S 25% OF 2019 NUMBERS THAT'S GOING TO TELL US SOMETHING
IF WE EXCEED THAT AND THE INDUSTRY IS DEMONSTRATED THAT THEY CAN DO IT SAFELY AND SUCCESSFULLY THEN I THINK OUR SCENARIOS WILL LOOK OVERLY PESSIMISTIC AND WE'LL BE ABLE TO REVISE UPWARD AS WE WORK ON A 2022 BUDGET
IF FOR WHATEVER REASON THEY WERE UNABLE TO PULL OFF A CRUISE SEASON IN 2021 THAT'S GOING TO TELL US A WHOLE LOT TOO AND WILL OBVIOUSLY REQUIRE US TO MAKE REALLY SIGNIFICANT CHANGES TO THE THREE AND FIVE-YEAR OUTLOOKS
AND SO I'M REALLY APPRECIATIVE OF THE WORK THAT'S BEEN DONE TO COME TO PRECISION ON 2021
I ALSO RECOGNIZE THAT EDUCATED GUESSES HAVE BEEN MADE AROUND THE OUT YEARS
BUT I DON'T WANT US TO PUT THE CART BEFORE THE HORSE AND TRY TO MAKE DECISIONS ABOUT 2024 AND 2025 UNTIL WE HAVE SEEN WHAT THE FUTURE HOLDS FOR US
AND WE DO HAVE
WE CAN BE PRUDENT AND REASONABLY PLAN WITHOUT HAVING TO REALLY ANCHOR SOMETHING FOR YEARS IN WHICH WE'RE STILL WAITING ON CRITICAL DATA
SO, THANK YOU ELIZABETH
THANK YOU
COMMISSIONER CALKINS
MOVING TO COMMISSIONER CHO
NO QUESTIONS AT THIS TIME
THANK YOU
THANK YOU
COMMISSIONER FELLEMAN
ELIZABETH AS ALWAYS YOU'VE PROVIDED US WITH TREMENDOUS AMOUNT OF INFORMATION CLEARLY AND SUCCINCTLY
SO THANK YOU
I HAVE NO MORE QUESTIONS AT THIS TIME
THANK YOU
COMMISSIONER STEINBREUCK
YES
I HAVE TWO OR THREE
THIS IS STARTING TO SOUND A LITTLE BIT MORE LIKE A STUDY SESSION, WHICH IS FINE PROVIDED WE HAVE THE TIME FOR IT, BUT I I DO THINK THIS DISCUSSION AND PRESENTATION RAISES QUESTIONS FOR ME REGARDING FINANCIAL POLICIES THAT ENSURE PRINCIPLES THAT GUIDE OUR CAPITAL FUNDING IN PARTICULAR
WE ARE FORTUNATE TO HAVE, AS ELIZABETH SAYS, FINANCIAL RESILIENCY IN THAT WE HAVE MULTIPLE OPTIONS
WE CAN TRADE OFF AT TIMES, SWAP OUT AND REPLACE
WE'RE AT A PERIOD OF VERY LOW INTEREST RATES AS WE HAVE BEEN FOR SOME TIME WHICH MAKES ME WONDER WHY WE WOULD EVEN USE CASH DIRECTLY FOR CAPITAL PROJECTS AS A QUESTION AROUND FINANCIAL POLICY RATHER THAN FINANCING
AND I WOULD ALSO QUESTION WHAT OUR POLICY IS REGARDING THE USE OF LEVY FUNDS THAT DIRECTLY SUPPORT ENTERPRISE BUSINESSES SUCH AS CRUISE
AND THAT MEANS LESS FOR INFRASTRUCTURE THAT I THINK IS AS A MATTER OF PUBLIC POLICY AND TAX LEVY USE WE SHOULD BE FOCUSING OUR PRIORITIES FOR USE OF THE LEVY FUND I THINK IN AREAS THAT ARE NOT DIRECT SUBSIDIES IF YOU CAN CALL IT THAT TO ENTERPRISE BUSINESS LINES
I THINK WORKFORCE DEVELOPMENT, ECONOMIC DEVELOPMENT IS LEGITIMATE, INFRASTRUCTURE IMPROVEMENTS, THE THINGS LIKE DREDGING IS PART OF OUR SEAPORT INFRASTRUCTURE
THOSE KINDS OF THINGS, BUT I WOULD DRAW THE LINE THERE AND I WOULD ALSO ASK WHY WE WOULD, AND I'M SORRY THROW ALL THIS OUT AT ONCE ,BUT WHY WE WOULD NOT JUST USE REVENUE BONDS TO FUND A CRUISE TERMINAL IF THE RISK IS LOW AND THE EXPECTED RATE OF RETURN SUPPORTS IT, I CAN'T SEE USING LEVY FUNDS FOR THAT
I COULD SEE A TEMPORARY USE THAT IS THEN SUPPLANTED WITH REVENUE BONDS, BUT THAT REALLY DOESN'T SIT WELL WITH ME IN THAT PARTICULAR EXAMPLE
I WONDER ABOUT OUR FINANCIAL POLICIES
I DON'T KNOW WHEN WE HAVE DISCUSSIONS AND REVIEWS OF WHAT THOSE ARE BUT MANY OF THESE TOPICS I THINK AND COMMENTS HEARING FROM COMMISSIONERS SUGGEST THAT, YOU KNOW, THESE ARE ISSUES MATTERS OF FINANCIAL POLICY BECAUSE THERE ARE CHOICES HERE AND OPTIONS
IF YOU CARE TO RESPOND TO ANY OF THAT ELIZABETH
CERTAINLY
[LAUGHTER] WITH RESPECT TO THE CRUISE TERMINAL WHILE WE DO HAVE SOME EXPECTED SPENDING ON THAT FACILITY LATER IN THIS PERIOD, MOST OF IT WOULD BE IN 2026 AND BEYOND AND THERE WOULD BE OPPORTUNITY TO THEN EVALUATE WHETHER THAT PROJECT SHOULD MOVE FORWARD AND WHETHER IT CAN BE SUPPORTED WITH REVENUE BONDS AT THAT TIME
SO THAT WILL BE A FUTURE DISCUSSION
AS YOU NOTED A LOT DEPENDS ON ON WHAT HAPPENS IN 2021, AND WE'LL SEE THAT OUT
AND ON THE RECORD, I WOULD JUST SAY MY PERSONAL VIEW IS WE SHOULD BE LOOKING TO REVENUE BONDS FOR THESE KINDS OF PROJECTS AND NOT TAX LEVY
AS A MATTER OF POLICY
SO
THERE IS ACTUALLY IN THE PRESENTATION ON SLIDE 50 THE CURRENT CRITERIA FOR TAX LEVY FUNDING
I'M SORRY
WHAT SLIDE NUMBER? SLIDE 50
OKAY
AS WE'RE SWITCHING TO THE SLIDES IF I CAN JUST ADD, COMMISSIONER, INJUST TO SAY IS THAT FOR THE FOR THE PURPOSES OF THE CIP, THERE IS NO CRUISE FUNDING SCHEDULED FOR 2021 AND 22
SO THERE ISN'T ANY
WE AREN'T COLLECTING FUNDS THAT ARE THEN BEING APPLIED TOWARDS THOSE PROJECTS
BECAUSE OF THE UNCERTAINTY THAT COMMISSIONER BOWMAN AND OTHERS SPOKE ABOUT, WE ARE LOOKING AT THAT
IS IT STILL
IT'S ONE OF THE MORE PROMISING REVENUE SOURCES FOR US GOING FORWARD
EXACTLY MY POINT
WHY EVEN TALK ABOUT LEVY FUNDING FOR SOMETHING THAT APPEARS TO BE A HIGH RATE OF RETURN ON THE INVESTMENT
AND WHY WOULD WE USE CASH ALSO FOR CAPITAL PROJECTS WHEN WE SHOULD BE FINANCING? COMMISSIONER STEINBREUCK, NUMBER ONE
I WANT TO SAY I TOTALLY APPRECIATE AND SUPPORT WHAT YOU'RE SAYING ABOUT TAKING A STRONGER LOOK AT HAVING A STRONGER FINANCIAL POLICY AND QUITE FRANKLY THAT COMES FROM THE COMMISSION
AND WE TALKED ABOUT THIS TWO YEARS AGO WHEN THIS FIRST STRATEGIC INVESTMENT FIVE-YEAR CIP WAS PROPOSED
AND YOU KNOW, WE NEED TO FOLLOW UP ON ON REVIEWING THOSE DECISIONS ABOUT WHAT IS FUNDED FROM THE TAX LEVY AND WHAT IS NOT
AND PHILOSOPHICALLY I AGREE WITH YOU A HUNDRED PERCENT
I GUESS MY
I DON'T MEAN TO IT HAIRS BUT IT'S IMPORTANT
IS THAT STEVE WHILE YOU ARE ACCURATE THAT WE WOULDN'T SPEND SIGNIFICANTLY ON THE TERMINAL 46 CRUISE TERMINAL FOR ANOTHER TWO YEARS, IT IS PREDICATED ON A LEVY INCREASE FOR THE NEXT THREE YEARS
AND SO TO THE EXTENT THAT MONEY ROLLS OVER AS YOU JUST, AS WE SAW FROM THE EARLIER SLIDE WHERE 15 MILLION ROLLED OVER TO GIVE US A FUND BALANCE AND THEN WE'RE GOING TO HAVE EIGHT POINT 1 MILLION LEFT OVER THIS YEAR
IT ROLLS OVER
SO IT DOES ACTUALLY IMPACT THE LEVY
YOU KNOW, AND SO IF WE WERE, IT'S IMPORTANT TO CALL THAT OUT AND SAY OH NO
WELL, THAT'S JUST 2 YEARS DOWN THE ROAD
WE CAN MAKE THAT DECISION
YES WE CAN BUT WE'RE COLLECTING TAX LEVY DOLLARS ANTICIPATING THAT WE'RE GOING TO SPEND THAT ON THAT PROJECT IN TWO YEARS
OKAY
JUST TO CLARIFY AND LOOK AT THAT AND WE'RE NOT PROPOSING TO SPEND TAX LEVY FUNDS ON THE CRUISE TERMINAL
OF COURSE
IT WAS
ANYWAYS, WE NEED TO CLARIFY THAT
OKAY, I THINK WELL
POINT IS NOTED HERE
COMMENTS FROM COMMISSIONERS HAVING BEEN MADE, WE CAN CONTINUE
ARE WE DONE NOW WITH OUR BRIEFING? I'LL JUST MAKE ONE CLARIFICATION TO YOUR POINT ABOUT USING REVENUE BONDS RATHER THAN CASH
YOU'RE RIGHT
INTEREST RATES ARE VERY LOW
HOWEVER, THE PORT DOES NOT HAVE THE CAPACITY TO ISSUE REVENUE BONDS FOR NON AIRPORT PROJECTS
WE JUST DON'T HAVE THE REVENUE CASH FLOW COVERAGE TO SUPPORT REVENUE BOND ISSUANCE
I DIDN'T KNOW THAT
THANK YOU
COMMISSIONERS, ONE MORE OPPORTUNITY TO WEIGH IN HERE COMMENT IF YOU'D LIKE BEFORE WE MOVE ON TO THE NEXT ITEM IN OUR AGENDA
I SEE NO ADDITIONAL HANDS RAISED, COMMISSIONER
THANK YOU VERY MUCH ELIZABETH
LOTS OF ISSUES AND QUESTIONS TO CONTINUE THIS DISCUSSION
GOOD
THANK YOU
THANK YOU
SURE
ALL RIGHT
SO, LET ME SEE WHAT NEXT ITEM ON THE AGENDA
CLERK
THANK YOU
WE ARE ON ITEM 8A
I'LL GO AHEAD AND READ THAT INTO THE RECORD
THAT IS AUTHORIZATION FOR THE EXECUTIVE DIRECTOR TO SET 2021 MARINE STORM WATER UTILITY RATES WITH AN INCREASE OF 3%
AND I'M GOING TO HAND THIS OFF TO VICE CHAIR FELLEMAN
AND I'LL BE BACK IN FIVE MINUTES
OKAY
THANK YOU
ALRIGHT COMMISSIONER FELLEMAN
YOU AVAILABLE
I AM HERE
OKAY
THANK YOU BOSS
COMMISSIONERS THE PORT FORMED ITS OWN UTILITY IN 2014 AS A WAY TO MORE QUICKLY AND EXTENSIVELY IMPROVE OUR SERVICES, FACILITIES, SYSTEMS AND PROGRAMS FOR SERVICE WATER AND STORM WATER MANAGEMENT AND POLLUTION CONTROL
THIS RATE INCREASE REFLECTS COVID-19 IMPACTS AND THIS IS STILL SIGNIFICANTLY LESS THAN THE RATE INCREASE PROPOSED BY THE CITY FOR ITS CUSTOMERS
ALL REVENUES COLLECTED BY THE UTILITY WILL BE SPENT ON ACTIVITIES TO IMPROVE THE QUALITY OF ELLIOTT BAY IN PUGET SOUND
THE PRESENTERS ARE SANDRA KILROY, DIRECTOR MARITIME ENVIRONMENT SUSTAINABILITY SURNEE DAKOTALA, UTILITY PROGRAM MANAGER
PRESENTING
THANK YOU, EXECUTIVE DIRECTOR
GOOD AFTERNOON COMMISSIONERS
AS PART OF THE PORT'S MARINE STORM WATER UTILITY, THE COMMISSION DOES APPROVE THE UTILITY RATES ON AN ANNUAL BASIS
SO TODAY WE ARE ASKING FOR YOUR APPROVAL OF THE 2021 STORMWATER UTILITY RATE
AND AS EXECUTIVE DIRECTOR METRUCK MENTIONED, THESE RATES ARE LOWER THAN WE HAD ANTICIPATED A YEAR AGO
AS WE'VE BEEN DISCUSSING DURING THIS MEETING, A LOT HAS CHANGED
THEY'RE LOWER IN PART DUE TO LESS SPENDING IN 2020 AS WELL AS OUR DESIRE TO MINIMIZE THE FINANCIAL IMPACT TO TENANTS AND THE BUSINESS UNITS GIVEN THE CURRENT ECONOMIC SITUATION
SO WE HAVE A BRIEF PRESENTATION FOR YOU TODAY
JUST COVERING SOME HIGHLIGHTS, THE 2021 PROPOSED BUDGET, AND THE 2021 PROPOSED RATE
I RECOMMEND WE GO THROUGH THE WHOLE PRESENTATION AND THEN JUST OPEN IT UP AT THE END FOR ALL QUESTIONS IF POSSIBLE/ WITH ME TODAY WE HAVE CERINI PENDA KOTLA
HE'S THE UTILITY OPERATIONS MANAGER AND WILL BE GIVING THE MAJORITY OF THE PRESENTATION AND WE ALSO HAVE JANE DUAL WHO'S THE UTILITY MANAGER AVAILABLE FOR ADDITIONAL QUESTIONS
SO NEXT SLIDE
I WILL KICK IT OFF WITH JUST A FEW HIGHLIGHTS OF THE PAST WORK
IN 2019, AT THE VERY END OF THE YEAR, WE COMPLETED CONDITIONS ASSESSMENT FOR THE FULL SYSTEM
STORM WATER SYSTEM
THAT WAS A SIGNIFICANT ACCOMPLISHMENT AND IN THIS YEAR, WE'VE BEEN ANALYZING THAT DATA IN TERMS OF THE CONDITIONS OF OUR SYSTEM AND PREPARING FOR MAINTENANCE
BOTH A BETTER MAINTENANCE PROGRAM AND SCHEDULE FOR REPAIRS IN THE FUTURE
2020 WAS ALSO THE FIRST YEAR THAT WE HAVE COVERED ALL STORMWATER MUNICIPAL REGULATORY REQUIREMENTS IN THE UTILITY BUDGET
THIS WAS A GOAL, AN ORIGINAL GOAL OF ESTABLISHING THE UTILITY FIVE YEARS AGO AND THIS IS THE FIRST YEAR WE'VE ACHIEVED THAT
SO THAT SAVES PORT EXPENSE FUNDS
SINCE THE BEGINNING AND INCLUDING THIS YEAR WE'VE DONE 60 URGENT REPAIRS AND 21 TIDE GATES TO REDUCE SAFETY HAZARDS AND IMPROVE WATER QUALITY
AS MENTIONED, TENANT FEES CONTINUE TO BE SIGNIFICANTLY LOWER THAN WHAT WE HAD SEEN UNDER THE CITY OF SEATTLE'S UTILITY
AND THEN THIS YEAR WE STARTED A PROCESS FOR DOING STRATEGIC PLANNING FOR THE FUTURE, THE DEVELOPMENT OF A FIVE-YEAR STRATEGIC PLAN
WE HAVE SURVEYED AND INTERVIEWED CUSTOMERS, TENANTS, EXTERNAL STAKEHOLDERS, WE'VE HELD WORKSHOPS WITH PORT EMPLOYEES AND THE DIFFERENT BUSINESS UNITS TO REALLY START IDENTIFYING WHAT NEEDS AND INTERESTS OUR CUSTOMERS AND EMPLOYEES HAVE OVER THE NEXT FIVE YEARS
SO IN 2021, WE WILL BE PULLING THIS ALL TOGETHER IN A FIVE YEAR STRATEGIC PLAN FOR THE UTILITY
SO WE LOOK FORWARD TO SHARING THAT WITH YOU IN 2021
I WILL GO TO THE NEXT SLIDE AND THEN I'M GOING TO PASS THE MIC TO CERINI
THANKS
GOOD AFTERNOON COMMISSIONERS AND EXECUTIVE DIRECTOR METRUCK
MY NAME IS SURYA PANDU KOTLA
I'M THE STORM WATER UTILITY PROGRAM MANAGER AT THE PORT
SO CONTINUING WITH THE HIGHLIGHTS HERE
THIS LIGHT TOUCHES ON SOME INNOVATIONS THAT WE HAVE DISCUSSED IN PREVIOUS YEARS
SO WE ADDED SIGNAGE AT THE TERMINAL 86 CENTENNIAL PARK BIO RETENTION FACILITY AKA RAIN GARDEN, WHICH IS SHOWN ON THE LEFT OF THE SLIDE AND ALSO AT TERMINAL 102 FOR THE OYSTER SHELL BARRELS AND OUR TWO SPLASH BOXES WHICH ARE LOCATED AT MICK AND HORTON STREET
AND THAT IS TO EXPLAIN TO THE PUBLIC WHAT THE BENEFITS OF THESE FACILITIES ARE WITH POLLUTION REDUCTION AND IMPROVED WATER QUALITY
ADDITIONALLY THERE'S A QR CODE
WHICH IS ON THE BOTTOM LEFT OF THAT PICTURE THAT PROVIDES TRANSLATIONS INTO MULTIPLE LANGUAGES
ADDITIONALLY, WE SET UP A DEMONSTRATION WITH THE ENVIRONMENTAL COALITION OF SOUTH SEATTLE OR ECOS AT A LOCATION IN GEORGETOWN
THIS WAS IN THE BEFORE TIME, BEFORE COVID TO SHOW HOW TO MAKE AN OYSTER SHELL BARREL SO THAT OTHERS CAN INSTALL THAT TYPE OF ASSET AT THEIR FACILITY FOR BENEFIT FOR WATER QUALITY TO THE GREATER REGION
THE PICTURE ON THE RIGHT IS ACTUALLY A FLYER THAT WAS CREATED WITH STEP-BY-STEP INSTRUCTIONS WITH THE PERSON DOING THE WORK IN THE PICTURES IS OUR STORM WATER UTILITY CREW CHIEF WHO HAS DONE THE MAINTENANCE
NEXT SLIDE, PLEASE
SO FOR COVID IMPACTS, WE STOPPED FIELDWORK IN MARCH WITH THE INITIAL SHELTER-IN-PLACE ORDER EVENTUALLY TRANSITIONING TO A SKELETON CREW OF ONE WEEK ON ONE WEEK OFF THROUGH THE END OF MAY BEFORE THE FULL CREWS RETURNED IN JUNE
WE ALSO REDUCED OUR LEVEL OF SERVICE AS SHOWN IN THE SECOND BULLET ON THE SLIDE THERE
BUT THE KEY POINT IS THAT WE MAINTAINED A LEVEL OF SERVICE TO COMPLETE ALL THE REQUIRED WORK NEEDED TO MEET REGULATIONS
WE ALSO DEFERRED ONE CAPITAL PROJECT, THE FINAL YEAR OF THE [INAUDIBLE] PROJECT IN 2020 AND I'LL TOUCH ON THAT MORE IN A MINUTE
NEXT SLIDE, PLEASE
SO HERE WE HAVE THE DETAIL OF THE OPERATING BUDGET FOR THE UTILITY AND THIS IS THE SAME SLIDE THAT'S IN THE MARITIME FINANCE SLIDE DECK
SO HOPEFULLY WE'VE SEEN IT BEFORE
SO THE LAST
I'LL JUST KEEP TO THE LAST COLUMN IN THE MIDDLE SECTION WHICH SHOWS THE 2021 PROPOSED BUDGET AND THAT HAS A LINE ITEM FOR TOTAL REVENUE OF 6.4 MILLION WITH OUR PROPOSED RATE CHANGE AND EXPENSES OF 5.9 MILLION
NEXT SLIDE, PLEASE
SO THIS SLIDE SUMMARIZES MORE OF THE KEY POINTS OF THE PROPOSED BUDGET
SO FIRST ON THE LEFT WE HAVE THE CAPITAL BUDGET
AND THAT INCLUDES THE FINAL YEAR OF THE T18 OUTFALL RENEWAL AND REPLACEMENT PROJECT AND LBA THAT'S OUT OF REDUCE SCOPE FOR A NUMBER OF REASONS, INCLUDING SOME OPERATIONAL IMPACTS TO THE TENANT
WE ALSO ARE PLANNING TO MOVE TO MOBILE INSPECTION PLATFORM FOR REGULATORY INSPECTIONS FROM A MOSTLY PAPER-BASED PROCESS RIGHT NOW AND THEN A PURCHASE OF A GROUT TRUCK WHICH IS OUR TO CONNECT RENTALS REPAIRS, BUT WHICH WORKS IN CONJUNCTION WITH OUR CCTV TRUCK, SO ESSENTIALLY INCREMENTALLY IMPROVE THOSE PROCESSES
THEN ALSO ON THE RIGHT SIDE OF THE SLIDE HERE, WE HAVE THE MAINTENANCE BUDGET
SO THAT INCLUDES ALL THE REQUIRED REGULATORY WORK FOR OUR MUNICIPAL PROPERTIES AND ADDITIONALLY THE ADDING BACK THE LEVEL OF SERVICE THAT WAS REDUCED IN 2020 DUE TO COVID WHICH WAS THE SECOND POINT THE DOCKING PLAZA CLEANING
SO ESSENTIALLY WE ARE PROPOSING TO PROVIDE THE SAME LEVEL OF SERVICE IN 2021 AS THE ORIGINAL 2020 BUDGET
NEXT SLIDE, PLEASE
SO THE UTILITY RECOMMENDS A RATE INCREASE OF 3% FOR 2021 AND THIS RECOMMENDATION IS GUIDED BY FEEDBACK FROM THE UTILITIES ADVISORY GROUP WHICH INCLUDES PORT AND SEAPORT ALLIANCE OPERATIONS LEADERS AND PORT FINANCE LEADERS
THE RATE CHANGE IS LOWER THAN THE ORIGINAL PRE COVID FORECAST, WHICH WAS A 8.2%
THIS IS DUE TO THE UNDERSPENDING IN 2020 PLUS THE CAPITAL DEFERRAL WHICH ADDED TO OUR CASH RESERVER AND THAT'S BECAUSE THE UTILITY OPERATES ON A COST RECOVERY MODEL WITH THE RATE SET TO RECOVER COSTS OF OPERATIONS
AND SINCE THE UTILITY FUNDS CAN ONLY BE SPENT ON THE STORMWATER PROGRAM UNDER SPENDING ON THE BUDGET IN 2020 ADDED TO THE CASH BALANCE, WHICH IS ALLOWING US TO PROCEED WITH THE LOWER RATE CHANGE IN 2021
THE MAIN CRITERIA THAT WERE CONSIDERED FOR THE RATE ARE LISTED ON THE SLIDE ON THE BOTTOM OF THE PAGE AND THEY REMAIN UNCHANGED FROM PREVIOUS YEARS, BUT IT'S MEET OUR LRP AND CHARTER RESPONSIBILITIES, ADD TO OUR OUR ASSET MANAGEMENT OR ASSET MANAGEMENT OF OUR STORMWATER INFRASTRUCTURE, AND THEN TO BUILD A RESERVE BY 2023
NEXT SLIDE, PLEASE
SO THIS SLIDE SHOWS THE RATE COMPARISON TO THE CITY FOR ONE RATE CATEGORY AND THAT'S THE VERY HEAVY WHICH IS THE HIGHEST IMPERVIOUS SURFACE
AND THEREFORE THE HIGHEST COST RATE
SO THE CITY RATE PATH IS SHOWN ON THE TOP IN BLUE AND THE PORT PATH IS SHOWN BELOW IN GREEN
SO THE NUMBERS LISTED ON THE SIDE IS THE PERCENTAGE BELOW THAT THE PORT RATE IS COMPARED TO THE CITY FOR THIS PARTICULAR CATEGORY
SO BASICALLY THAT WE CONTINUE TO BE UNDER THE CITY RATES FOR THIS PARTICULAR CATEGORY, WHICH TENANTS APPRECIATE
NEXT SLIDE, PLEASE
AND THEN TO ILLUSTRATE THE IMPACT OF THE PROPOSED RATE CHANGE ON OUR TENANTS, WE HAVE TWO EXAMPLES
THE EXAMPLE ON THE LEFT IS FOR A SMALL COMMERCIAL TENANT AT THE MAIN BUILDING OF FISHERMAN'S TERMINAL
AND WITH 3% IT ADDS 77 CENTS PER MONTH ON A 25 PLUS DOLLAR BILL
FOR A LARGE INDUSTRIAL TENANT ON THE RIGHT SHOWN ON THE RIGHT FOR A CONTAINER TERMINAL WE HAVE ABOUT IMPACT OF JUST ABOUT $700 PER MONTH ON A 23 THOUSAND DOLLAR BILL PER MONTH AND THEN CUSTOMER NOTIFICATIONS ARE [INAUDIBLE] OF UTILITY RATE CHANGES ARE INCLUDED WITH NOTIFICATIONS OF ALL THE OTHER RATE CHANGES THROUGHOUT THE CITY IN A LETTER WITH THE DECEMBER INVOICES TO ALL TENANTS
NEXT SLIDE PLEASE
AND THEN FINALLY HERE WE HAVE THE PROPOSED RATE STRUCTURE ACROSS ALL THE RATE CATEGORIES WITH A COMPARISON TO THE CITY
SO AGAIN, THE RIGHT CATEGORIES ARE BASED ON IMPERVIOUS AREA OF THE FACILITY WITH MORE IMPERVIOUS SURFACE HAVING A HIGHER COST DUE TO THE INCREASED IMPACT ON STORM WATER
SO PER THE UTILITY CHARTER THE FIVE RATE CATEGORIES THAT WE HAVE ARE THE SAME AS THE CITY AND ARE SIMILAR ACROSS THE INDUSTRY
SO THE CITY RATES ARE LISTED IN THE LEFT, THE PORT IN THE MIDDLE AND ON AVERAGE THE PORT RATES ARE 21 AND A QUARTER PERCENT LOWER THAN THE CITY BUT THE PERCENTAGES VARY ACROSS THE DIFFERENT CATEGORIES, WHICH IS SHOWN ON THE RIGHT HAND COLUMN OF THE SCREEN
SO THE THREE PERCENT INCREASE THAT WE WERE ASKING FOR YOUR APPROVAL TODAY WOULD RESULT IN THIS RATE STRUCTURE SHOWN ON THE SCREEN
NEXT SLIDE, PLEASE
AND WITH THAT WE ARE HAPPY TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE
OKAY, LET'S GO WITH THE ROUND OF QUESTIONS
CLERK? BEGINNING WITH COMMISSIONER BOWMAN
BELIEVE IT OR NOT I DON'T ACTUALLY HAVE ANY QUESTIONS ON THIS ONE AND I WANT TO JUST COMPLIMENT THE STAFF FOR ALL OF THEIR WORK ON THE UTILITY OVER THE YEARS
YOU GUYS HAVE REALLY MANAGED UTILITY VERY WELL
IT'S CLEARLY DOING A GREAT JOB IN REINVESTING IN OUR ASSETS AND STEPHANIE JONES STEBBINS, I REMEMBER WHEN WE FIRST CREATED THE UTILITY SIX YEARS AGO I THINK IT WAS AND THERE WAS A LITTLE BIT OF CONTROVERSY ABOUT IT, BUT IT'S CERTAINLY BEEN A GREAT DECISION
AND YEAH JUST BIG COMPLIMENTS TO THE STAFF AND NO ISSUES WITH THE RATE INCREASE
WE JUST CONTINUE TO HAVE A LOWER RATE THAN THE CITY OF SEATTLE AND REINVEST THE MONEY WELL
SO GREAT JOB GUYS
THANKS
MOVING TO COMMISSIONER CALKINS
NO QUESTIONS FOR ME
THANK YOU
COMMISSIONER CHO
NO QUESTIONS
THANK YOU
THANK YOU
COMMISSIONER FELLEMAN
WELL, I THANK YOU SO MUCH FOR PROVIDING THE PERSPECTIVE AND THE VISIBILITY ON THIS ASPECT OF OUR BUDGET
I THINK IT'S IMPORTANT WE ALWAYS HEAR ABOUT OUR COMPETITIVE DISADVANTAGES WITH CANADA AND THIS IS ONE OF THE THINGS THAT
CANADA DOESN'T HAVE MUCH OF A STORM WATER POLICY AT ALL
ALTHOUGH IT'S CONSIDERED BEAUTIFUL BRITISH COLUMBIA
BUT IN FACT, IN FACT, ALL THE AGENCIES AND SCIENTISTS HAVE FOUND THAT STORM WATER IS THE SINGLE BIGGEST IMPACT OF PUGET SOUND WATER QUALITY THERE IS AND THIS IS A REGULATORY REQUIREMENT UNFORTUNATELY THAT HAS SOME EXPENSE
BUT GREATLY TO TO YOUR CREDIT AS COMMISSIONER BOWMAN POINTED OUT IT IS YOU KNOW THAT IT'S THAT IT'S COMPETITIVE WITH THE CITY AND BETTER THAN THE CITY IS FANTASTIC
BUT THE REINVESTMENT PART OF THE USE OF THOSE FUNDS IS WHAT I THINK REALLY IS PROBABLY WHAT KEEPS THE INDUSTRY, YOU KNOW, WILLING TO CONTINUE TO INVEST BECAUSE THIS IS ULTIMATELY GOING BACK INTO THE NEED RATHER THAN INTO THE CITY BUDGET AND I THINK THE VALUE OF THE UTILITY CONTINUES TO BE DEMONSTRATED
THE IMPORTANCE OF STORM WATER ONLY CONTINUES TO INCREASE AND I THINK IT'S VERY IMPORTANT FOR THE BROADER PUBLIC TO KNOW THAT WHILE STORMWATER IS OFTEN A CONTROVERSIAL ISSUE WITH THE CHALLENGES OF MEETING STANDARDS WHEN YOU'RE RIGHT OVER THE WATER LIKE WE ARE ,WE ARE DEDICATED TO ADDRESSING THIS ISSUE AND THANK YOU SO MUCH FOR STAFFS WORK TO CONTINUE TO MAKE THIS PROGRESS
AND I CERTAINLY WOULD BE HAPPY TO MOVE APPROVAL OF THIS BUDGET ITEM
WELL, LET'S
LET'S WAIT UNTIL COMMENTS ARE COMPLETED
THEN I'LL ASK FOR A MOTION
WE ARE CONCLUDING WITH YOUR COMMENTS COMMISSIONER
THANK YOU
I CONSIDER OUR STORMWATER UTILITY A REAL BRIGHT LIGHT IN WHAT SERVICES WE CAN PROVIDE IN THE INTEREST OF WATER QUALITY AND CONTROLLING STORMWATER RUNOFF
AND WE HAVE A WHOLE LOT OF SURFACE AREA THAT REQUIRES THAT LEVEL OF TREATMENT
I'M PARTICULARLY PLEASED THAT THE LEADERSHIP THAT THE PORT HAS TAKEN BOTH ON THE DOCKS AND OUR OTHER PROPERTIES AND AT SEA-TAC AIRPORT, THE ONLY SALMON SAFE AIRPORT OF ITS KIND IN THE COUNTRY IS MY UNDERSTANDING
SO I'M GRATEFUL FOR THIS AND THIS SEEMS LIKE A MODEST INCREASE THAT IS PRUDENT AND REASONABLE
I WOULD LIKE TO ASK HOWEVER WHAT HAVE CUSTOMERS SAID ABOUT THE INCREASE? DID YOU GIVE US A REPORT OUT ON? I KNOW YOU HAVE A RATE ADVISORY PANEL, WHAT AGAIN, IF I COULD JUST HEAR WHAT HAS BEEN SAID FROM OUR CUSTOMERS ON THE RATE INCREASE
SO THANK YOU
THE ADVISORY PANEL CONSISTS OF LEADERSHIP FROM THE SEAPORT ALLIANCE WHO REPRESENT OF COURSE THEIR OWN OPERATIONS AS WELL AS HAVING INSIGHT FROM THE TENANTS AND THEN THE PORT OF SEATTLE LEADERSHIP WITH THE SAME
WE HAVE ECONOMIC DEVELOPMENT SPEAKING ON BEHALF OF THE TENANTS AND THEN THE MARITIME OPERATION
SO ALL OF THE LEADERSHIP SUPPORTED THE THREE PERCENT INCREASE
ONE OF THE FACTORS THAT WAS DISCUSSED IS WANTING TO HAVE A MODEST INCREASE IN THIS YEAR, BUT HAVE MORE OF A FLAT RATE PROJECTION FOR THE NEXT FOUR YEARS
AND THE THREE PERCENT THIS YEAR COMBINED WITH PROJECTED 4.6 PERCENT AND THE OUT YEARS WAS DEEMED VERY REASONABLE AND PREDICTABLE FOR THE TENANTS
IN COMPARISON TO THE COUNTIES COMBINED SEWER OVERFLOW PROBLEM, WHICH I THINK HAS BEEN UNDER COURT ORDER FOR DECADES TO CLEAN UP, THIS IS AGAIN A REAL BRIGHT LIGHT AND I WISH THAT WE COULD DO BETTER
AND I HOPE THAT OUR CLEAN WATER THAT WE'RE DISCHARGING DOESN'T JUST GET MASSIVELY DILUTED WITH THE COMBINED SEWER OVERFLOWS ALL OVER THAT ARE DISCHARGING TOXIC RUNOFF FROM THE STREETS
JUST A COMMENTARY
NO NEED TO RESPOND TO THAT
IF THERE ARE NO FURTHER QUESTIONS OR COMMENTS
ONE QUESTION, MR STEINBREUCK
THANK YOU SANDY FOR CALLING OUT COMMISSIONER STEINBREUCK TO YOUR QUESTION ABOUT WHAT DO THE CUSTOMERS THINK
I THINK IF WE
I DID NOT REALIZE THAT OUR RATE ADVISORY COMMITTEE WAS, ESSENTIALLY, PLEASE CORRECT ME IF I MISUNDERSTOOD, IT'S ESSENTIALLY MADE UP OF STAFF CORRECT? FROM THE PORT OF SEATTLE AND THE SEAPORT ALLIANCE? CORRECT, CORRECT
THE MANAGING DIRECTORS RIGHT? AND I APPRECIATE ALL OF YOUR EXPERTISE
I WOULD STRONGLY ENCOURAGE AND ASK YOU TO THINK ABOUT INCLUDING SOME ACTUAL RATE PAYERS ON THAT COMMITTEE
IT DOESN'T
JUST ONE OR TWO
I MEAN, I APPRECIATE THAT YOU ALL REACH OUT AND SEAPORT ALLIANCE DOES TO TALK TO OUR CUSTOMERS
BUT A RATE ADVISORY COMMITTEE WOULD GIVE ONE THE IMPRESSION THAT THAT CUSTOMERS OR TENANTS ARE INVOLVED
AND I THINK IT'S REALLY IMPORTANT FOR TRANSPARENCY TO HAVE THEIR DIRECT INPUT
SO THANK YOU
I SUPPORT THAT AS WELL
SHOULD BE INDUSTRY THERE
SO THANK YOU
WE HAVE A STORY TO TELL SO LET'S JUST BRING THEM IN EARLY
YEAH
THANK YOU
AND THAT'S A GREAT THING FOR US TO CONSIDER AS PART OF OUR STRATEGIC PLAN MOVING FORWARD
SO THANK YOU
THANK YOU
GREAT POINT COMMISSIONER BOWMAN
OKAY
I WILL CALL FOR A MOTION AT THIS TIME
SO MOVED
IT'S BEEN MOVED
IS THERE A SECOND? SECONDED
SO IT'S BEEN MOVED AND SECONDED
WILL THE CLERK CALL THE ROLL ON THE MOTION
YES, BEGINNING WITH COMMISSIONER BOWMAN
AYE
THANK YOU
COMMISSIONER CALKINS
ATE
THANK YOU
COMMISSIONER CHO
AYE
THANK YOU
COMMISSIONER FELLEMAN
AYE
THANK YOU
COMMISSIONER STEINBREUCK
YES
THIS MISSION PASSES WITHOUT OBJECTION
OH, VERY GOOD
WE ARE NOW AT THE AGENDA ITEM 8B AND WE'RE ONLY A HALF AN HOUR BEHIND OUR ESTIMATED TIME SCHEDULE
SO WE'RE DOING PRETTY WELL
SO I'D LIKE TO ASK THE CLERK TO READ THE ITEM INTO THE RECORD
THANK YOU
THIS IS ITEM 8B, ADOPTION OF RESOLUTION NUMBER 3778, A RESOLUTION OF THE PORT OF SEATTLE COMMISSION AMENDING RESOLUTION NUMBERS 3761, 3742, 3744, AND 3754 REGARDING BYLAWS GOVERNING THE ORGANIZATION AND TRANSACTION OF BUSINESS AT THE PORT OF SEATTLE COMMISSION
SO AS AS THE SPONSOR OF THIS BYLAWS AMENDMENT RESOLUTION, I'M VERY HAPPY THAT WE ARE HOPEFULLY BRINGING THIS TO A CONCLUSION FAIRLY SOON
THIS WORK BEGAN OVER A YEAR AGO BY OUR PREVIOUS CLERK AND THE UPDATE IS REQUIRED EVERY THREE YEARS BY OUR BYLAWS AND REFLECTS THE PORT'S VALUES OF CONTINUOUS PROCESS IMPROVEMENT
AND I THINK THERE ARE A LOT OF GREAT STRIDES IN THESE SET OF AMENDMENTS THAT HAVE BEEN WORKED CAREFULLY THROUGH EACH COMMISSIONERS INVOLVEMENT AND AND ACTIVE ENGAGEMENT AND FOR THAT I THANK YOU ALL
AND THAT'S REALLY ALL ABOUT COMING TOGETHER OVER AN AGREED TO SET OF RULES AND PROCEDURES THAT WE CAN LIVE BY
AND I THINK AGAIN THAT THIS IS FURTHERING THAT PROCESS IMPROVEMENT
MICHELLE, OUR CLERK IS GOING TO PRESENT TO US REGARDING THE AMENDMENTS PROPOSED
SHE WILL GO INTO SOME DETAIL
THERE IS A PROPOSED PACKAGE OF RECENT AMENDMENTS, I THINK FOUR, THAT SHE HAS RECOMMENDED BE MOVED AS A SINGLE KIND OF OMNIBUS AMENDMENT TO THE ORIGINAL PROPOSED RESOLUTION
SO AGAIN AS SPONSOR, I'M PLEASED TO SEE THIS IMPORTANT DOCUMENT AMENDED TO BRING INCREASED CLARITY, TRANSPARENCY, OPENNESS AND ORDER TO THE PROCESSES AND PROCEDURES OF THE COMMISSION'S BODY
WITH THAT, CLERK HART
THANK YOU MR COMMISSION PRESIDENT, MEMBERS OF THE COMMISSION
MR EXECUTIVE DIRECTOR
FOR THE RECORD, MY NAME IS MICHELLE HART, COMMISSION CLERK
ON BEHALF OF THE COMMISSION OFFICE WE ARE PLEASED TODAY TO BRING YOU THE 2020 COMMISSION BYLAWS AND RULES OF PROCEDURE AMENDING RESOLUTION 3778
AS A NOTED BY THE COMMISSION PRESIDENT, THE REVIEW STARTED IN FEBRUARY OF THIS YEAR AND WAS SET ASIDE DUE TO THE ONSET OF THE PANDEMIC IN MARCH
IT WAS LAID ON THE TABLE AT THAT TIME WHERE IT DIED ON THE TABLE
IT WAS NOT BROUGHT BACK
THIS IS THAT PACKAGE COMING BACK FORWARD YOU NOW AT THIS TIME
AND BEFORE WE GO INTO THE SHORT PRESENTATION, I WANT TO TAKE A MOMENT TO THANK ALL OF THE COMMISSION OFFICE STAFF WHO HAVE WORKED WITH ME ON THIS PACKAGE INCLUDING THE PREVIOUS COMMISSION CLERK
I THANK YOU TO OUR LEGAL DEPARTMENT FOR THEIR FULL REVIEW OF THE PACKAGE AND I THANK YOU TO COMMISSIONER STEINBREUCK FOR HIS SPONSORSHIP
GO AHEAD LAUREN WITH THE NEXT SLIDE
SO THE QUICK PRESENTATION WILL JUST TALK ABOUT WHAT IS PROPOSED AND WHY AND THEN KEY AREAS OF CHANGE
NEXT SLIDE
THE PACKET AMENDMENT CONTAINS SEVERAL TECHNICAL AND GRAMMATICAL AMENDMENTS
THESE ARE THROUGHOUT THE DOCUMENT AND THEY REORGANIZE SENTENCE STRUCTURE FOR READABILITY, NEUTRALIZED GENDER LANGUAGE, AND SIMPLIFIES LANGUAGE
AS WELL WE HAVE 27 SUBSTANTIVE AMENDMENTS THAT HAVE BEEN PROPOSED IN THE BASE PACKAGE AND THESE PROVIDE PROCESS CLARIFICATIONS AND PROCESS CHANGES
THE REVIEW IS REQUIRED EVERY THREE YEARS
NEXT SLIDE LAUREN
FOR THE PURPOSES OF LOOKING AT TRANSPARENCY AND OUR POLICY AND PROCESSES FOR THE BYLAWS, PREDICTABILITY, FLEXIBILITY, STRUCTURE AND ORGANIZATION, AND THEN OF COURSE ACCURACY TO ENSURE THAT WE'RE CONSISTENT WITH STATE LAW AND PORT POLICY., PARLIAMENTARY PROCEDURE, AND PRACTICE OF THE COMMISSION
THE PORT IS COMMITTED TO CONTINUOUS PROCESS IMPROVEMENT AND REVIEWING THE GOVERNING DOCUMENTS OF THE COMMISSION REFLECTS THE GOAL OF CONTINUOUS IMPROVEMENT
SO MOVING TO KEY AREAS OF CHANGE WITH RESPECT TO MEETING PROCEDURES
THE AUGUST AND NOVEMBER MEETINGS ARE BEING PROPOSED TO BE HELD THE THIRD TUESDAY
THIS MOVES THE SECOND MEETING OF THESE MONTHS TO THE THIRD TUESDAY
AS WELL THERE IS A PROPOSAL TO CHANGE THE EXECUTIVE SESSION START TIME FROM 11 O'CLOCK TO 10:30 A.M
AND THEN CHANGES TO THE AGENDA ORDER OF BUSINESS TO FLATTEN OUT THE AGENDA STRUCTURE ALLOWING FOR BETTER PRIORITIZATION OF ITEMS THAT ARE COMING BEFORE YOU
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CONTINUING WITH OTHER AREAS OF CHANGE FOR MEETING PROCEDURE
PUBLIC COMMENT IS MADE TO BE PORT SPECIFIC
THIS IS NOT MEETING SPECIFIC TO THE ITEMS THAT ARE BEFORE YOU ON YOUR AGENDA THE TIME BUT RATHER THE CONDUCT OF PORT SPECIFIC ITEMS AND THEN RENAMING FORMAL MOTIONS TO GIVE THEM A BETTER DISTINCTION AND THE USE OF THE WORD MOTION AS IT RELATES TO EVERYDAY PROCEDURAL MOTIONS BEING COMPARED WITH MOTIONS THAT HAVE A LONGER-TERM OBJECTIVE
THESE WOULD NOW BE CALLED ORDERS IF THE AMENDMENT PASSES
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SHIFTING OVER TO GENERAL PROCEDURAL CHANGES THAT ARE PROPOSED
NOTIFICATION OF MEDIA PUBLICATIONS TO THE PRESIDENT IN ADVANCE OF PUBLICATION
THIS IS A COURTESY PROVISION FOR 24 HOURS IN ADVANCE OF A PUBLICATION TO ALLOW THE COMMISSION PRESIDENT TO HAVE A COPY OF THAT FOR HIS INFORMATION AS COMMISSION SPOKESPERSON
AND THEN ORDER AND DECORUM RULES RELATED TO ORDERLY CONDUCT AND PUBLIC MEETINGS
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AND THERE IS AS WELL TRAVEL AUTHORIZATION PROVISION THAT HAS BEEN PROPOSED IN THE BASE PACKAGE
THIS IS BASED ON PORT POLICY AC2 FOR TRAVEL AUTHORIZATION, WHICH ESSENTIALLY SAYS THAT THE COMMISSION PRESIDENT GIVES THE ADMINISTRATIVE APPROVAL FOR DOMESTIC TRAVEL AND THE FULL COMMISSION GIVES THE ADMINISTRATIVE APPROVAL FOR INTERNATIONAL TRAVEL
THERE IS A PROVISION IN THE BYLAWS THAT CURRENTLY REQUIRES A TWO-THIRDS VOTE FOR AMENDMENTS THAT HAVE NOT BEEN TIMELY FILED 24 HOURS IN ADVANCE OF A MEETING
THE PROPOSAL HERE IS TO RESTORE THE MAJORITY VOTE REQUIREMENT FOR AMENDMENTS MOVED ON THE DAY OF A MEETING
HOWEVER, WE ARE MAKING THE DISTINCTION THAT IF THEY ARE MOVED FROM THE FLOOR THAT THEY MUST BE IN WRITING AT THAT TIME IN ORDER TO PROPERLY PLACE THESE AMENDMENTS SO THAT WE CAN ACCOUNT FOR THEM AND DISCUSS THEM AND ACTUALLY BE ABLE TO ADDRESS ANY LEGAL ISSUES THAT MIGHT COME FORWARD WITH AMENDMENTS FROM THE FLOOR, THIS TYPE OF THING
AND THEN ABSTENTIONS
THERE IS A CONFLICT THAT CURRENTLY EXISTS IN THE BYLAWS AND THIS AMENDMENT WOULD REMOVE THAT CONFLICT REQUIRING ALL MEMBERS TO VOTE ON QUESTIONS PUT BEFORE THEM
NEXT SLIDE, PLEASE
AND THEN WITH RESPECT TO COMMITTEES, THIS BODY HAS TAKEN GREAT EFFORT OVER THE COURSE OF THE LAST COUPLE OF YEARS TO MORE FORMALIZE THEIR COMMITTEES AND THE CHANGES HERE IN THIS BASE PACKAGE MORE MOVE OPERATIONAL PROCEDURES FROM THE COMMISSION'S BYLAWS AND RULES OF PROCEDURE TO WHERE THEY BELONG MORE APPROPRIATELY IN COMMITTEE CHARTERS AND WORK PLANS
THE BASE PACKAGE REQUIRES THAT WORK PLANS BE RELATED TO COMMISSION PRIORITIES AND YEAR-END REPORTING FOR STANDING COMMITTEES IS PROVIDED
AND THEN THERE IS ALSO A PROVISION FOR A TWO CONSECUTIVE YEAR LIMITATION ON COMMITTEE TERM SERVICE WITH A WAIVER PROVISION TO REQUEST A WAIVER FROM THE COMMISSION SHOULD A COMMISSIONER WISH TO CONTINUE THEIR SERVICE BEYOND TWO CONSECUTIVE YEARS WITHOUT ONE YEAR LAPSE IN BETWEEN
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AND THEN AS WE TALK ABOUT NEXT STEPS, WE'LL BE MOVING THE MAIN MOTION TODAY TO ADOPT RESOLUTION 3778 ADDRESSING ANY ADDITIONAL AMENDMENTS THAT HAVE BEEN PROPOSED AND PASSING THE MOTION AS AMENDED IF NEEDED
I HAVE GONE AHEAD AND BUILT IN THE FOUR ADDITIONAL AMENDMENTS THAT WE HAVE RECEIVED INTO THIS PRESENTATION
I APOLOGIZE FOR THE NEXT FEW SLIDES
THEY ARE TEXT HEAVY DUE TO THE NATURE OF THE AMENDMENTS
HOWEVER IN ORDER FOR THE PUBLIC TO BE ABLE TO THE AMENDMENTS THAT ARE PROPOSED AS WELL AS THE COMMISSIONERS GO AHEAD AND GO TO THE NEXT SLIDE, LAUREN
THANK YOU
AMENDMENT NUMBER ONE
THIS IS AN AMENDMENT PROPOSED BY COMMISSIONER BOWMAN AND IT IS THAT TRAVEL AUTHORIZATION POLICY THAT I DISCUSSED A FEW MINUTES AGO
HER AMENDMENT AND SHE CAN CERTAINLY SPEAK TO IT MORE AND WE HAVE THE AMENDMENTS MOVED ON THE FLOOR IS TO REQUIRE THAT THE COMMISSION AS THEY DEVELOP THEIR ANNUAL WORK PLAN DISCUSS THE TRAVEL BUDGET THAT PRIORITIZES EDUCATIONAL OPPORTUNITIES SPECIFIC TO THE PORT OR OPPORTUNITIES THAT ADVANCE INTERESTS OF THE PORT AND ARE APPLICABLE TO PORT LINES OF BUSINESSES
THIS IS AN AMENDMENT TO ARTICLE 3, OFFICERS SECTION 5H WHICH IS DUTIES OF THE PRESIDENT, TRAVEL COORDINATION AND FOR PLACEMENT OF THIS AMENDMENT
THIS IS ON PAGE 8 OF RESOLUTION 3778
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CONTINUING WITH AMENDMENT
NUMBER ONE
AGAIN, THIS MORE RECOGNIZES THE ADMINISTRATIVE AUTHORIZATION
I'M SORRY
THERE'S A BIT OF FEEDBACK
OKAY, I'LL FIND WHERE THAT'S COMING FROM
THANK YOU, LAUREN
CONTINUING, THIS JUST BASICALLY AGAIN MORE RECOGNIZES THE ADMINISTRATIVE REASONING FOR THIS PARTICULAR PROVISION, WHICH IS THE ACCOUNTING ACT OF SIGN OFF
SO THAT IS WHAT THIS AMENDMENT DOES FOR THE PURPOSES OF EXECUTING ADMINISTRATIVE APPROVAL FOR THE ACCOUNTING DIVISION AS PART OF COMMISSIONER BOWMAN'S AMENDMENT
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AMENDMENT NUMBER ONE CONTINUES THEN ALSO AS WELL TO MAKE THAT SAME CORRESPONDING AMENDMENT FOR INTERNATIONAL TRAVEL ACKNOWLEDGING THE ADMINISTRATIVE APPROVAL SIGN-OFF PROCESS
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AND THEN THIS IS THE END OF AMENDMENT NUMBER 1 WHICH IS THE PROVISION ADDED HERE THAT MEMBERS OF THE COMMISSION SHALL BE ACCOUNTABLE TO EACH OTHER AND TO THE PUBLIC REGARDING THE USE OF THE COMMISSION'S TRAVEL BUDGET AND SHALL REPORT ON TRAVEL ACTIVITIES AND BENEFITS DERIVED BY THE MEMBERS AND THE PORT FROM TIME TO TIME AS NEEDED OR AS OTHERWISE REQUESTED BY A MAJORITY OF THE COMMISSION
AND THEN THE STRICKEN LANGUAGE DIRECTLY BELOW IT AGAIN FOR THE AMENDMENTS THAT OCCURRED PREVIOUSLY AS WE WE'RE REVIEWING THESE SLIDES, IT REMOVES KIND OF THE SUBJECTIVITY WITH RESPECT TO THE PROVISION AND SQUARELY PLACES IT ON ADMINISTRATIVE APPROVAL
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MOVING TO AMENDMENT NUMBER TWO, THIS AMENDMENT IS ALSO PROPOSED BY COMMISSIONER BOWMAN
AND THIS IS THE AMENDMENT FOR THE TIMELY FILING OF AMENDMENTS FOR YOUR BUSINESS MEETINGS, 24 HOURS IN ADVANCE OF THE MEETING CONVENING
COMMISSIONER BOWMAN IS AMENDMENT IS PROPOSING 48 HOURS AS OPPOSED TO 24 AND SHE CAN SPEAK TO HER RATIONALE
BUT AGAIN, I BELIEVE THAT IS TO ALLOW THE COMMISSIONERS ADDITIONAL TIME AND REVIEW OF AMENDMENTS THAT MIGHT BE COMING FORWARD BEFORE THEM
NEXT SLIDE
LAUREN
THANK YOU .AMENDMENT NUMBER 3, THE AMENDMENT IS PROPOSED TO BRING THE BYLAWS PROVISION IN HARMONY AND IN CONCERT WITH THE RCW GOVERNING THE PORT AS A PUBLIC AGENCY
THIS AMENDMENT I AM PUTTING FORWARD ADMINISTRATIVELY
IT'S AN AMENDMENT TO ARTICLE IV(4)(A), REGULAR MEETINGS AND FOR PLACEMENT
AGAIN PAGE 13 OF THE RESOLUTION
TO GIVE A LITTLE BIT OF CONTEXT TO THIS ADMINISTRATIVE AMENDMENT, IN 2008 THE COMMISSION'S BYLAWS FOR THIS PARTICULAR MEETING PROVISION ACTUALLY READ IN CONCERT WITH THE RCW AND SOMETIME BETWEEN 2008 AND 2009 THAT LANGUAGE CHANGED FROM ON THE NEXT BUSINESS DAY TO AS SOON AS POSSIBLE THEREAFTER, AND I WANT TO BE ABLE TO EXPLAIN THE PROVISION JUST BRIEFLY
THE PROVISION IN ITSELF EXISTS FOR THE COMMISSION TO SET THEIR REGULAR BUSINESS MEETINGS
SO FOR US, WE FALL ON THE SECOND AND FOURTH TUESDAY, OF COURSE, AND THE PROVISION ALLOWS IN THE RCW FOR GOVERNING BODIES TO SET THEIR REGULAR MEETING SCHEDULE IN THIS WAY AND PROVIDES SORT OF GUIDANCE THERE ON IF FOR SOME REASON A REGULAR MEETING SCHEDULE DOESN'T ADDRESS MEETINGS THAT FALL ON A HOLIDAY, THEN THE LANGUAGE AND THE RCW DEFAULTS TO ON THE NEXT BUSINESS DAY
SO IF WE COULD MOVE TO THE NEXT SLIDE LAUREN
WE WOULD THEN BE RESTORING IT, THIS IS THE RCW LANGUAGE, RESTORING THE MEETING PROVISION TO BE SPECIFIC TO REGULAR MEETINGS
THE LANGUAGE AS IT CURRENTLY STANDS ACTUALLY MIXES REGULAR MEETINGS WITH SPECIAL MEETINGS
RESTORING THE PROVISION TO THE RCW TO OUR GOVERNING, YOU KNOW, AUTHORITY ESSENTIALLY WILL ALLOW US THEN TO HAVE A REGULAR MEETING ON THE SCHEDULE FOR THE NEXT BUSINESS DAY AFTER A HOLIDAY
AND IF FOR SOME REASON THE COMMISSION WISHES TO NOT HOLD A MEETING ON THAT DAY, THEY WOULD SIMPLY CALL IT, CANCEL IT, AND RESCHEDULE IT AS A SPECIAL MEETING FOR A DIFFERENT DAY
AND THEN MOVING ON TO AMENDMENT NUMBER FOUR, NEXT SLIDE
FOR AMENDMENT NUMBER 4, THIS IS AN AMENDMENT THAT HAS BEEN PROPOSED BY COMMISSIONER FELLEMAN
THE AMENDMENT IS MOVED TO REFLECT THE CURRENT DUAL REPORTING NATURE OF THE INTERNAL AUDIT DIRECTOR
SO ESSENTIALLY THIS IS CODIFYING THE FUNCTION AS IT EXISTS
THE INTERNAL AUDIT DIRECTOR CURRENTLY REPORTS FUNCTIONALLY TO THE COMMISSION DELEGATED THROUGH TO THE AUDIT COMMITTEE AND ADMINISTRATIVELY TO THE EXECUTIVE DIRECTOR
SO THE AMENDMENT REPLACEMENT IS ARTICLE 2 SECTION 10
THIS IS IN REVIEW OF STAFFING REPORTING TO BOTH THE COMMISSION AND THE EXECUTIVE DIRECTOR, WHICH ARE CALLED DUAL REPORTS
THIS APPEARS ON PAGE 6 OF THE RESOLUTION
NEXT SLIDE, PLEASE
AND THIS IS HOW THE LANGUAGE WOULD APPEAR IN THE AMENDMENT FOR THE PURPOSES OF THE COMMISSION AND THE PUBLIC
IT ADDS THE LAST SENTENCE FOR THE PURPOSES OF THIS SECTION "THE INTERNAL AUDIT DIRECTOR REPORTS FUNCTIONALLY TO THE COMMISSION DELEGATED THROUGH TO THE AUDIT COMMITTEE AND ADMINISTRATIVELY TO THE EXECUTIVE DIRECTOR" JUST TO AGAIN ACKNOWLEDGE THE CURRENT RELATIONSHIP THAT EXISTS
AND THERE IS A CORRESPONDING PIECE TO THIS AMENDMENT AND AGAIN COMMISSIONER FELLEMAN CAN SPEAK TO IT WHEN WE GET THESE AMENDMENTS ON THE FLOOR
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THAT CORRESPONDING PIECE IS THAT THE MOTION FURTHER DIRECTS THE EXECUTIVE DIRECTOR THROUGH THE HUMAN RESOURCES DEPARTMENT TO BRING FORWARD A CORRESPONDING AMENDMENT TO THE SALARIES AND BENEFITS RESOLUTION OF THE PORT FOR THE POSITION OF INTERNAL AUDIT DIRECTOR TO REFLECT THAT THE AUDIT COMMITTEE WILL PROVIDE DIRECT INPUT TO THE EXECUTIVE DIRECTOR INTO THE REVIEW OF THE INTERNAL AUDIT DIRECTOR AND THAT THE INTERNAL AUDIT DIRECTOR WILL HAVE DIRECT ACCOUNTABILITY TO BOTH THE COMMISSION DELEGATED THROUGH TO THE AUDIT COMMITTEE AND TO THE EXECUTIVE DIRECTOR
MAKING A SUBSEQUENT AMENDMENT IN THIS REGARD WOULD BRING THE SALARIES AND BENEFITS RESOLUTION DESCRIPTION OF THE INTERNAL AUDIT DIRECTOR'S POSITION MORE IN LINE WITH THE OTHER TWO DUAL REPORTS THAT CURRENTLY EXISTS
SO JUST TO AGAIN FOR CLARITY PURPOSES, THIS AMENDMENT DIRECTS A SUBSEQUENT AMENDMENT TO THE SALARIES AND BENEFITS RESOLUTION, WHICH SPECIFICALLY TALKS ABOUT THE INTERNAL AUDIT DIRECTOR'S POSITION AND HOW IT IS ACTUALLY DESCRIBED IN THE SALARIES AND BENEFITS RESOLUTION
MOVING TO THE NEXT SLIDE
SO FOR THE PURPOSES OF WHAT WE'RE DOING HERE TODAY, A COUPLE POINTS OF CLARITY BEFORE WE BEGIN ON DEBATE
THE BASE PACKAGE AMENDMENT AGAIN INCLUDES ALL THE TECHNICAL AND SUBSTANTIVE AMENDMENTS AS PROPOSED TO BE MOVED AS ONE COMPLETE MOTION
YOUR MOTION TO ADOPT RESOLUTION 3778 WOULD ADOPT THE BASE PACKAGE
MY RECOMMENDATION AS NOTED BY COMMISSIONER STEINBREUCK EARLIER TODAY IS TO ALSO MOVE THE FOUR AMENDMENTS THAT WE JUST DISCUSSED AS ONE SEPARATE AMENDMENT PACKAGE
WITH ALL FOUR OF THOSE AMENDMENTS INCLUDED
ONCE THEY ARE ON THE FLOOR, WE CAN HAVE ALL OF THE MEMBERS SPEAK TO THEIR RESPECTIVE AMENDMENTS
AND IF FOR ANY REASON WHATSOEVER, WE NEED TO DIVIDE THE QUESTION TO REMOVE ONE OF THOSE AMENDMENTS AND TALK ABOUT THAT AMENDMENT INDIVIDUALLY MORE IN DEPTH, WE CAN CERTAINLY DO THAT AT THAT TIME
NEXT SLIDE
AND THAT CONCLUDES MY PRESENTATION
I'M HAPPY TO TAKE ANY QUESTIONS AT THIS TIME
BEFORE WE OPEN FOR QUESTIONS I JUST WANT TO SAY YOU'VE DONE INCREDIBLE WORK, CLERK HART
IT WAS THROWN AT YOU AS A NEW CLERK AT THE PORT
YOU HAD TO TAKE THIS ON AS ONE AS YOUR BIG FIRST TASKS, BUT YOU HAVE INCREDIBLE MUNICIPAL EXPERIENCE CLERKING THAT I THINK WAS BROUGHT TO BEAR HERE AND I WOULD JUST ADD THAT THE PUBLIC IS THE REAL BENEFICIARY HERE
WHILE THIS MAY SEEM INTERNAL TO OUR WORKINGS AND GOING ON, IT'S REALLY THE PUBLIC THAT'S A BENEFICIARY AND HAS A VERY VALUABLE COMPONENT THERE
I KNOW THAT EVERY COMMISSIONER HAS HAD AN OPPORTUNITY TO REVIEW AND RESPOND AND TO PUT THEIR OWN FINGERPRINTS ON THIS AND I'M GRATEFUL FOR THAT AS WELL
SO LET'S OPEN IT UP TO COMMISSIONER COMMENTS
WOULD YOU LIKE ME TO CALL THE ROLL? YEAH
WE WILL START WITH COMMISSIONER COMMISSIONER BOWMAN
THANK YOU
I JUST WANT TO ECHO MY THANKS OF MICHELLE AND HER STAFF AND TALKING WITH ALL OF US AND GETTING OUR INPUT AND REALLY HAVING AN EAGLE EYE ON THIS PROCESS
SO I AM HAPPY TO MOVE FORWARD AS INTRODUCED
THANK YOU
AND THANK YOU AS WELL COMMISSIONER STEINBREUCK
I APPRECIATE THE COMMENT
NEXT TO COMMISSIONER CALKINS
ANY QUESTIONS? I THINK I'M GOING TO HOLD COMMENTS AND UNTIL WE BEGIN TO ADDRESS SOME OF THE SPECIFIC AMENDMENTS
THANK YOU
COMMISSIONER CHO
NO GENERAL QUESTIONS
THANK YOU MICHELLE FOR TACKLING THIS
I REMEMBER WHEN I FIRST CAME IN THE COMMISSION AND OUR PREVIOUS CLERK TRIED TO GET THIS THROUGH
I THINK YOU HIT THE GROUND RUNNING AND I APPRECIATE ALL THE EFFORT YOU PUT INTO IT
THANK YOU
AND COMMISSIONER FELLEMAN
IS COMMISSIONER FELLEMAN STILL ON THE LINE? IT CAN'T BE THAT BORING COMMISSIONER
[LAUGHTER] YOU CAN HEAR ME NOW? YES WE CAN
ALL RIGHT
THANK YOU
YOU DID A GOOD JOB OF MUTING ME
SO ANYWAY, JUST MICHELLE, YOUR YOUR SPIRIT AND YOUR DUE DILIGENCE MAKING SOMETHING THAT COULD BE ALMOST AS FUN AS WATCHING PAINT DRY IS REALLY A VALUABLE EXPERIENCE
HELPING US TO UNDERSTAND THE SUBSTANCE OF THE CHANGE AS WELL AS BEING VERY OPEN TO MAKING WHAT WE WANT TO GET DONE LEGALLY AND APPROPRIATELY POSSIBLE
SO JUST THANK YOU AGAIN
THANK YOU
COMMISSIONER STEINBREUCK, AT THIS POINT IN TIME WE CAN MOVE THE MAIN MOTION ON THE FLOOR AND THEN THUS BEGIN DEBATE
I WILL ENTERTAIN A MOTION AND A SECOND TO RESOLUTION 3778
SO MOVED
IS THERE A SECOND? SECOND
OKAY
IT'S BEEN MOVED AND SECONDED
THANK YOU
AND THEN AT THIS TIME IF WE COULD GET THE AMENDMENT PACKAGE, AMENDMENTS ONE THROUGH FOUR, ON THE FLOOR AS WELL
I'LL ASK FOR A MOTION TO AMEND THE MAIN MOTION
WE'LL NEED A SECOND TO ADOPT AMENDMENTS ONE THROUGH FOUR AS A PACKAGE AMENDMENT TO RESOLUTION 3778
SO MOVED
SECONDED
GOOD
IT'S BEEN MOVED AND SECONDED
I WAS JUST GOING TO SAY AT THIS TIME WE'RE OPEN FOR DEBATE ON THE PACKAGE OF AMENDMENTS AS WELL AS THE MAIN MOTION
LET'S FOCUS ON THE PACKAGE OF AMENDMENTS AT THIS TIME
ALL RIGHT
AND WOULD YOU LIKE ME TO GO THROUGH ROLL AGAIN, COMMISSIONER STEINBREUCK? YES, PLEASE
WE CAN NOW WRITE TO THE AMENDMENTS PACKAGE I SHOULD SAY
YES
COMMISSIONER BOWMAN
I HAVE NO NO ISSUES TO DEBATE
JUST MAYBE FOR GREATER TRANSPARENCY ABOUT THE TWO AMENDMENTS THAT I PROPOSED
NUMBER ONE ON THE TRAVEL WAS I KNOW THAT THIS IS IN THE SPIRIT OF HOW WE OPERATE AS COLLEAGUES AND PROVIDING TRANSPARENCY TO THE PUBLIC ABOUT WHERE WE GO ON THE PORT'S BEHALF
I JUST THINK IT'S IMPORTANT TO CALL OUT A PRIORITIZATION OF TRAVEL THAT PRIORITISES CURRENT LINES OF BUSINESS
AS ANYBODY THAT'S WATCHED OUR COMMISSION MEETINGS KNOWS AND HOPEFULLY UNDERSTANDS BY NOW IT'S AN INCREDIBLY COMPLEX SET OF BUSINESSES
BETWEEN THE AIRPORT, THE MARINE CARGO TERMINALS, AND CRUISE TO SAY THE LEAST AND SO IT TAKES COMMISSIONERS A COUPLE OF YEARS TO REALLY START TO UNDERSTAND THOSE LINES OF BUSINESS AND I THINK WE ALL BENEFIT AND THE PUBLIC DOES MOST IMPORTANTLY FROM OUR INCREASED KNOWLEDGE AND RELATIONSHIPS WITHIN THOSE
SO I THINK THE MORE THAT WE CAN TAKE THE OPPORTUNITY TO UNDERSTAND WHERE THOSE INDUSTRIES ARE GOING AND REPORT BACK TO THE PUBLIC ABOUT WHAT WE'VE LEARNED THAT IS THE SPIRIT OF THOSE AMENDMENTS
AND THEN REGARDING THE 48 HOURS IN TERMS OF AMENDMENTS TO MOTIONS THAT COME BEFORE THE COMMISSION, IT'S JUST AGAIN TO PROVIDE A LITTLE BIT MORE TRANSPARENCY AND GIVE US A LITTLE BIT MORE TIME TO WORK ON THINGS TOGETHER
THAT'S IT
ALL RIGHT
THANK YOU
AND NEXT WE WILL GO TO COMMISSIONER CALKINS
ANY QUESTIONS ABOUT AMENDMENTS? NO, I MEAN I THINK THIS HAS BEEN AN EXCELLENT PROCESS
ON THE AMENDMENTS IN PARTICULAR I AM CURIOUS TO HEAR KIND OF WHETHER WE'VE GOT THE VOTES ON ALL OF THEM
I HOPE WE DO BECAUSE I THINK THEY'RE REALLY WELL WRITTEN AND THEY CLEAN UP PARTS OF THE BYLAWS THAT WERE SOMEWHAT UNCLEAR POSSIBLY IN CONFLICT
I KNOW THERE HAS BEEN ROBUST DISCUSSION AROUND THE RELATED TO ABSTENTIONS
AND SO IF THERE ARE OTHERS WHO INTEND TO COMMENT ON THAT, I'D BE INTERESTED IN THAT CONVERSATION
I THINK IT'S SOMETHING THAT I'VE SPENT A FAIR BIT OF TIME ALMOST PHILOSOPHICALLY THINKING TRYING [INAUDIBLE] AND SO FAR I HAVE NOT BEEN ABLE TO COME UP WITH ONE WHERE A SIMPLE UP DOWN VOTE OR RECUSAL WOULDN'T BE ENOUGH, BUT I AM CURIOUS TO HEAR OTHERS' OPINIONS ON THIS
ALL RIGHT
WITH THAT WE'LL MOVE ON TO COMMISSIONER CHO
SORRY, NO, I DON'T HAVE ANY
WELL, ACTUALLY I SHOULD ASK IS THE TERM LIMIT WE'RE PUTTING INTO THE RULES RETROACTIVE? TERM LIMITS FOR THE COMMITTEE TERMS? NO, NOT RETROACTIVE
IT WOULD BE EFFECTIVE UPON ADOPTION OF THIS RESOLUTION
OKAY
THANK YOU
THAT'S ALL I HAD
ALL RIGHT, THEN MOVING TO COMMISSIONER FELLEMAN
THANK YOU
I JUST WOULD LIKE TO SUPPORT ALL THE AMENDMENTS
I JUST LIKE TO CLARIFY THE REASON FOR BEING EXPLICIT THAT THE AUDIT DIRECTOR IS A DUAL REPORT IS JUST THAT THEIR ROLE FOR THE COMMISSION, ITS ROLE IS ESSENTIAL FOR PROVIDING THAT OVERSIGHT AND GETTING INTO THE DETAILS WITH DIRECTION FROM THE AUDIT COMMITTEE THROUGH THE COMMISSION AND THAT SOMETIMES THAT VERY ROLE CAN BE CHALLENGING AND TO MAKE IT CLEAR THAT WE BOTH DO THE EVALUATION OF THE WORK OF THIS PERSON IS I THINK VERY IMPORTANT THAT THEY FEEL SUPPORTED TO CONTINUE TO DO INVESTIGATIONS THAT SOMETIMES MIGHT BE CHALLENGING
ALL RIGHT
THANK YOU COMMISSIONER FELLEMAN
AND THEN COMMISSIONER STEINBREUCK
I HAVE NO ADDITIONAL COMMENTS ON THE AMENDMENTS
IT SOUNDS LIKE AT THIS TIME WE CAN WE HAVE A COUPLE OF DIFFERENT OPTIONS, COMMISSION PRESIDENT
WE CAN RUN THROUGH ONE MORE TIME FOR ANY OTHER COMMENTS OR QUESTIONS OR WE CAN GO FOR A VOTE ON AMENDMENTS ONE THROUGH FOUR AT THIS TIME
I WOULD LIKE TO PROPOSE THAT WE VOTE NOW ON AMENDMENTS ONE THROUGH FOUR AND GET ON WITH IT
RIGHT
NO SIR, NO HANDS UP
OKAY
ALRIGHT, SO ON THE VOTE OF APPROVING AMENDMENTS ONE THROUGH FOUR, IS THAT THE QUESTION IN FRONT OF US? THAT IS THE PRIMARY AMENDMENT QUESTIONS ONE THROUGH FOUR AND I THINK I JUST HEARD COMMISSIONER FELLEMAN
OKAY
NO, I DIDN'T SAY ANYTHING
I'M GOOD
THANK YOU
IT'S ALREADY BEEN MOVED AND SECONDED
YES FOR THE PRIMARY AMENDMENT
LET'S DO THE ROLL CALL THEN
YES
ALL RIGHT
STARTING WITH COMMISSIONER BOWMAN
AYE
COMMISSIONER CALKINS
AYE
COMMISSIONER CHO
AYE
COMMISSIONER FELLEMAN
AYE
COMMISSIONER STEINBREUCK
YES
ALL RIGHT
THERE ARE FIVE YEAS ON THE QUESTION OF AMENDMENTS ONE THROUGH FOUR
THE AMENDMENT PASSES
THANK YOU, COMMISSIONER STEINBREUCK
WE ARE NOW AT THE MAIN MOTION AS AMENDED
YES
AND AT THIS POINT WE COULD TAKE ADDITIONAL COMMENT ON THE MAIN MOTION AS AMENDED
CLERK
PLEASE CALL THE ROLL
AM I CALLING THE ROLL FOR QUESTIONS? YES, FOR COMMENT QUESTIONS
OKAY COMMISSIONER BOWMAN
NO FURTHER COMMENTS
THANK YOU
COMMISSIONER CALKINS
NONE FOR ME EITHER
COMMISSIONER CHO
I'M GOOD
THANK YOU
COMMISSIONER FELLEMAN
NO FURTHER QUESTIONS
AND COMMISSIONER STEINBREUCK
JUST UNDER ONE AMENDMENT REGARDING COMMITTEE ROTATION
I DON'T THINK I NEED TO ARTICULATE THE RATIONALE FOR THAT
IT SHOULD BE OBVIOUS AS TO WHY WE WANT TO HAVE SOME ROTATION FROM TIME TO TIME AND THAT IT'S NOT INTENDED TO YOU KNOW TO BE RESPONSIVE TO ANY ONE COMMITTEE OR COMMISSIONER AT THIS TIME, BUT IT IS A MATTER OF PRINCIPLE THAT I THINK WE BENEFIT COLLECTIVELY BY ALL OF US SHARING IN ALL AREAS OF POLICY AND GOVERNANCE AT THE PORT
AND WE LEARN FROM EACH OTHER
SOME OF US HAVE EXPERTISE IN SOME AREAS THAT OTHERS LACK
BUT WE'RE ALL BASICALLY GENERALIST WHEN IT COMES TO THE BUSINESS OF THE PORT AND ITS MISSION AND IT'S
KNOWLEDGE IS EVER INCREASING THE LONGER YOU STAY AND WORK
SO I JUST WANTED TO POINT THAT OUT
A QUESTION WAS RAISED REGARDING RETROACTIVITY
AND I DON'T THINK THAT WAS A TOPIC THAT WAS EVER CONSIDERED IN THE CRAFTING OF THIS ROTATION PROVISION
THAT IS CORRECT, COMMISSIONER STEINBREUCK
IT WAS NOT ACTUALLY CONTEMPLATED WHEN WE CRAFTED THE PROVISION BUT AGAIN THE ENTIRE RESOLUTION AND ALL OF THE AMENDMENTS ARE EFFECTIVE AS OF THE DATE OF ADOPTION OF THIS RESOLUTION
AND THAT MAKES TOTAL SENSE
AND I THINK IDEALLY WE HAVE A COLLECTIVE, SHARED, COLLABORATIVE PROCESS AS OPPOSED TO A DICTATORIAL ONE
WE NEVER WANT TO HAVE THAT
BUT SO, YOU KNOW, THESE THINGS CAN BE WORKED OUT, YOU KNOW
COLLEGIALLY AND SHOULD BE, I THINK, AS WE PREPARE FOR THE COMING YEAR AND EACH TIME WE CONSIDER, YOU KNOW ASSIGNMENTS THERE, BUT IT'S NOT FOR THE PRESIDENT TO DICTATE, YOU KNOW WHO SERVES ON WHAT COMMITTEE BUT TO RATHER LEAD THE COLLABORATIVE PROCESS THAT HOPEFULLY WE CAN ALL SUPPORT WITH REGARD TO THOSE ASSIGNMENTS
SO THAT'S ALL I WANT TO SAY ABOUT THAT
THANK YOU
THE MAIN MOTION AS AMENDED IS BEFORE US
OKAY
ALL RIGHT, SO WE WILL GO BY ROLL CALL ONE MORE TIME AND STARTING WITH COMMISSIONER BOWMAN FOR THE APPROVAL OF THE MAIN MOTION AS AMENDED
RIGHT, AYE
COMMISSIONER CALKINS
SORRY, I'M NOT SO QUICK ON MY UNMUTE
AYE
COMMISSIONER CHO
AYE
COMMISSIONER FELLEMAN
AYE
AND COMMISSIONER STEINBREUCK
YES
THERE ARE FIVE YEAS
THE MOTION AS AMENDED PASSES
OKAY, SO WE HAVE A NEW SET OF BYLAWS AGAIN
THANKS TO ALL FOR THEIR HARD WORK AND HEAVY LIFTING ESPECIALLY TO MICHELLE OUR MUNICIPAL PORT CLERK
IT HAS I THINK RESULTED IN A VERY POSITIVE OUTCOME THAT I'M VERY PLEASED
SO, THANK YOU ALL
WITH THAT WE CAN MOVE ON TO OUR FINAL ITEM ON THE AGENDA, WHICH THE CLERK WILL READ INTO THE RECORD
THANK YOU
THAT IS ITEM 9A THE DRAFT STATE LEGISLATIVE AGENDA FOR 2021
OKAY, DIRECTOR METRUCK
COMMISSIONERS, STAFF HAS WORKED WITH YOU AND THE STAFF ACROSS THE PORT TO DRAFT AN AGENDA THAT WILL GUIDE OUR EFFORTS DURING THE 2021 STATE LEGISLATIVE SESSION
WE LOOK FORWARD TO YOUR FEEDBACK
THE PRESENTERS ARE ERIC FITCH, MANAGER STATE GOVERNMENT RELATIONS AND TREND HOUSE CONTRACT LOBBYISTS
I'LL TURN IT OVER TO ERIC TO KICK US OFF
THANK YOU, EXECUTIVE DIRECTOR METRUCK AND MEMBERS OF THE COMMISSION
ALWAYS A PLEASURE TO BE BEFORE YOU
BEFORE I BEGIN I WANT TO MAKE SURE I SEE TRENT OUR CONTRACT LOBBYIST HAS JOINED US
I WANT TO MAKE SURE HE'S ABLE TO SPEAK AS WELL
LAUREN IS HE ON THE SCREEN? MUTED? I SEE HIM AND EVERYBODY CAN UNMUTE THEMSELVES
IT LOOKS LIKE HE IS
TRENT, ARE YOU THERE? I AM
THANK YOU
ALL RIGHT
SO JUST I KNOW WE'RE LAST ON THE AGENDA
I'LL DISPENSE WITH THE SORT OF STANDARD PREAMBLE
THIS IS PART OF OUR REGULAR ANNUAL UPDATE TO THE STATE LEGISLATIVE AGENDA WITH AN EYE TOWARD THE 2021 SESSION, OF COURSE HAPPENING IN A VERY ABNORMAL TIME, HENCE, YOU'LL SEE PRIMARILY CHANGES TO THE PRIORITY AGENDA ITEMS SECTION THAT REFLECT OUR RECOMMENDATION AND I THINK THE STANDARD CONVENTION ON MOST PUBLIC ENTITIES AND PRIVATE ENTITIES TO UPDATE THEIR AGENDAS TO REFLECT THE URGENT NEED FOR A STATEWIDE ECONOMIC RECOVERY AND RESPONSE TO THE GLOBAL PANDEMIC AND THE WORLDWIDE CALL FOR SOCIAL JUSTICE
SO BEFORE WE TURN TO THE SPECIFICS OF THE AGENDA, I WANT TRENT TO BEGIN WITH A BRIEF OLYMPIA PREVIEW
LAUREN IF YOU COULD MOVE TO SLIDE TWO I'LL HAND IT TO TRENT TO TAKE US TOWARD THE 2021 SESSION, RIGHT? THANK YOU ERIC, COMMISSION PRESIDENT STEINBREUCK, EXECUTIVE DIRECTOR METRUCK, COMMISSIONERS
TRENT HOUSE, I'M THE LOBBYIST FOR THE PORT OF SEATTLE
GREAT TO BE BEFORE YOU TODAY
ERIC HAS ASKED THAT I PROVIDE A FEW THOUGHTS TO YOU ABOUT THE UPCOMING SESSION
WITHOUT A SURPRISE I'M SURE TO THIS GROUP OLYMPIA WILL BE STRUGGLING WITH TAX COLLECTIONS AND BUDGET SHORTFALLS IN THE 2021 SESSION
THIS IS A LONG HUNDRED AND FIVE DAY SESSION IN WHICH THEY WILL NEED TO DRAFT BOTH NEW OPERATING AND CAPITAL BUDGETS AS WELL AS A NEW TRANSPORTATION BUDGET
SOME GOOD NEWS IN SOME OF ALL OF THIS THE MOST RECENT FORECAST FROM THE STATE, WHILE IT STILL SHOWS A PRETTY SIGNIFICANT DEFICIT, HAS CUT THEIR DEFICIT IN HALF
SO BACK IN JUNE WHEN THE ECONOMIC FORECAST COUNCIL INITIALLY MET AND LOOKED AT THE TAX RECEIPTS GIVEN THE COVID PANDEMIC, THEY ESTIMATED THAT BETWEEN NOW AND THE END OF 2023 FISCAL YEAR, THE STATE OF WASHINGTON WOULD BE SHORT ABOUT 8.8 BILLION DOLLARS
A STAGGERING NUMBER NOT ONE THAT I'VE HEARD IN MY 25 YEARS IN OLYMPIA
FORTUNATELY, THE SEPTEMBER FORECAST WAS UPDATED
THAT NUMBER WAS CUT IN HALF TO ABOUT 4.5 BILLION DOLLARS
THERE WAS SOME CAVEATS WITH THAT IN THAT THEY SUGGESTED THAT SOME OF THAT ECONOMIC GROWTH COULD HAVE BEEN BECAUSE OF THE FEDERAL STIMULUS PROGRAMS AND WITHOUT ACTION BY THE FEDERAL GOVERNMENT RECENTLY ON A SECOND ROUND OF FEDERAL STIMULUS, THERE IS SOME CONCERN THAT THAT NUMBER MAY START TO CREEP BACK UP
BUT AT THE MOMENT 4.5 BILLION DOLLAR SHORTFALL
THE OTHER BIG QUESTION FOR THE 2021 SESSION IS GOING TO BE HOW THEY WILL MEET
THERE IS A LOT OF CONCERN ABOUT WHETHER OR NOT THEY CAN MEET IN PUBLIC SAFELY
AND THEREFORE IT WOULD APPEAR AS THOUGH THEY'RE TAKING EVERY EFFORT THEY CAN TO MAKE THE 21 SESSION A VIRTUAL SESSION
THERE'S SOME TECHNOLOGY CHALLENGES WITH THAT WHEN WE NEED TO DO FLOOR VOTES AND AMENDMENTS
SOMETHING THE COMMISSION'S VERY FAMILIAR WITH
UM THAT SAID THEY WILL PROBABLY COME TO TOWN OR AT LEAST THE PLAN IS AT THIS POINT IS TO COME TO TOWN, PASS SOME RULES THAT WOULD ALLOW THEM THEN TO CONDUCT THEIR BUSINESS VIRTUALLY
THEY WILL PROBABLY CONDUCT AS MANY PUBLIC HEARINGS AND ONE-ON-ONE CONSTITUENT MEETINGS AND LOBBYISTS MEETINGS VIRTUALLY
AND THEN THERE'S STILL SOME DEBATE ABOUT WHETHER OR NOT THEY CAN DO VIRTUAL FLOOR VOTES
SO THEY'RE STILL WORKING THROUGH THAT PROCESS AND WILL KEEP YOU UPDATED ON THAT PROGRESS AS WE GET CLOSER TO THE SESSION
AND THEN FINALLY, OF COURSE ALL OF THIS HINGES A BIT ON WHAT HAPPENS A WEEK FROM TODAY WHEN WE HAVE OUR GENERAL ELECTION AND CLEARLY WHOEVER THOSE LAWMAKERS ARE AFTER THE VOTERS HAVE SENT IN THEIR BALLOTS WILL BE THE PEOPLE MAKING THE DECISIONS AROUND OUR LEGISLATIVE AGENDA
SO WE'VE BEEN GETTING READY TO REACH OUT TO LAWMAKERS AND HAVE THOSE CONVERSATIONS FOLLOWING THE NOVEMBER ELECTION
WITH THAT ERIC, BE HAPPY TO CHAT ABOUT ANYTHING ELSE OR ANSWER ANY QUESTIONS OR BACK OVER HERE
YEAH, THAT'S GREAT
AND I ASKEDT RENT TO BE BRIEFED ON THE ELECTION OUTCOMES PORTION BECAUSE WE'RE BACK BEFORE YOU ON NOVEMBER 17TH TO ASK FOR ADOPTION OF THIS AGENDA
AND THEREFORE THAT'LL GIVE US A CHANCE TO TALK A BIT MORE ABOUT WHAT THE OUTLOOK IS FOLLOWING THE RESULTS OF THE NOVEMBER 3RD ELECTION
SO I'M EAGER TO JUMP INTO THE ACTUAL CONTENT
I'LL JUST BRIEFLY NOTE AS YOU ALL KNOW THAT THIS AGENDA IS INTENDED TO TAKE WHAT PROGRESS YOU MADE LAST SESSION, UPDATE IT ALSO TO REFLECT ONGOING WORK WE HAVE AND THEN ISSUES THAT WE SUGGEST MIGHT COME BEFORE THE LEGISLATURE WHICH WE WANT TO ENGAGE ON
AND THEN OF COURSE AS I MENTIONED, WE'VE UPDATED THE AGENDA TO REFLECT THE CRITICAL FOCUS ACROSS THE BOARD ON COVID-19 AND SOCIAL INJUSTICE
LAUREN, WOULD YOU GO TO SLIDE THREE, PLEASE? YOU ALL HAVE SEEN THIS IN VARIOUS FORMS THIS IS OUR UPDATED PRIORITY AGENDA ITEMS SECTION
SO REMEMBER WE HAVE OUR PRIORITY ISSUE AREAS, WHICH I'LL SPEND LESS TIME ON LATER
THOSE ARE OUR KIND OF CATALOG OF ITEMS THESE ARE OUR TOP PRIORITY ITEMS, THE THINGS THAT WE'LL BE BRINGING UP WITH LEGISLATORS IN OUR MEETINGS, WHICH YOU'LL ALL ENGAGE WITH AS WE TURN TOWARDS SESSION
RIGHT AT THE TOP YOU SEE BROAD-BASED, INCLUSIVE, AND EQUITABLE STATEWIDE RECOVERY
THIS IS INTENDED TO NOTE THAT EVERYONE WILL BE FOCUSED ON THIS
WE HAVE PRIORITIES WITHIN THIS AGENDA ITEM, BUT ALSO WE WANT TO NOTE THAT OUR PRIORITY IS THAT RECOVERY BE UNDERTAKEN IN A FASHION THAT IS CONSISTENT WITH THE PORT'S VALUES ,THE VALUES THAT YOU ALL HAVE LAID OUT ACKNOWLEDGING THE DISPARATE IMPACTS OF COVID-19 TO HISTORICALLY UNDERSERVED COMMUNITIES AND THE PURSUIT FOR EQUITY THAT WE HAVE IMBUED INTO ALL OF OUR WORK HERE
SPECIFICALLY WITHIN THIS STATEWIDE ECONOMIC RECOVERY AGENDA ITEM, WE CALL OUT THE NEED FOR A STATEWIDE TRANSPORTATION REVENUE PACKAGE
TRANSPORTATION INVESTMENT GROWS JOBS, PUTS PEOPLE BACK TO WORK, AND KEEPS THE ECONOMY COMPETITIVE
WE QUITE CLEARLY NOTE HERE THE NEED FOR STATE PARTNERSHIP ON THE WEST SEATTLE BRIDGE
WE ALSO NOTE THE PUGET SOUND GATEWAY PROGRAM AS A CRITICAL TRANSPORTATION INVESTMENT FROM 2015 THAT SHOULD BE CONTINUED
AND WE ALSO NOTE THE IMPACT ON TRANSIT AGENCIES FROM COVID-19 AND THE NEED FOR A TRANSPORTATION REVENUE PACKAGE TO ADDRESS NOT JUST HIGHWAY PROJECTS BUT MULTIMODAL PROJECTS THAT HELP KEEP SINGLE-OCCUPANCY VEHICLES OFF THE ROAD AND KEEP OUR FREIGHT MOVING QUICKLY
PROGRESSIVE CLIMATE ACTION HAS LONG BEEN A PRIORITY FOR THIS COMMISSION
THE LOW CARBON FUEL STANDARD HAS BEEN OUR TOP PRIORITY FOR SEVERAL YEARS
IT REMAINS A TOP PRIORITY, ESPECIALLY AS WE PRIORITIZE TRANSPORTATION INVESTMENT
PRICE ON CARBON WE EXPECT WILL BE USED AND PROMOTED BY SOME TO RAISE FUNDS FOR TRANSPORTATION PROJECTS AND WE BELIEVE IT SHOULD BE PAIRED WITH A LOW CARBON FUEL STANDARD TO BEGIN THE PROCESS OF ADDRESSING OUR STATE'S CARBON EMISSIONS
THIS IS IS LONG OVERDUE
I KNOW YOU ALL AGREE FROM AN ENVIRONMENTAL SUSTAINABILITY PERSPECTIVE
BUT ALSO WE BELIEVE THAT ENACTING PROGRESSIVE CLIMATE ACTION, LIKE A LOW CARBON FUEL STANDARD WILL SPUR INVESTMENT IN NEW ECONOMY PUTTING OUR STATE BACK TO WORK AND AND PUTTING US ON A PATH TOWARD LONG-TERM COMPETITIVENESS
BEYOND TRANSPORTATION THOUGH I WANTED TO ALSO NOTE THAT WE WANT TO RECOMMEND TO YOU ALL THAT THIS AGENDA INCLUDE LANGUAGE SUPPORTING WHAT MIGHT COME FORWARD FROM VARIOUS SECTORS AS CONSENSUS ECONOMIC RELIEF
WE SPOKE LAST WEEK, COMMISSIONER CALKINS AND I WERE ON AN AIRPORT TOUR WITH LISA BROWN FROM THE DEPARTMENT OF COMMERCE
I KNOW SENATOR DAVID FROST WHO'S THE CHAIR OF THE SPECIAL COMMITTEE ON ECONOMIC RECOVERY PRESENTED IT ON THE PUGET SOUND ECONOMIC SUMMIT A FEW MONTHS AGO
WE WANT TO BE PREPARED TO BE NIMBLE AND PARTNER WITH THEM ON PROPOSALS THAT MAY COME FORWARD
SO IT MAY BE THAT BY NOVEMBER 17TH WE CAN PRESENT MORE CLARITY
BUT THIS RESPONSE IN RELIEF IS REALLY INTENDED TO SUGGEST WE WANT TO BE THERE TO PARTNER WHEN THE TIME COMES AND WHEN THOSE PROPOSALS COME FORWARD AND I'VE CALLED OUT A COUPLE OF POTENTIAL POLICY PROPOSALS THAT MIGHT BE INCLUDED THERE
NEXT SLIDE
AND BEFORE MOVING ON TO OUR PRIORITY ISSUE AREAS, I'LL ROUND OUT THE AGENDA ITEMS SECTION
AGAIN, THESE ARE OUR TOP PRIORITY ITEMS WITH THE NOTE ABOUT EQUITY AND COMMUNITY FOCUS
AS I NOTE HERE, WE ARE NOT JUST DEALING WITH THE COVID-19 PANDEMIC, BUT WITH THE GLOBAL ESPECIALLY FOCUSED IN THE U.S
CALL FOR SOCIAL JUSTICE, AND WE HAVE BEGUN OUR OWN WORK ON POLICE REFORM AT THE PORT AND COMMISSIONER STEINBREUCK SPOKE WITH STATE REPRESENTATIVE JESSE JOHNSON AND OTHER MEMBERS OF THE LEGISLATURE I KNOW ARE WORKING ON DEVELOPING A PACKAGE OF POTENTIAL POLICE REFORM AND ACCOUNTABILITY MEASURES
WE BELIEVE THAT MOST OF THE VALUES ARTICULATED THEIR ARTICULATE OR MIRROR WHAT WE'RE WORKING ON HERE AT THE PORT
SO WE'VE PUT THIS IN OUR AGENDA SO THAT WE CAN STAND READY TO PARTNER WITH MEMBERS OF THE LEGISLATURE IN ADVANCING THAT PRIORITY IN OLYMPIA
PUBLIC CONTRACTING AND GRANT-MAKING
I JUST WANTED TO NOTE THAT THIS COMMISSION HAS LONG BEEN ON THE RECORD OF SUPPORTING THE REPEAL OF I 200
WE GOT VERY CLOSE LAST YEAR, HOWEVER INITIATIVE 1000 WHICH REPEALED THAT POLICY WAS WAS THEN OVERTURNED AT THE BALLOT BY REFERENDUM 88
SO FOR THAT REASON, WE ARE GOING TO CONTINUE WORK WITH LAWMAKERS AND PURSUE CREATIVE WAYS TO ADDRESS PUBLIC CONTRACTING AND GRANT-MAKING THAT GIVES US THE POWER TO BETTER PARTNER WITH UNDERSERVED COMMUNITIES
AND FINALLY THE LAST ONE HERE SHOULD LOOK FAMILIAR TO YOU ALL
SIMILARLY TO LAST YEAR WE'RE GOING TO PURSUE LEGISLATIVE CHANGES THAT MAKE IT EASIER FOR US TO MAKE GRANTS TO NONPROFITS FOR SMALL PUBLIC IMPROVEMENT AND PARK PROJECTS
THE LEGISLATION THAT'S REFERENCED HERE WOULD REDUCE THE REQUIRED LOCAL MATCH FOR COMMUNITY IMPROVEMENT PROGRAMS WE THINK THAT THIS FITS WITH THE ECONOMIC RESPONSE AND RECOVERY IN THAT THERE MAY BE LOCAL GOVERNMENTS WHO FACE BUDGET PRESSURES AND NO LONGER CAN FUND COMMUNITY PROJECTS AND WE STILL HAVE OUR GRANT PROGRAMS IN PLACE THAT WE WOULD LIKE TO BETTER BE ABLE TO SPEND FUNDS THROUGH THE SOUTH KING COUNTY FUND IN THE AIRPORT COMMUNITY ECOLOGY FUND WHICH THAT PROVISION WOULD MAKE POSSIBLE
I NOTE MY ABHORRENT TYPO THERE REDUCED LOCAL MATCH
SO I WILL FIX THAT BEFORE I BRING THIS TO YOU FOR ADOPTION
AND BEFORE TURNING TO THE PRIORITY ISSUE AREAS I WANT TO PAUSE AND SEE IF I GET ANY QUESTIONS OR FEEDBACK ON THIS PORTION BEFORE MOVING FORWARD
I CAN RUN THROUGH THE ROLL
YEAH, WOULD YOU PLEASE? THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
COMMISSIONER BOWMAN FOR QUESTIONS OR COMMENTS? WE'LL COME BACK
MOVING TO COMMISSIONER CALKINS
MAYBE I SHOULD PAUSE UNTIL THE END OF THE AND JUST TAKE ALL THE QUESTIONS AT THE END
WOULD THAT BE EASIER? I HAVEN'T PRESENTED IN THIS FORMAT BEFORE
WELL, LET'S GO AHEAD AND FINISH RUNNING THROUGH THE ROLE
OKAY
COMMISSIONER CALKINS? I'M SORRY, WAS THAT YOU? YEAH, I WAS JUST SAYING I'M HAPPY TO WAIT UNTIL THE END
YEAH
ALL RIGHT
DO WE WANT TO JUST HOLD UNTIL THE END COMMISSIONER STEINBREUCK OR DO WE WANT TO CONTINUE WITH THE ROLL? WELL FINISH UP SINCE WE'RE HALFWAY THROUGH
WANT TO BE FAIR TO EVERYONE
THANK YOU
I'M GOING TO GO BACK TO COMMISSIONER BOWMAN
I'M HERE
SORRY
I WAS GRABBING A GLASS OF WATER
I DON'T HAVE ANY QUESTIONS
THANK YOU COMMISSIONER CHO
NOT FOR ME
THANK YOU
COMMISSIONER FELLEMAN
I AM NOT LOOKING AT THE FULLER LIST OF PRIORITIES, BUT I KNOW THAT THEY WILL BE A MULTI AGENCY PRIORITY THIS YEAR TO GET FUNDING FOR OUR QUIET SOUND INITIATIVE FOR THE KILLER WHALES AND QUIETING OF BIG SHIPS
AND SO I KNOW WE HAVE PUT MONEY INTO THE BUDGET FOR NEXT YEAR AND I'M HOPING THAT WE WILL BE ABLE TO LEVERAGE THOSE FUNDS TO GENERATE MATCHING FUNDS
ALREADY SPOKE TO THE GOVERNOR AND LEGISLATORS ABOUT IT
AND SO I JUST DON'T KNOW IF YOU COULD HAVE PUT IT IN THE ACTUAL LIST OF PRIORITIES
IT'S YEAH, AND I WILL MAKE REFERENCE TO THAT LATER IN THE ENERGY AND ENVIRONMENT SECTION
IT IS
WE'VE UPDATED THAT SECTION TO REFLECT THE UNDERWATER NOISE QUIET SOUND WORK
SO THANK YOU FOR THAT
THANK YOU, AND THEN COMMISSIONER STEINBREUCK
I'M GOOD FOR NOW
THANKS
THANK YOU
PLEASE CONTINUE
ALL RIGHT, THANK YOU
I SHOULD HAVE CALLED THAT OUT IN ADVANCE
NEXT SLIDE LAUREN
SO AS I MENTIONED THIS TAKES US INTO THE SORT OF CATALOG OF POSITIONS, PRIORITY ISSUE AREAS SECTION
THIS ISSUE AREA, QUALITY JOBS AND SMALL BUSINESS, LARGELY IS UNCHANGED FROM LAST YEAR
HOWEVER, I DID WORK WITH THE PORT'S OFFICE OF EQUITY DIVERSITY AND INCLUSION, UPDATED SOME OF THE LANGUAGE IN THE SECTION TO REFLECT THE WORKFORCE DEVELOPMENT POLICY DIRECTIVE, WHICH THE COMMISSION ADOPTED IN JUNE
THAT INCLUDES A DEFINITION OF WHAT IS MEANT BY PORT RELATED INDUSTRIES AND ACKNOWLEDGEMENT OF THE IMPORTANCE OF ADVOCATING NOT JUST FOR STATE PARTNERSHIP AND APPRENTICESHIP, BUT ALSO PRE-APPRENTICESHIP EMPHASIZING THE IMPORTANCE OF PROMOTING A CULTURE OF RESPECT AND INCLUSION IN ADDITION TO PROTECTING BASIC LABOR STANDARDS
AND THEN MULTIPLE COMMISSIONERS, I WANTED TO NOTE, HAD EMPHASIZED OUR REDOUBLED EFFORTS ON TOURISM PROMOTION AS AN IMMEDIATE MEANS OF ECONOMIC DEVELOPMENT
AND FOR THAT REASON WHILE IT HAD PREVIOUSLY BEEN REFERENCED UNDER OUR GENERAL SUPPORT FOR REAL ECONOMIC DEVELOPMENT INITIATIVES AS A WHOLE, I'VE NOW SPECIFICALLY CALLED OUT OUR INTERESTED IN PARTNERING WITH THE STATE ON TOURISM PROMOTION
NEXT SLIDE
THE MAIN THINGS TO NOTE ON SLIDE SIX AS WE GO THERE
SORRY, THE POWERPOINT SEEMS TO BE HAVING
MICHELLE
COULD YOU GIVE UP CONTROL? OH, THERE WE GO
OKAY, SO NO CHANGES ON THIS SLIDE, BUT I'LL NOTE THE CONTINUED EMPHASIS ON THE REPEAL OF INITIATIVE 200, ESPECIALLY AS SO MANY PUBLIC ENTITIES SEEK TO ADDRESS SYSTEMIC RACISM IN OUR OWN WORK
AND THE MENTION HERE OF CONTRACTING FLEXIBILITY REFERS TO OUR PUSH ALL THE WAY BACK SINCE 2016 AND BEFORE TO AMEND SOME PUBLIC AND PROVISIONS TO GIVE US BETTER FLEXIBILITY TO PURSUE PARTNERSHIPS WITH SMALL MINORITY AND WOMEN-OWNED BUSINESS ENTERPRISES
THAT REMAINS A PRIORITY AND WE HOPE IT CAN BE ADDRESSED THIS SESSION
THE NEXT SLIDE, LAUREN AND MICHELLE, IS ANOTHER BIG CHANGE TO THE AGENDA THAT REFERS TO SOMETHING WE EXPECT TO SEE HAPPEN THIS SESSION
WE DO KNOW AND WE'VE DISCUSSED WITH ALL OF YOU THAT THERE IS LIKELY TO BE A PUSH FOR A TRANSPORTATION REVENUE PACKAGE
AS I SAID IN OUR ONE-ON-ONE MEETINGS, TYPICALLY LEGISLATORS WANT TO KNOW HOW YOU THINK THE MONEY OUGHT TO BE RAISED
HOW YOU THINK IT OUGHT TO BE SPENT
WHAT YOU SEE IN FRONT OF YOU IS OUR RECOMMENDED POSITION ON THOSE TWO QUESTIONS
WE'VE TALKED BEFORE ABOUT A PRICE ON CARBON
WE ARE ESSENTIALLY AGNOSTIC HERE AS TO WHETHER THAT'S ACHIEVED THROUGH A CARBON FEE OR CAP-AND-TRADE PROGRAM
WE WOULD LIKE TO SEE A PRICE ON CARBON AS ONE REVENUE RAISER FOR TRANSPORTATION
ROAD USAGE CHARGE IS SOMETHING THAT'S LONG BEEN DISCUSSED AS A USER FEE MODEL TO EVENTUALLY REPLACE THE GAS TAX
SO WE WOULD SUPPORT SEEING THAT COME ONLINE WITH WITH A GAS TAX INCREASE TO POTENTIALLY BRIDGE UNTIL THE ROAD USES CHARGE IS FULLY READY TO IMPLEMENT
THE GAS TAX IS REGRESSIVE AS MANY HAVE NOTED
ROAD USAGE CHARGES EXPECTED TO BE LESS SO
AND THEN ON THE INVESTMENT SIDE, WEST SEATTLE BRIDGE, AGAIN TOP PRIORITY
CONTINUED SUPPORT FOR CRITICAL FREIGHT ROUTES, LIKE THE PUGET SOUND GATEWAY
I MENTIONED BEFORE
INVESTMENTS IN TRANSIT, A PORT SPECIFIC GRANT PROGRAM HAS BEEN INCLUDED BY TRANSPORTATION CHAIRS IN PRIOR DRAFT TRANSPORTATION POLICY A REVENUE PACKAGES, AND WE'D LIKE TO IT MAINTAINED SO THAT PORT PROJECTS DON'T COMPETE WITH HIGHWAY PROJECTS FOR LIMITED FUNDING
AND THEN THE FINAL BULLET SUGGESTS THE NEED TO PRIORITIZE FREIGHT AND ALONGSIDE PASSENGER TRAVEL INVESTMENTS TO PROMOTE ECONOMIC COMPETITIVENESS
SO THERE YOU HAVE THE STAFF RECOMMENDATIONS FOR A TRANSPORTATION REVENUE PACKAGE
NEXT SLIDE, PLEASE
IN THE NEXT COUPLE OF SLIDES I WANTED TO JUST CALL OUT A COUPLE THINGS YOU WON'T HAVE SEEN BUT THEY'RE NOT NEW
I'VE MOVED EXPORT COMPETITIVENESS AND LAND USE INTO THE TRANSPORTATION AND COMPETITIVENESS SIDE
THEY'VE ALL BEEN IN PRIOR LEGISLATIVE AGENDAS
THEY REMAIN PRIORITIES FOR US
WE WILL DEFINITELY CONTINUE TO SEEK STATE PARTNERSHIP ON EXPORT PROMOTION, ESPECIALLY WITH THE DEPARTMENT OF COMMERCE AND WE WILL CONTINUE MONITORING PROPOSALS TO THE GROWTH MANAGEMENT ACT TO ENSURE THAT WE CONTINUE TO PROTECT CRITICAL INDUSTRIAL LANDS AND THE TRADE GATEWAYS THAT THEY SUPPORT
SO LAUREN OR MICHELLE IF YOU COULD ADVANCE IT ONE MORE SLIDE
AS YOU CAN SEE HERE, THE PRIORITIES THAT YOU ADOPTED LAST YEAR UNCHANGED
AND ONE MORE SLIDE TO SEE WHERE WE'VE PUT LAND USE NOW AS PART OF THIS TRANSPORTATION AND COMPETITIVENESS ISSUE AREA WHERE I DO THINK IT FITS
NOW, NEXT SLIDE LAUREN
HERE'S THE ENERGY AND ENVIRONMENT ISSUE AREA
SIMILAR TO TRANSPORTATION AND COMPETITIVENESS, IT'S ALMOST ENTIRELY UNCHANGED FROM PRIOR YEARS
YOU SHOULD RECOGNIZE OUR EMPHASIS ON LOW CARBON FUELS, ON THE HEALTH OF THE MOLD AND TOXIC CONTROL ACT, ENVIRONMENTAL CLEANUP PROGRAM, ON THE CONTINUED NEED TO PROMOTE BUILDING ENERGY EFFICIENCY
THE MAIN UPDATE YOU'LL SEE THEN IS UNDER THE PUGET SOUND HEALTH BULLET AND THIS IS WHERE WE NOTE THE NEED FOR PARTNERSHIP ON UNDERWATER NOISE
SO COMMISSIONER FELLEMAN, I KNOW YOU'VE DONE A LOT OF WORK IN THIS AREA AND TRENT AND I WILL PLAN TO HAVE CONVERSATIONS WITH PARTNER AGENCIES IN OLYMPIA ABOUT ENSURING THAT THEY CAN COME TO THE TABLE WITH US ON THAT CRITICAL NEED
AND THEN FINALLY IF YOU'LL MOVE TO THE NEXT SLIDE
YOU'LL SEE OUR STANDARD AVIATION FUELS HERE ON SLIDE 12
AND OF COURSE MARITIME BLUE AS WE ALL CONTINUE TO DISCUSS THE MEANS OF ACHIEVING MARITIME DECARBONIZATION
AND THEN NEXT SLIDE, PLEASE
THE FINAL TWO SLIDES ARE THE TAX GOVERNANCE AND TECHNOLOGY ISSUE AREA
I'LL JUST CALL OUT A COUPLE THINGS HERE
OF COURSE BROADBAND HAS BEEN RAISED WITH ME BY SEVERAL COMMISSIONERS
I'VE ASKED JAMES THOMPSON AT WPPA WHO'S SORT OF THE SUBJECT MATTER EXPERT ON PORTS AND BROADBAND TO BE PREPARED TO COME SPEAK WITH THE COMMISSIONERS ABOUT THEIR INTEREST IN BROADBAND
IT WILL REMAIN ON AN ISSUE THAT WE TRACK IN THE LEGISLATURE
AND NEXT SLIDE, LAUREN
THERE'S ONE NEW ITEM ON HERE REFERRING TO SOME STAFF INTEREST IN MAKING SMALL CHANGES TO HOW PUBLIC ENTITIES DISPERSE BELONGINGS LEFT IN LOST AND FOUND
THE BIG QUESTION THERE TO GET TO COMMENTS EARLIER WITH LIMITED TIME IN A VIRTUAL SESSION IT MAY BE THAT THE THERE'S AN ATTEMPT TO LIMIT THE UNIVERSE OF BILLS TO THOSE THAT ARE DIRECTLY TIED TO COVID-19 ECONOMIC RECOVERY AND SOCIAL JUSTICE
SO THIS MAY BE SOMETHING THAT WE HAVE TO BEGIN TALKING ABOUT THIS SESSION AND THEN MOVE FORWARD AND LATER SESSIONS, BUT WE'RE GOING TO BEGIN THOSE CONVERSATIONS
AND NOW TO NEXT STEPS AND QUESTIONS
LAUREN, IF YOU'LL
ONE MORE
THANK YOU
SO TODAY WE'RE HERE BRIEFING YOU IN PUBLIC SESSION
BETWEEN NOW AND NOVEMBER 17TH WE WILL INCORPORATE ANY FEEDBACK WE RECEIVE FROM YOU ALL AND OBVIOUSLY FROM OUR CONSTITUENT DEPARTMENTS AS WELL
ON NOVEMBER 17TH WE WILL APPEAR BEFORE YOU AND SEEKING COMMISSION ADOPTION
BEGINNING PRETTY MUCH THAT WEEK THROUGH DECEMBER, ONCE THE LEGISLATORS HAVE HAD A WEEK OR SO TO RECOVER FROM THE ELECTION WE WILL BE BRINGING YOU ALL OUT TO MEETINGS, WELL VIRTUAL MEETINGS WITH LEGISLATORS, INCLUDING A LOW CARBON FUEL STANDARD, ON THE TRANSPORTATION REVENUE PACKAGE, ON ANY NUMBER OF ISSUES RELATED TO STATEWIDE ECONOMIC RECOVERY SO THAT OUR KEY LEGISLATORS KNOW WHERE WE STAND AS WE GO INTO SESSION
AND THEN OF COURSE, JANUARY 11TH, 2021 IS THE FIRST DAY OF THE STATE LEGISLATIVE SESSION FOR 2021
I WILL NOW PAUSE AND STAND FOR QUESTIONS AND TRENT AND I ARE BOTH AVAILABLE FOR QUESTIONS
THANKS
CLERK HART, LET'S DO THE ROLL CALL
THANK YOU
BEGINNING WITH COMMISSIONER BOWMAN
THANK YOU, ERIC
THANKS AGAIN FOR THE REALLY COMPREHENSIVE AGENDA
AND AS YOU SAID, IT'S REALLY BASED ON THINGS WE'VE DONE IN PREVIOUS YEARS
I APPRECIATE THE ENORMOUS TASK AHEAD OF YOU MOVING THIS FORWARD THIS YEAR
SO WE'RE HERE AS A RESOURCE
SO, PLEASE LET US KNOW WHAT WE CAN DO TO HELP
THANK YOU
THANK YOU
MOVING TO COMMISSIONER CALKINS
THANKS, MICHELLE, ERIC AND TRENT
THANK YOU SO MUCH
WE'VE BEEN SPEAKING THROUGHOUT THE YEAR ABOUT THE CHANGE TO THIS LEGISLATIVE AGENDA AS LIFE HAS THROWN US SO MANY CURVEBALLS THIS YEAR FOR SURE
I'M REALLY PLEASED TO SEE THE EMPHASIS ON ECONOMIC RECOVERY
I THINK THAT IS OUR PRINCIPAL MISSION AS AN ECONOMIC DEVELOPMENT AGENCY IN THIS COMING PERIOD AND SO BEING REALLY ATTUNED TO WHAT THE STATE'S INTENDING TO DO THROUGH LEGISLATURE WILL HELP US I THINK TO RESPOND NIMBLY TO THEIR STRATEGY
AND ALSO I THINK PARTICULARLY WITH REGARD TO COVID I THINK THAT FAIRLY NOVEL TOPIC OF BROADBAND IS GIVEN A LOT OF NEW INTEREST BECAUSE OF THE OBVIOUS NEED FOR OUR STUDENTS TO BE ABLE TO ACCESS BROADBAND IN THEIR HOMES, FOR OUR TEACHERS AND OTHER ESSENTIAL WORKERS WHO CAN WORK FROM HOME TO BE ABLE TO HAVE ACCESS TO HIGH-QUALITY INTERNET FROM HOME
I THINK IT'S VIRTUALLY CONSENSUS NOW THAT HIGH QUALITY INTERNET IS A UTILITY FOR US
WE NEED IT FOR SO MANY THINGS
WE NEED IT FOR OUR TELEHEALTH APPOINTMENTS
WE NEED IT FOR OUR CHILDREN'S EDUCATION
YOU NEED TO BE ABLE TO SUCCESSFULLY INNOVATE IN BUSINESS
AND SO TO THE EXTENT THAT PORTS CAN HELP PLAY A ROLE IN THAT I THINK WE STAND READY AND I SAY THAT NOT JUST AS A PORT OF SEATTLE COMMISSIONER, BUT ALSO AS A MEMBER OF THE EXECUTIVE COMMITTEE OF THE WASHINGTON PUBLIC PORTS ASSOCIATION
AND SO I ALSO WANT TO MENTION THAT I AM REALLY PLEASED WITH THE WORK YOU GUYS ARE DOING TO KEEP TRACK OF THE ISSUES THAT MAY IMPACT OUR GROUND TRANSPORTATION ACCESS PLAN AT THE AIRPORT WHICH WHILE IT HAS BEEN SLOW DOWN A LITTLE BIT AS A RESULT OF COVID, IT IS STILL SOMETHING THAT IS A REALLY HIGH PRIORITY FOR US
SO THAT'S EVERYTHING FROM QUESTIONS AROUND THE COMPENSATION OF GIG WORKERS IN OUR ECONOMY, TO OUR ABILITY TO LEVY AN ACCESS FEE IF NECESSARY ON VEHICLES COMING AND GOING ACCESSING OUR FACILITY, TO A WHOLE HOST OF OTHER THINGS RELATED TO SUSTAINABILITY
AND FINALLY, I'M ONE OF THE COMMISSIONERS WORKING WITH THE TASK FORCE ON POLICE ACCOUNTABILITY
I'M REALLY PLEASED TO HEAR THAT WE ARE ON TOP OF THE EFFORTS AT THE STATE LEVEL TO ADDRESS SOME OF THE LOOPHOLES AND MISSING PIECES AND IMPROVEMENTS TO POLICE
ABILITY AND I THINK WE'RE GOING TO HAVE OUR OWN
WE'VE ALREADY BEEN ENGAGED IN CONVERSATIONS WITH KEY LEGISLATORS ABOUT THAT
BUT I THINK THERE WILL BE SOME ADDITIONAL FINDINGS THAT COME OUT OF THE ACCOUNTABILITY TASK FORCE THAT WE PUT TOGETHER FOR THIS YEAR AND NEXT
SO I THANK YOU AGAIN SO MUCH
VERY GOOD
THANK YOU AND I'LL JUST NOTE THAT YEAH, I INTEND TO GET YOU AND COMMISSIONER STEINBREUCK IN FRONT OF
THERE'S A WHOLE GROUP OF LEGISLATORS IN THE HOUSE AND SENATE WORKING ON THOSE POLICE REFORMS AND ACCOUNTABILITY
SO THAT WILL BE ON OUR LIST OF MEETINGS BETWEEN NOW AND JANUARY
THANK YOU, AND THEN MOVING TO COMMISSIONER CHO
I DON'T HAVE TOO MUCH TO ADD OR ASK
I'M GOING TO KIND OF LOOK OVER THIS A LITTLE MORE THOROUGHLY BETWEEN NOW AND WHEN WE ADOPT THEM, I APPRECIATE ALL THE WORK YOU'VE DONE ON THEM
THANKS
THANKS
THANK YOU
COMMISSIONER FELLEMAN
AS ALWAYS ERIC, YOU'RE ABLE TO ARTICULATE AND I APPRECIATE YOUR CHARACTERISATION OF THIS AGENDA
VERY MUCH APPRECIATE YOU ACTUALLY GET BACK TO PROMOTING TOURISM
HOPEFULLY NOT TOO DISTANT IN THE FUTURE
IN REGARDS TO BROADBAND, I WAS ON THIS NAVIGATING SUSTAINABILITY PROGRAM THAT WAS ORGANIZED WITH YOU KNOW, WITH A COUPLE OF GOVERNORS AND IN MAKING THE RECOMMENDATIONS OF THAT REPORT, WHICH SHOULD COME OUT VERY SOON, IS THIS ISSUE THAT
I HAD TO ACTUALLY REALLY PUSH TO MAKE THE CASE THAT SEEMS SO OBVIOUS THAT RYAN WAS ABLE TO ARTICULATE SO WELL, BUT IT WAS REALLY KIND OF INTERESTING THAT BUILDING BACK BETTER AND IT WASN'T EVEN SEEN AS LIKE A TOP PRIORITY
AND IT SEEMS SO FUNDAMENTAL TO SO MANY THINGS THAT ARE NECESSARY FOR RECOVERY
BUT THE ONE THING IS LIKE THAT THE NEED IS LIKE NOW AND AND LAYING FIBER AND THINGS LIKE THAT IS NOT ONLY EXPENSIVE, IT TAKES SOME TIME
ONE OF THE THINGS I'VE BEEN PURSUING IS LOOKING AT WAYS IN WHICH WE CAN GET GREATER PENETRATION WITH MOBILE HOTSPOTS AND FOR EXAMPLE FOR STUDENTS THAT ARE ON LOW INCOME SUBSIDIZED MEAL PROGRAMS THAT THEY GET TO TAKE HOME A MIFI, WHICH IS THE FIRST TIME I'VE EVER HEARD OF THIS, BUT YOU KNOW A PERSONAL WI-FI
I THINK IT MUST BE SOME SORT OF AN EXTENDER, BUT I WAS TRYING TO HOPEFULLY EXPLORING OUR ABILITY FOR US TO USE OUR REAL ESTATE TO MAYBE TO BE ABLE TO HAVE SOME ANTENNAS TO HAVE SOME ABILITY TO HAVE GREATER PENETRATION INTO AT LEAST KING COUNTY AS PART OF THE CLEAR PART OF ESSENTIAL COMPONENT OF ECONOMIC DEVELOPMENT
SO I JUST WOULD LIKE YOU TO EXPLORE BEYOND JUST BROADBAND FIBER TO LOOK AT ALL THESE OTHER WAYS OF GETTING INTERNET TO KIDS THIS YEAR
GREAT
THANK YOU
I MENTIONED TODAY THE COMMISSION INTEREST IN BROADBAND AFTER WE DID OUR ONE-ON-ONE
SO I WILL CHECK BACK IN WITH HIM AND I DO THINK THAT THE OBSERVATION THAT MANY OF THESE LAWMAKERS WILL BE PARTICIPATING VIRTUALLY IN SESSION
YOU KNOW, THERE WAS AN OLD SORT OF ADAGE IN DC THAT US SENATORS CARED ABOUT WHAT FLIGHTS HAD DIRECT ACCESS TO DCA BECAUSE THAT WAS HOW THEY GOT HOME AND AND THIS IS JUST A SORT OF MODERN EQUIVALENT OF THAT BECAUSE ONCE PEOPLE HAVE TROUBLE ACCESSING THEIR VIRTUAL COMMITTEE MEETINGS THEY'LL CARE A TON ABOUT BROADBAND ACCESS
SO THANK YOU FOR THAT
I'LL BE SURE TO FOLLOW UP YOU ALL ON THOSE ISSUES
AND LIKE I SAID, HOPEFULLY GET JAMES THOMPSON FROM WPPA TO GIVE US A KIND OF A LAY OF THE LAND ON THAT
SO THANK YOU FOR THAT
THANK YOU
AND THEN MOVING TO COMMISSIONER STEINBREUCK
YEAH ON THE LAST TOPIC
I THINK WE NEED TO HAVE A WHOLE LOT MORE COMMISSION DISCUSSION WHEN WE CONSIDER UNDERTAKING WHOLE NEW LINES OF UTILITY DEVELOPMENT
THERE'S LOTS OF AREAS I THINK WE'RE THE PORT'S MISSION MAY SUPPORT EXPLORATION INTO INNOVATION AND DEVELOPMENT OF NEW POTENTIAL UTILITIES BUSINESS LINES ETC
SO I WOULD PREFER THAT BE IN THE BROADER CONTEXT BECAUSE I DON'T BELIEVE WE'VE HAD NEARLY ENOUGH DISCUSSION AS TO HOW MUCH OF A PRIORITY THAT IS AT THE PORT TO BE ACTIVELY LOBBYING FOR IT
WE HAD ONE BRIEFING ON THE PART OF A RESEARCHER A COUPLE OF YEARS AGO
AND THAT WAS THE LAST TIME I HEARD ANYTHING ABOUT THE SUBJECT AND IT WASN'T REALLY ENCOURAGING IN FACT, AS A THE NOTION OF A PUBLIC BROADBAND UTILITY
SO I WOULD JUST EXPRESS A NOTE OF CAUTION THERE ABOUT INVESTING A LOT OF RESOURCE BEFORE WE HAVE A COLLECTIVE, YOU KNOW OF POSITION ON THAT
I CAN I JUST CLARIFY? YEAH, SURE
SO RIGHT NOW IT'S INCLUSION OUR AGENDA IS INTENDED TO GIVE US, TO GIVE YOU, THE FLEXIBILITY TO ADVOCATE AT THE STATE LEVEL
SO FOR EXAMPLE WHEN THE GOVERNOR FORMED A BROADBAND OFFICE, IT WAS SOMETHING THAT WE EXPRESSED SUPPORT FOR IN CONVERSATIONS WITH LEGISLATORS
A SEPARATE ISSUE WOULD BE THE PORT'S ACTUAL INVOLVEMENT OR INVESTMENT IN IT, WHICH IS MORE LIKE WHAT WE WERE RECEIVING A BRIEFING ON BACK IN 2018
SO POINT WELL TAKEN
AND IT'LL I'M SURE BE SUBJECT TO FUTURE DISCUSSION
I KNOW THAT THERE ARE HUGE CHALLENGES
WE HAD DELVED INTO THIS AT THE CITY WHEN I WAS ON THE COUNCIL HERE YEARS AGO AND WE FOLLOWED THE ACTIVITIES OF THE CITY OF TACOMA WHICH MORE OR LESS FAILED IN REGARDS TO A VIABLE PUBLIC UTILITY UNDER BROADBAND
SO THERE'S LOTS OF ISSUES
OKAY WHEN I WANTED TO ACTUALLY BRING UP TWO OTHER TOPICS AND IF I WASN'T PAYING CLOSE ENOUGH ATTENTION, PLEASE EXCUSE ME, BUT I DIDN'T HEAR ANY MENTION OF GMA
THERE IS WORK UNDERWAY GROWTH MANAGEMENT ACT
THERE'S BEEN EXTENSIVE STUDY, I THINK [INAUDIBLE] CENTER AT THE UW INVOLVED IN IT
AND THERE MAY BE SOMETHING THERE TO MAKE SOME SIGNIFICANT CHANGES TO GMA INCLUDING I THINK AN EMPHASIS ON, MORE EMPHASIS ON, DENSITY, LAND USE, AND AFFORDABLE HOUSING, BUT I THINK THAT'S SOMETHING WE ABSOLUTELY HAVE TO KEEP AN EYE ON
THERE'S BEEN ALSO FROM TIME TO TIME EFFORTS TO UNDO GROWTH MANAGEMENT ACT ON THE PART OF PROPERTY AND DEVELOPMENT INTERESTS
SO I WOULD BE CONCERNED BECAUSE IT OFFERS CONSIDERABLE DEGREE OF COMPREHENSIVE PLAN LAND USE PROTECTION FOR OUR MANUFACTURING INDUSTRIAL CENTERS IN PARTICULAR AND I DON'T WANT TO SEE US GETTING YOU KNOW, A SIDELINE ATTACK THERE THROUGH A GMA REFORM
COULDN'T AGREE MORE
CAN I RESPOND TO THAT? SO LAUREN IF YOU COULD MOVE IT BACK TO SLIDE 10, SO I DID KIND OF BREEZE THROUGH THIS BECAUSE LAND USE USED TO BE ON OUR TOP PRIORITY ITEMS PAGE
IT WAS, AS I DESCRIBED, A MATTER OF EXISTENTIAL IMPORTANCE
I MOVE D IT TO BACK TO THE TRANSPORTATION AND COMPETITIVENESS AREA
IT'S STILL A PRIORITY JUST WITH THE UPDATE TO THE FRONT PAGE REFLECTING COVID-19
I MOVED IT BACK
IT'S STILL SOMETHING I FOCUS ON PARTLY JUST TO REMIND AND GETTING THE CITY OF SEATTLE, OF COURSE, BUT ALSO DOWN IN OLYMPIA
YOU'RE RIGHT
THERE IS A REVIEW GOING ON RIGHT NOW
STAFF FROM THE PUBLIC PORTS ASSOCIATION ARE ATTENDING THOSE MEETINGS AND BRIEFING SOME OF US RELATIVELY REGULARLY
SO ABSOLUTELY
GLAD YOU MENTIONED IT
IT REMAINS A MATTER OF PRIORITY FOR ME, FOR US AND FOR OUR ENGAGEMENT WITH LEGISLATORS
SO THANK YOU FOR MENTIONING
WE CAN FOLLOW UP MORE ON THAT AND GIVEN WHAT WE'VE HEARD EARLIER TODAY ON THE, YOU KNOW, THE IMPORTANCE OF OUR MANUFACTURING INDUSTRIAL CENTERS IN TERMS OF LOW VACANCY, HIGH DEMAND, SUSTAINABLE EMPLOYMENT, HIGH-PAYING JOBS, ALL THOSE THINGS, ARE REASONS FOR US TO BE ON GUARD THERE
THE OTHER SUBJECT WAS AIRPORT WORK THAT I THINK THERE IS A DATE COMING UP
DECISION TO MAKE
YEAH THE COMMISSION ON A SIGHTING A SECOND REGIONAL AIRPORT
THAT SHOULD BE ON OUR LIST AS WELL TO MONITOR CLOSELY
I DON'T KNOW WHAT OUR ROLE WILL OR COULD MAY BE IN THAT BUT I DON'T KNOW THAT WE'LL BE STANDING BACK SILENTLY EITHER
I COULD SHARE A BRIEF UPDATE ACTUALLY, AND I'M GLAD
I'LL BE VERY QUICK AND LAUREN IF YOU GO BACK ONE MORE SLIDE TO NINE ACTUALLY
SO COORDINATED APPROACH TO REGIONAL TRANSPORTATION PLANNING INCLUDING AVIATION PLANNING IS LANGUAGE THAT I RECOMMEND INCLUDING IN THE AGENDA TWO YEARS AGO BECAUSE WE SENATORS KAISER AND REPRESENTATIVE ORWALL WERE GOING TO OPPOSE THE CONVENING OF THIS COMMERCIAL AVIATION COORDINATING COMMISSION, EXCUSE ME
IT'S WORK IS UNDERWAY, JEFFREY BROWN SITS ON THE PANEL REPRESENTING THE PORT AS A SORT OF A TECHNICAL ADVISOR
AND CLAIRE GALLAGHER AND I ARE STAFFING HIM
WE DO EXPECT AND I'M GLAD YOU MENTIONED IT
THERE IS EXPECTED TO BE A BILL THIS SESSION TO EXTEND THE DEADLINE
THAT COMMITTEE WAS SUPPOSED TO RECOMMEND SIX SITES TO THE LEGISLATURE IN JANUARY OF 2021
HOWEVER, THEY'RE GOING TO SEEK AN EXTENSION OF THAT TIMELINE
YEAH, IT'S A TOUGH PROCESS
THERE ARE MAKING GOOD HEADWAY
WE'RE LEARNING A LOT
BUT THEY DEFINITELY ARE ENCOUNTERING SOME CHALLENGES
SO I THINK IT'S LIKELY THAT I'LL COME BACK AND DISCUSS WITH EACH OF YOU WHETHER OR NOT THIS PROPOSED EXTENDED TIMELINE FITS WITH OUR STATE LEGISLATIVE AGENDA
WE DO WANT TO SEE YOU KNOW, YOU THE COMMISSION EXPRESSED SUPPORT FOR THIS BECAUSE WE UNDERSTAND THE DEMANDS ON THIS REGION FOR TRANSPORTATION FACILITIES AND WANTED TO SEE THE STATE ENGAGE IN THAT CONVERSATION AND I THINK THAT REMAINS MY RECOMMENDED POSITION FOR YOU
IT'S A MATTER OF WHAT'S ACTUALLY IN THE BILL WHEN WE SEE IT AND WHETHER IT IS SOMETHING THAT WE WOULD SUPPORT
SO I THINK WE'LL HAVE A ADDITIONAL CONVERSATIONS ONCE STAFF HAVE MORE DETAILS ABOUT WHAT WOULD BE IN THAT BILL
WELL, EXCELLENT
AND LASTLY ON THE SUBJECT OF ON THIS FRAME HERE ON THIS SLIDE
RESILIENCE
THIS ONE I THINK CAN BE INTERPRETED IN DIFFERENT WAYS
BUT WHEN I SPEAK ABOUT RESILIENCY IT'S ABOUT PROTECTION OF OUR CRITICAL INFRASTRUCTURE WITH REGARD TO CLIMATE CHANGE AND IT'S A RESPONSE TO UNSTOPPABLE OR POTENTIAL DAMAGE IF YOU WILL BY CLIMATE CHANGE TO OUR CRITICAL INFRASTRUCTURE
AND FROM THAT STANDPOINT, I THINK NOT NEARLY ENOUGH IS OCCURRING THERE
THIS WOULD TAKE, YOU KNOW, TAKE IT
BEYOND CODES BUT BASICALLY IT'S HAZARD MITIGATION
THAT'S HOW I USE THE TERM IN REFERENCE TO THE PORT'S CRITICAL INFRASTRUCTURE
AND PORTS ALL OVER THE COUNTRY ARE ALL HIGHLY VULNERABLE TO WHETHER IT BE EARTHQUAKE, FIRE, WIND, KING WAVES, YOU KNOW, ALL OF THOSE THINGS
FLOODING
AND I THINK THIS IS AN AREA THAT REALLY, AS TIME GOES ON IN OUR FIGHT, YOU KNOW TO PROTECT AGAINST CLIMATE CHANGE, THIS IS A VERY IMPORTANT AREA THAT I THINK THE LEGISLATURE NEEDS TO UNDERSTAND BETTER AS WELL
WELL, VERY GOOD
THANK YOU FOR CALLING THAT OUT
I'M SOMEWHAT ACUTELY PUT IT IN BOTH THE TRANSPORTATION AND THE ENERGY ENVIRONMENT
THAT'S GOOD
YEAH, AND IT WAS PRIORITIZED BY BY SOME MEMBERS OF OUR MARITIME AND AVIATION ENVIRONMENTAL TEAM WHO I WOULD SAY THINK ABOUT IT IN EXACTLY THE SAME YOU DO
IT'S NOT SOMETHING THAT WE HAVE A PROPOSAL WE'RE ADVANCING IN OLYMPIA BUT SOMETHING THAT WE'RE PREPARED FOR OTHERS TO ADVANCE AND WE WOULD BE ABLE TO STAND WITH THEM
SO THANK YOU FOR COMING OUT
WE GOT SOME FUNDING TO SUPPORT, YOU KNOW, I CLIMATE RESILIENCY, YOU KNOW ASSESSMENT OF OUR CRITICAL INFRASTRUCTURE FROM THE AIRPORT TO THE SEAPORT
YOU KNOW TO TO START TO MOVE IN THE DIRECTION OF MITIGATING THOSE POTENTIAL HAZARDS
BUT IT STARTS WITH AN ASSESSMENT AND WE'VE BEEN SLOW TO STEP UP THERE AND COMMIT RESOURCES TO IT
I KNOW IT'S SPOKEN A LOT ABOUT AND EVERYBODY'S AWARE OF IT THESE DAYS BUT NOT MUCH HAS HAPPENED IN MY THREE YEARS HERE
SO, OKAY
MAY I HAVE A QUICK WORD? I REALLY APPRECIATE YOUR REITERATING THIS POINT MANY TIMES
AND I THINK WOULD BE VERY VALUABLE FOR US TO MAYBE GET A PRESENTATION FROM EITHER THE U-DUB CLIMATE IMPACTS GROUP BUT THEN
AND YOU KNOW I KNOW THE CITY AND THE COUNTY HAS DONE SOME WORK
I WOULD LIKE TO SEE I'D LIKE TO SEE IT KIND OF LIKE PIECED TOGETHER A LITTLE BIT
MAYBE USE THAT TO DIRECT A MORE FOCUSED EFFORT BY THE PORT
BASED ON SOME OF
THEY KEEP ON UPDATING THE SEA LEVEL RISE ESTIMATES
SO I THINK WE COULD REALLY BENEFIT FROM LOOKING AT OUR BRETHREN AGENCIES AND THEN MOVING FORWARD WITH SOME BETTER SPECIFICITY
AND IF I COULD JUST GO WITH A COUPLE MORE OF THE THINGS
ONE WAS THE PSRC CAME OUT WITH THEIR DRAFT RECOMMENDATION OF LIKE SIX AIRPORTS, RIGHT? I MEAN, SO WE ALREADY HAVE
NO
THE PSRC STUDY IS NOT RECOMMENDED SITES
IT'S NOT RECOMMENDING SITES
AGAIN THE PSRC, AND I AM NOT THE STAFF SUPPORT ON THAT BUT IT IS NOT INTENDED TO
I KNOW THERE WAS REPORTING WHICH SUGGESTED THAT IT WAS
IT WAS EVALUATING AIR SPACE BASED ON WHERE DIFFERENT AIRPORTS ARE ALREADY LOCATED
BUT JOSH BROWN, THE EXECUTIVE DIRECTOR HAS BEEN VERY CLEAR THAT IT IS NOT A SITING STUDY
IT WILL NOT RECOMMEND SITES
THAT'S EXACTLY RIGHT ERIC THAT WAS BROUGHT UP AT THE MEETING I ATTENDED LAST WEEK AND IT IS A POINT OF CONFUSION PSARC IS DOING A BASELINE STUDY THAT THEY WERE COMMISSIONED TO DO TO LOOK AT AIR CAPACITY IN THE REGION AND WITH NO NO PARTICULAR BIAS AS TO OR INTENT TO RECOMMEND CERTAIN LOCATIONS OVER OTHERS
AND LIKEWISE IT WAS NOT AN ENVIRONMENTAL STUDY EITHER
IT WAS NOT TO DO AN ENVIRONMENTAL ASSESSMENT AND THOSE ARE TWO MISCONCEPTIONS ABOUT THAT BASELINE
THANK YOU, YEAH, THAT'S BEEN MISUNDERSTOOD IN THE LAST WEEK OR SO
BUT OBVIOUSLY AIR CAPACITY IS ONE OF THE VARIABLES THAT HAS TO GO INTO THE ANALYSIS
SO ANYWAY, IT CERTAINLY CREATES CIRCLES
IT DRAWS ATTENTION TO CERTAIN AREAS
IT'S NOT
I WOULD STAND CORRECTED
IT'S NOT A RECOMMENDATION, BUT IT'S CERTAINLY FOCUSES THE ATTENTION
AND FINALLY ERIC
WHERE ARE WE AT WITH THE DISCUSSIONS ABOUT CEPA UPDATES? IS THIS SOMETHING THAT WPPA IS CONTINUING TO PURSUE AND WHAT IF ANYTHING ARE YOU HEARING GOING ON IN OLYMPIA IN THAT REGARD? YOU KNOW
I'M SORRY, I SHOULD HAVE COME PREPARED WITH AN ANSWER TO THAT QUESTION
I KNOW THAT THERE WAS BUDGET FUNDING THAT WAS GIVEN I BELIEVE TO A ECOLOGY TO CONVENE A STAKEHOLDER PROCESS THAT WAS MEANT AS MAYBE KIND OF A MIDDLE GROUND ON WHAT WPPA HAD BEEN PURSUING
I DON'T KNOW WHERE THAT STANDS
I'M AFRAID
SO LET ME GET BACK TO YOU
I'LL TALK TO WPPA AND TRY TO GET BACK TO YOU BY THE TIME I COME BEFORE YOU ON THE 17TH WITH AN ANSWER TO THAT QUESTION
DOES RYAN HAVE ANY UPDATE ON THAT? I WOULD BE SURPRISED IF IT HAD GONE TO THE EXECUTIVE COMMITTEE LEVEL BUT IF COMMISSIONER CALKINS KNOWS MORE I COULD LET HIM SAY
I THOUGHT HE WAS ON THE LEG COMMITTEE
FOR THE SEAPORT ALLIANCE OR FOR WPPA? A LEGE COMMITTEE IS
NO, HE SERVES ON THE EXECUTIVE COMMITTEE AND COMMISSIONER FELLEMAN WAS ASKING WHETHER THERE'D BEEN ANY DISCUSSION OF THE POTENTIAL FOR AMENDMENTS TO THE CEPA
AND I DON'T BELIEVE THE EXECUTIVE COMMITTEE HAS CONSIDERED THAT
NO
SO I'LL PLAN TO GET YOU AN UPDATE THROUGH WPPA STAFF
THANK YOU
LIKE I SAID, I BELIEVE THAT ITS CURRENTLY THE SUBJECT OF A STAKEHOLDER PROCESS BEING LED BY ECOLOGY
IT WAS FUNDED DURING THE LAST SESSION, BUT I REALLY DON'T KNOW SO I'M GOING TO HAVE TO GET BACK TO YOU WITH MORE DETAILS ON THAT
AND THEN COMMISSIONER STEINBREUCK WE DO HAVE EXECUTIVE DIRECTOR METRUCK WOULD LIKE TO MAKE A COMMENT
OKAY, LET ME MENTION THAT COMMISSIONER BOWMAN HAS LEFT THE MEETING
OKAY DIRECTOR METRUCK? COMMISSIONERS, I JUST WANT TO ADD ON YOU WERE DISCUSSING
WE HAVE DONE A CRITICAL INFRASTRUCTURE ASSESSMENT FOR CLIMATE CHANGE
THAT HAS BEEN DONE FOR ALL OF OUR INFRASTRUCTURE BOTH AT THE AIRPORT AND THE MARITIME AS WELL
SO WE CAN TALK ABOUT THAT
AS FAR AS THE RESILIENCE, COMMISSIONER STEINBREUCK, WE'VE HAD THESE DISCUSSIONS ABOUT THE OVERALL ASSESSMENTS FOR ALL THINGS
WE'LL BE GLAD TO TO THE COMMISSIONERS ABOUT THAT
THAT EXISTS
THAT'S NOT SOMETHING THAT NEEDS TO BE DONE
WE CAN ALWAYS LOOK AT THAT IN LIGHT OF NEW INFORMATION, BUT WE HAVE DONE THOSE ASSESSMENTS FOR OUR CRITICAL INFRASTRUCTURE
THANK YOU FOR SAYING THAT
I KNEW SOMEBODY KNEW MORE THAN I DID ABOUT THAT, BUT THANKS FOR JUMPING IN
[LAUGHTER[ COMMISSIONER STEINBREUCK, DO YOU HAVE ANY FURTHER COMMENTS AT THIS TIME? I DO NOT
THANK YOU VERY MUCH
THANK YOU AS ALWAYS FOR THE FEEDBACK
WE'LL BE BACK BEFORE YOU ON THE 17TH
IT'S NOT A SNOWBALL
THE LEGISLATIVE AGENDA IS MORE LIKE A ROCK THAT COLLECTS NO MOSS
YEAH, WE BUILD ON THE PAST, BUT WE ARE NIMBLE AND WE'RE LOOKING TO THE FUTURE
WE'RE NOT JUST ACCUMULATING MORE AND MORE, YOU KNOW, THINGS TO TAKE ON THAT WITHOUT AN EYE TO YOU KNOW, WHAT OUR PRIORITIES ARE
SO I THINK THAT'S THE IMPORTANT VETTING PROCESS THAT IS OCCURRING NOW WITH THE HELP OF YOU GUYS AND YOUR EXPERTISE
I'M GOING TO CONSIDER THAT A BOB DYLAN REFERENCE
[LAUGHTER[ OKAY
I THINK WE CAN WRAP THIS UP FOR NOW
WE'LL LOOK FORWARD TO YOUR COMING BACK WITH THE WITH THE RECOMMENDED PACKAGE THERE
AND THE CONTINUED WORK WAS COMMISSIONERS AND STAFF
SO THANK YOU
OKAY, THE LAST ITEM OF THE AGENDA IS ANY COMMISSIONER REPORTS OR STAFF REPORTS
ANY NEW BUSINESS
HEARING NONE, I'LL PAUSE FOR A SECOND OR TWO
ANYBODY HAVE ANYTHING TO UPDATE US ON
OKAY
I THINK WE'RE ALL KIND OF A LITTLE WARY AT THIS POINT HAVING BEEN AT THIS SINCE 9:30 THIS MORNING
SO THANK YOU ALL VERY MUCH
GREAT DAY
LOTS OF WONDERFUL GOOD DISCUSSION AND DEBATE AND LOTS OF NEW INFORMATION AND KNOWLEDGE GET GLEANED FROM OUR FINANCIAL PRESENTATION
AND ALL IN ALL A GREAT DAY
SO WITH THAT I THINK WE CAN ADJOURN THIS MEETING NOW AT 4:24
HAVE A GOOD EVENING
GREAT LONG DAY
THANK YOU
YES
THANK YOU
GOOD MEETING
[LAUGHTER] THANKS COMMISSIONERS
OKAY
ALL RIGHT
EXCELLENT.

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