The Regular meeting scheduled for 2020-11-10 at Remote

Transcript

The Regular meeting scheduled for 2020-11-10 at Remote

OKAY, GOOD AFTERNOON
THIS IS COMMISSION PRESIDENT PETER STEINBRUECK RECONVENING THE REGULAR MEETING OF NOVEMBER 10, 2020
THE TIME IS 12:06 P.M
WE'RE MEETING REMOTELY TODAY VIA TEAMS TO COMPLY WITH THE GOVERNOR'S SAFE START STAY HEALTHY ORDER IN ACCORDANCE WITH PROCLAMATION 20-28
PRESENT WITH ME TODAY ARE COMMISSIONERS CALKINS AND FELLEMAN EXPECTED TO BE JOINED SOON BY BOWMAN AND CHO
I WILL ASK THE CLERK TO DO THE ROLL CALL ON THE COMMISSIONERS
YEAH, IT DOES LOOK LIKE WE HAVE EVERYBODY
GOOD
WE'LL GO AHEAD WITH THE ROLE THEN BEGINNING WITH COMMISSIONER BOWMAN
PRESENT
THANK YOU
COMMISSIONER CALKINS
HERE
THANK YOU
COMMISSIONER CHO
PRESENT
THANK YOU
COMMISSIONER FELLEMAN
PRESENT
THANK YOU
AND COMMISSIONER STEINBREUCK
WE HAVE A FULL QUORUM
WELL GOOD
TODAY'S MEETING IS STRUCTURED FOR OUR VIRTUAL FORMAT
WE'VE MADE SPECIAL ARRANGEMENTS TO PROVIDE FOR REMOTE PARTICIPATION FOR ALL OF 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
I'D LIKE TO NOTE THE NEW ORDER OF BUSINESS THAT WE HAVE FOR OUR AGENDAS MOVING FORWARD
MEMBERS, STAFF, AND THE PUBLIC WILL NOTICE SOME CHANGES AS WE PROCEED WITH THE NEW FORMAT
ALSO 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 COMMISSIONER'S NAME, COMMISSIONERS ON THE TEAMS CALL WILL MAKE SURE THAT 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
AND TO BE EQUITABLE WE WILL ASK ALL COMMISSIONERS TO SPEAK IN TURN AND WAIT TO BE RECOGNIZED BEFORE SPEAKING AS MUCH AS POSSIBLE
WE DO HAVE A LENGTHY MEETING TODAY SO I THANK EVERYONE FOR YOUR FORBEARANCE AND ATTENDANCE HERE
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 FUTURE GENERATIONS TO COME
THIS MEETING IS BEING DIGITALLY RECORDED AND MAY BE VIEWED OR HEARD AT ANY TIME ON THE PORT'S WEBSITE AND MAY BE REBROADCAST BY THE KING COUNTY TELEVISION
PLEASE STAND OR JOIN US FOR THE PLEDGE OF ALLEGIANCE AND PLEASE MUTE IF YOU ARE
PETER YOU'RE MUTED
OKAY, HERE WE GO
START OVER AGAIN
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
I DO HAVE SOME OPENING COMMENTS HERE
I WANT TO BEGIN FIRST WITH A REMEMBRANCE OF JACK BLOCK
BEFORE WE PROCEED WITH TODAY'S AGENDA I'D LIKE TO TALK A LITTLE, I'D LIKE TO TAKE A MOMENT TO MENTION HIS PASSING
AS YOU KNOW, HE DIED PEACEFULLY IN EARLY NOVEMBER, I THINK IT WAS NOVEMBER 1ST, SURROUNDED BY HIS FAMILY AND CLOSE FRIENDS
HE WAS ALSO PART OF THE PORT FAMILY, A GOOD FRIEND OF THE PORT, AND ONE OF THE LONGEST SERVING PORT COMMISSIONERS
FIRST ELECTED IN 1973 AND RETIRED FROM OFFICE IN 2001
HE WAS A SALT OF THE EARTH DOCK MAN
JACK SPOKE HIS MIND FREELY, AT TIMES BLUNTLY, ALWAYS SUPPORTED WORKING PEOPLE, FREE TRADE, AND THOSE IN THE COMMUNITY WHO NEEDED HELP MOST
AFFECTION FOR JACK AMONG HIS COLLEAGUES AT THE PORT WAS STRONG AND IT'S NO WONDER THEY NAMED A PARK AFTER JACK WHILE HE WAS STILL LIVING
THAT ALMOST NEVER HAPPENS AND THAT PARK IS JACK BLOCK PARK NEAR TERMINAL 5 AT THE MOUTH OF THE DUWAMISH, A FITTING TRIBUTE OF HIS LIFE AND LEGACY
HIS WIDOW VICKY SCHMIDT BLOCK, WHO I HAD AN OPPORTUNITY TO TALK WITH THIS MORNING, HAD THIS TO SAY, "HE WAS MOST PROUD OF HIS WORK TO EXPAND PUBLIC ACCESS TO THE PORT'S PARK PROPERTIES AND FACILITIES
AND FOR THE MODERNIZATION OF OUR SHIPPING TERMINALS." OUR CONDOLENCES GO TO JACK'S FAMILY, THE ILWU LONGSHORE UNION, AND FRIENDS IN MOURNING
WE LOOK FORWARD TO CELEBRATING HIS LIFE WORK AND LEGACY AT JACK BLOCK PARK AT A FUTURE DATE IN SPRING
REST IN PEACE, JACK, AND THANK YOU
PLEASE NOW
I'D LIKE TO ASK DIRECTOR METRUCK FOR HIS COMMENTS REGARDING COMMISSIONER JACK BLOCK AND THEN I'LL OPEN FOR COMMISSIONERS IF THERE ARE ANY
THANK YOU PRESIDENT STEINBREUCK
THANKS FOR THE OPPORTUNITY TO SAY A FEW WORDS ABOUT THE PASSING LAST WEEK OF JACK BLOCK, THE LONGEST-SERVING PORT OF SEATTLE COMMISSIONER TO DATE
WHEN WE LOOK AT OUR HARBOR AND SEATTLE-TACOMA INTERNATIONAL AIRPORT, WE CAN ALL SEE THE RESULTS OF HIS VISION FOR THE PORT
JACK BLOCK HAD A VISION SHARED BY A LONG LINE OF COMMISSIONERS THAT CAME AFTER HIM THAT THE PORT WOULD BECOME A NATIONAL AND GLOBAL TRADE POWER THAT IS TODAY
TO SOME OF THE ACCOMPLISHMENTS OVER 27 YEARS AS A COMMISSIONER, THE DEVELOPMENT OF THE CENTRAL WATER FRONT WITH THE BELLE HARBOR CRUISE TERMINAL, CONFERENCE CENTER, WORLD TRADE CENTER, MARRIOTT HOTEL, AND CONDOMINIUMS, AND PIER 69 HEADQUARTERS, THE REDEVELOPMENT OF TERMINALS 5 AND 18, AND IMPROVEMENTS TO FISHERMAN'S TERMINAL
HE WAS AN ADVOCATE FOR THE PORT'S INVESTMENT IN THE WEST SEATTLE BRIDGE IN THE 1980S AND OTHER TRANSPORTATION IMPROVEMENTS TO HELP KEEP FREIGHT MOVING AT THE AIRPORT
HE WORKED FOR THE RENOVATION OF THE CENTRAL TERMINAL, CONCOURSE A, AS WELL AS THE THIRD RUNWAY
HE ALSO STRONGLY BELIEVED IN THE PORT'S RESPONSIBILITY TO THE ENVIRONMENT AND THE NEED TO OPEN UP ACCESS TO THE DUWAMISH TO EVERYONE IN THE COMMUNITY
HE WAS A LIFELONG UNION MAN, BUT HE COULD BRIDGE BUSINESS AND LABOR TO MOVE THE PORT FORWARD
THE PORT WAS FAMILY TO JACK
FOR MANY YEARS HE WAS A SPONSOR OF THE PORT FIREFIGHTERS SALMON DERBY THAT RAISED THOUSANDS OF DOLLARS FOR THE BURN FUND
MATTER OF FACT, THE LAST TIME I SAW JACK AND VICKI WAS AT A FUNDRAISER FOR THE POLICE DEPARTMENT IN 2018
WE EXTEND OUR CONDOLENCES TO HIS WIFE VICKI AND HIS ENTIRE FAMILY
WE OWE HIM A DEBT OF GRATITUDE FOR HELPING TO MAKE THE PORT OF SEATTLE WHAT IT IS TODAY
I KNOW THAT ALL THE COMMISSIONERS MAY WANT TO SAY A FEW WORDS AS WELL
THANK YOU
BEGINNING WITH COMMISSIONER FELLEMAN
YES, I WOULD JUST LIKE TO ADD MY VOICE TO THE FACT THAT WE HAD SOMEBODY WITH HIS DEEP EXPERIENCE IN THE MARITIME FIELD WILLING TO CONTRIBUTE TO THE PUBLIC DISCOURSE ON HOW TO MAKE THE MARITIME INDUSTRY, YOU KNOW, COMPATIBLE WITH AND THE PORT BEING ABLE TO SUPPORT THOSE ACTIVITIES AND JOBS THEY CREATE
AND THE EXISTENCE OF THAT PARK IS A REALLY UNIQUE JUXTAPOSITION OF PUBLIC ACCESS TO A WORKING WATERFRONT AND I THINK THAT SOMEWHAT EMBODIES HIS LIFE AND CAREER AND I AM DEEPLY APPRECIATIVE OF IT
THANK YOU, COMMISSIONER FELLEMAN
COMMISSIONER CHO
WELL, I JUST WANTED TO SAY THAT I NEVER GOT AN OPPORTUNITY TO MEET JACK BLOCK, BUT I HAD HEARD SO MUCH ABOUT HIM, YOU KNOW, PRIOR TO TAKING THIS OFFICE
AND SO I APPRECIATE HIS LEGACY AND ALL THE GREAT WORK THAT HE HAS DONE FOR US AND I WISH HIS FAMILY THE BEST
THANK YOU
COMMISSIONER CHO
COMMISSIONER CALKINS
SAME
JUST ECHO THE SENTIMENTS OF WHAT A TRUE PILLAR HE WAS IN THE COMMUNITY AND MUCH LIKE EXECUTIVE DIRECTOR METRUCK SHARED, I KNEW HIM AS A FUNDRAISER, SOMEBODY WHO WENT OUT AND FOUND WAYS TO GET OTHERS ALONG WITH HIMSELF TO CONTRIBUTE TO THE COMMUNITY AND HE BROUGHT ME ALONG TO A FUNDRAISER SHORTLY AFTER I WAS ELECTED AND INTRODUCED ME TO A BUNCH OF THE ILWU PENSIONERS IN THE UNIQUE WAY THAT JACK HAD OF MAKING SURE THAT EVERYBODY IN THE ROOM MET ME
IT WAS, FOR ME, AN INCREDIBLE INTRODUCTION TO PART OF THE PORT COMMUNITY THAT I HADN'T KNOWN PRIOR TO BEING ELECTED
SO REST IN PEACE, JACK
THANK YOU COMMISSIONER CALKINS
COMMISSIONER BOWMAN
THANK YOU, YOU KNOW, FIRST I JUST WANTED TO EXTEND MY CONDOLENCES TO VICKI AND THE REST OF THE FAMILY
I WANT TO AND SHARE A LITTLE BIT OF A STORY
WHEN I FIRST MET JACK BLOCK SHORTLY AFTER I WAS CONFIRMED ON THE COMMISSION AND HE WALKED RIGHT UP TO ME IN OUR PUBLIC MEETING AND GAVE ME A HUGE BEAR HUG AND SAID, "WELCOME TO THE PORT FAMILY
WE HAVEN'T HAD MANY OF YOU AROUND." AND BY THAT HE MEANT FEMALE COMMISSIONERS
AND HE JUST
HE TRUL.Y IT WAS LIKE MEETING YOUR FAVORITE UNCLE
I LEARNED SO MUCH FROM HIM ABOUT MY APPRECIATION FOR THE WORKING WATERFRONT, THE HARD WORK THAT THE ILWU PROVIDES FOR US EVERYDAY, AND AS COMMISSIONER STEINBREUCK SAID EARLIER, HE TRULY WAS SALT OF THE EARTH
HE JUST LOVED THE PORT OF SEATTLE
IT WAS SO MUCH A PART OF WHO HE WAS AND WHO VICKI WAS
THE ENTIRE BLOCK FAMILY HAS ALWAYS BEEN COMMITTED TO THE WATERFRONT AND THERE'S JUST NOBODY ELSE LIKE HIM
HE'S JUST GOING TO BE REALLY REALLY MISSED AND I'M SO GRATEFUL FOR THE OPPORTUNITY TO HAVE GOTTEN TO KNOW HIM
AND SO THANKFUL FOR HIS INSIGHTS AND HIS COUNSEL OVER MY YEARS ON THE COMMISSION
WONDERFUL WORDS
THOUGHTS
THANK YOU COMMISSIONERS
I HAVE SOME CONTINUING REMARKS
TODAY WOULD ALSO LIKE TO TAKE A FEW MOMENTS NOW TO ACKNOWLEDGE
MR BRAD TILDEN, WHO IS THE CURRENT AND OUTGOING CEO OF ALASKA AIRLINES
BRAD, WE WISH YOU ALL THE BEST AS YOU STEP DOWN FROM YOUR ROLE AS CEO OF ALASKA AIR GROUP
IT'S A ROLE HE'S HELD FOR THE LAST EIGHT YEARS
ALTHOUGH HE'S BEEN WITH ALASKA AIRLINES FOR NEARLY 30 YEARS RISING THROUGH THE RANKS
BRAD HAS BEEN AN INCREDIBLE PARTNER AND LEADER IN THE REGION
BRAD TILDEN LED ALASKA AIRLINES THROUGH AN EXTRAORDINARY AND PERIOD OF GROWTH CREATING EXPONENTIALLY MORE WAYS FOR PARTNERS LIKE THE PORT TO MAKE LONG-TERM INVESTMENTS IN CUSTOMER SERVICE AND SUSTAINABILITY AND TO CREATE JOBS
ALASKA'S GROWTH STRATEGY UNDER BRAD TILDEN BENEFITED THE REGION AND STATE BY UNLOCKING ROUTES TO NEW DESTINATIONS AND BOOSTING WASHINGTON'S TOURISM ECONOMY
WE FACED SEVERAL CHALLENGES TOGETHER OVER HIS TENURE INCLUDING THE UNPRECEDENTED COVID-19 ECONOMIC AND HEALTH CRISES
IN THE HARDEST DAYS, BRAD WAS ALWAYS STEADY, PRIORITIZED SAFETY OF PEOPLE, AND RELATIONSHIPS
THE PORT LOOKS FORWARD TO WORKING WITH ALASKA AIRLINES AND BEN MANUCCI IN OUR RELATIONSHIP TO BUILD AN EQUITABLE RECOVERY
STEVE, WOULD YOU LIKE TO ADD SOME COMMENTS? THANK YOU, PRESIDENT STEINBREUCK
I'D ALSO LIKE TO RECOGNIZE BRAD FOR HIS INCREDIBLE PARTNERSHIP AND LEADERSHIP IN THE REGION AND I'LL JUST KEEP IT SHORT AND SAY WE LOOK FORWARD TO WORKING WITH BEN MANNUCI AND HIS RELATIONSHIP AS WE BUILD THE RECOVERY TOGETHER
BUT IT'S BEEN GREAT TO WORK WITH BRAD AND HE'S BEEN A GREAT PARTNER FOR US HERE AT THE PORT
OPEN FOR ANY COMMISSIONER COMMENTS AND ACKNOWLEDGEMENTS HERE, CLERK
THANK YOU BEGINNING WITH COMMISSIONER FELLEMAN
YOU'RE MUTED COMMISSIONER
I WOULD JUST LIKE TO ACKNOWLEDGE THE FACT THAT WE STILL HAVE THEM THROUGH MARCH AS A CEO OF THE BOARD
HE'S NOT GOING FAR
SO WE'LL STILL HAVE THE BENEFIT OF LIFE FLOWING EXPERIENCE AT THE AIRLINE AND AS A LOCAL RESIDENT OF THE SEATAC AREA
I THINK WE WILL STILL BENEFIT GREATLY FROM HIS TENURE WITH THE ORGANIZATION
THANK YOU, COMMISSIONER FELLEMAN
COMMISSIONER CHO
YEAH, I JUST YOU KNOW, I'VE HAD THE PLEASURE OF BEING IN QUARTERLY MEETINGS WITH BRAD AND YOU KNOW, HE'S ALWAYS BEEN SO GRACIOUS AND SO JUST
JUST SO DOWN TO EARTH AND I THINK THE REGION, NOT JUST THE PORT, BUT THE REGION, THE BROADER PUGET SOUND REGION HAS BENEFITED SO MUCH FROM HIS LEADERSHIP AND SO I TRULY WANTED TO SAY THANK YOU FOR YOUR SERVICE TO THE GROWTH OF OUR HUB HERE AND WISH YOU THE BEST IN RETIREMENT
YOU KNOW, I CAN'T IMAGINE THAT HE PREDICTED THAT HE WOULD HAVE TO DEAL WITH THE GLOBAL PANDEMIC IN HIS LAST YEAR, BUT I THINK HE'S DONE A TERRIFIC JOB FOR US
AND SO I REALLY APPRECIATE THAT AND WISH HIM THE BEST
THANK YOU
COMMISSIONER CHO
COMMISSIONER CALKINS
NOTHING MORE THAN JUST TO ADD THAT WE WERE GRATEFUL FOR HIS STEWARDSHIP OF ONE OF OUR REGION'S MOST REVERED BRANDS AND I FEEL VERY CONFIDENT IN THE TRANSITION TO NEW LEADERSHIP UNDER BEN
THANK YOU
COMMISSIONER BOWMAN
AS COMMISSIONER FELLEMAN SAID, HE'S NOT GONE YET
SO I'M GOING TO RESERVE MY REMARKS UNTIL HE ACTUALLY LEAVES BUT HE'S DONE A FANTASTIC, JUST REMARKABLE JOB LEADING ALASKA AIRLINES
AND WE'RE VERY
HE'S GOING TO BE MISSED BUT I'LL SAVE THAT TILL MARCH
WELCOME BEN
GREAT
WELL A SUCCESSION PLANNING IS CRITICALLY IMPORTANT TO ANY ORGANIZATION, WHETHER IT BE BUSINESS OR PRIVATE SECTOR OR PUBLIC AND THE RELATIONSHIPS THAT ONE DEVELOPS ARE SO IMPORTANT TO THE SUCCESS OF THE ORGANIZATION AND THAT'S SOMETHING HE UNDERSTOOD EXTREMELY WELL AND DOES UNDERSTAND AND I FOR ONE I FEEL LIKE HE IS JUST ALMOST LIKE A NEXT DOOR NEIGHBOR IN THAT REGARD
HE'S JUST ALWAYS APPROACHABLE AND ACCESSIBLE AND COMMUNICATES REALLY WELL WITH STAKEHOLDERS AND THE PORT AND HAS BEEN A GREAT TERRIFIC LEADER AT ALASKA AIRLINES
I'D LIKE NOW TO GO TO A ANOTHER ITEM ON OUR PRELIMINARY TOPICS HERE, WHICH IS TO RECOGNIZE THAT TOMORROW IS A VERY IMPORTANT DAY
IT'S VETERANS DAY
AND SO TO THE VETERANS WHO ARE NOW PART OF OUR PORT FAMILY AND IN OUR BROADER COMMUNITY, I WANT TO PERSONALLY THANK YOU FOR YOUR SERVICE
I WANT TO ACKNOWLEDGE THAT FOR MANY THIS IS A DAY OF GREAT PRIDE AND ALSO GREAT PAIN AND ANGUISH
FOR ALL OF THOSE OF US IT SHOULD BE A DAY WHEN WE RECOGNIZE THE SACRIFICE THAT SO MANY INDIVIDUALS HAVE MADE TO PROTECT OUR COLLECTIVE PEACE IN THIS COUNTRY
DIRECTOR METRUCK? THANK YOU
THANK YOU COMMISSIONER
REGARDING VETERAN'S DAY, IT'S ANOTHER GROUP WE WOULD LIKE TO THANK ALL OF THEM FOR THEIR SERVICE TO OUR NATION AND THEN ESPECIALLY FOR THOSE THAT WORK AT THE PORT
IN A NORMAL YEAR WE WOULD HAVE WELCOMED A COHORT OF VETERANS FOR THE PORT VETERANS FELLOWSHIP AROUND THIS TIME OF THE YEAR, BUT COVID-19 INTERRUPTED THOSE PLANS
BUT WE LOOKED FORWARD TO RETURNING TO THAT IN THE FUTURE YEARS
BE AS IT MAY WE ARE PLEASED TO HAVE AN ACTIVE EMPLOYEE RESOURCE GROUP FOR VETERANS HERE AT THE PORT WHO DO WORK BOTH WITHIN THE PORT AND THEN THE COMMUNITY
AND WE HAVE OVER NINE PERCENT OF OUR WORKFORCE CLASSIFYING AS VETERANS, WHICH IS MUCH HIGHER THAN THE AVERAGE EMPLOYER FOR EMPLOYING VETERANS
AND I THINK THEY MAKE A GREAT CONTRIBUTION TO US HERE AT THE PORT
OF COURSE MYSELF., I'M A VETERAN PROUD TO HAVE SERVED, AND I KNOW MANY OF OUR VETERANS THAT HAVE REPRESENTED ALL THE SERVICES DO AN INCREDIBLE JOB FOR US HERE AT THE PORT AND THROUGHOUT THE NATION
IN HONOR OF VETERANS' DAYS WE RECOGNIZE AND CELEBRATE THE CONTRIBUTIONS OF THESE UNSUNG HEROES BOTH DURING THEIR SERVICE AND THEN AS VETERANS THEMSELVES TO BOTH THE PORT AND THE NATION
AND THANK YOU FOR RECOGNIZING THEM PRESIDENT STEINBREUCK
OKAY
WELL, I'M SURE OF THIS SENTIMENT OR SHARED BY ALL OF US AT THE PORT HERE
COMMISSIONERS I'D LIKE TO NOW TURN TO ITEM 3, WHICH IS APPROVAL OF THE AGENDA
COMMISSIONERS ON THE LINE, PLEASE UNMUTE YOURSELVES
I'M GOING TO ASK EACH COMMISSIONER IN TURN IF THEY HAVE ANY MOTIONS TO REORDER THE REST OF THE DAY
IF YOU DO YOU WILL BE ASKED FOR A SECOND IF NEEDED
PLEASE RESPOND WHEN THE CLERK CALLS YOU
IF YOU HAVE NO CHANGES TO SAY NONE
CLERK? THANK YOU
BEGINNING WITH COMMISSIONER FELLEMAN
NO CHANGES AT THIS TIME
THANK YOU
COMMISSIONER CHO
NONE
COMMISSIONER CALKINS
NONE
COMMISSIONER BOWMAN
NO CHANGES
AND COMMISSIONER
STEINBREUCK
NO CHANGES
THERE ARE NO CHANGES TO THE AGENDA PROPOSED TODAY
GREAT
COMMISSIONERS, THE QUESTION IS NOW ON THE APPROVAL OF THE AGENDA
PLEASE SAY YES OR NO WHEN YOUR NAME IS CALLED
COMMISSIONER FELLEMAN, FOR APPROVAL OF THE AGENDA
MY APOLOGIES
I'M STILL TRYING TO MULTITASK FOR THE LATE PART OF THE MEETING
NO CHANGES
FOR APPROVAL OF THE AGENDA
I APPROVE THE AGENDA
THANK YOU
COMMISSIONER CHO
APPROVE
THANK YOU
COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER BOWMAN
AYE
THANK YOU
COMMISSIONER STEINBREUCK
YES
THERE ARE FIVE YEAS AND 0 NAYS
THE AGENDA IS APPROVED
COMMISSIONER BOWMAN
I SEE YOUR HAND IS UP
THANK YOU
IF I MIGHT
JUST A MOMENT OF PERSONAL PRIVILEGE, I BELIEVE THAT THIS IS THE 65TH ANNIVERSARY OF OUR FIRE DEPARTMENT
IS THAT CORRECT? MR METRUCK? THAT IS
THAT IS CORRECT COMMISSIONER
GREAT
I JUST WANTED TO TAKE A MOMENT TO RECOGNIZE THE PORT OF SEATTLE'S FIRE DEPARTMENT AND ALL OF OUR AMAZING EMPLOYEES OVER THERE
WE'VE GOT A REALLY DEDICATED STAFF WHO DOES SO MUCH WORK BEHIND THE SCENES THAT MOST OF US DON'T GET TO SEE
THE FIRE DEPARTMENT HAS WELCOMED ME AND OTHER COMMISSIONERS WITH OPEN ARMS AND ONE OF MY ACTUALLY GREATEST MEMORIES OF BEING ON THE PORT COMMISSION IS MY FIRST YEAR WHEN I ATTENDED THE FIRE TRAINING ACADEMY, WHICH IS, FOR THOSE OF YOU WHO HAVE NOT DONE THAT, IT'S A GRUELING DAY IN EASTERN WASHINGTON
THE DAY THAT I DID IT WAS A HUNDRED AND FIVE AND THEY TAKE YOU THROUGH ALL OF THE PACES OF WHAT IT'S LIKE TO BE A FIREFIGHTER ON THE GROUND
YOU CLIMB A LADDER ON A TWO-STORY BUILDING AND BREAK A HOLE WITH AN AXE THROUGH THE ROOF
YOU DRAG A BODY OUT OF A SMOKE-FILLED BUILDING THAT YOU CAN'T SEE AND HAVING TO DO IT JUST WITH YOUR WITH FEELING YOUR WAY THROUGH THE BUILDING
YOU RESCUE A PERSON OUT OF A CAR ACCIDENT HAVING TO USE A CHAINSAW AND REMOVE THE BODY FROM THE VEHICLE
YOU PUT OUT A, EXCUSE ME, A FUEL FIRE AND YOU PROVIDE CPR
SO JUST A FEW THINGS THAT OUR FIRE DEPARTMENT HAS TO DEAL WITH IN THEIR TRAINING AND JUST WANTED TO AGAIN THANK THEM FOR ALL THEIR SERVICE AND CONGRATULATE THEM ON THEIR ANNIVERSARY
WONDERFUL
APPRECIATE YOUR POINTING THAT OUT AND IN HONOR OF OUR GREAT FIREFIGHTERS
WITH THAT WE WILL MOVE TO ITEM FOR SPECIAL ORDERS OF THE DAY, AND I KNOW OF NO SPECIAL ORDERS OF THE DAY
SO MOVING TO THE EXECUTIVE DIRECTOR'S REPORT
EXECUTIVE DIRECTOR METRUCK
THANK YOU COMMISSIONER STEINBREUCK
AND IF I CAN JUST ADD ON TO COMMISSIONER BOWMAN'S ELOQUENT CONGRATULATIONS FOR THE FIRE DEPARTMENT ON 65 YEARS OF SERVICE
YOU KNOW, THEY'RE ON THE FRONT
THEY'RE FIRST RESPONDERS, THE FRONT LINES, AND WE LOOK AT EVERYTHING THAT THEY DO FROM RESPONDING TO THAT INDIVIDUAL PERSON IN DISTRESS, WHETHER IT BE A HEART ATTACK ON BOARD OR UP INTO THE CATASTROPHIC EVENT, YOU KNOW, THE LOW PROBABILITY HIGH CONSEQUENCE EVENT THERE
THEY HAVE TO BE PREPARED FOR IT ALL AND THEY DO DAY IN AND DAY OUT 24/7 SERVING THE PORT AND THE PUBLIC KEEPING US ALL SAFE AND HEALTHY AS WE'RE MOVING FORWARD
YOU KNOW, THEY'RE ALSO INVOLVED IN OUR COVID PROTOCOLS AND BEING PREPARED FOR THOSE AND RESPONDING TO THOSE AS WELL AS ALL INFECTIOUS DISEASES
SO THEY'RE AN INCREDIBLE GROUP AND CONTINUE TO SERVE US WELL AT THE PORT AND WE LOOK FORWARD TO JUST MANY MORE YEARS OF SERVICE FROM THE FIRE DEPARTMENT
TRANSITIONING TO MY REPORT
I DO WANT TO TALK ABOUT
I MENTIONED THE COVID PANDEMIC, IT CONTINUES TO HAVE AN IMPACT ON US
COVID-19 INFECTIONS CONTINUE TO INCREASE BOTH GLOBALLY AND HERE IN THE UNITED STATES
MANY EUROPEAN COUNTRIES HAVE REINSTITUTED BUSINESS CLOSURES, LIMITATIONS ON OPERATIONS, AND SERVICE AND BORDER SHUTDOWNS IN HOPES OF CONTAINING THE VIRUS WHICH WE CAN SEE IN THE NEWS REPORTS IS CONTINUING TO SPIKE AGAIN .UNITED STATES HAVE SEEN THE HIGHEST DAILY NUMBER OF POSITIVE COVID TESTS SINCE THE PANDEMIC BEGAN
THIS TRAJECTORY OF POSITIVE CASES IN THE US HAS DEMONSTRATED HERE IN WASHINGTON STATE AND IN KING COUNTY AS WELL
HERE AT THE PORT OF SEATTLE, OCTOBER BROUGHT 29 REPORTS OF POSITIVE COVID NOTIFICATIONS FROM OUR STAKEHOLDERS AND TENANTS
IN THE FIRST WEEK OF NOVEMBER, 21 REPORTS OF POSITIVE COVID NOTIFICATIONS HAVE BEEN RECEIVED
PORT OF SEATTLE EMPLOYEES REPORTED SIX CASES OF COVID IN THE MONTH OF OCTOBER AND THREE CASES IN THE FIRST WEEK IN NOVEMBER
THE MOST COMMON DENOMINATOR FOR NEARLY ALL OF THESE CASES IS THAT WHEN WE INVESTIGATE THEM TO FIND WHERE POTENTIALLY THEY WERE EXPOSED, WE FIND EXPOSURE HAS OCCURRED OUTSIDE THE WORKPLACE
THE NEWS SPEAKS TO COVID FATIGUE AND THE RELAXATION OF IMPORTANT PERSONAL SAFETY MEASURES WHEN WE'RE AROUND FAMILY AND FRIENDS
THIS IS WHAT WE'RE WITNESSING AT THE AIRPORT
AND NOW MORE THAN EVER WE NEED TO DOUBLE DOWN ON THESE PERSONAL PROTECTION MEASURES BOTH AT WORK AND AT HOME
I WANT TO BE CLEAR TO EVERYONE THAT THESE SAFETY PROTOCOLS AND GUIDELINES IN THE WORKPLACE ARE MANDATORY MEASURES THAT WE ALL MUST FOLLOW
MY EXPECTATION IS THAT EVERYONE AT THE PORT WILL ABIDE BY THESE GUIDELINES AND WILL MAKE SURE THAT THIS HAPPENS
I WANT TO EXPRESS MY GRATITUDE FOR OUR HEALTH AND SAFETY TEAM FOR THE TREMENDOUS AMOUNT OF WORK THAT THEY ALL PUT INTO OUR RESPONSE HERE AT THE PORT AND I THANK THEM FOR THEIR SERVICE
SO WE'LL HAVE TO CONTINUE ALL OF OUR WORK IN ORDER TO MAKE SURE THAT BOTH OUR WORKFORCE AND THE PUBLIC REMAINS SAFE AND HEALTHY MOVING FORWARD
MOVING TO TODAY'S COMMISSION MEETING, THE MAJOR FOCUS FOR TODAY IS THE INTRODUCTION OF OUR PROPOSED BUDGET AND PLAN OF FINANCE
I'LL HAVE MORE TO SAY ABOUT THOSE ITEMS DURING THEIR INTRODUCTION
FOR NOW I WOULD LIKE TO HIGHLIGHT TWO OTHER ITEMS ON TODAY'S AGENDA
ITEM 8G ON OUR CONSENT AGENDA IS THE AUTHORIZATION FOR THE ENVIRONMENTAL REMEDIATION LIABILITIES PROGRAM BUDGET
THIS ROUTINE AUTHORIZATION ALLOWS THE PORT TO CONTINUE CLEANING UP LEGACY CONTAMINATION ON OUR PROPERTIES
THE BULK OF THE LEGACY
COMBINATION IS THE RESULT OF PAST OWNERS OPERATIONS ON PROPERTY THE PORT HAS PURCHASED TO SUPPORT INDUSTRIAL USE OF THE PROPERTIES
THE CLEANUPS HELP PUT CONTAMINATED PROPERTIES BACK INTO INDUSTRIAL USE THAT SUPPORTS JOB GROWTH AND ALSO ALLOWS DEVELOPMENT OF PARKS AND HABITAT SITES
THIS WORK IMPROVES THE HEALTH OF OUR COMMUNITY AND THE ENVIRONMENT AND IS PERFORMED UNDER LEGAL AGREEMENTS AND OVERSIGHT BY FEDERAL AND STATE REGULATORS
THE WORK INCLUDES CONTINUATION OF CLEANUP OF THE LOWER DUWAMISH, TERMINAL 91, AND LOWER LAKE, AS WELL AS THE INVESTIGATION OF THREE NEW SITES TERMINAL 108, TERMINAL 115 PLANT ONE, AND THE SOUTH PARK MARINA
THE AUTHORIZATION ALSO INCLUDES THE REPAIR OF THE ENVIRONMENTAL CAP AT TERMINAL 5, THE FUNDING TO COMPLETE THE CONSTRUCTION OF THE NEW HABITAT AND PUBLIC ACCESS SITE AT THE DUWAMISH RIVER PEOPLE'S PARK, FORMERLY KNOWN AS TERMINAL 117 PARK
ITEM 11A IS THE THIRD QUARTER FINANCIAL REPORT
AS WE MOVE FORWARD IN OUR BUDGETING PROCESS, IT'S IMPORTANT TO UNDERSTAND HOW WELL WE HAVE PERFORMED AGAINST OUR PROJECTIONS AND REVISED BUDGET TO INFORM OUR DECISIONS FOR THE YEAR AHEAD
AS YOU'LL LEARN FROM OUR BUDGET AND FINANCE TEAM DURING THE PRESENTATION, OUR EXPENSES ARE TRENDING BELOW OUR REVISED BUDGET AND WE'RE TRENDING WELL OVERALL
THIS SHOULD COME AS NO SURPRISE SINCE WE ARE FORTUNATE TO BE EQUIPPED WITH WORLD-CLASS BUDGETING AND FINANCE TEAM TO PROVIDE THE DIRECTION
EARLIER THIS YEAR, THE PORT'S FINANCE AND BUDGET TEAM WERE AWARDED THE GOVERNMENT FINANCE OFFICERS ASSOCIATION DISTINGUISHED BUDGET PRESENTATION AWARD FOR THE 2020 BUDGET
THIS MARKS THE 13TH CONSECUTIVE YEAR THE PORT HAS ACHIEVED THIS AWARD
I'M CONFIDENT WITH THE HARD WORK THAT WENT INTO PREPARING THE BUDGET PRESENTATION YOU'LL SEE TODAY, WE'LL BE IN SERIOUS CONSIDERATION FOR THIS AWARD AGAIN SOON
AND WITH THAT, MR PRESIDENT, I CONCLUDE MY REMARKS
THANKS VERY MUCH, DIRECTOR METRUCK
AT THIS TIME
WE ARE ON TO ITEM 6, WHICH IS COMMITTEE REPORTS
I BELIEVE THAT AARON MAY HAVE, AARON PRITCHARD, MAY HAVE A COMMITTEE REPORT OUTS
YES
THANK YOU COMMISSIONER
AARON PRITCHARD, COMMISSION POLICY MANAGER
LAST WEEK COMMISSIONERS CALKINS AND CHO CONVENED THE AVIATION COMMITTEE ON OCTOBER 29TH
THE COMMITTEE RECEIVED AN UPDATE ON PROPOSED CHANGES TO ZONE 6 AND 7, PROJECTS STILL IN ITS EARLY STAGES, AND A FLY HEALTHY UPDATE
ON THE ZONE SIX AND SEVEN PROJECT, THE COMMITTEE DISCUSSED ADDITIONAL WORK THAT IS NEEDED AROUND THE PROJECT IN AREAS SUCH AS TSA COORDINATION, TRANSPORTATION, SECURITY, ADMINISTRATION, THE LEVEL OF ENVIRONMENTAL REVIEW REQUIRED, AND PROJECT DELIVERY
GIVING THE TIMING AND COMPLEXITIES OF THIS PROPOSAL, THE COMMITTEE RECOMMENDED THAT LANCE COORDINATE WITH EXECUTIVE DIRECTOR METRUCK TO GIVE ALL COMMISSIONERS SOME CONTEXT FOR HOW THE PROJECT IS ADVANCING
THOSE TWO TO ONES I BELIEVE HAVE BEEN SCHEDULED WITH EXECUTIVE DIRECTOR METRUCK
COMMISSIONERS ALSO RECEIVED AN UPDATE ON FLY HEALTHY AND ADVANCEMENTS ON THE RAPID TESTING PILOT
THE AIRPORT HAS SIGNED THE CONTRACT WITH DISCOVERY HEALTH AND LANCE WILL CONTINUE TO UPDATE COMMISSIONERS ON PROGRESS THROUGH HIS REGULAR EMAILS
THERE ARE NO RECOMMENDATIONS FROM THE COMMITTEE AROUND THE FLY HEALTHY PROGRAM
THE NEXT COMMITTEE MEETING IS THE ENERGY AND SUSTAINABILITY COMMITTEE ON NOVEMBER 12
THE COMMITTEE WILL RECEIVE A REVIEW OF HOW THE ONE MILLION DOLLAR ENERGY SUSTAINABILITY FUND WAS ALLOCATED
THE FINAL ALLOCATION FROM THAT FUND WILL BE COMING TO THE COMMISSION SOON
COMMITTEE ALSO WILL DISCUSS PARAMETERS FOR THE SUSTAINABLE AVIATION FUND, THE TIMING AND SCOPE OF THE MUNICIPAL SOLID WASTE STUDY WITH KING COUNTY AND OTHER PARTNERS, AND WILL RECEIVE A SUSTAINABLE AVIATION FUELS BRIEFING FROM SKY ENERGY
THAT CONCLUDES MY COMMITTEE SUMMARY
THANKS
THANK YOU AARON
WITH THAT, WE'LL MOVE TO ITEM 7, WHICH IS PUBLIC COMMENT
THE COMMISSION WILL NOW ACCEPT PUBLIC COMMENT FROM THOSE WHO HAVE SIGNED UP
WRITTEN MATERIALS PROVIDED TO THE CLERK WILL BE INCLUDED IN TODAY'S MEETING RECORD
THE DEPUTY CLERK HAS A LIST OF THOSE PREPARED TO SPEAK
AS THE DEPUTY CLERK CALLS YOUR NAME, WE WILL OPEN THE LINE AND COMMENTERS WILL HAVE TO UNMUTE THEMSELVES THEN PLEASE REPEAT YOUR NAME FOR THE RECORD
IF YOU ARE ON THE TEAMS MEETING AND ARE ALSO STREAMING THE MEETING, PLEASE MUTE THE VIDEO STREAM TO AVOID FEEDBACK
ALSO NOTE THERE MAY BE A SHORT TIME LAG ON THE VIDEO SCREEN
OUR COMMENT TIME TODAY WILL BE LIMITED TO TWO MINUTES PER PERSON
CLERK, PLEASE CALL THE FIRST SPEAKER
ALL RIGHT
THANK YOU
THE FIRST PERSON THAT I HAVE SIGNED UP TO SPEAK TODAY IS JORDAN VAN BOAST
GOOD AFTERNOON, COMMISSIONERS AND EXECUTIVE DIRECTOR METRUCK
MY NAME IS JORDAN CVAN BOAST AND I'M A MEMBER OF THE GROUP SEATTLE CRUISE CONTROL
WHILE THE ELECTION OF JOE BIDEN AND KAMALA HARRIS AS OUR NEXT PRESIDENT AND VICE PRESIDENT OFFERS A MEASURE OF HOPE FOR REVERSING THE DAMAGE OF THE LAST FOUR YEARS, LET US NOT FORGET FOR AN INSTANT THAT WE ARE IN THE AGE OF THE ANTHROPOCENE
CLIMATE CATASTROPHE IS UNFOLDING SLOWLY, BUT INEXORABLY DAY BY DAY
EACH SQUARE MILE OF MELTING TUNDRA AND ARCTIC ICE, EACH NEW HURRICANE AND MEGA FIRE, EACH WAVE OF GLOBAL CLIMATE REFUGEES AND POLITICAL UPHEAVAL, EACH NEW PANDEMIC
WE CAN EITHER WAKE UP TO THE UNPRECEDENTED IMPACTS OF HUMAN SOCIETY OR SETTLE BACK INTO DENIAL THE DAMAGE WE DO TO THE EARTH AND OURSELVES
LIFE AS WE KNOW IT WILL NOT SURVIVE MUCH LONGER REGARDLESS OF WHAT WE DO NOW
WE MUST FACE THIS TRUTH
I SINCERELY APPLAUD THE PORT'S EFFORTS TO ADDRESS THE CLIMATE EMERGENCY THROUGH ITS VARIOUS INITIATIVES, BUT I ALSO CAUTION YOU NOT TO SEE THE CLIMATE EMERGENCY AS A PROBLEMS THAT WE CAN OVERCOME THROUGH MERE TECHNOLOGY OR POLITICAL CALCULUS THAT ALTERS THE CLIMATE MATH
AS EINSTEIN SAID PROBLEMS CAN NEVER BE SOLVED BY THE WAY OF THINKING THAT FIRST CREATED THEM
CAPITALISM, WHICH SEES THE PLANET AS A RESOURCE TO BE EXPLOITED AND USED AND EVEN PROTECTED BUT SOMETHING SEPARATE AND EXTERNAL ON RATHER THAN AN EXTENSION OF OUR OWN MIND, BODY, AND SPIRIT IS AT THE CORE OF OUR COLLECTIVE IGNORANCE
WE NEED TO TRANSCEND OUR MATERIALISTIC VIEW POINT AND ADOPT ONE MORE IN ALIGNMENT WITH AN INDIGENOUS UNDERSTANDING OF SACREDNESS IN ORDER TO MAKE OUR WORK AND PRIORITIES CLEAR
PROMOTING GIANT CRUISE SHIPS, ESPECIALLY DURING A GLOBAL PANDEMIC, IS NO LONGER IN ALIGNMENT WITH THE COMMON GOOD
THANK YOU
THANK YOU JORDAN
THE NEXT PUBLIC SPEAKER, PLEASE
YES, THE NEXT SPEAKER IS IRIS ANTMAN
HELLO THERE, GOOD AFTERNOON, COMMISSIONERS AND EXECUTIVE DIRECTOR METRUCK
MY NAME IS IRIS ANTMAN AND I TOO AM WITH SEATTLE CRUISE CONTROL
WHAT A YEAR IT'S BEEN
COVID-19, NO CRUISE SEASON, THE T46 PROJECT ON HOLD, ECONOMIC MELTDOWN, PROTESTS OVER SYSTEMIC RACISM, AND THE PRESIDENTIAL ELECTION MANY OF US FEEL RELIEVED THAT WILL ADDRESS THE CLIMATE CRISIS CHALLENGES OF OUR TIME
THE PANDEMIC HAS BEEN AN OPPORTUNITY NOT TO WAIT TO RETURN TO NORMAL BUT TO SEE THAT IT IS TIME TO MAKE SUBSTANTIVE AND SYSTEMIC CHANGES IN HOW WE LIVE, TRAVEL, AND POWER OUR LIVES
IT IS ALREADY TOO LATE, AS JORDAN JUST ALLUDED TO, TO AVOID INCONCEIVABLE LOSSES, WHICH I KNOW YOU ARE ALL WELL AWARE OF
I SUSPECT WHEN YOU THINK ABOUT THESE LOSSES, YOUR HEARTS BREAK, AND AS DOES MINE
BUT IT IS NOT TOO LATE TO MAKE CHANGES THAT CAN MEANINGFULLY SLOW THE COURSE OF GLOBAL WARMING WHILE LEARNING HOW TO ADAPT AND TO CREATE RESILIENT SYSTEMS THAT WILL ALLOW FOR A SAFER FUTURE AS POSSIBLE
WHAT ARE YOU CALLED UPON TO DO AS PORT COMMISSIONERS TO HELP BUILD THE BEST POSSIBLE FUTURE? I HAVE TWO SUGGESTIONS
THE FIRST IS TO HOLD CRUISE LINES RESPONSIBLE AND ACCOUNTABLE FOR FULLY IMPLEMENTING THE CDC'S GUIDELINES FOR CRUISE RESUMPTION
SECOND, SEVERAL MONTHS AGO, SEATTLE CRUISE CONTROL SUBMITTED TO YOU THE PRINCIPLES OF RESPONSIBLE CRUISE TOURISM CREATED BY THE GLOBAL CRUISE ACTIVIST NETWORK WHEREIN THE CRUISE INDUSTRY IS HELD ACCOUNTABLE LOOK FOR CLEANING UP THEIR ACT
HAVE YOU READ THIS DOCUMENT? ARE YOU WILLING TO SUPPORT AND ENFORCE IT? THESE PRINCIPLES AND THE STEPS THEY OUTLINED ARE NOT A NICE WISH LIST, BUT ARE MEASURES THAT MUST BE TAKEN IN ORDER TO HONOR THE PART OF YOUR MISSION THAT SPEAKS TO ENVIRONMENTAL STEWARDSHIP
YOUR MANDATE FOR ENVIRONMENTAL SUSTAINABILITY IS AS IMPORTANT AS THE ONE FOR ECONOMIC GROWTH AND THEY MAY IN FACT BE MUTUALLY EXCLUSIVE
THIS CAN NO LONGER BE IGNORED
THANK YOU
ALL RIGHT
THE NEXT SPEAKER IS STEFAN MORRIS
THANK YOU
GOOD AFTERNOON PORT COMMISSIONERS
I'M STEFAN MORRIS WITH UNITE HERE LOCAL 8
AS THE COVID-19 PANDEMIC SOARS BACK WITH NUMBERS PREVIOUSLY UNHEARD OF, WORKERS WHO ARE NOT INCLUDED IN THE SEATAC MINIMUM WAGE SUCH AS AIRLINE CATERING WORKERS
FIND THEMSELVES IN A SITUATION OF HAVING TO WORK EVERY MINUTE THEY CAN SCRAPE TOGETHER, PUTTING THEMSELVES AT RISK OF COVID-19, WHILE STILL BEING PAID SO LITTLE THAT THEY CANNOT AFFORD BASIC NECESSITIES AND HEALTH CARE DURING A HEALTH CARE AND UNEMPLOYMENT DISASTER
WE APPLAUD THE PORT OF SEATTLE FOR CENTERING A RACIAL EQUITY AGENDA IN RECENT WEEKS, AND I WANT TO THANK YOU PORT COMMISSIONERS FOR YOUR LEADERSHIP
I ALSO WANT TO THANK YOU AGAIN FOR YOUR PARTNERSHIP IN APPROACHING THE STATE LEGISLATURE FOR SOLUTIONS LAST LEGISLATIVE SESSION ON THE WAGE ISSUE FACING CERTAIN WORKERS
THE MOST RACIALLY DIVERSE GROUP OF WORKERS AT THE PORT OF SEATTLE COMPRISED OF OVER 95% BIPOC WORKERS IS PAID LESS THAN ANY OTHER GROUP OF WORKERS AT SEA-TAC AIRPORT
AND SO THAT FOR US BRINGS ALL OF THOSE ISSUES TOGETHER
THIS WAGE AND EQUITY CRISIS AT THE AIRPORT IS UNTENABLE
BUT IT'S ALSO AN OPPORTUNITY TO MAKE THINGS RIGHT AND ADVANCE THE GOALS OF RACIAL EQUITY AND YOUR RACIAL EQUITY AGENDA IN A TANGIBLE WAY THAT WILL CHANGE PEOPLE'S LIVES
WE URGE YOU TO MOVE FORWARD THIS YEAR ON MAKING USE OF THE ABILITY CREATED BY SENATE BILL 6217 IN THE LAST LEGISLATIVE SESSION AND VOTE FOR EQUALITY FOR HUNDREDS OF WORKERS, INCLUDING THOSE WHO WILL TESTIFY BEFORE YOU TODAY
YOU WILL JOIN SAN FRANCISCO AIRPORT, WHO ARE VOTING TODAY ON EXPANDING HEALTHCARE ACCESS FOR AIRPORT WORKERS AND LEADING THE WAY FOR THOSE WHO NEED IT THE MOST DURING THESE DIFFICULT TIMES
WE FEEL INCREDIBLE URGENCY TO MAKE THINGS RIGHT
THE TIME FOR ACTION IS NOW AND I URGE YOU TO JOIN US IN GETTING THIS DONE TOGETHER AS FAST AS WE CAN
THANK YOU
YOU'RE MUTED COMMISSIONER
THERE WE GO
THERE WE GO
THANK YOU STEFAN
PLEASE CALL THE NEXT SPEAKER, LAUREN
YES
THE NEXT SPEAKER IS RONNIE COLIMA
AND I BELIEVE THE NEXT BATCH OF SPEAKERS WILL ALL BE SPEAKING FROM THE SAME DESK TOP ACCOUNT
GOOD AFTERNOON BOARD OF COMMISSIONERS
ONCE MORE, WE ARE HERE AGAIN IN FRONT OF YOU BUT IN DIFFERENT WAYS BECAUSE OF THIS PANDEMIC
WE ARE DOING THIS VIRTUALLY
I HOPE EVERYONE IS HEALTHY AND SAFE AND THANK YOU FOR THE OPPORTUNITY TO SPEAK
MY NAME IS RONNIE
I WORK AT [INAUDIBLE] AS A DRIVER FOR SEVEN YEARS
[INAUDIBLE] WE WORK DIRECTLY WITH THE AIRLINE BY BRINGING THE FOOD INTO THE PLANE
MOST OF MY CO-WORKERS MAKE THIRTEEN DOLLAR AND FIFTY CENT
WE ALL WORK HARD
WE'VE BEEN CARRYING THOUSANDS OF POUNDS EVERY DAY AND IT'S NOT EASY FOR OUR BODY AND IT'S PHYSICALLY EXHAUSTING
NOT HAVING MEDICAL INSURANCE A IS VERY SCARY THING
I USED TO HAVE MEDICAL, BUT IT COST $412 EVERY MONTH FOR ME AND MY FAMILY
AND I CANNOT AFFORD THIS ANYMORE
SAME WITH MY CO-WORKERS TOO
MANY OF US, WE DO NOT HAVE MEDICAL BECAUSE WE NEED TO MAKE SURE THE FOOD IS ON THE TABLE
[INAUDIBLE] MINIMUM WAGE, THIS IS THE REASON WHY WE KEEPING COMING TO YOUR OFFICE ASKING FOR YOUR HELP
TODAY WE ARE HERE, PROUD TO SAY THAT WE WE WANT THIS 6217 [INAUDIBLE] YOU THE POWER OF INQUIRY ABOUT INPUT AIRLINE CATERING WORKERS TO SEE THAT MINIMUM WAGE
WE ARE COUNTING ON YOUR ACTION BY IMPLEMENTING SENATE BILL 6217 AND BY DOING THE RIGHT THING
YOU MAKE OUR LIFE BETTER BECAUSE THIS MINIMUM WAGE WILL GIVE US AND YOU KNOW, $172 EVERY MONTH AND THIS MONEY WOULD BE ENOUGH FOR THE MEDICAL PREMIUM
THE MOST OF US WE NEED TO THINK TWICE IF WE ARE GOING TO DO MEDICAL OR FOOD FOR OUR FAMILIES
WE ARE COUNTING ON YOU TO IMPLEMENT THIS
THANK YOU
THANK YOU, RONNIE
NEXT SPEAKER, PLEASE
THE NEXT SPEAKER [INAUDIBLE] HI, MY NAME IS SONNY SALLY AND I'M SPEAKING FOR SARAH
SHE DOESN'T SPEAK ENGLISH THAT WELL
I'M INTERPRETING FOR HER
THIS IS WHAT SARAH SAID
GOOD MORNING PORT OF COMMISSIONERS
MY NAME IS SARAH AND I HAVE BEEN WORKING WITH THE GATE GOURMET FOR 40 YEARS
I'M SINGLE MOM WITH ONE-YEAR-OLD DAUGHTER
I MAKE $14.68 PER HOUR WHICH COMES TO $1,950 NET PAY A MONTH
MY RENT IS $1,300
MY COVID CHILDCARE IS $400
MY CAR INSURANCE IS $330
MY CAR PAYMENT IS $200
ELECTRIC AND PHONE ON TOP OF THAT
YOU'RE LOOKING AT THE EXPENSES THAT I HAVE
THE MONEY I HAVE FOR MY PAYCHECK DOESN'T COVER MY EXPENSES
WITHOUT MY AUNT'S HELP, MY DAUGHTER AND I WON'T SURVIVE IN THIS COUNTRY
I COME TO AMERICA TO DREAM OF A BETTER LIFE
BUT NOW I AM LOSING HOPE BECAUSE I HAVE THIS STRUGGLE I AM FACING
I WANTED TO BE STRONG FOR MY DAUGHTER BECAUSE I WANT HER TO HAVE A BETTER LIFE, BUT IT'S NOT REALLY HAPPENING
RIGHT NOW WE HAVE THIS EPIDEMIC
AS SINGLE MOM I HAVE I HAVE THE CHOICE TO GO TO EVERY DAY TO WORK, MAKE SURE THAT I HAVE MONEY TO PAY MY BILLS
BUT I WORRY EVERY DAY BECAUSE IF I GET SICK, I DON'T HAVE MEDICAL INSURANCE AND WHAT WILL HAPPEN TO MY DAUGHTER AND HOW AM I GOING TO PAY MY BILLS? COMMISSIONER, I AM HERE TODAY ASKING YOU TO IMPLEMENT SENATE BILL 6217 THAT WILL HELP AIRLINE CATERING WORKERS TO BE INCLUDED AT SEA-TAC COMMISSIONER WAGE
BY DOING THAT RIGHT NOW, CHANGING OUR LIVES
YOU'RE HELPING WITH A DECENT LIFE
AN ADDITIONAL OF $254 TO MY PAYCHECK
THAT WILL MAKE DIFFERENCE
WE ARE COUNTING ON YOU TO IMPLEMENT SENATE BILL 6217
THANK YOU
THANK YOU
NEXT SPEAKER, PLEASE
YES
NEXT IS MARIA MOLINO
THANK YOU
HI, MY NAME IS MARIA MOLINA
AND I'M ANDY
I'LL BE HELPING WITH INTERPRETING
OKAY, SO GOOD AFTERNOON PORT COMMISSIONERS
MY NAME IS MARIE MOLINA AND I HAVE BEEN WORKING AT GATE GOURMET FOR 19 YEARS AS A COOK
I HAVE TWO KIDS
I PAY RENT WHICH IS SIXTEEN HUNDRED DOLLARS EVERY MONTH
SINCE MARCH I HAVE BEEN OUT OF WORK
I'VE BEEN ON LAY OFF BECAUSE OF COVID-19 AND IT IS SO SAD THAT WE, THE AIRLINE CATERING WORKERS, WHO MAKE LESS THAN MINIMUM WAGE WE'RE THE FIRST ONES THAT ARE AFFECTED BY THIS PANDEMIC
LIFE IS REALLY HARD FOR ME AND NOW IT'S HARDER AND SCARIER BECAUSE IF I GET SICK, I DON'T HAVE MEDICAL
THE COMPANY CUT MY MEDICAL BECAUSE I HAVE BEEN LAID OFF
IF I HAD SAVINGS MAYBE I WOULDN'T BE SO WORRIED THIS MUCH
BUT WE'RE NOT EVEN ABLE TO SAVE ANY MONEY IF WE CAN'T EVEN AFFORD TO COVER OUR MONTHLY BILLS AND COSTS
MOST OF US MAKE LESS THAN THE SEATAC MINIMUM WAGE AND IT'S UNFAIR BECAUSE WE ALSO WORK IN SEATAC AND WE HAVE BEEN BEHIND FOR A LONG TIME
BUT NOW WE HAVE THIS LAW SENATE BILL 6217, A LAW THAT CAN GIVE YOU THE POWER TO INCLUDE US INTO THE SEATAC MINIMUM WAGE
IT'S ONLY YOU WHO CAN HELP US BY IMPLEMENTING SB 6217 TO CHANGE OUR LIVES
COMMISSIONERS, THIS IS THE TIME THAT YOU SHOW US THAT YOU CARE ABOUT EQUALITY AND RACIAL JUSTICE ON YOUR PORT AND THAT YOU PROVIDE BETTER JOBS AND BETTER LIFE TO ALL THE PEOPLE WHO WORK IN AIRPORT AND CITY OF SEATAC
WE ARE COUNTING ON YOU
OKAY, THAT'S IT
THANK YOU
THANK YOU
THANK YOU
NEXT SPEAKER
YES
NEXT IS KUFA BANTA
GOOD AFTERNOON PORT COMMISSIONERS
THIS IS KUFA
I'VE BEEN WORKING HERE FOR ALMOST FIVE YEARS
I'M AN IMMIGRANT FROM ETHIOPIA
90% OF WORKERS IN AIRPORT CATERING ARE IMMIGRANTS LIKE ME
THE MAJORITY OF THEM ARE WOMEN MAKING LESS THAN THE MINIMUM WAGE
IT IS NOT FAIR FOR THEM AND FOR ALL OF US WHO WORK HARD AND MAKE LESS THAN THE SEATAC MINIMUM WAGE AND OTHER WORKERS AROUND THE AREA MAKE $16.45
THIS IS NOT JUSTICE
I'M HERE TODAY TO ASK YOU TO IMPLEMENT SENATE BILL 6217 THAT HELPS WORKERS FROM AIRLINE CATERING TO BE INCLUDED IN SEATAC MINIMUM WAGE
AS YOU ALL KNOW THAT WE IN AIRLINE CATERING WORKERS ARE LEFT BEHIND FOR ALMOST SIX YEARS NOW
BY DOING THE RIGHT THING, YOU ARE SHOWING TO IMPLEMENT AROUND THE AIRPORT AND THE THIS CITY THAT YOU ARE ADDRESSING THE RACIAL INEQUALITY INJUSTICE THAT WE ARE FACING IN THE SYSTEM RIGHT NOW
AND BY IMPLEMENTING SENATE BILL 6217, YOU ARE CHANGING PEOPLE'S LIFE TO BE DECENT
THANK YOU FOR YOUR MAKING SURE THAT WORKING CLASS PEOPLE CAN HAVE DECENT LIFE BY WORKING AROUND AIRPORT AND THIS CITY
THANK YOU
THANK YOU
NEXT SPEAKER, PLEASE
YES
NEXT IS JOSEPH WALLACE
JOSEPH GOOD AFTERNOON COMMISSIONER
MY NAME IS JOSEPH WALLACE
I WORK FOR LSG SKY CHEFS FOR TWO AND A HALF YEARS AT THE WAREHOUSE
PART OF MY JOB IS TO RECEIVE AND DELIVER, ORGANIZE, STOCK, AND GIVE SUPPLIES TO THE OTHER DEPARTMENTS
AND I ALSO CARRY WINE AND BEVERAGE TO HORIZON TRUCK TO THE LOADING DOCK
OUR JOB IS HEAVY AND EXHAUSTING
SOMETIMES IF WE GET SICK, MAYBE IF I AM SICK I CANNOT AFFORD TO GO TO THE DOCTOR
BECAUSE I DON'T HAVE MEDICAL INSURANCE
I CANNOT AFFORD TO PAY FROM MY POCKET
I MAKE $15.90 AN HOUR
MY GROSS INCOME PER MONTH IS $2,544
$1,800 IS MY MONTHLY COST AS A SINGLE PERSON, I BARELY SURVIVE
I HAVE A DREAM SOMEDAY I COULD HAVE MY OWN FAMILY BUT WITH THIS MONEY I'M MAKING IT'S IMPOSSIBLE TO HAPPEN
HOW CAN I AFFORD TO HAVE A KID WHEN I CAN BARELY SUPPORT MYSELF? I DO NOT WANT THEM TO SUFFER WHAT I AM SUFFERING RIGHT NOW
$15.90 PER HOUR I BARELY SURVIVE
WHAT ABOUT MY CO-WORKERS WHO HAS FAMILY AND KIDS AND THEIR SOLUTION IS WORSE THAN MINE
BECAUSE MOST OF MY CO-WORKERS IN THE AIRLINE CATERING MAKES THIRTEEN FIFTY AN HOUR
IT'S SO SAD
I THINK THAT IN THIS [INAUDIBLE] BARELY SURVIVED BY BEING USED BY IMPLEMENTING SENATE BILL, AIRLINE CATERING IS GOING TO BE DECENT
WE ARE COUNTING ON YOUR ACTION
ONCE MORE PLEASE
IMPLEMENT SB 6217
THANK YOU
THANK YOU
NEXT SPEAKER, PLEASE
YES, THE NEXT SPEAKER IS CAYA TANO
YES
YES
GOOD AFTERNOON COMMISSIONERS AND EVERYONE HERE IN THE MEETING
AND I WOULD LIKE TO THANK EVERYONE HERE FOR GIVING ME THE OPPORTUNITY TO SPEAK AND TO BE A PART OF THIS MEETING
MY NAME IS CAYA TANO BELONE
I'VE BEEN WORKING IN LSG SKY CHEFS AS AN ASSISTANT DRIVER FOR ONE YEAR
ME AND MY COWORKER WORK BOTH IN COLD AND HOT WEATHER, ARE ALWAYS [INAUDIBLE] TO CATER THE PLANE
THERE ARE LOTS OF SAFETY RULES WE HAVE TO FOLLOW
A COUPLE MISTAKES AND WE COULD LOSE OUR JOBS
AIRLINE CATERING'S NOT EASY JOB
BUT FOR MOST OF US, THIS IS THE FIRST JOB THAT WE HAVE HERE
SO WE ARE THANKFUL
MAJORITY IN AIRLINE CATERING IS IMMIGRANT LIKE ME
I HAVE TWO KIDS AND WIFE
THEY JUST ARRIVED FROM THE PHILIPPINES
I'M WORRIED THAT AS THE SINGLE SOURCE OF INCOME IN MY FAMILY THAT I CANNOT PROVIDE THEM WITH A DECENT LIFE
SAD THAT I'VE BEEN WORKING HARD BUT STILL HAVE THIS WORRY
I AM ALSO CONCERNED WITH MY FELLOW CO-WORKERS WHO MAKES A LOWER RATES THAN MYSELF WHICH MOST OF THEM MAKE THIRTEEN FIFTY PER HOUR
THE REASON WHY I'M WRITING TODAY TO ASK YOU PLEASE TO IMPLEMENT SB 6217
THIS BILL WILL INCLUDE US ON THE SEATAC MINIMUM WAGE 1645
IF THIS IMPLEMENT IT WILL GIVE US LESS WORRY ON OUR DAILY LIVES
THANK YOU AND STAY SAFE AND GOD BLESS
THANK YOU
NEXT SPEAKER, PLEASE
YES
NEXT IS MARY BETH QUOTARIO
HI, GOOD AFTERNOON, PORT COMMISSIONER
MY NAME IS MARY BETH QUOTARIO
AND I'M READING THIS [INAUDIBLE[ I AM CONSTITUENT OF BURIEN FOR 16 YEARS
MY NAME IS THERESA CALLER
I WORK AT LSG SKY CHEFS DEPARTMENT FOR 2 YEARS AND 6 MONTHS AND WORKING PART-TIME AT THE SCHOOL
I HAVE ONE DAUGHTER THAT IN COLLEGE AT THE UNIVERSITY OF WASHINGTON
AND AS A APARENT I DREAM THAT MY DAUGHTER FINISHES SCHOOL [INAUDIBLE] PORT COMMISSIONERS, I CANNOT JOIN A PORT MEETING IN PERSON BECAUSE I AM AT WORK
I HOPE THIS LETTER WILL HELP YOU TO UNDERSTAND OUR STRUGGLE IN AIRLINE CATERING
MY WAGE IS $13.50 PER HOUR
I PAY 1000 FOR TWO-BEDROOM IN BURIEN
OTHER EXPENSES LIKE FOOD, ELECTRIC BILLS, AND MORE MY GROSS INCOME IS $2,160
JUST FOR RENT ALONE WE CANNOT SURVIVE WITH MY ONE JOB AT LSG
THAT'S WHY I WORKED TWO JOB
IT'S SO HARD FOR MY BODY AND I'M ALWAYS WORRIED WITH MY HEALTH, ESPECIALLY RIGHT NOW THAT THERE'S A PANDEMIC
I ALWAYS GO TO WORK TO MAKE SURE I CAN PAY MY BILLS
BESIDE FROM THE BILLS MONTHLY I'M WORRIED THAT WILL COME EVERY MONTH
I'M ALSO WORRIED WITH MY HEALTH BECAUSE I DON'T HAVE HEALTH INSURANCE
I CANNOT AFFORD TO PAY 217 PER MONTH FOR MYSELF ALONE
217
THAT'S A LOT OF MONEY FOR ME
THAT IS WHY I'M WRITING A LETTER TO YOU ALL AND I'M LIKE SPEAKING NOW TO ALL YOUR COMMISSIONERS THAT PLEASE LOOK FOR THE EQUALITY OF ALL WORKERS IN SEA
I'M ASKING YOU TO IMPLEMENT THE SENATE BILL 6217 THAT BEEN SIGNED BY OUR GOVERNOR LAST MARCH 19 2020
WE ARE COUNTING ON YOUR SUPPORT AND THANK YOU
THANK YOU
NEXT SPEAKER PLEASE
YES
THE NEXT SPEAKER IS DEBBIE CADCA
THANK YOU FOR ALLOWING US TO SPEAK TODAY
MY NAME IS DEBBIE CADCA
I WORK AT LSG FOR 5 YEARS
START AT WHOLE FOODS AND NOW FOOD COORDINATOR
IT JUST SAD FOR ME BECAUSE WE ARE NOT EXPECTING THAT THIS PANDEMIC EFFORT AS BADLY AS THE FIRST ONE
WE GET DAY OF WORK RIGHT NOW
I'M LAY OFF FROM WORK, BUT MOST OF MY COWORKER BEEN LAID OFF SINCE MARCH
WE AIRLINE CATERING WORKING IMPACT HARD BECAUSE MOST OF US LIVING PAY TO PAYCHECK WITH AN HOURLY RATE OF $13.50 MOST OF MY COWORKER
NO ONE CAN SAVE FROM THAT WAGES BECAUSE WE JUST BARELY SURVIVE
THAT THE REASON WHY I AM HERE TODAY ASKING YOUR ACTION TO IMPLEMENT SB 6217 THAT WE WON LAST MARCH
LAW THAT GIVE YOU THE POWER TO INCLUDE US ON SEATAC MINIMUM WAGES AND BY DOING THAT YOU'RE CHANGING LIFE FOR YOUR AIRLINE CATERING WORKER AND OUR FAMILY
WE ARE COUNTING ON YOU
THANK YOU
THANK YOU, DEBBIE
NEXT SPEAKER, PLEASE
THAT IS ALL I HAVE FOR THIS REGULAR PUBLIC TESTIMONY TIME
THE LAST CHUNK OF SPEAKERS THAT I HAVE IS FOR THE BUDGET PUBLIC HEARING
ALL RIGHT
GOOD
SO WITH THAT WE TURN NOW TO THE CONSENT AGENDA
COMMISSIONER STEINBREUCK, WOULD YOU LIKE ME TO OVERVIEW THE TWO GENERAL PUBLIC WRITTEN COMMENTS THAT WE'VE RECEIVED TODAY? OH, YES
I'M SORRY
YES
WE DO WANT TO HEAR THE SYNOPSIS OF WRITTEN COMMENTS
GREAT, I'LL GO AHEAD AND DO THAT THEN
WE HAVE TO GENERAL PUBLIC COMMENTS RECEIVED AND FIVE RELATED TO THE BUDGET PUBLIC HEARING SO I CAN HOLD THOSE FOR LATER WHEN WE GET TO THAT SECOND SEGMENT OF TIME
YEAH, LET'S HEAR THE THE BUDGET RELATED AT THE HEARING
SURE
ALL OF THESE HAVE BEEN DISTRIBUTED PRIOR TO THIS MEETING TO THE COMMISSIONERS VIA EMAIL SO YOU HAVE THAT FOR YOUR REVIEW
LOOKING AT THE TWO GENERAL COMMENTS WE HAVE RECEIVED TODAY, WE HAVE CHARLA DODDS SPEAKING TO HER CONCERNS ABOUT CLIMATE CHANGE
SHE ASKED THE PORT TO COMPLETE A SUSTAINABLE AIRPORT MASTER PLAN WITH A FULL ENVIRONMENTAL REVIEW AND ADVOCATES FOR A CHANGE TO RCW 53 TO SPECIFY ONE PURPOSE OF A PORT IS TO PROTECT ENVIRONMENTAL RESOURCES AND THE CLIMATE
AND THEN WE ALSO HAVE ONE ADDITIONAL GENERAL WRITTEN PUBLIC COMMENT RECEIVED FROM BERNADINE LUND WHO SPEAKS TO STUDIES THAT LINK NOISE POLLUTION TO HEALTH EFFECTS AND ASK THE PORT REACH OUT TO THE FAA AND PORT STAFF TO SUGGEST A MORE REALISTIC NOISE MEASURE IN CONCERT WITH THE WORLD HEALTH ORGANIZATION STUDY
AND THAT CONCLUDES THE WRITTEN GENERAL COMMENTS THAT WE RECEIVED TODAY
VERY GOOD
THANK YOU, MICHELLE
HEARING NO FURTHER PUBLIC TESTIMONY WE WILL NOW MOVE TO THE CONSENT AGENDA
ITEMS ON THE CONSENT AGENDA ARE CONSIDERED ROUTINE AND WILL BE ADOPTED BY ONE MOTION
ITEMS REMOVED FROM THE CONSENT AGENDA WILL BE CONSIDERED SEPARATELY IMMEDIATELY AFTER ADOPTION
THE REMAINING CONSENT AGENDA ITEMS THERE ARE NO ITEMS I KNOW OF PROPOSED FOR THE REMOVAL FROM TODAY'S MEETING
AT THIS TIME THE CHAIR WILL ENTERTAIN A MOTION TO APPROVE THE CONSENT CALENDAR COVERING ITEMS 8A 8B 8C 8D 8E
AND 8F WAS REMOVED PRIOR TO PUBLICATION AND 8G SO MOVED
IS THERE A SECOND? SECOND
IT'S BEEN MOVED AND SECONDED
THE MOTION HAS BEEN MOVED AND SECONDED, CLERK, PLEASE CALL THE ROLE OF THE MOTION TO APPROVE THE CONSENT AGENDA
BEGINNING WITH COMMISSIONER FELLEMAN
AYE
THANK YOU
COMMISSIONER CHO
AYE
THANK YOU COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER BOWMAN
AYE
THANK YOU
AND COMMISSIONER STEINBREUCK
YES
WE HAVE FIVE YESES AND 0 NO'S
MOTION PASSES AND THE CONSENT AGENDA IS APPROVED
NEXT ITEM IS ITEM NUMBER NINE
UNFINISHED BUSINESS
I KNOW OF NO UNFINISHED BUSINESS, BUT THERE'S ALWAYS MORE WORK TO DO
WITH THAT, LET'S MOVE TO A NEW BUSINESS
CLERK HART, PLEASE READ THE FIRST ITEM FROM THE RECORD
THANK YOU COMMISSION PRESIDENT
THIS IS ITEM 10A INTRODUCTION OF AND HOLD A PUBLIC HEARING REGARDING RESOLUTION NUMBER 3779, A RESOLUTION OF THE PORT COMMISSION OF THE PORT OF SEATTLE ADOPTING THE FINAL BUDGET OF THE PORT OF SEATTLE FOR THE YEAR 2021 MAKING, DETERMINING, AND DECIDING THE AMOUNT OF TAXES TO BE LEVIED UPON THE CURRENT ASSESSMENT ROLE, PROVIDING PAYMENT OF BOND REDEMPTIONS AND INTEREST, COST OF FUTURE CAPITAL IMPROVEMENTS AND ACQUISITIONS, AND FOR SUCH GENERAL PURPOSES ALLOWED BY LAW WHICH THE PORT DEEMS NECESSARY, AND DIRECTING THE KING COUNTY COUNCIL AS TO THE SPECIFIC SIMS TO BE LEVIED ON ALL OF THE ASSESSED PROPERTIES OF THE PORT OF SEATTLE DISTRICT IN THE YEAR 2021
DIRECTOR METRUCK
COMMISSIONERS LEADING UP TO TODAY'S INITIAL ACTION ON THE PROPOSED 2021 BUDGET WE HAVE PROVIDED YOU WITH NINE BRIEFINGS AND HAVE MET WITH YOU INDIVIDUALLY
WE'VE HOSTED TWO VIRTUAL INFORMATION SESSIONS AND PROVIDED PUBLIC NOTICE THROUGH THE DAILY JOURNAL OF COMMERCE
YOUR INPUT AND SUBSEQUENT FEEDBACK HAVE SHAPED THE BUDGET THAT IS BEFORE YOU TODAY
THIS IS A BUDGET THAT RESPONDS TO REGIONAL NEEDS BY IMPROVING CUSTOMER SERVICE, EXPANDING ECONOMIC ACTIVITY, AND SUPPORTING ACROSS OUR REGION, SUPPORTING HABITS AND COMMUNITIES
WE'VE TIGHTENED OUR BELT, DEFERRED PROJECTS, AND MADE CUTS TO OUR BUDGET IN THE FACE OF THE UNCERTAINTY AHEAD OF US
WE LOOK FORWARD TO TODAY'S CONVERSATION AND FEEDBACK
HERE'S A NUMBER OF PRESENTERS TODAY, BUT I'M GOING TO TURN IT OVER TO OUR CHIEF FINANCIAL OFFICER DAN THOMAS TO KICK US OFF
DAN? THANK YOU STEVE
GOOD AFTERNOON COMMISSIONERS
IF WE COULD GET THE PRESENTATION UP
ACTUALLY IF YOU COULD JUST NOW GO TO SLIDE TWO
I THINK THERE'S REALLY JUST AN OVERVIEW OF WHAT WE'LL BE COVERING TODAY
AND LET'S ACTUALLY JUST MOVE NOW ON TO SLIDE 3
SO THIS IS JUST AN OVERVIEW OF THE PROCESS THIS YEAR
AS YOU CAN SEE IT'S BEEN A LONG PROCESS BEGINNING BACK IN THE SUMMER
SO A LOT OF STEPS
A LOT OF BRIEFINGS WITH THE COMMISSION
ALSO JUST A NOTE THAT WE DID HAVE TWO PUBLIC WORKSHOPS ON BOTH AVIATION AND THEN THE MARITIME AND EDD SIDE OF THE HOUSE
THEY WERE VERY WELL ATTENDED
BUT THIS ALSO DOESN'T CAPTURE THE FACT AS YOU KNOW, WE ALSO REVISED OUR 2020 BUDGETS
SO IN THE MIDST OF THIS CHALLENGE THIS YEAR AS YOU KNOW, EARLIER THIS YEAR WE SPENT A LOT OF TIME REVISING THE 2020 BUDGET TO REFLECT THE DECREASE IN REVENUES AND DECREASED EXPENSES THAT WE WE IMPLEMENTED IN RESPONSE
SO I REALLY WANT TO JUST ACTUALLY RECOGNIZE THE HARD WORK OF OUR FINANCE AND BUDGET STAFF
STEVE MENTIONED EARLIER THE GF AWAY BUDGET AWARD, BUT REALLY A LOT OF GREAT WORK AND DEDICATION FROM OUR BUDGET STAFF TO REALLY AS WE GOT INTO THIS PANDEMIC THIS YEAR AND THE CRISIS AND A LOT OF WORK GOING ON TO EVALUATE THE FINANCIAL IMPACTS
A LOT OF DEVELOPMENT OF SCENARIOS AND PROJECTIONS
THE WORK THAT THEY DID TO CREATE THE REVISED BUDGET WAS PRETTY SIGNIFICANT
AND ALL OF THAT ON TOP OF IMPLEMENTING A NEW BUDGET SYSTEM THIS YEAR
SO THAT WAS NO SMALL FEAT AND AGAIN, I JUST WANT TO GIVE A SHOUT OUT TO ALL OF OUR HARD-WORKING AND DEDICATED FINANCE AND BUDGET STAFF
NEXT SLIDE, PLEASE
SO JUST VERY BRIEFLY, YOU'VE HEARD MUCH OF THIS IN TERMS OF THE FORECASTS AT THE AIRPORT SIDE
OBVIOUSLY
WE ARE PROJECTING ABOUT A SIXTY ONE PERCENT DECLINE THIS YEAR IN ENPLANEMENTS
THAT WAS ONE OF THE SCENARIOS THAT WE ADOPTED EARLIER IN THE YEAR AFTER CONSIDERING A COUPLE OF DIFFERENT SCENARIOS
WE ARE TRACKING VERY VERY CLOSELY TO THAT
SO WE DO EXPECT THAT YEAR END WILL COME IN AT ABOUT THAT LEVEL
AND THEN AGAIN AS YOU CAN SEE, WE DO EXPECT SOME IMPROVEMENT NEXT YEAR, BUT WE STILL ARE EXPECTING TO BE ABOUT 30% BELOW 2019 LEVELS IN 2021
AND OF COURSE THE OTHER BIG ONE AS YOU KNOW IS ON THE CRUISE SIDE
WE PRETTY MUCH LOST OUR ENTIRE CRUISE BUSINESS THIS YEAR
WE ARE HOPEFUL FOR NEXT YEAR AND OPTIMISTIC
AS YOU KNOW, THE CDC HAS LIFTED THE NO SALE ORDER FOR UNITED STATES CONDITIONALLY, SO WE ARE HOPING TO SEE SOME IMPROVEMENT BUT FROM A BUDGETARY STANDPOINT WE DID PROJECT VERY CONSERVATIVELY AT ONLY ABOUT 25% OF THE PASSENGER LEVELS THAT WE OTHERWISE WOULD HAVE FORECAST
AND THEN THE BRIGHT LIGHT ON THE HORIZON IS ACTUALLY WE'RE EXPECTING TO SEE A PRETTY SIGNIFICANT INCREASE IN GRAIN VOLUMES NEXT YEAR AS WE'RE SEEING SOME RECOVERY IN THAT BUSINESS
NEXT SLIDE PLEASE
THESE ARE SOME OF THE KEY BUDGET DRIVERS FOR 2021
I'M NOT GOING TO GO THROUGH THESE IN DETAIL
YOU'VE HEARD MUCH OF THIS AS PART OF THE PRESENTATIONS GIVEN TO YOU IN OCTOBER AND LATE SEPTEMBER
I REALLY THINK THE POINT HERE IS THAT WE ARE CONTINUING TO PURSUE THE OVERALL PORT MISSION AND CONTINUING TO IMPLEMENT MANY OF THE CRITICAL OBJECTIVES AND STRATEGIES THAT WE HAVE SET FORTH
SO DESPITE THE PANDEMIC AND DESPITE THE CHALLENGES, WE ARE CONTINUING TO MOVE ON ON MANY OF OUR KEY INITIATIVES THAT I KNOW ARE SO IMPORTANT TO THE COMMISSIONERS, AND STAKEHOLDERS IN THE COMMUNITY
NEXT SLIDE PLEASE
AGAIN THIS JUST HIGHLIGHTS SOME OF THE KEY COMMUNITY INVESTMENTS THAT WE'LL BE PURSUING NEXT YEAR
WE HAVE A LITTLE BIT MORE DETAIL ON THESE LATER IN THE PRESENTATION
I WANT TO NOTE ALSO THAT THE COMMISSION STEPPED UP TO PROVIDE ABOUT 3 MILLION DOLLARS OF ADDITIONAL FUNDING THIS YEAR AS PART OF THE ECONOMIC RECOVERY
WE ADDED 3 MILLION DOLLARS OF ADDITIONAL FUNDING BOTH FOR TOURISM SUPPORT AND FOR THE YOUTH JOBS INITIATIVE WHICH WAS HIGHLY SUCCESSFUL
SO AGAIN CONTINUING TO FOCUS ON SOME OF THE KEY INVESTMENTS IN THE COMMUNITY AS THE PORT HAS BEEN VERY STRONGLY BEHIND ECONOMIC RECOVERY AND IN EQUITABLE RECOVERY IN PARTICULAR
NEXT SLIDE
SO THIS IS JUST AGAIN A ROLLUP OF ALL THE NUMBERS YOU'VE SEEN IN PAST PRESENTATIONS
THIS IS JUST A SUMMARY PORT WIDE
I GUESS JUST TO HIGHLIGHT THAT WHILE AS YOU CAN SEE ON THE RIGHT SIDE OF THE TABLE AT THE TOP
OVERALL WE'RE PROJECTING REVENUES PORT WIDE WILL BE DOWN ABOUT A HUNDRED AND THIRTY ONE MILLION DOLLARS COMPARED TO WHAT WE ORIGINALLY BUDGETED THIS YEAR
BUT IF YOU COMPARE THAT TO OUR FORECAST FOR THIS YEAR, WHERE WE THINK WE'RE GOING TO WIND UP AT YEAR END, WE'RE PROJECTING TO BE UP ABOUT A HUNDRED AND SEVENTY FIVE MILLION DOLLARS ABOVE WHERE WE EXPECT TO WIND UP THIS YEAR
SO PRETTY SIGNIFICANT IMPROVEMENT ON THE REVENUE SIDE
SEEING IMPROVEMENTS ACROSS MOST OF OUR BUSINESS LINES
AGAIN, EXPENSES DUE TO OUR COST CONTAINMENT EFFORTS ARE DOWN ABOUT 47 MILLION DOLLARS COMPARED TO OUR 2020 APPROVED BUDGET
BUT ALSO ONLY UP SLIGHTLY, ALMOST FLAT, COMPARED TO WE THINK WE'RE GOING TO COME IN THIS YEAR IN 2020
SO AS A RESULT, THE NET PERFORMANCE, NET OPERATING INCOME WHILE WE EXPECT IT TO BE DOWN ABOUT 84 MILLION DOLLARS FROM THE 2020 APPROVED BUDGET, WE ARE FORECASTING THAT IT'S GOING TO BE UP A HUNDRED AND SEVENTY ONE MILLION DOLLARS FROM WHERE WE THINK IT'S GOING TO BE THIS YEAR
SO A PRETTY SIGNIFICANT IMPROVEMENT, WHICH AGAIN IS INDICATIVE OF THAT WE DO SEE RECOVERY OCCURRING IN THE COMING YEAR
NEXT SLIDE PLEASE
SO WE DID WANT TO MAKE SURE WE HIGHLIGHT FOR YOU CHANGES IN THE BUDGET THAT HAVE OCCURRED SINCE WE LAST PRESENTED TO YOU IN OCTOBER AND ALSO THE NUMBERS THAT WERE REFLECTED IN THE PRELIMINARY BUDGET
SO WE HAVE MADE SOME CHANGES
MANY OF THEM ARE MODEST AND REFINEMENTS
BUT I DID WANT TO ASK, BORGEN ANDERSON IS ON THE CALL
I WANTED HIM TO JUST GIVE YOU AN UPDATE ON THEIR DECISION TO REALLOCATE SOME OF THE CARES GRANT FUNDING FROM 202O TO 2021 IN THE INTEREST OF BALANCING SOME OF THE RATES FOR THE AIRLINE'S ACROSS DIFFERENT COST CENTERS
SO I'M GOING TO ASK BORGEN TO JUST JUMP IN HERE BRIEFLY AND GIVE YOU AN OVERVIEW OF WHAT THEIR APPROACH THERE WILL BE
BORGEN, YOU THERE? YES
I AM
THANK YOU DAN
AS STEVE METRUCK SAID AT THE OUTSET, OUR THIRD QUARTER RESULTS ARE COMING IN A LITTLE BETTER THAN WE ANTICIPATED AND SPECIFICALLY FOR THE AIRPORT
WHAT WE HAVE BEEN ABLE TO DO FOR 2020 IS TO INCREASE OUR DEBT SERVICE COVERAGE COMPARED TO WHAT WE WERE ORIGINALLY EXPECTING AND WE'VE BEEN ABLE TO BRING DOWN THE ESTIMATED AIRLINE DEFICIT AT THE END OF THE YEAR TO LESS THAN A MILLION DOLLARS
AND THAT WAS ONE OF THE BIG AIRLINE CONCERNS
IN ADDITION, WE HAD A BRIEFING ON 2021 RATES WITH THE AIRLINES ON OCTOBER 26TH AND THE MESSAGE WE GOT LOUD AND CLEAR WAS WHAT CAN YOU DO ABOUT THE 2021 LANDING FEE RATE INCREASE WHICH, WHEN WE SHOWED IT TO THEM, IT WAS GOING TO BE 14%
AND SO IN REFLECTING ON THE IMPROVED Q3 PERFORMANCE FOR 2020, WHAT WE'VE DONE IS TO SHIFT 4.7 MILLION OF CARES GRANT MONEY FROM 2020 AND PRIMARILY FROM NON AERONAUTICAL USES TO 2021 SO THAT WE CAN REDUCE THE LANDING FEE REVENUE REQUIREMENT THEREFORE BRINGING THE RATE INCREASE DOWN TO ONLY TEN PERCENT
AND IT'S THE KIND OF THING THAT WILL ACTUALLY HELP OUR DEBT SERVICE COVERAGE IN 2021 AS WELL
SO WE THINK THIS IS THE RIGHT MOVE TO MAKE AT THIS TIME BALANCING THE NEEDS OF THE PORT WITH THE CONCERNS OF THE AIRLINES
SO I WON'T SIFT THROUGH MOST OF THESE OTHER ADJUSTMENTS
MANY OF THESE ARE JUST SMALL REFINEMENTS AND NUMBERS
SOME INCORPORATION OF SOME TRANSFERS OF IT COSTS THAT HADN'T BEEN REFLECTED IN THE BUDGET WE PRESENTED TO YOU PREVIOUSLY
BORGEN MENTIONED THE GRANT CHANGE, WHICH IS REALLY THE MOST SIGNIFICANT CHANGE AND AGAIN THAT DOES DECREASE AERONAUTICAL REVENUES AND THE GRANTS ARE REFLECTED AT THE BOTTOM OF THE SLIDE HERE
SO NEXT SLIDE, PLEASE
ON THE NON-AIRPORT SIDE, SOME OF THE CHANGES THAT HAVE OCCURRED SINCE YOU LAST REVIEWED THE BUDGET WITHIN THE MARITIME DIVISION, WE DID ADD $50,000 FOR THE ORCA RECOVERY PROGRAM THAT HAS BEEN BUDGET IN THE MARITIME ENVIRONMENTAL DEPARTMENT
SLIGHT CHANGE IN THE JOINT VENTURE, WHAT WE CALL CONTRA EVENT REVENUE
THAT'S JUST A MODEST CHANGE
THE CONTRA REVENUE IS WHAT WE LOOK TO OFFSET, AS YOU KNOW, WE HAVE ABOUT A FOUR MILLION DOLLAR PAYMENT TO THE NORTHWEST SEAPORT ALLIANCE FOR THE 29 ACRES AT TERMINAL 46
BUT THE NET COST TO US IS REALLY ONLY HALF OF THAT BECAUSE OF THE SPLITS BETWEEN THE TWO HOME PORTS AND HOW SOME OF THAT REVENUE FLOWS BACK TO US
THAT'S JUST A MINOR ADJUSTMENT
SOME MINOR ADJUSTMENTS IN MEMBERSHIPS WITHIN THE ECONOMIC DEVELOPMENT DIVISION THAT WERE OVERLOOKED AS PART OF THE INITIAL BUDGET SUBMITTAL
AND THEN WITHIN CENTRAL SERVICES, THE COMMISSION DID REQUEST THAT WE ADD SOME ADDITIONAL FUNDING FOR COMMISSION VIDEO STREAMING TO PARTICULARLY INCORPORATE STUDY SESSIONS AND MAKE SURE THAT THEY COULD BE RECORDED AS WELL
LITTLE BIT OF TRAINING FOR THE POLICE DEPARTMENT
AND THEN AGAIN SINCE SOME MINOR ADJUSTMENTS TO COST RELATED TO THE SEATAC OFFICE CENTER LEASE
SO THESE ARE THE KEY CHANGES THAT HAVE OCCURRED SINCE THE COMMISSION LAST REVIEWED THE BUDGET
NEXT SLIDE PLEASE
I'M GOING TO TURN IT OVER TO MICHAEL TONG TO CONTINUE ON WITH THIS PRESENTATION
THANK YOU, DAN
GOOD AFTERNOON COMMISSIONER AND DIRECTOR METRUCK
I'M HAVING SOME ISSUES WITH MY COMPUTER RIGHT NOW
CAN YOU HEAR ME? YES, WE CAN HEAR YOU
OKAY, SO I DON'T KNOW IF I CAN YOU KNOW, GIVE ME A COUPLE MINUTES
MY COMPUTER IS FROZEN NOW
FOR SOME RIGHT NOW
WE COULD TAKE A PAUSE HERE AND SEE IF THERE ARE COMMISSIONER COMMENTS OR QUESTIONS
OKAY
THANK YOU
I CAN RUN THROUGH THE ROL
COMMISSIONER STEINBREUCK
WE CAN DO THAT
AND THIS IS NOT THE TIME TO INTRODUCE AMENDMENTS
WE'LL GET TO THAT LATER
BEGINNING WITH COMMISSIONER FELLEMAN FOR QUESTIONS AT THIS TIME
NO QUESTIONS
THANK YOU COMMISSIONER CHO
NO, NOT AT THIS TIME
THANKS
THANK YOU
COMMISSIONER CALKINS, NONE FOR ME
THANK YOU
COMMISSIONER BOWMAN
THANK YOU
YEAH, JUST A COUPLE OF QUESTIONS AND IT'S NOT COVERED IN THE SLIDE, BUT DAN I WAS HOPING THAT YOU COULD HELP PROVIDE A LITTLE BIT MORE DETAIL ON OUR MARITIME DIVISION
AND AS WE'RE LOOKING AT OUR SOURCES OF CASH, AND I APOLOGIZE AND REFERRING TO THE PRELIMINARY BUDGET DOCUMENT THAT WE HAVE ALL BEEN ISSUED
FOR 2021 FOR OUR SOURCES OF CASH FOR OUR CASH FLOW WE'VE GOT ABOUT 45 MILLION IN OPERATING REVENUES WHICH ACCOUNT FOR ABOUT 68 PERCENT OF OUR SOURCES OF CASH
AND THEN WE'VE GOT SIXTEEN POINT SIX MILLION IN TAX LEVY WHICH ACCOUNTS FOR ABOUT 25% OF OUR SOURCES OF CASH FOR THE OPERATING OF MARITIME DIVISION
CAN YOU PROVIDE A LITTLE BIT OF DETAIL IN TERMS OF WHAT THE TAX LEVY DOLLARS ARE USED FOR IN MARITIME? THE TAX LEVY DOLLARS FOR MARITIME WOULD PRIMARILY BE USED FOR CAPITAL PROGRAMS, CAPITAL INVESTMENTS
I THINK SOME OF THAT WAS PROVIDED DURING THE PLAN OF FINANCE PRESENTATION
SO WE ARE APPLYING TAX LEVY DOLLARS TO INVESTMENTS
IN PARTICULAR THINGS LIKE FISHERMAN'S TERMINAL IS A LARGE USER OF TAX LEVY DOLLARS, INFRASTRUCTURE IMPROVEMENTS WOULD BE FUNDED WITH THE TAX LEVY
I DON'T HAVE THE LIST, WE CAN WE CAN CERTAINLY GET THAT TO YOU
BUT IT'S PRIMARILY CAPITAL INVESTMENTS WITH
DAN THANK YOU
YEAH, I WOULD BE GREAT TO GET THAT INFORMATION BEFORE WE PASS THE FINAL BUDGET
AND SIMILAR QUESTION ON ECONOMIC DEVELOPMENT BECAUSE IT'S OBVIOUSLY A MUCH LARGER NUMBER THERE
THE TAX LEVY PROVIDES A LITTLE OVER 12 MILLION DOLLARS OR 47% OF THE SOURCES OF CASH FOR ECONOMIC DEVELOPMENT
SO WHEN YOU SAY IT'S PRIMARILY CAPITAL, IS IT EXCLUSIVELY CAPITAL PROJECTS OR PRIMARILY? WELL, I THINK THERE'S A DISTINCTION BETWEEN MARITIME AND ECONOMIC DEVELOPMENT
MARITIMES SIDE, IT'S MUCH MORE PREDOMINANTLY CAPITAL INVESTMENTS
ON THE ECONOMIC DEVELOPMENT SIDE
IT'S A MIX SOME OF IT GOES TO CAPITAL INVESTMENTS
BUT ALSO A FAIR PORTION GOES TO THE SO-CALLED COMMUNITY PROGRAMS MICHAELS GOING TO SHOW YOU A SLIDE OF THAT ONCE HE GETS HIS COMPUTER UP AND RUNNING
BUT YOU KNOW AS THINGS LIKE THE ECONOMIC DEVELOPMENT GRANTS, TOURISM GRANTS, THOSE KINDS OF PROGRAMS ARE ALSO USING TAX LEVY DOLLARS FOR THE ECONOMIC DEVELOPMENT DIVISION
RIGHT, YEAH, WE'VE TALKED ABOUT THAT FOR A LONG TIME
SO AND THEN LAST QUESTION ON MARITIME OR MAYBE NOT LAST QUESTION
YOU KNOW IN OUR YOU KNOW THINGS HAVE OBVIOUSLY WE'VE GOT TO SUCH A DRAMATIC CHANGE FROM THE BUDGET THAT WE ADOPTED LAST YEAR AND WE ADOPTED THAT BUDGET LAST YEAR WE HAD
ACTUALLY BEFORE I START THERE, IS THIS AN APPROPRIATE TIME TO ASK ABOUT SOME CAPITAL PROJECTS OR WOULD YOU PREFER FOR ME TO WAIT? UM, YOU MIGHT WAIT
WE DO HAVE A SLIDE LATER ON CAPITAL.
IT IS A SUMMARY PORT WIDE, SO IT'S NOT ALL THE SPECIFICS
I'LL WAIT
BUT IF YOU WOULDN'T MIND THOUGH JUST A FOLLOW-UP PROVIDING FOR THE COMMISSION AGAIN THAT DETAIL ON THE USES OF THE TAX LEVY FOR MARITIME
AND I JUST WANTED TO CALL OUT
I THINK IT'S JUST IMPORTANT FOR US TO PAY ATTENTION TO
I MEAN WE RIGHT NOW HAVE A NET OPERATING LOSS IN THE MARITIME DIVISION OF 5 MILLION
AND I THINK I'VE GOT MY NUMBER RIGHT
SOMEWHERE AROUND NINE MILLION FOR 2020 AND ESTIMATING A FIVE MILLION DOLLAR LOSS IN 2021
IS THAT RIGHT DAN? THAT SOUNDS ABOUT RIGHT
I DON'T HAVE A SPECIFIC NUMBER IN FRONT OF ME
AND YOU KNOW, MY CONCERN IS THAT I JUST THINK LET'S JUST HAVE SOME TRANSPARENCY ABOUT WHAT WE'RE USING TAX LEVY DOLLARS FOR TO SUPPORT MARITIME
BECAUSE AGAIN AS IT STANDS NOW, IT DOES ON THE CASH FLOW STATEMENT SHOW THAT THAT'S 25 PERCENT OF THE REVENUES FOR THE MARITIME DIVISION AND YET WE'RE STILL SHOWING A LOSS
AND SO OBVIOUSLY WE'VE HAD A DRAMATIC YEAR WITH THE LOSS OF CRUISE REVENUE, BUT I JUST THINK IT'S SOMETHING THAT WE NEED TO BE PAYING ATTENTION TO
YEAH, I'M ACTUALLY JUST TRYING TO PULL UP SOME OF THE SLIDES FROM THE PLAN OF FINANCE
YOU'RE TALKING ABOUT SPECIFICALLY IN 2021
YEAH, OUR BUDGET IN FRONT OF US
NO, I'M LOOKING AT THIS SLIDE
MARITIME DIVISION 2021 BUDGET SUMMARY CASH FLOW SUMMARY
CONTRIBUTING TO THAT QUESTION, WITH THE MARITIME INNOVATION CENTER, WITH THE YOUTH MARITIME COOPERATIVE, WITH THE WATERFRONT ELECTRIFICATION, WITH SOME OF THE ENVIRONMENTAL CLEANUP TO REVITALIZE SOME OF THE TERMINALS, ARE THOSE THINGS ASCRIBED TO THE MARITIME BUDGET? YES, PRIMARILY
YES, THEY WOULD BE
AND I JUST THINK IT'D BE HELPFUL TO HAVE SOME OF THOSE THINGS CALLED OUT SO THAT THERE'S A BETTER UNDERSTANDING OF WHAT THE LEVY DOLLARS ARE SUPPORTING SPECIFICALLY IN THE MARITIME BUDGET
SO ACTUALLY I WAS ABLE TO PULL UP SOME OF THE INFORMATION FROM THE PLAN OF FINANCE AND TAX LEVY DISCUSSION
SO JUST TO TICK OFF SOME OF THE LARGER CAPITAL INVESTMENTS FOR MARITIME AND ECONOMIC DEVELOPMENT
SO THINGS LIKE T-117 ESTORATION IS ONE OF THEM
T-91 NORTHWEST FENDER AGAIN, A LOT OF INFRASTRUCTURE PROJECTS THAT ARE FUNDED
JUST A SMATTERING OF A LOT OF INVESTMENTS AT T91 AND FISHERMAN'S TERMINAL AS I MENTIONED
PIER 66 SHORE POWER, THE GATEWAY BUILDING, CENTRAL WATERFRONT ELEVATOR MODERNIZATION
AND THEN WE ALSO USING SOME OF THE TAX LEVY TO FUND PORT'S INVESTMENTS IN THE NORTHWEST SEAPORT ALLIANCE
SO FOR EXAMPLE, THE TERMINAL 5 PROJECT, CHANNEL DREDGING
THOSE ARE SOME OF THE BIG ONES FOR 2021 THAT ARE FUNDED OUT OF THE TAX LEVY
NON-CAPITAL USES
AGAIN, AS YOU KNOW, A LOT OF LET IT GOES TO PREVIOUSLY ISSUED GO BONDS
ENVIRONMENTAL REMEDIATION
SOME FUNDING AGAIN GOING TO THESE COMMUNITY PROGRAMS LIKE ENERGY AND SUSTAINABILITY, AIRPORT COMMUNITIES, ECONOMIC DEVELOPMENT PROGRAMS, AS I MENTIONED THE GRANTS, WORKFORCE DEVELOPMENT
SO THOSE ARE SOME OF THE NON-CAPITAL USES THAT THE LEVY IS BEING USED FOR
THANK YOU JUST FOR THE FOLLOW-UP
I REALLY APPRECIATE THAT DAN
AND AGAIN JUST YOU KNOW, SPECIFICALLY IT'S CALLED OUT IN THE BUDGET THAT SIXTEEN POINT SIX MILLION DOLLARS OF TAX LEVY DOLLARS ARE USED, ARE A SOURCE OF CASH FOR MARITIME
SO I'M JUST LOOKING FOR WHAT THAT DETAIL IS
I DON'T NEED IT RIGHT NOW
BUT BEFORE WE ADOPT THE BUDGET WOULD BE GREAT
OKAY
THANK YOU
WE JUST APPROVED A 30 MILLION DOLLAR ENVIRONMENTAL REMEDIATION BUDGET FOR THIS YEAR OF A HUNDRED AND SIX MILLION DOLLAR TOTAL FIVE-YEAR ALLOCATION
SO AND MOST OF THAT I BELIEVE IS IN WATER WORK ON THE DUWAMISH AND STUFF
SO I'M NOT SURE IF [INAUDIBLE] WE ALSO HAVE THIS BRAND NEW KILLER WHALE PROGRAM AT WHATEVER WE'RE SPENDING $18,000 ON
BUT THE
BUT I WOULD JUST THINK THE ENVIRONMENTAL REMEDIATION PART THAT IS ATTRIBUTABLE TO MARITIME COULD BE SIGNIFICANT
YES
THAT'S CORRECT
THAT IS ALL FUNDED WITH THE LEVY
AND I'M JUST ASKING FOR JUST A LIST OF WHAT THAT IS SO THAT WE CAN LET THE PUBLIC KNOW
IT'S JUST NOT
I'M TELLING YOU
I'M READING THE BUDGET AND IT'S NOT APPARENT
SO I JUST WANT TRANSPARENCY
EXECUTIVE DIRECTOR METRUCK HERE
WE'LL GET THAT TO YOU
THANK YOU
GREAT
THANK YOU
COMMISSIONER STEINBREUCK, IT'S BACK TO YOU
OKAY, LET'S CONTINUE
OKAY
THANK YOU
I'M SORRY ABOUT THAT TECHNICAL PROBLEM
SO THIS SLIDE IS THE 2021 POST OPERATING BUDGET FOR THE AVIATION DIVISION THAT WILL INCORPORATE ALL THE CHANGES THAT MENTIONED IN THE AREA
IF I COULD DIRECT YOUR ATTENTION TO THE LAST THREE COLUMNS OF THIS TABLE, THE TOTAL OPERATING REVENUES ARE FIVE HUNDRED SEVENTY-SIX MILLION, WHICH IS 108 MILLION OR 15.8 PERCENT REDUCTION FROM THE 2020 APPROVED BUDGET
AS YOU CAN SEE HERE, MAJORITY OF THE REDUCTION IS BEING FROM THE NON-AERONAUTICAL SIDE OF THE BUSINESS
OPERATING EXPENSES OF 340 MILLION, WHICH IS THIRTY SEVEN OR NINE POINT NINE PERCENT LOWER THAN THE 2020 APPROVED BUDGET
AND THE NOI IS BUDGETED AT 236 MILLION
71 MILLION OR 23% LESS THAN THE 2020 APPROVED BUDGET
NEXT SLIDE, PLEASE
THIS IS THE 2021 PROPOSED OPERATING BUDGET SUMMARY FOR NON- AIRPORT BUSINESSES
IF I MIGHT, I WOULD LIKE TO DIRECT YOUR ATTENTION TO THE LAST TWO COLUMNS
OPERATING REVENUES FROM MARITIME DIVISIONS IS SEVENTEEN POINT SIX MILLION LOWER THAN THE 2020 APPROVED BUDGET
MAINLY DUE TO LESS CRUISE ACTIVITY
WE ESTABLISHED EARLIER
WE BUDGETED AT 25% OF THE YEAR 2019 LEVEL
AND THEN ALSO FOR THE EDD, WHICH IS 5.8 MILLION LOWER MAINLY TO THE EVENT CENTER
OVERALL, THE TOTAL PROPOSED OPERATING BUDGET 104 MILLION, WHICH IS 23 MILLION OR 18 PERCENT LOWER THAN THE 2020 APPROVED BUDGET
TOTAL OPERATING EXPENSES BUDGETED AT EIGHTY TWO POINT EIGHT MILLION, 5.7 MILLION OR 10 PERCENT LESS THAN 2020 APPROVED BUDGET
NET OPERATING INCOME IS 21.5 MILLION, WHICH IS 13 MILLION OR THIRTY EIGHT PERCENT LOWER THAN THE 2020 APPROVED BUDGET
NEXT SLIDE, PLEASE
THIS IS A SUMMARY OF ALL THE COMMUNITY PROGRAMS THERE'S A LOT OF NUMBERS HERE
SO I WOULD LIKE TO HIGHLIGHT JUST A FEW FOR YOU
FIRST IN THE 2020 REVISED BUDGET COLUMN, THE SIXTEEN POINT FOUR MILLION TOTAL INCLUDED 1.5 MILLION FOR THE TOURISM SUPPORT PROGRAM AS WELL AS THE 1.5 FOR THE YOUTH OPPORTUNITY PROGRAMS THAT YOU APPROVED EARLY THIS YEAR
[INAUDIBLE] FOR THE 2021 BUDGET WE ADDED 50,000 FOR THE NEW ORCA RECOVERY PROGRAMS AND EXTENDED A ONE TIME LOW CARBON FUEL STANDARD SUPPORT FOR ANOTHER YEAR
FOR MOST PART WE ARE KEEPING THE CORE COMMUNITY PROGRAMS AT A SIMILAR LEVEL AS THE 2020 APPROVED BUDGET
THERE'S A COUPLE OF NOTICEABLE REDUCTIONS
FIRST ONE IS READJUSTED AIRPORT SPOTLIGHT PROGRAM TO REFLECT THE CURRENT MARKET VALUE OF THE AIR SPACE
WHAT HAPPENED WAS THAT WHEN WE PUT THE 2020 BUDGET TOGETHER, WE LEARN FROM KEY CHANNELS THAT THE FAIR MARKET VALUE OF THE AIRSPACE HAVE INCREASED SIGNIFICANTLY DUE TO THE CONVERSION OF THE EARTH LOCATION FROM STANDARD FORMAT TO HIGH-RESOLUTION DIGITAL
HOWEVER, THE PORT CONTROLLED AIRSPACE WAS NOT UPGRADED TO THE NEW DIGITAL FORMAT SO THAT THE COURSE THAT SHOULD HAVE BEEN 2000 ABOUT 2,000 PER MONTH INSTEAD OF 6,000 THAT WE FACTORED INTO THE 2020 BUDGET
SO THIS IS REALLY NOT ABOUT A REDUCTION OF THE AIRSPACE ABOUT THIS ACCOUNT REFLECTION OF THE FAIR MARKET VALUE THAT SHOULD HAVE BEEN LOWER IN THE 2020 BUDGET
THE OTHER MAJOR CHANGES IS THE ACE FUND WHICH IS REDUCED FROM FIVE HUNDRED TWENTY TWO THOUSAND IN 2020 TO 212 THOUSAND IN 2021
THE REDUCTION IS REALLY A REFLECTION OF THE FUND THAT'S [INAUDIBLE] COMPLETION FOR THE QUEEN CITY PARTNERSHIP AND SMALL MATCHING GRANT AND 2021
AND OVERALL
WE SPENT ABOUT THIRTEEN POINT FOUR MILLION FOR 2021 AND 7.9% OR CLOSE TO 60% IS FUNDED FROM THE TAX LEVY AND SO TO ANSWER COMMISSIONER BOWMAN'S QUESTION, AND YOU CAN SEE THOSE PROGRAM FUNDED BY TAX LEVY, SO NUMBER OF TIMES, YOU KNOW SUPPORT THE MARITIME AND EDD AND THE POWER INITIATIVE AS WELL
NEXT SLIDE, PLEASE
THIS IS THE PROPOSED COMPREHENSIVE BUDGET WHICH INCLUDES BOTH THE OPERATING AND NON-OPERATING NUMBERS
YOU WILL SEE THE EXPLANATIONS FOR ALL THE MAJOR BUDGET CHANGES IN THE FAR RIGHT COLUMN, SO I WON'T GO INTO ALL THE DETAIL, BUT I DO WANT TO HIGHLIGHT A FEW NUMBERS FOR YOU
ON THE REVENUE SIDE WE EXPECT A TOTAL OF NINE HUNDRED EIGHTY SEVEN MILLION, WHICH IS 109 MILLION OR 10 PERCENT REDUCTION FROM THE 2020 APPROVED BUDGET
ON THE EXPENSES SIDE WE FORCAST A TOTAL OF 792 MILLION, WHICH IS FIFTY SIX MILLION OR SIX POINT SIX PERCENT REDUCTION FROM THE 2020 APPROVED BUDGET
WE EXPECT [INAUDIBLE] TO BE 195 MILLION FOR 2021
IT IS 53 MILLION OR 21% LESS THAN THE 2020 BUDGET, BUT IT'S STILL A FAIRLY GOOD NUMBER GIVEN THE CHALLENGING ENVIRONMENT THAT WE ARE CURRENTLY IN
NEXT SLIDE PLEASE
THIS IS THE FIVE-YEAR CAPITAL PLAN SUMMARY BY DIVISION
WE ARE PROPOSING 508 MILLION FOR 2021 AND 3.7 MILLION FOR THE NEXT FIVE YEARS
I WOULD LIKE TO NOTE THAT THIS NUMBER DOES NOT INCLUDE OUR SHARE OF THE FIVE-YEAR CIP FOR THE NORTHWEST SEAPORT ALLIANCE WHICH YOU APPROVED YESTERDAY
THAT WILL ADD ANOTHER 155 MILLION TO THE NUMBER HERE
NEXT SLIDE PLEASE
THIS IS THE SOURCES OF FUNDS PORT WIDE WHICH INCLUDES A TOTAL OF 1.7 BILLION FOR 2021
THE TWO BIGGEST SOURCES ARE PROCEED FROM BOND AND OPERATING REVENUE, WHICH IS 40 ALMOST 43 PERCENT AND OVER 36% OF THE TOTAL RESPECTIVELY
THE TAX LEVY MAKE UP ABOUT 4.5 PERCENT OF TOTAL FUNDING
SLIDE, PLEASE
WE EXPECT TO SPEND ABOUT A TOTAL ONE POINT FOUR BILLION NEXT YEAR
THE TWO BIGGEST CASH OUT IS FOR CAPITAL EXPENDITURE AND OPERATING EXPENSES WHICH REPRESENT 35.8% AND ALMOST 30% RESPECTIVELY
WE ALSO EXPECT TO SPEND TWENTY EIGHT POINT EIGHT PERCENT OF THE TOTAL ON DEBT SERVICE WHICH INCLUDES BOND REDEMPTIONS AS WELL AS THE INTEREST PAYMENTS
NEXT SLIDE, PLEASE
THIS IS THE 2021 POST FTE'S ONLY BY DIVISION
OVERALL WE ARE PROPOSING 2393 POINT 7 FTE FOR 2021 WHICH INCLUDE A TOTAL OF 167 FTE THAT HAVE EITHER BEEN FROZEN OR DEFERED UNTIL 2022
SO THEY DON'T HAVE BUDGET FIR THE 167 FTE EVEN WE INCLUDE [INAUDIBLE] IT'S ALSO WORTH NOTE THAT STARTING FROM 2021 THE COLLEGE INTERNSHIP PROGRAM WILL BE CENTRALLY MANAGED BY HR
PUT IN ALL THE POSITION TO HR BUDGET STARTING 2021
AND ALSO WOULD LIKE TO NOTE THAT ALL THE COE THE ENVIRONMENTAL AND ENVIRONMENTAL AND AV FINANCE AND BUDGET AND MARITIME ENVIRONMENTAL AND MARITIME FINANCIAL BUDGET, YOU KNOW STARTING FROM NEXT YEAR WILL BE BACK TO THE OPERATING DIVISION
SO THOSE NUMBER CAN BE FACTORED INTO THAT DEPARTMENT DIVISION FT NUMBER HERE
WOULD LIKE TO ANSWER ANY QUESTION IF YOU HAVE MORE
BUT IF NOT WE CAN WAIT UNTIL AFTER THE NEXT COUPLE OF SLIDE TO TALK ABOUT THE TAX LEVY
LET'S PAUSE HERE FOR A MOMENT
I SEE ONE HAND UP
LET'S GO THROUGH THE ROLL CALL
THANK YOU
BEGINNING WITH COMMISSIONER FELLEMAN
CAN YOU HEAR ME OKAY? IN TERMS OF THE PUBLIC UNDERSTANDING THE TAX LEVY IT'S ALWAYS BEEN A LITTLE BIT COMPLICATED WHEN WE SAY IT'S 4.5% OF THE TOTAL FUNDED, THAT'S FROM THE ACTUALLY CASH REVENUE IT GENERATES RIGHT? BECAUSE WHEN WE TALK ABOUT THE NUMBER ONE PROCEED IS FROM BONDS, RIGHT AND IT'S THE TAX LEVY IN A LARGE WAY THAT IS BACKING OUR BONDS RIGHT? THAT GIVES US OUR GOOD RATES
IS THIS NOT TRUE? WELL, YEAH, I MEAN I THINK IN TWO WAYS, COMMISSIONER FELLEMAN
THE TAX LEVY DIRECTLY SUPPORTS GEO BONDS, AS YOU KNOW, WE CAN BORROW AGAINST THE TAX LEVY
AND THEN IT'S ALSO CORRECT THAT HAVING THE TAX LEVY AS A REVENUE SOURCE DOES IMPROVE THE PORT'S OVERALL BOND RATING BECAUSE IT ADDS TO THE DIVERSITY OF OUR REVENUE SOURCES
SO IT'S FOR MORE THAN JUST THE REVENUE
AND I THINK YOU KNOW IF THE PUBLIC WOULD UNDERSTAND THAT IT'S THAT LONG-TERM BONDING CAPACITY THAT ALLOWS US TO HAVE THE PATIENT CAPITAL, THAT MAKES HUGE INVESTMENTS IN AN ENVIRONMENTAL CLEANUP, IN DOCK INFRASTRUCTURE, IN COMMUNITY PROGRAMS IT'S NOT SPENDING THE CASH AND I DON'T KNOW WHETHER THERE'S A WAY TO REALLY INNUMERATE WHAT THAT TRUE VALUE OF THE TAX LEVY IS BUT I DON'T THINK WE EVER REALLY DO A ADEQUATE JOB TO ALLOW THE PUBLIC TO SEE HOW MUCH WE'RE LEVERAGING THAT MONEY
IT'S A TREMENDOUS ACCOMPLISHMENT THAT I THINK WE DON'T TELL THE STORY AS WELL AS WE CAN
THANK YOU
THANK YOU COMMISSIONER FELLEMAN
COMMISSIONER CHO
NO QUESTIONS THANKS
THANK YOU
COMMISSIONER CALKINS
NONE RIGHT NOW
THANK YOU COMMISSIONER BOWMAN
YEAH, MICHAEL
WOULD YOU MIND GOING BACK TO THE SLIDE OF THE 2021 COMPREHENSIVE BUDGET? IT'S MORE BACK
ONE MORE
PERFECT
THANK YOU SO MUCH
I JUST WANTED TO JUST DO A LITTLE BIT MORE OF A DEEP DIVE INTO THIS
COULD SOMEBODY PROVIDE SOME INFORMATION? YOU KNOW, I JUST WANT TO BE CLEAR TOO SO WHEN WE STARTED
WE'RE STARTING 2021, MICHAEL CORRECT ME IF I'M WRONG, WITH A PRIOR YEAR TAX LEVY FUND BALANCE OF 8 MILLION DOLLARS
IS THAT CORRECT? SOUNDS RIGHT
THAT'S RIGHT
8.1 MILLION
SO WE'VE CARRIED OVER EIGHT MILLION DOLLARS FROM LAST YEAR
MHM
OKAY
AND SO AND WHAT WE'RE LOOKING AT HERE, COULD YOU TALK A LITTLE BIT ABOUT THE PASSENGER FACILITY CHARGES THAT WE'RE LOOKING AT? EXCUSE ME, I'M SORRY
I'M LOOKING AT THE NEVER MIND
I DON'T WANT TO TALK ABOUT THE CAPITAL FACILITY CHARGES
SO WITH THE TAX LEVY SO I JUST WANT TO BE CLEAR AS TALKED ABOUT IN MANY MEETINGS AND SO THE STAFF AND CONTINUES ON WITH THE THREE PERCENT LEVY INCREASE FOR 2021, 2022, AND 2023
IS THAT CORRECT? YES
YES, CORRECT
OKAY, GREAT
AND THEN AFTER THAT, THE STAFF IS NOT ANTICIPATING THAT WE WOULD HAVE AN INCREASE IN THE TAX LEVY CORRECT? THAT'S CORRECT
SO I'M STRUGGLING A LITTLE BIT WITH AS I BROUGHT UP IN A COUPLE OF PRIOR MEETINGS HOW WE
BEING ABLE TO BALANCE OUT SOME OF OUR FUTURE CAPITAL NEEDS IF WE'RE NOT ANTICIPATING FUTURE INCREASES IN THE TAX LEVY AFTER 2023
AND WHAT I WOULD CALL OUT SPECIFICALLY IS THE TERMINAL 46 CRUISE SHIP FACILITY
WHEN WE STARTED 2020 WE ANTICIPATED THAT THAT PROJECT WOULD BE A HUNDRED MILLION DOLLARS FOR THE FACILITY AND IT WOULD BE A COST SHARE WITH A CRUISE COMPANY
WE STARTED 2020 REALIZING THAT THE COST ESCALATED AND IT WAS NOW APPROXIMATELY A HUNDRED AND TWENTY FOUR MILLION DOLLARS FOR THE CRUISE TERMINAL
AND AS I'M LOOKING AT OUR CAPITAL PLAN, WE'VE ONLY IDENTIFIED FUNDING 40 MILLION DOLLARS OF THE CRUISE SHIP TERMINAL THROUGH 2023
SO I'M TRYING TO FIGURE OUT AS WE'RE JUST PROJECTING FORWARD HOW WE MIGHT BE ABLE TO PAY FOR THAT, WHAT STAFF IS ANTICIPATING IN TERMS OF MAKING UP THAT DIFFERENCE IN THE FACILITY
I CAN TRY TO ADDRESS THAT ON AND ELIZABETH MORRISON'S ON THE LINE AND SHE CAN AUGMENT IF NEEDED
SO YOU'RE CORRECT
SO WE HAVE A PORTION OF THE CRUISE BERTH FUNDED AND THE 2020 THROUGH 2025 TIME FRAME
BEYOND THAT HOWEVER, WE DO HAVE ADDITIONAL FUNDING CAPACITY BECAUSE IN THAT SECOND FIVE YEARSM BASED ON GROWTH AND REVENUES INCLUDING EXPECTED REVENUES FROM A NEW CRUISE FACILITY, WE ACTUALLY DO HAVE SIGNIFICANTLY INCREASED REVENUE BOND CAPACITY, WHICH WILL ALLOW US TO FUND THAT PARTICULAR PROJECT IN THAT SECOND FIVE-YEAR PERIOD
IN THE FIRST FIVE YEAR PERIOD WE CAN USE GENERAL FUND MONEY SO WE DON'T NEED TO TAP INTO THE LEVY TO FUND IT
AND AGAIN IN THE SECOND FIVE YEARS WE HAVE ENHANCED REVENUE BOND CAPACITY THAT WOULD ENABLE US TO FUND THAT PROJECT
AND THEN WITH RESPECT TO THE REST OF THE CIP, WE HAVE ADDITIONAL CAPACITY GENERATED IN THE SECOND FIVE YEARS RESULTING FROM THE FACT THAT SOME OF OUR EXISTING GENERAL OBLIGATION BOND DEBT SERVICE ACTUALLY DROPS OFF
WE PAY OFF SOME OF THAT SO WE CREATE SOME CAPACITY BY HAVING LOWER DEBT SERVICE IN THE FUTURE
SO I CAN ASK ELIZABETH TO AUGMENT THAT IF THERE'S ANYTHING I MISSED
ELIZABETH MORRISON, DIRECTOR OF CORPORATE FINANCE
THAT'S EXACTLY CORRECT
SO ONCE WE ROLL INTO THE SECOND FIVE YEARS, THE REVENUE BOND DEBT SERVICE DROPS BY
THE EXISTING DEBT SERVICE DROPS BY AT LEAST TEN MILLION DOLLARS A YEAR AND THAT GIVES US SOME GOOD BONDING CAPACITY
WHEN COUPLED WITH INCREASES IN REVENUES AS PART OF JUST THE RECOVERY THAT WE ARE ANTICIPATING PLUS SOME NEW FACILITIES COMING ONLINE WE ANTICIPATE BEING ABLE TO FUND THAT FACILITY WITH REVENUES AND REVENUE BONDS AND OTHER INVESTMENTS
THERE IS ROOM IN THE TAX LEVY
THERE'S ABOUT A 20 MILLION DOLLAR DROP IN DEBT SERVICE FOR GEO BONDS
AND SO WE DON'T ANTICIPATE ANY NEED TO INCREASE THE TAX LEVY, BUT WE'LL STILL HAVE CAPACITY TO FUND PROJECTS FROM THAT AND GEO BONDS
AND ELIZABETH QUICK QUESTION
THANK YOU AND DAN AND THANK YOU SO MUCH FOR THAT ADDITIONAL INFORMATION
IT'S REALLY HELPFUL
AND MAYBE WE CAN HAVE A
THINK IT WOULD BE USEFUL TO HAVE A MORE DETAILED CONVERSATION ABOUT THIS PARTICULAR PROJECT AT ANOTHER TIME
BUT SINCE PART OF THE BUDGET IS BASED ON IT, I FELT LIKE IT WAS IMPERATIVE TO BRING IT UP
WHEN WE'RE TALKING ABOUT REVENUE BOND CAPACITY, ARE YOU ANTICIPATING THAT THE REVENUE WOULD BE BOTH FROM THE NEW CRUISE SHIP TERMINAL AND WHAT ELSE? SO THE NEW CRUISE SHIP TERMINAL REVENUES WOULD COME AFTER THE CONSTRUCTION OF THE TERMINAL OF COURSE, SO WE WOULD BE ISSUING REVENUE BONDS BASED ON THE GROWTH IN REVENUES FROM OUR OWN FACILITIES, THE SEAPORT ALLIANCE IS ANTICIPATING GROWTH IN REVENUES, AND SO THAT WOULD BE THE PRIMARY SOURCE
THEN ONCE THE FACILITY IS BUILT, WE WOULD HAVE MORE REVENUES FROM THE CRUISE BUSINESS THAT WOULD SUPPORT FUTURE INVESTMENTS
OKAY
THANK YOU FOR HIGHLIGHTING THAT
LET'S CONTINUE
THAT WAS IT FOR THE ROLE ON COMMISSIONERS
MORE PRESENTATION
YES
WE HAVE A FEW MORE SLIDES
OKAY, LET'S FINISH UP THE PRESENTATION AND THEN WE'LL MOVE TO A MOTION ON THE RESOLUTION
YEAH, WE'RE JUST ABOUT DONE IF YOU CAN GO TO THE NEXT SLIDE, PLEASE
THIS IS A GOOD SEGUE BECAUSE WE WERE JUST TALKING ABOUT THE TAX LEVY AND THIS REALLY UNDERSCORES WHAT THE CURRENT STRATEGY HAS BEEN: THREE PERCENT INCREASES THROUGH 2023
WE ARE PROPOSING TO CONTINUE THAT SO WE'RE PROPOSING 3% INCREASE IN THE LEVY FOR 2021 AND THAT'S DESIGNED BOTH TO PROVIDE JUST HELP TO MAINTAIN SOME OF OUR FUNDING CAPACITY AT A TIME WHEN WE'VE LOST SIGNIFICANT CAPACITY FROM THE DROP OF REVENUES
ALSO SOME DECLINE IN OUR FUND BALANCE AND ALSO HELPS US TO OFFSET SOME OF THE INFLATIONARY LOSS THAT WE'VE HAD AS CPI HAS CONTINUED TO INCREASE, PARTICULARLY CONSTRUCTION CPI
BUT THE LEVY HAS LOST PURCHASING POWER AS YOU CAN SEE IN THAT TABLE AT THE BOTTOM
SO AGAIN, WE ARE PROPOSING A THREE PERCENT LEVY INCREASE IN 2021 TO SEVENTY EIGHT POINT SEVEN MILLION DOLLARS
NEXT SLIDE, PLEASE
THIS JUST HIGHLIGHTS THE TAXPAYER IMPACT OF THAT
SO THAT'S THE LEVY GOING FROM SEVENTY SIX POINT FOUR MILLION TO SEVENTY EIGHT POINT SEVEN MILLION WOULD RESULT IN AN ESTIMATED TAX ON THE MEDIUM HOME VALUE OF $600,000
THAT ANNUAL TAX WOULD GO FROM SEVENTY ONE DOLLARS AND 67 CENTS THIS YEAR TO SEVENTY THREE DOLLARS AND TWENTY FOUR CENTS NEXT YEAR
THAT AMOUNTS TO A DOLLAR FIFTY EIGHT INCREASE FOR THE FULL YEAR
INCREASE IN THE TAX LEVY TO THE MEDIAN HOMEOWNER
NEXT SLIDE PLEASE
AND FINALLY JUST NEXT STEPS
WE'LL BE BACK QUICKLY BECAUSE AS YOU KNOW, NEXT WEEK'S MEETING IS NEXT TUESDAY
SO WE HAVE VERY LITTLE TIME TO TURN THIS AROUND BUT WE'LL BE BACK NEXT WEEK FOR FINAL ADOPTION
WE WILL THEN TURN AROUND
THESE STATUTORY BUDGET FILING DEADLINE IS ACTUALLY INCREASED, A LITTLE BIT EARLIER TO NOVEMBER 30TH THIS YEAR COMPARED TO THE FIRST WEEK OF DECEMBER
AND THEN OUR PLAN IS TO RELEASE THE FINAL 2021 FINAL BUDGET DOCUMENT ON DECEMBER 15
SO THAT CONCLUDES OUR PRESENTATION AND WE'LL BE HAPPY TO ENTERTAIN MORE QUESTIONS
I THINK WE'RE GOING TO MOVE TO THE MOTION FOR INTRODUCTION OF RESOLUTION 9379
IS THERE A MOTION
SO MOVED
SECOND
IT'S BEEN MOVED AND SECONDED
NO FURTHER QUESTIONS? CAN I ASK A QUESTION? YES FRED
I WAS JUST WANTING
THIS ISN'T ONE OF THE ASPECTS OF THIS BUDGET BESIDES THE REDUCTION OF HUNDRED AND SIX
HUNDRED AND NINE MILLION DOLLAR DECREASED FROM 2020
ARE WE ALSO REMOVING THE RESERVE WE HAD IN PLACE BEFORE? YOU'RE TALKING ABOUT ON THE CAPITAL BUDGET SIDE? YEAH, THE WHAT I LOOKED AT THE COMPREHENSIVE BUDGET ON PAGE 13, WE'RE LOOKING AT ON THE REVENUE SIDE THE BUDGET CHANGE FROM 20 TO 21 SHOWS A HUNDRED AND NINE MILLION, 10% DECREASE
RIGHT THAT'S IN TOTAL OPERATING AND NON-OPERATING REVENUES
RIGHT, THAT'S A TEN PERCENT DECREASE IN OUR BUDGET PLUS WE ARE ALSO EITHER FREEZING OR DEFERRING A HUNDRED AND SIXTY-SEVEN FTES
THAT'S CORRECT
THAT'S WHERE A LOT OF OUR BUDGET SAVINGS HAVE COME FROM, FREEZING OR ELIMINATING THOSE FTES FOR NEXT YEAR
AND DIDN'T WE ALSO HAVE A RESERVE IN 2020? I THINK YOU MAY BE REFERRING TO RESERVES ON THE CAPITAL SIDE
I BELIEVE THERE WAS YEAH
THERE WAS ON THE CAPITAL SIDE FOR SURE
WHAT WE'RE SHOWING HERE IS JUST REVENUE AND EXPENSE OPERATING R O IT'S NOT AN OPERATING EXPENSE
BUT THE CAPITAL YOU REFERRING TO I THINK WE HAVE AS A RESULT OF HAVING LESS FUNDING CAPACITY FOR MARITIME AND EDD, THEY DID REDUCE THEIR CIP RESERVE OVER THE NEXT FIVE YEARS TO ABOUT 27 MILLION DOLLARS FROM A PREVIOUSLY HIGHER LEVEL
NOT SURE WHAT THE NUMBER WAS
ELIZABETH MAY KNOW
WASN'T IT TWICE THAT? SO THOSE ARE THE FIVE YEAR RESERVE FROM 2022 2024
I'D HAVE TO GO BACK AND LOOK AT WHAT THAT NUMBER IS
AND WE ALSO REDUCE THE CONTINGENCIES ON EACH PROJECT? I MEAN THIS IS REMARKABLE BELT-TIGHTENING THAT THE EXECUTIVE HAS DONE IN RESPONSE TO THIS PANDEMIC, BUT THERE WAS WE REDUCE THE CAPITAL RESERVE
WE'VE REDUCED THE CONTINGENCIES ON EACH PROJECT
WE'RE FREEZING FTES
RIGHT
AND WE ARE GETTING OR EXPECTING A HUNDRED MILLION DOLLARS LESS IN REVENUE
I DON'T THINK IT'S BROADLY TRUE THAT WE HAVE REDUCED THE INDIVIDUAL PROJECT CONTINGENCIES
EACH CAPITAL PROJECT WITHIN THEIR BUDGETS DO HAVE A CERTAIN AMOUNT OF CONTINGENCY
I DON'T BELIEVE IN GENERAL THOSE HAVE BEEN THE GROUP REDUCED
ITS MAINLY AT THE CIP LEVEL WE HAVE REDUCED AN OVERALL RESERVE THAT WOULD BE AVAILABLE FOR UNFORESEEN NEW PROJECTS, SOME PROJECT OVERRUNS, BUT I DON'T THINK THAT INDIVIDUAL PROJECT CONTINGENCIES HAVE BEEN REDUCED
I BELIEVE BOTH ARE TRUE
BUT I THINK COMMISSIONER BOWMAN HAS A QUESTION
COMMISSIONER STEINBREUCK? I WOULD LIKE TO GO THROUGH THE ROLL CALL HERE IN ORDER SO WE FINALIZE THE MOTION, THE VOTE ON THE MOTION
LET ME GO AHEAD AND GO TO COMMISSIONER CHO THEN
DOES'T COMMISSIONER BOWMAN HAVE HER HANDS UP? I THINK WE'RE GOING TO GO IN ORDER HERE, FRED
THANK YOU
LET'S CONTINUE
NO QUESTIONS RIGHT NOW
THANK YOU
COMMISSIONER CALKINS
NONE FOR ME EITHER
THANK YOU
COMMISSIONER BOWMAN
OKAY
THANK YOU
JUST A FINAL QUESTION AGAIN ON THE COMPREHENSIVE BUDGET
I THINK WHERE COMMISSIONER FELLEMAN WAS GOING
WE HAVE DONE AND I REALLY COMMEND THE STAFF FOR SO MUCH OF THE BELT TIGHTENING THAT HAS HAPPENED THIS YEAR, YOU KNOW EXECUTIVE DIRECTOR METRUCK WHEN THE PANDEMIC STARTED YOU I THINK DID A REMARKABLE JOB OF REDUCING EXPENSES, YOU KNOW, WE'VE TALKED FREQUENTLY ABOUT 70 MILLION DOLLARS IN EXPENSE REDUCTION, BUT I THINK IT'S IMPORTANT TO BE CLEAR THAT IT WAS 30 MILLION DOLLARS IN THINGS LIKE TRAVEL, PROMOTIONAL, HOSTING, TRAININGS, ETC
BUT WHAT WE'VE DONE IS DEFERRED
THE OTHER PART IS 40 MILLION DOLLARS IN DEFERRED CAPITAL SPENDING
BUT REGARDLESS I JUST WANTED TO SAY I THINK YOU'VE DONE A TREMENDOUS JOB WORKING WITH YOUR LEADERSHIP TEAM IN PULLING THE BUDGET BACK IN 2020, BUT IT IS ALSO A MATTER OF THE FACT THAT WE HAD QUITE, AS COMMISSIONER FELLEMAN STARTED TO SAY, QUITE A LOT OF RESERVES GOING INTO THE YEAR
OR IS COMMISSIONER ALBRO USED TO SAY DRY POWDER
BUT AT THE END OF THE DAY, DAN, CORRECT ME IF I'M WRONG, YOU KNOW THE INCREASE IN OUR NET POSITION FOR THE PORT I'M SEEING NOW IS SLIGHTLY LOWER THAN WHAT YOU ANTICIPATED IN THE BUDGET DOCUMENT THAT I RECEIVED
THE THE ROLL-UP WAS 202 MILLION
NOW YOU'RE SHOWING IT AT A HUNDRED AND NINETY-FIVE MILLION
IS THAT CORRECT? FOR 2021 WE ARE SHOWING THE INCREASE IN NET POSITION AT A HUNDRED NINETY-FIVE MILLION
THAT COMPARES TO WHAT WE BUDGETED ORIGINALLY WAS 248
RIGHT, BUT WE'RE STILL, AND I APPRECIATE THAT, AND THAT'S WHAT I WAS TRYING TO ACKNOWLEDGE WITH COMMISSIONER FELLEMAN
THAT WE'VE DONE, YOU KNOW, EXECUTIVE DIRECTOR METRUCK PART OF THE THE REDUCTIONS WERE AGAIN TRAINING AND TRAVEL AND SOME THINGS LIKE THAT AND THEN A DEFERRAL OF SOME CAPITAL BUT AT THE END OF THE DAY WE'RE A HUNDRED AND NINETY-FIVE MILLION NET POSITIVE
THAT'S CORRECT
OKAY, THAT'S ALL I WANTED TO
JUST WANTED TO CLARIFY
UNLIKE OTHER GOVERNMENTS SUCH AS THE STATE GOVERNMENT OR SUCH AS THE CITY OF SEATTLE WHERE THEY'RE REQUIRED TO HAVE A BALANCED BUDGET
WE HAVE A NET POSITIVE POSITION
AND SO I JUST WANTED TO BE CLEAR ABOUT THAT
THANK YOU
THAT'S THAT'S CORRECT
THANK YOU
GOOD
I HAVE NO QUESTIONS
SO THERE IS A MOTION AND A SECOND ON THE FLOOR TO INTRODUCE RESOLUTION NUMBER 3779 AND SET IT FOR ACTION ON NOVEMBER 17TH
THE MOTION HAS BEEN MADE AND SECONDED
CLERK, PLEASE CALL THE ROLL ON THE MOTION
BEGINNING WITH COMMISSIONER FELLEMAN
AYE
THANK YOU
COMMISSIONER CHO
AYE
THANK YOU
COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER BOWMAN
AYE
THANK YOU
COMMISSIONER STEINBREUCK
YES
THANK YOU
YOU HAVE FIVE YEARS AND ZERO NO'S
MOTION CARRIES FOR THE NEXT MEETING
WITH THAT, I KNOW WE HAVE AT LEAST TWO POSSIBLE AMENDMENTS TO BE PROPOSED FOR CONSIDERATION AT THE NOVEMBER 17, 2020 MEETING
I WOULD LIKE COMMISSIONER FELLEMAN TO SPEAK AND I WILL ALSO SPEAK ON ONE OF THE PROPOSED AMENDMENTS
AT THIS TIME, AND I WANT TO MENTION ALSO THAT WE WILL OPEN UP FOR PUBLIC HEARING BEFORE WE CONCLUDE THIS ITEM
SO I APOLOGIZE FOR MEMBERS OF THE PUBLIC WHO MAY BE WAITING AND WAITING TO HAVE AN OPPORTUNITY TO SPEAK
THESE AMENDMENTS ARE ONLY DISCUSSION AND INTRODUCTION AT THIS TIME AND WILL NOT BE TAKEN UP UNTIL THE NOVEMBER 17TH MEETING
SO I DON'T KNOW THAT WE NEED TO HAVE A LOT OF TIME DEVOTED TO DISCUSSING THEM NOW
SO I'LL BEGIN WITH A PROPOSED AMENDMENT WHICH IS TO ALLOCATE AN ADDITIONAL 500,000 IN THE 2021 BUDGET FROM THE TAX LEVY FUNDS TO SUPPORT DIRECT INVESTMENT IN SMALL BUSINESS DEVELOPMENT AND TO SUPPORT PROGRAMS THAT PROVIDE ECONOMIC STIMULUS IN PARTNERSHIP WITH LOCAL COMMUNITIES IN SOUTH KING COUNTY
THIS SOUTH KING COUNTY FUND WAS ESTABLISHED BY THE PORT COMMISSION TO DEVELOP EQUITY-BASED PARTNERSHIPS AND PROVIDE RESOURCES AND SUPPORT IN HISTORICALLY UNDERSERVED NEAR AIRPORT COMMUNITIES
IN RESPONSE TO THE DEVASTATING IMPACTS OF THE COVID PANDEMIC ON THE COMMUNITY, THIS WAS VERY TIMELY BUT WE COULDN'T HAVE PREDICTED THAT OF COURSE, BUT THE PORT OF SEATTLE COMMISSION ADDED ECONOMIC DEVELOPMENT AS AN ADDITIONAL FOCUS FOR THE SOUTH KING COUNTY FUND
THIS YEAR THE SOUTH KING COUNTY FUND ECONOMIC RECOVERY GRANTS OUTPERFORM STAFF EXPECTATIONS RESULTING IN PROPOSALS TOTALING NEARLY 2.4 MILLION FROM OVER 20 HIGHLY QUALIFIED ORGANIZATIONS FROM A 2020 BUDGET ALLOCATION OF 1 MILLION
SO THAT REALLY POINTS TO THE VALUE AND THE DEMAND THERE
THIS AMENDMENT WILL ADD ADDITIONAL FUNDING TO THE SOUTH KING COUNTY FUND IN RESPONSE TO THESE OVERWHELMING NEEDS OF OUR COMMUNITY AND FURTHER DEMONSTRATES SUPPORT COMMITMENT TO PROVIDING OPPORTUNITIES TO ALL ESPECIALLY TO THE HISTORICALLY UNDERSERVED NEAR AIRPORT COMMUNITIES
I WOULD ADD THAT
THIS WAS A RECOMMENDATION FROM STAFF BASED ON THE OUTPERFORMANCE THAT WE EXPERIENCED AND ALSO I BELIEVE IF WE HAVE SOME CATCHING UP TO DO WITH REGARD TO WHEN THIS FUND WAS FIRST ESTABLISHED AND OUR INTENTIONS FOR A GRANT AWARDS IN THE FIRST YEAR, WHICH WE WERE DELAYED IN MAKING
SO THIS IS TO SOME EXTENT CATCH UP BUT IT'S ALSO ADDRESSING UNFORESEEN UNPREDICTED CIRCUMSTANCES DUE TO COVID AND DEEPENING ECONOMIC NEED AND DEMAND
WITH THAT, I'D LIKE TO INVITE COMMISSIONER FELLEMAN TO SPEAK TO HIS PROPOSED AMENDMENT
COMMISSIONER FELLEMAN? THANK YOU PRESIDENT STEINBREUCK
AND I'D LIKE TO REITERATE THAT THIS IS JUST A DISCUSSION AT THIS TIME AND THAT HEARING WILL CONTINUE ON TO OUR NEXT MEETING
SO IT'S REALLY JUST TO
I HAD A CHANCE TO SPEAK TO MOST OF YOU ABOUT THESE IDEAS
BUT CERTAINLY NEEDS MORE TIME TO RUMINATE BEFORE ANY DECISION MAKING IS MADE
AND AS I POINTED OUT EARLIER THAT I AM DEEPLY APPRECIATIVE OF EXECUTIVE METRUCK'S EFFORTS TO WORK WITH IN THE BOX THAT WE'VE BEEN DEALT IN A VERY UNCERTAIN PERIOD OF TIME AND I'M LOOKING TO SEE IF WE CAN'T SET ASIDE BASICALLY A COVID RESERVE BASED ON THE FACT THAT OUR PROJECTIONS OF REVENUE ARE STILL VERY UNCERTAIN
OUR CURRENT TRAJECTORY BOTH IN THE COUNTY, THE STATE, THE COUNTRY, AND INTERNATIONALLY IS UNFORTUNATELY ON THE RISE AND IT'S EXPECTED TO GET EVEN WORSE WHEN PEOPLE COME HOME TO VISIT FOR THE HOLIDAY SEASON
AND IN FACT AS PART OF THE TOURISM COUNCILS I WORK ON, IN FACT, IT'S CLEARLY [INAUDIBLE] HAS BEEN IN THE HOMES WHEN YOU'RE NOT DEALING WITH [INAUDIBLE] BUT SO IN LIGHT OF THAT, THIS IS AN OPPORTUNITY TO EXPAND ON EXISTING CIP OR TO BE A BACHELOR FOR COST OVERRUNS
IF WE WANT TO MAINTAIN LIKE 30 MILLION DOLLARS FOR ENVIRONMENTAL CLEANUP OR A HUNDRED AND SIX, YOU KNOW THROUGH 2025, OVER A MILLION AND A HALF OF THE SOUTH KING COUNTY FUND OR YOUTH MARITIME COOPERATIVE, T-117 RESTORATION, THESE PROJECTS ON THE TAX LEVY I THINK CAN BE JEOPARDIZED IF WE ARE RUNNING SHORT ON OUR OTHER PROGRAMS OUR REVENUE STREAMS ARE VULNERABLE
25% ESTIMATED INCOME ON CRUISE COULD BE OPTIMISTIC IN THAT EVERY TIME THEY TRY TO START UP IN EUROPE, THERE'S PROBLEMS THEY RUN INTO
SO IT'S JUST UNCERTAINTY THAT DRAWS ME TO WANT TO SEEK, FOR THIS ONE YEAR, RATHER THAN A 3% A FIVE PERCENT LEVY INCREASE WHICH WOULD BE AN ADDITIONAL $1.42 TO THE MEDIAN HOME OWNER WHICH WOULD GENERATE ABOUT A 20 MILLION DOLLAR INCREASED BONDING CAPACITY FOR THE FUTURE
AND SO WE HAVE GREAT UNCERTAINTY AND WE HAVE THE NEED TO BE ABLE TO RESPOND
IF WE ARE GOING TO SUSTAIN THE ECONOMIC ENGINE THAT IS THE PORT, WE DON'T WANT TO PUT THE EXECUTIVE IN A POSITION OF HAVING TO REDUCE THE CIP, MINIMIZE THE POTENTIAL MAGNIFYING IMPACTS THAT OUR ECONOMIC DEVELOPMENT HAS ON THE RECOVERY OF THE COMMUNITY
SO ANYWAY, THE GOAL WOULD BE TO CREATE A ONE-TIME COVID ACCOUNT
AND IF INDEED THESE MONIES AREN'T NEEDED BY THE END OF THE YEAR, WE WOULD THEN JUST APPLY IT TO OUR NEXT YEAR OF LEVY INCREASE THAT IS ALREADY BAKED INTO OUR PIP
AND YOU KNOW, WE STILL HAVE SITUATIONS IF THE AIRLINE'S DON'T COME BACK AS FAST AS WE THINK, ALL THOSE ATR RESTAURANTS & DINING FACILITIES, THOSE TENANTS MAY DEFAULT FAULT ON THEIR RENTS
AND LIKE I SAID, EVEN THE CONTAINER VOLUMES, WHILE GRAIN IS UP, IT'S A SMALL PORTION OF WHAT SEAPORT ALLIANCE CAN GENERATE AND THOSE NUMBERS ARE NOT ENCOURAGING
BUT AGAIN, WE'RE FOREVER OPTIMISTIC
SO THAT'S THE MISSION FOR THE INITIAL REQUEST FOR FURTHER CONSIDERATION
IF THERE'S NO DISCUSSION ABOUT THAT, I WOULD GO ONTO MY OTHER ONE
WE'RE GOING TO HOLD DISCUSSION UNTIL THE NEXT MEETING ON THESE AMENDMENTS
ALL RIGHT
SO IF YOU'D LIKE TO INTRODUCE ANOTHER AMENDMENT, NOW WOULD BE THE TIME
THANK YOU
JUST TO CLARIFY THOUGH
INSTEAD OF IT BEING A SEVENTY THREE POINT TWO FOUR DOLLARS FOR THE MEDIUM HOUSE
IT WOULD BE $74 .67
THAT'S $1.42 ADDITIONAL COST FOR THAT IDEA, FOR THE 20 MILLION DOLLAR BONDING CAPACITY
THE OTHER ONE IS A GREAT OPPORTUNITY TO ACTUALLY PARTNER WITH OUR COLLEAGUES IN KING COUNTY WHO YOU KNOW, IT SAYS LIKE ONE MAN CEILING IS ANOTHER MAN'S FLOOR
THEIR PROBLEM COULD BE OUR BENEFIT
THE KING COUNTY LANDFILL IS REACHING CAPACITY AND THEY ARE FACED WITH A VERY EXPENSIVE PROPOSITION OF HAVING TO EITHER DIG ANOTHER HOLE OR FIND SOME WAY TO DIVERT THAT TRASH
AND WHEN THE PORT FUNDED THE WASHINGTON STATE UNIVERSITY IN LOOKING FOR SOURCES OF SUSTAINABLE FUELS WHICH WOULD INCLUDE BOTH AVIATION AS WELL AS DIESEL AND OTHER FUEL PRODUCTS, THEY FOUND THAT ONE OF THE MOST SUSTAINABLE SOURCES IS IS MUNICIPAL SOLID WASTE
UNFORTUNATELY, WE'RE REALLY GOOD AT GENERATING THAT AND IT DOESN'T TAKE AWAY FROM CROPLAND AND IT'S QUITE IT'S QUITE NICE IN THAT THE GARBAGE COLLECTORS PICK IT UP FOR US AND DISTRIBUTE IT TO A CENTRAL LOCATION
AND KING COUNTY HAS PUT SPECIFICALLY IN THEIR BUDGET 250,000 DOLLARS TO EMBARK UPON A JOINT EFFORT WITH THE PORT OF SEATTLE AND WHATEVER OTHER PARTNERS WE CAN MUSTER AND THE CITY WOULD CLEARLY BE ONE OF THE KEY PARTNERS BUT COULD EVEN INCLUDE OTHER COUNTIES
BUT IF THE PORT WHERE TO MATCH THAT MONEY, WE COULD CERTAINLY GO A LONG WAYS TOWARDS EXPLORING OUR ABILITY TO MEET OUR SUSTAINABLE AVIATION FUEL GOAL OF HAVING 10% FUEL AT SEA-TAC FROM SUSTAINABLE, REGIONALLY PRODUCED SOURCES WITHIN 10 YEARS
AND THIS HAS A ABILITY TO REDUCE OUR CONSUMPTION ABOUT 70 MILLION GALLONS OF FOSSIL FUEL
WHICH IS EQUIVALENT TO SIX HUNDRED AND EIGHTY TWO THOUSAND METRIC TONS OF GREENHOUSE GASES
SO AND IT ELIMINATES A PROBLEM FOR KING COUNTY
SO IT'S A STUDY SEEKING THEM TO BE ABLE TO MATCH THEIR 250 WITH OUR 250 AND I THINK IT'S A GREAT INVESTMENT THAT COULD PAY OFF LONG INTO THE FUTURE AND FOR BOTH OF OUR COEXISTENT CONSTITUENTS
OKAY
THANKS
AND AS A MATTER OF PROCEDURE WE DON'T HAVE A MOTION AND A SECOND FOR EITHER OF THESE THREE AMENDMENTS NOW AND THEREFORE THEY'RE NOT GERMANE FOR DISCUSSION AT THIS TIME
HOWEVER, I SEE COMMISSIONER BOWMAN HAS HER HAND UP
THE MAIN MOTION IS IS THE ITEM FOR DISCUSSION, WHICH IS THE BUDGET RESOLUTION BEFORE WE TAKE A VOTE
SO I'D LIKE TO AT THIS TIME CALL THE ROLL ONCE AGAIN
FOR FINAL QUESTIONS AND COMMENTS ON THE MAIN MOTION BEFORE US
COMMISSIONER STEINBREUCK, JUST TO CLARIFY
THE MOTION TO INTRODUCE AND SET FOR NOVEMBER 17TH HAS BEEN MOVED SECONDED AND THERE'S BEEN A VOTE ON THAT
OKAY, SO AND THEN ALSO FOR CLARITY PURPOSES, COMMISSIONER FELLEMAN'S INCREASED TO THE LEVY WOULD BE FOR ITEM 10B
OKAY, SO I WILL LEAVE, UNLESS WE WANT TO GO THROUGH A ROUND OF QUESTIONS FOR THE COMMISSIONERS, WE ARE READY FOR THE PUBLIC HEARING
THAT'S RIGHT
WE DO NEED TO DO THE PUBLIC HEARING
ABSOLUTELY
SO I ACTUALLY HAVE AN AMENDMENT, COMMISSIONER STEINBREUCK
YOU HAVE AS WELL? OKAY
JUST A COUPLE THINGS THAT I WANTED TO PROVIDE SOME TRANSPARENCY ABOUT
TWO THINGS THAT I'LL BE BRINGING FORWARD IS NUMBER ONE THAT THE COMMISSION GIVE DIRECTION THAT THERE'S NO MONEY TO BE SPENT ON THE T-46 CRUISE TERMINAL IN 2021 EITHER ON THE CAPITAL OR STAFF SIDE
AND SECOND I WANTED TO SUPPORT IN GENERAL TERMS, BUT MAYBE NOT HOW WE GET THERE, COMMISSIONER FELLEMAN'S IDEA WHICH HE AND I HAVE SPOKEN ABOUT ABOUT WHAT I WOULD CALL AN EXECUTIVE DIRECTOR COMMISSION RESERVE
I ALSO DO SHARE SOME SKEPTICISM AND UNFORTUNATELY PESSIMISM ABOUT WHERE OUR LOCAL ECONOMY MIGHT GO
I THINK WE'VE GOTTEN SOME POTENTIALLY TREMENDOUSLY GOOD NEWS IN TERMS OF THE POTENTIAL FOR A VACCINE IN 2021
AND THAT SAID, YOU KNOW AS I'VE MENTIONED IN MANY MEETINGS BEFORE FOR SOME REASON SEATTLE AND THE PUGET SOUND REGION CONTINUES TO LAG BEHIND OTHER MAJOR METRO REGIONS BOTH IN TERMS OF ENPLANEMENTS AND IN TERMS OF HOTEL ROOMS, AND I DON'T THINK WE'VE, WELL WE HAVE NOT GOTTEN TO THE BOTTOM OF THAT
AND SO JUST ASSUMING THAT HAVING A VACCINE IN PLACE WILL SUDDENLY BRING EVERYBODY BACK TO SEATTLE IS GREAT
THAT'S AN OPTIMISTIC ASSUMPTION
IT'S NOT ONE THAT I NECESSARILY SHARE AND I CERTAINLY HOPE THAT I'M WRONG
SO AGAIN MY TWO OF AMENDMENTS THAT I'LL BE WORKING ON ARE ONE ABOUT TERMINAL 46 CRUISE TERMINAL, AND SECOND ESTABLISHING A RESERVE
MY PREFERENCE WOULD BE TO HAVE A RESERVE WITHIN THE EXISTING BUDGET
AS I'VE SAID A NUMBER OF TIMES I'M STILL REALLY STRUGGLING WITH A PROPERTY TAX INCREASE IN 2021
I KNOW THAT I'M IN THE MINORITY ON THAT, THAT MY COLLEAGUES HAVE A DIFFERENT POINT OF VIEW
AND I VERY MUCH WANT TO RECOGNIZE AND APPRECIATE WHAT THEY BRING TO THE TABLE
I RECOGNIZE THAT FROM A PURE DOLLAR AMOUNT IT MIGHT NOT SEEM LIKE A LOT OF MONEY TO HOMEOWNERS, BUT THAT SAID, THE KING COUNTY ASSESSOR IS ALREADY WORKING THROUGH PROPERTY TAX DEFERMENT PLANS FOR THOSE THAT HAVE BEEN UNABLE TO PAY THEIR PROPERTY TAXES IN 2021, AND I JUST WANT TO ACKNOWLEDGE
I KNOW THAT WE ALL UNDERSTAND THAT THERE ARE THOSE IN OUR COMMUNITY THAT ARE ARE REALLY HURTING AND SO GIVEN THE FACT THAT WE ARE NET POSITIVE IN OUR BUDGET, I WOULD LIKE US TO CONSIDER WHETHER OR NOT WE COULD MAINTAIN OUR LEVY THIS YEAR WITHOUT AN INCREASE
I'VE TALKED ABOUT IT BEFORE, I'M JUST ASKING FOR A CONVERSATION ABOUT THAT AGAIN WHEN WE GET TO THAT MOMENT
THANK YOU VERY MUCH
ALL RIGHT, THANK YOU COMMISSIONER BOWMAN
COMMISSIONER STEINBREUCK, WOULD WE HAVE A CHANCE FOR A LITTLE BIT OF A CONVERSATION BEFORE WE ADJOURN? THIS IS A VERY PACKED MEETING AND THOSE ITEMS HAVE NOT BEEN VOTED ON AS AMENDMENTS
SO THAT DISCUSSION, BY THE RULES, DOESN'T OPEN UNLESS THERE'S A VOTE AND A SECOND FOR THE AMENDMENTS
SOME OF THESE AMENDMENTS HAVE NOT BEEN VETTED BY THE EXECUTIVE AND HAVE NOT BEEN PUT DOWN IN WRITTEN FORM THAT I'M AWARE OF AND SOCIALIZED
AND BUT I DO THINK IT'S VERY IMPORTANT THAT THE PUBLIC HEAR IN ADVANCE ABOUT THESE INTENTIONS AND HAS THE OPPORTUNITY TO REVIEW THEM AND CONSIDER THOUGHTFULLY AS PUBLIC MEMBERS PARTICIPATE IN OUR BUDGET PROCESS
IT WAS IN THAT, SPIRIT, COMMISSIONER, STEINBREUCK, THAT SPIRIT SPECIFICALLY, HAVE THAT DISCUSSION BECAUSE IT'S NOT WRITTEN UP IN THE AGENDA
THAT WE GIVE THAT SENSE
AND I THOUGHT OUR CLERK SUGGESTED THAT IT WOULD POSSIBLE, BUT I DEFINITELY WANT TO AFFORD TIME FOR THE PUBLIC TESTIMONY, BUT THIS WOULD GIVE THE PUBLIC AT LEAST A LITTLE BIT CHANCE TO GIVE US FEEDBACK ON THE IDEAS THAT WE ARE AT LEAST JUST BANTERING AROUND AT THIS POINT
CLERK HART, YOU WANT TO INFORM US ON THE PROCEDURES HERE? YES, I CAN ADD
FOR COMMISSIONERS FELLEMAN BOWMAN AND YOU COMMISSIONER STEINBREUCK, STAFF WILL WORK WITH YOU IN BETWEEN NOW AND NEXT WEEK'S MEETING TO FINALIZE THESE AMENDMENTS AT WHICH TIME THE MAIN MOTION WILL BE ON THE FLOOR TO ADOPT THE RESOLUTIONS ON THE BUDGET AND THE LEVY AND THEN A MOTION TO AMEND WOULD BE APPROPRIATE AT THAT POINT IN TIME AS WOULD BE DEBATE REGARDING THOSE MOTIONS TO AMEND
IF THERE IS GENERAL PRESENTATION OF THE THOUGHTS FROM COMMISSIONERS REGARDING THEIR AMENDMENTS TODAY THAT THEY WILL POTENTIALLY BE MOVING ON THE 17TH, THAT IS WHAT WE WOULD BE DISCUSSING, WHAT WE'RE DISCUSSING AT THIS TIME
SO I HEAR COMMISSIONER BOWMAN HAS SOME ADDITIONAL AMENDMENTS
I DON'T KNOW AT THIS TIME COMMISSIONER STEINBREUCK, IF YOU WOULD LIKE ME TO GO THROUGH THE ROLL JUST TO ASK FOR QUESTIONS FROM COMMISSIONERS
LET'S GO THROUGH THE ROLE BUT THE LET'S GET ON WITH THE PUBLIC HEARING
I'M AFRAID WE'RE GOING TO LOSE OUR PUBLIC MEMBERS WHO HAVE BEEN WAITING FOR A LONG TIME FOR THE HEARING IF THEY ARE, IN FACT, ON THE LINE
WE WILL GO THROUGH QUICKLY
COMMISSIONER FELLEMAN, DID YOU HAVE ANY ADDITIONAL COMMENTS AT THIS TIME? YOU'RE MUTED SIR
I WOULD LIKE TO EXPRESS SUPPORT FOR COMMISSIONER STEINBREUCK'S DISCUSSION THAT THE SOUTH KING COUNTY FUND HAS BEEN [INAUDIBLE] THAT WE CREATED IT WITH THIS LEADERSHIP ACTUALLY UPON ARRIVAL THAT THE COMMUNITY SURROUNDING THE AIRPORT ARE PARTICULARLY HURTING BOTH ECONOMICALLY AS WELL AS FROM THE EFFECTS OF COVID AND THE IDEA THAT THESE FUNDS ARE NEEDED MORE NOW THAN EVER IS
I THINK VERY APPROPRIATE USE OF THE FUND
AND I AM SIMILARLY OF THE BELIEF THAT THE CLIMATE WAITS FOR NO ONE AND THAT WE HAVE GENERATED A SIGNIFICANT CLIMATE IMPACT FROM OUR RUNNING OF THE LARGEST AIRPORT IN THE REGION AND IF WE COULD DO ANYTHING THAT COULD REDUCE THAT IMPACT, IT BEHOOVES US AND SO I SEE THE $250,000 INVESTMENT WITH KING COUNTY AS A SIGNIFICANT PARTNERSHIP, LIKE I SAID, THAT MEETS TO NEEDS OF THE REGION
AND I JUST THINK THAT NOBODY'S GOT A CRYSTAL BALL AND THE FUTURE IS CERTAINLY MORE UNCERTAIN THAN IT'S EVER BEEN
BUT I BELIEVE AT THE END OF THIS NEXT YEAR, WE'LL SEE HOW WELL WE'VE BEEN ABLE TO GET THE VACCINE INTO THE COMMUNITY, NO LESS THE TRAVELING INTERNATIONAL COMMUNITY, AND WILL BE IN A FAR BETTER POSITION TO EVALUATE OUR ECONOMIC TRAJECTORY AND JUST WANT TO HAVE A FAIL-SAFE IN PLACE IN CASE IT'S NOT AS ROSY AS WE THINK
THANK YOU, COMMISSIONER FELLEMAN
COMMISSIONER CHO
YOU'RE MUTED SIR
I'M GOING TO RESERVE COMMENT OR QUESTIONS WITH THE UNDERSTANDING THAT WE'RE GOING TO HAVE AN OPPORTUNITY TO DISCUSS THIS WHEN THE AMENDMENTS ARE FORMALLY INTRODUCED
THANK YOU
COMMISSIONER CALKINS
MY ONLY COMMENT WOULD BE AROUND THE CONTEXT IN WHICH WE'RE MAKING THIS DECISION
I THINK WE FIND OURSELVES AT A CONFLUENCE OF TWO INFLECTION POINTS, ONE POINTING TO THE NEGATIVE AND ONE TO THE POSITIVE
ON THE ONE HAND, WE FIND OURSELVES ON THE OUTSET OF A EVEN WORSE THIRD WAVE OF THE PANDEMIC WHICH WE KNOW THREATENS TO SIGNIFICANTLY INCREASE THE NUMBER OF PEOPLE SUFFERING, FATALITIES, PROLONGED DISEASE AS A RESULT OF THIS AND
I'M SORRY
I'VE GOT A CHILD HERE IN VIRTUAL CLASSROOM
ONE SECOND
THANKS
AND THEN THE SECOND INFLECTION POINT WAS THE NEWS ON MONDAY THAT WE HAVE VERY POSITIVE INITIAL DATA FROM PFIZER'S VACCINE AND IT SOUNDS LIKE POSSIBLY A SECOND VACCINE AS WELL THAT COULD MEAN THAT FAIRLY SOON INTO NEXT YEAR WE'D SEE LARGE NUMBERS OF AMERICANS BEING VACCINATED
THAT'S VERY ENCOURAGING NEWS
SO OVER THE COURSE OF THE NEXT WEEK, WE NEED TO BE DECIDING HOW THOSE COUNTERVAILING FORCES WILL IMPACT OUR DECISIONS AS WE INTEND TO CRAFT A BUDGET
I'M INCLINED TO BE CONSERVATIVE AND TO FIND A WAY THAT WE CAN MAKE SURE THAT WE HAVE THE RESERVES AND RESOURCES WE NEED IN A NEGATIVE TURN, BUT I ALSO DON'T WANT TO PUT A STRAIN ON OUR TAXPAYERS THAT'S UNDUE
SO
I'M CERTAINLY APPRECIATE THE VERY WISE THINKING THAT MY COLLEAGUES ARE PUTTING INTO THIS
THANK YOU, COMMISSIONER CALKINS
COMMISSIONER BOWMAN, I SEE YOUR HAND UP AS WELL
NO, I'LL JUST BE REALLY BRIEF
AGAIN
THANK YOU COMMISSIONER CALKINS
I REALLY APPRECIATE ACTUALLY ALL THE COMMENTS
AND I THINK AT THE END OF THE DAY, WE ALL SHARE THE SAME DESIRE
WE WANT TO SPUR ECONOMIC DEVELOPMENT FOR A REGION AND HELP THOSE MOST IN NEED
AND I'M JUST COGNIZANT OF THE FACT THAT WE, OVER MY TIME AT THE PORT, TRYING TO BE JUDICIOUS ABOUT OUR EXPENDITURES
AND I'VE GOT SOME COMMENTS ABOUT THE CIP
SO I'LL HOLD THEM UNTIL THEN AND I KNOW COMMISSIONER STEINBREUCK YOU'RE EAGER TO GET TO THE PUBLIC TESTIMONY
SO I WILL STOP THERE AND LET'S HEAR FROM THE PUBLIC
THANKS
COMMISSIONER BOWMAN
I DON'T HAVE ANYTHING MORE TO ADD HERE
I DO WANT TO MENTION THAT WE'VE RECEIVED SOME PUBLIC COMMENT THROUGH EMAIL WITH FROM MR JC HARRIS WHO HAS HAD TROUBLE APPARENTLY SIGNING ON TO THE PUBLIC COMMENT PERIOD ON THE BUDGET TOPIC SPACE
JUST TO DIRECT YOUR ATTENTION WITH THAT
I HAVE NO FURTHER COMMENTS AND WOULD LIKE TO AT THIS TIME OPEN THE PUBLIC HEARING ON RESOLUTION NUMBER 3779
WRITTEN TESTIMONY HAS ALSO BEEN RECEIVED AS MENTIONED AND DISTRIBUTED BY THE CLERK TO ALL COMMISSIONERS FOR THEIR REVIEW
I'D LIKE THE DEPUTY CLERK TO CALL THE FIRST PERSON WE HAVE WHO'S BEEN SIGNED UP TO SPEAK
YES, THE FIRST PERSON FOR THE PUBLIC HEARING ON THE BUDGET IS HEATHER WORTHLY
THANK YOU
I'M HEATHER WORTHLY, EXECUTIVE DIRECTOR OF PORT JOBS, A SMALL NONPROFIT DELIVERING JOB SEARCH SUPPORT AND CAREER ADVANCEMENT OPPORTUNITIES AT SEA-TAC
WE APPLAUD THE PORT'S CENTERING OF RACE EQUITY IN THIS BUDGET AND WE ARE FORMALLY ENGAGED IN BECOMING AN ANTI-RACIST, MULTICULTURAL ORGANIZATION
WE SUPPORT THE PORT'S CONTINUED INVESTMENT IN WORKFORCE DEVELOPMENT AS AN EQUITY ISSUE
NOT ONLY IN THE PROPOSED BUDGET, BUT ALSO THROUGH THE ADDITIONAL CRITICAL INVESTMENTS YOU ARE MAKING THIS YEAR THROUGH YOUTH INTERNSHIP AND APPRENTICESHIP FUNDING AND THE SOUTH KING COUNTY FUND TO INCREASE SUPPORT FOR COMMUNITIES OF COLOR
INVESTMENT IN WORKFORCE IS MORE CRITICAL NOW THAN EVER
WE PARTNER WITH LOCAL COLLEGES TO BRING CLASSES ON SITE FOR AIRPORT WORKERS AND WITH ALASKA AIRLINES TO OFFER SCHOLARSHIPS TO AIRPORT WORKERS AND TO THOSE WHO HAVE LOST THEIR AIRPORT JOBS DUE TO THE PANDEMIC
PORT JOBS IS OFFERING A SECOND COHORT OF INTRODUCTION TO AVIATION MAINTENANCE TECHNOLOGY IN JANUARY AND WE'RE BUILDING ON THIS YEAR'S CLASS WHERE 95% OF OUR STUDENTS ARE BIPOC AND THIRTY PERCENT WOMEN AS WE STRIVE TO HELP INCREASE DIVERSITY IN THIS MOSTLY WHITE, MOSTLY MALE FIELD
WE'RE GRATEFUL TO BE ABLE TO DELIVER IN PERSON SERVICES AT THIS TIME AND HAVE BEEN A LIFELINE FOR MANY AIRPORT WORKERS WHO NEED ASSISTANCE DURING THE PANDEMIC
WE'RE PARTNERING WITH PUBLIC HEALTH TO OFFER HEALTH ENROLLMENT FAIRS IN PERSON AT THE AIRPORT AND INVITE ALL AIRPORT WORKERS AND THOSE LAID OFF TO COME GET MULTILINGUAL ASSISTANCE IN OBTAINING HEALTH CARE COVERAGE
WASHINGTON'S APPLE HEALTH MEDICAID PROGRAM HAS $0 PREMIUM AND MANY ARE ELIGIBLE
OUR NEXT FAIR IS NOVEMBER 19TH FROM 10:00 A.M
TO 4 P.M
AT OUR AIRPORT JOBS OFFICE
AS COVID IS SURGING, WE ARE TAKING EVERY PRECAUTION AND ARE DELIVERING IN-PERSON SERVICES SAFELY THANKS TO YOUR SUPPORT
THANK YOU FOR LISTENING
THANK YOU, HEATHER, AND THANKS FOR YOUR GREAT WORK WITH THE PORT JOBS
NEXT SPEAKER, PLEASE
YES
NEXT IS SARAH SHIVELY
CAN YOU HEAR ME? YES WE CAN
GOOD AFTERNOON COMMISSIONERS
ON THE IS OCTOBER 8TH ONLINE PRESENTATION, LANCE LYTTLE EXPLAINED THAT THE PORT IS TAKING MEASURES TO CUT FEES FOR AIRLINE CORPORATIONS THAT USE SEATAC
YOUR STAFF REITERATED IT TODAY NOTING THAT CARES ACT FUNDS WILL BE USED TO LOWER FEES FOR AIRLINES THAT USE SEATAC
AT THE SAME TIME, YOU'RE PROPOSING TO INCREASE THE AMOUNT OF MONEY YOU COLLECT SOME TAXPAYERS OVER THE NEXT THREE YEARS IN PART TO COVER COSTS THAT SHOULD BE PAID BY AIRLINE CORPORATIONS
THIS IS UNCONSCIONABLE AT ANY TIME AND EVEN MORE SO GIVEN THE FINANCIAL HARDSHIP SO MANY INDIVIDUALS IN KING COUNTY ARE FACING
WHY AREN'T YOU TAKING THE SAME MEASURES TO CUT COSTS FOR TAX PAYERS AS YOU ARE FOR AIRLINES? AS A PUBLIC AGENCY THAT CONTINUALLY PAYS LIP SERVICE TO SERVING THE COMMUNITY AND FOSTERING EQUITY, HOW IS THIS DEFENSIBLE? WHY AREN'T THE MILLIONS OF DOLLARS OF CARES ACT FUNDS RECEIVED BEING USED TO HELP LOW-INCOME SEATAC WORKERS LIKE THOSE WHO SPOKE EARLIER TODAY INSTEAD OF CUTTING COSTS FOR AIRLINE CORPORATIONS? I'D ALSO LIKE TO MAKE ONE QUICK COMMENT ABOUT COMMISSIONER FELLEMAN'S PROPOSED AMENDMENT
AVIATION BIOFUELS WHICH COMMISSIONER FELLEMAN REFERRED TO AS SUSTAINABLE FUEL AND WANTS TO INVEST MORE MONEY IN, DO NOT REDUCE THE AMOUNT OF CO2 THAT IS EMITTED INTO OUR ATMOSPHERE FROM THE ACTUAL BURNING OF THE FUEL WHICH IS THE SINGLE LARGEST SOURCE OF EMISSIONS FROM SEATAC
MOREOVER, IT'S UNCLEAR HOW MUCH BURNING BIOFUELS WOULD REDUCE OTHER TYPES OF EMISSIONS FROM AVIATION OR FROM RADIATIVE FORCING, WHICH CAUSES ADDITIONAL CLIMATE WARMING
IF YOU'RE SERIOUS ABOUT REDUCING EMISSIONS YOU NEED TO LOOK BEYOND BIOFUELS AND START TALKING ABOUT DEEP GROWTH
AS COMMISSIONER FELLEMAN SAID, THE CLIMATE WAITS FOR NO ONE
I'VE SUBMITTED ADDITIONAL COMMENTS IN WRITING AND I WOULD ASK THAT YOU READ THOSE AS WELL
THANK YOU
THANK YOU
NEXT SPEAKER, PLEASE
YES NEXT I HAVE MAX HYE
HELLO? YUP, WE CAN HEAR YOU MAX
OH GREAT
GOOD AFTERNOON COMMISSIONERS
MY NAME IS MAX HYE AND I WORK WITH [INAUDIBLE] REGARDING THE 2021 BUDGET, WE WANTED TO THANK THE PORT OF SEATTLE FOR SUPPORTING WORKFORCE DEVELOPMENT AND FOR THE SERVICES PROVIDED BY PORT JOBS, AIRPORT JOBS, AND AIRPORT UNIVERSITY, AND THE 2021 BUDGET
IF IT WASN'T FOR PORT JOBS, MANY COMPANIES LIKE OURS WOULD STRUGGLE TO FIND QUALIFIED EMPLOYEES
THE VARIOUS OTHER SERVICES THEY PROVIDE INCLUDING HEALTHCARE DIRECTION AND MORE ARE VERY MUCH A NEED IN OUR AIRPORT COMMUNITY
IN ADDITION TO PORT JOBS, STAFF IS WONDERFUL TO WORK WITH
WE ARE HOPEFUL THAT PORT JOB CONTINUES TO SUPPORT OUR AIRPORT COMMUNITY FOR YEARS TO COME
THANK YOU
NEXT SPEAKER PLEASE
YES
NEXT I HAVE LEANNE SAVELBIA
LEANNE? THERE IS SOME DELAY WITH UNMUTING
SO GIVE IT A MOMENT
OKAY? ALTHOUGH, YEAH, I SEE THE PHONE NUMBER STILL
LEANNE YOU THERE? HELLO
YES
PERFECT
YAY
OKAY
GOOD AFTERNOON COMMISSIONERS
MY NAME IS LEANNE SUBURBIA
AND I AM THE OWNER OF BS FOODS
WE'RE AN ACDBE COMPANY
I'D LIKE TO THANK THE PORT OF SEATTLE FOR SUPPORTING WORKFORCE DEVELOPMENT AND THE SERVICES PROVIDED BY PORT JOBS, AIRPORT JOBS, AIRPORT UNIVERSITY
I'VE WORKED AT THE AIRPORT FOR FOUR YEARS AT SEA-TAC AND TRAVEL TO MANY OTHER AIRPORTS AND I'M HAPPY TO SAY WE HAVE A PORT THAT UNDERSTAND THAT OUR EMPLOYEES ARE THE BACKBONE TO OUR SUCCESS
PORT JOBS HELPS US FIND THE BEST CANDIDATE FOR OUR JOBS AND HELPS EDUCATE MANY DIVERSE PEOPLE SO THEY CAN ADVANCE THEIR EMPLOYMENT
PORT JOBS LISTENS TO OUR NEEDS AS A COMPANY AND HELPS US AT SEA-TAC AIRPORT
PLEASE CONTINUE TO SUPPORT PORT JOBS, ESPECIALLY DURING THE TRYING TIMES OF THE UNCERTAINTY
THANK YOU
ALRIGHT, THE NEXT SPEAKER IS GERMET WORKU
WE WERE NOT ABLE TO GET CONFIRMATION FROM GOURMET DURING ROLL CALL THIS MORNING, BUT THAT WAS BEFORE NOON
SO MAYBE THEY'VE BEEN ABLE TO JOIN US
ALL RIGHT
I WILL GO TO THE NEXT SPEAKER WHICH IS ANN CROAKER
HELLO, THIS IS ANN CROAKER
ONE MOMENT, PLEASE
THANK YOU FOR HEARING MY TESTIMONY TODAY ON THE BUDGET
AS WE KNOW BUDGETS ARE NOT ABOUT MONEY, THEY ARE ABOUT THE GOALS AND PURPOSE OF THE ORGANIZATION AND I WOULD LIKE TO URGE YOU, THE COMMISSIONERS, TO ADOPT A BUDGET FOR 2021 THAT IS ABOUT A JUST TRANSITION TO A CLEANER AND MORE EQUITABLE WORLD
RECOVERY TO FLIGHTS AND MORE CRUISES AND THE BUILDING OF INFRASTRUCTURE TO SUPPORT THEM WILL NOT DO THAT
THE PORT HAS DONE SOME GREAT WORK TOWARDS ENVIRONMENTAL AND JUSTICE POLICIES AND ACTIONS LIKE THE NEW NAMES OF THE PARKS AND THE QUIET SOUND PROGRAM AND THEIR GOAL TOWARDS ZERO CARBON EMISSIONS FROM GROUND OPERATIONS AND YOUR COMMUNITY SUPPORT PROGRAMS ARE LAUDABLE, TOO
HOWEVER ALL THIS FINE WORK DOES NOTHING WHATSOEVER TO ADDRESS THE POLLUTION REIGNED OVER THOSE UNDER THE FLIGHT PATHS AND THE LONGER TERM CARBON POLLUTION WHICH AFFECTS EVERYONE
OPERATIONS THAT ARE SUPPORTED WHICH EMIT SO MUCH POLLUTION CANNOT BE TURNED AWAY FROM
THE CLIMATE IMPACT FROM AVIATION IS ACTUALLY THREE TIMES BIGGER THAN JUST FROM ITS CO2 EMISSIONS ALONE AS AVIATION INDUCES CIRRUS CLOUDS AND OTHER DETAILS AND I COULD CERTAINLY GET YOU THAT PREFERENCE
FROM THE OIL WELL THROUGH THE FLIGHTS AVIATION ACCOUNTS FOR ALMOST SIX PERCENT, SIX PERCENT, OF ALL HUMAN INDUCED CLIMATE EMISSIONS, AND THESE NUMBERS ARE PRODUCED BY SERVING A TINY FRACTION OF THE WHOLE POPULATION
I DON'T HAVE A LOT OF TIME YET, BUT I WOULD REALLY LIKE TO IMPRESS UPON YOU THAT WE CANNOT GO BACK TO THE SAME OLD SAME OLD
AND IT'S HARD TO DEAL WITH THESE CARBON EMISSIONS AND IMMEDIATE POLLUTION, BUT YOU HAVE TO START ACKNOWLEDGING THE REAL PROBLEM AND YOUR PART IN IT AND NOT TURN AWAY OR GIVE OUT BAND-AIDS FOR THIS GAPING WOUND
LET'S TAKE THIS OPPORTUNITY TO BUILD BACK BETTER AND NOT DISMISS THIS IN ADOPTING THIS 2021 BUDGET AS WE NEED TO NOT RETURN TO 20TH CENTURY ATTITUDES, WE NEED TO GO ON TO THAT BETTER WORLD
THANK YOU VERY MUCH
I'D LIKE THE NEXT SPEAKER CALLED, PLEASE
THAT IS EVERYBODY THAT I HAD WHO SIGNED UP BEFORE OUR DEADLINE THIS MORNING
I KNOW YOU MENTIONED JC HARRIS WAS TRYING TO SIGN UP
SO IF JC HARRIS HAS BEEN ABLE TO JOIN THEN WE CAN ACCEPT COMMENT
OKAY
BUT HE DID SEND WRITTEN COMMENT BY EMAIL
SO ARE THERE ANY OTHER WRITTEN COMMENTERS ON THE PUBLIC HEARING PORTION OF THIS BUDGET? I DID HAVE FIVE COMMISSIONERS STEINBREUCK
I HAD WRITTEN TESTIMONY FROM MARK LESLIE OF VIP HOSPITALITY AND HE WRITES IN SUPPORT OF FUNDING FOR WORKFORCE DEVELOPMENT AND PORT JOBS
ALSO FROM LAURA GIBBONS OF 350 SEATTLE'S AVIATION TEAM SPEAKS TO ONE OF THE PORT'S KEY BUDGET DRIVERS BEING COMPLETION OF THE SUSTAINABLE AIRPORT MASTER PLAN AND FULL BUDGET FUNDING FOR AN ENVIRONMENTAL REVIEW AND REDUCTION IN AVIATION
TYRELL HEADLAND SPEAKS IN OPPOSITION TO LOWER COST FOR AIRLINES AND HIGHER TAXES FOR RESIDENTS AND SPEAKS REGARDING LOWERING CARBON EMISSIONS
HEIDI MAJOR SPEAKS IN SUPPORT OF FUNDING FOR AIRPORT JOBS AND AIRPORT UNIVERSITY PROGRAMS AND THEN WE DID HAVE THE WRITTEN COMMENT FROM SARA SHIVLEY WHO SPEAKS TO THE 2021 BUDGET NOT BEING ALIGNED WITH THE PORT CENTURY AGENDA GOALS AND IN OPPOSITION TO INCREASE TAXES ON THE INDIVIDUAL
THOSE WERE THE WRITTEN COMMENTS THAT WE HAVE RECEIVED
I'M SORRY
I'M LOOKING IN MY EMAIL INBOX AND I DON'T SEE A WRITTEN COMMENT FROM MR HARRIS
SO HE MUST HAVE SENT IT DIRECTLY TO THE COMMISSIONERS
YOU'RE MUTED COMMISSIONER STEINBREUCK
YEAH, I THINK HE DID SEND IT DIRECTLY SO COMMISSIONERS CAN REVIEW HIS EMAIL ON THEIR OWN TIME THERE
I WANTED TO MENTION THAT THERE WILL BE TIME TO DISCUSS THE PROPOSED AMENDMENTS
I THINK WE HAVE UP TO FIVE OF THEM NOW
I HAD EXPECTED THAT COMMISSION THAT EXECUTIVE DIRECTOR METRUCK WOULD COMMENT ON THE TWO THAT WERE SUBMITTED WITHIN THE TIME FRAME BUT I THINK IT MAY BE BEST TO TAKE UP EXECUTIVE STAFF RESPONSE TO THE PROPOSED AMENDMENTS AT THE NEXT MEETING AND CONTINUE WITH OUR OTHER ITEMS BECAUSE WE HAVE A PRETTY LENGTHY AGENDA THAT WE ARE STILL WADING THROUGH HERE
IF I HEAR NO OBJECTIONS TO THAT APPROACH, WE CAN CONTINUE WITH THE NEXT ITEM
SO MR COMMISSION PRESIDENT WOULD WE LIKE TO CONTINUE THIS PUBLIC HEARING TO NOVEMBER 17TH? YES
THANK YOU FOR THAT CLERK HART
YES, IT IS MY INTENTION IN THE INTEREST OF TRANSPARENCY AND PUBLIC IN PROCESS THAT WE CONTINUE THIS PUBLIC HEARING TO THE NOVEMBER 17TH MEETING WHICH WILL ALLOW FURTHER TIME FOR PUBLIC COMMENT AT THAT DATE AND ADDITIONAL TIME FOR MEMBERS OF PUBLIV HOPEFULLY TO REVIEW IN MORE DETAIL SOME OF THESE BUDGET AMENDMENTS AND THE ENTIRE BUDGET ADOPTION PROCESS
SO I'M PROPOSING THAT THIS HEARING BE CONTINUED AND IF THERE IS NO OBJECTION TO ADDING THAT ADDITIONAL TIME FOR THESE AMENDMENTS IT WILL BE CONTINUED TO NOVEMBER 17TH
IS THERE ANY OBJECTION TO THAT APPROACH? OKAY, I DON'T SEE ANY HANDS UP
OKAY CLERK
PLEASE READ THE NEXT ITEM INTO THE RECORD
THANK YOU
MR PRESIDENT
THIS IS ITEM 10B, INTRODUCTION OF AND HOLD A PUBLIC HEARING REGARDING RESOLUTION NUMBER 3780, A RESOLUTION OF THE PORT COMMISSION OF THE PORT OF SEATTLE SPECIFYING THE DOLLAR AND PERCENTAGE CHANGE AND THE REGULAR PROPERTY LEVY FROM THE PREVIOUS YEAR PER RCW 8455120 PROVIDING FOR 3% INCREASE OF THE LEVY FROM $76,384,800 TO $78,676,344 COMMISSIONERS, I APPRECIATE THE DISCUSSION OF THE BUDGET ITEM, THE PREVIOUS ITEM
THIS ITEM CONCERNS THE TAX LEVY
THE PRELIMINARY BUDGET YOU WERE JUST BRIEFED ON REFERENCES 2021 TAX LEVY TOTALING ROUGHLY SEVENTY EIGHT POINT SEVEN MILLION DOLLARS
WE RECOMMEND A 3% INCREASE TO THE TAX LEVY TO CATCH UP ON OUR PURCHASING POWER AS DAN THOMAS DISCUSSED EARLIER TO WEATHER THE IMPACTS FROM COVID-19 AND TO SUPPORT OUR INVESTMENTS IN CRITICAL STRUCTURE
THIS WOULD ADD A DOLLAR AND FIFTY EIGHT CENTS TO THE MEDIAN HOMEOWNER'S TAX FROM TO 2020
WE DO NOT MAKE THIS RECOMMENDATION LIGHTLY
WHILE OUR INCREASE IS VERY SMALL, WE ACKNOWLEDGE THAT ANY TAX INCREASE CAN BE A BURDEN FOR SOME OF OUR COMMUNITY MEMBERS, ESPECIALLY DURING A PANDEMIC
AS A MAJOR ECONOMIC ENGINE, WE MUST LOOK FORWARD TO USE THE TOOLS AVAILABLE TO US TO SUPPORT INVESTMENTS IN OUR REGION SO WE CAN REMAIN COMPETITIVE, STRIVE TOWARDS EQUITY, AND MAINTAIN CRITICAL ASSETS
IT'S BEEN AN EXTRAORDINARY BUDGET YEAR FOR MANY GOVERNMENTS AND INSTITUTIONS ACROSS THE COUNTRY
THERE'S STILL A LOT OF UNCERTAINTY AS WE MOVE FORWARD IN THE BUDGETING PROCESS, BUT THE TAX LEVY IS ONE TOOL WE HAVE IN OUR TOOLBOX TO HELP US WEATHER THE STORM
THE CONSEQUENCES OF NOT TAKING ACTION WILL BE FELT BY MANY WHOSE JOBS DEPEND UPON THE PORT, BY COMMUNITIES WHOSE QUALITY OF LIFE DEPENDS ON THE PORT INVESTING IN EFFICIENCY AND SUSTAINABILITY, BY BUSINESSES ACROSS WASHINGTON STATE THAT DEPEND UPON OUR STATUS AS A GLOBAL GATEWAY, AND BY LOCAL GOVERNMENTS WHOSE ECONOMIC DEVELOPMENT STRATEGIES ARE INTERTWINED WITH THE PORT
SO LOOK FORWARD TO GETTING YOUR FEEDBACK ON THIS PROPOSAL
THE BRIEFERS ARE DAN THOMAS, OUR CHIEF FINANCIAL OFFICER, MICHAEL TONG, CORPORATE BUDGET
THEY WILL BE PRESENTING
SO DAN? YEAH
THANK YOU STEVE
SO WASHINGTON STATE LAW REQUIRES TAXING DISTRICTS TO TAKE A SEPARATE VOTE AS A SEPARATE RESOLUTION OR ORDINANCE IF THEY WISH TO INCREASE THEIR PROPERTY TAXES ABOVE A CERTAIN MINIMAL AMOUNT, TYPICALLY JUST THE AMOUNT OF NEW CONSTRUCTION ADDED TO THE TAX ROLLS
SO IT'S SOMEWHAT OF A TECHNICALITY
SO IN ORDER TO INCREASE THE LEVY BY 3%, COMMISSION ACTION IS REQUIRED ON THIS RESOLUTION
SO WOULD BE HAPPY TO ANSWER ANY QUESTIONS
DO WE HAVE QUESTIONS? I CAN RUN THROUGH THE ROLL
BEGINNING WITH COMMISSIONER FELLEMAN
JUST FOR CLARITY'S SAKE, ONE OF THE COMMENTERS SPOKE TO THE CARES ACT AND COULD YOU SPEAK TO THE ABILITY FOR US TO USE THE GRANT
WHAT THAT MEANT AND WHAT WE'RE ABLE TO USE THE LEVEL FOR? SURE
SO THE CARES ACT IS EXCLUSIVELY AVAILABLE FOR THE AIRPORT AND THE AIRPORT ALONE
AND IT'S AVAILABLE TO PAY FOR OPERATING EXPENSES OR DEBT SERVICE OR EVEN CAPITAL
THE AIRPORT HAS ELECTED TO APPLY IT IN PARTICULAR TO OPERATING EXPENSES AND DEBT SERVICE BECAUSE IT'S A LITTLE MORE COMPLICATED TO APPLY IT TO CAPITAL
THERE'S MORE HOOPS THEY HAVE TO GO THROUGH
SO THAT MONEY IS EXCLUSIVELY AVAILABLE FOR THE AIRPORT
TAX LEVY ON THE OTHER HAND IS LEGALLY AVAILABLE FOR ANY PORT PURPOSE
SO WHILE TRADITIONALLY THE PORT HAS NOT UTILIZED THE TAX LEVY TO SUPPORT THE AIRPORT SINCE THE AIRPORT IS DESIGNED TO BE SELF SELF FUNDING, IN SOME LIMITED CIRCUMSTANCES, THE COMMISSION HAS ELECTED TO APPLY LEVY FUNDS TO SERVE AIRPORT EXPENDITURES THAT ARE NOT ALLOWED UNDER FAA REGULATIONS AGAINST REVENUE DIVERSION
SO SOME EXAMPLES WOULD BE FUNDING FOR SOME OF THE HIGH LINE SCHOOLS INSTALLATION AND CONSTRUCTION THAT ARE OUTSIDE OF THE ZONE AVAILABLE FOR AIRPORT FUNDING
SOME OF THE AIRPORT PROGRAMS, SOME OF THE AIRPORT JOBS PROGRAMS ARE UTILIZING LEVY FUNDS
THERE'S SOME MONEY THAT'S PART OF THE CITY OF SEATAC INTERLOCAL AGREEMENT THAT'S APPLIED FOR ADDITIONAL SECURITY IN THE CITY
SO IN CERTAIN LIMITED CIRCUMSTANCES, WE DO USE LEVY TO FUND SOME AIRPORT EXPENDITURES THAT ARE INELIGIBLE FOR AIRPORT FUNDING
BUT WE COULD USE MORE, LEGALLY
WE CHOOSE NOT TO
COMMISSIONER FELLEMAN YOU'RE MUTED
JUST TRYING TO CLARIFY COULD LEVY FUNDS COULDN'T BE USED TO SUPPORT
IT WOULD NOT BE A GIFT OF PUBLIC FUNDS
WE WOULD JUST BE ABLE TO JUSTIFY [CROSSTALK] WELL REGARDLESS, IT'S STILL CAN'T BE A GIFT OF PUBLIC FUNDS
THAT APPLIES UNDER ALL CIRCUMSTANCES FOR HOW WE USE OUR MONEY SO WE CAN'T JUST GIVE IT AWAY, BUT WE CAN PAY EXPENDITURES IF WE CHOSE OUT OF THE TAX LEVY SUCH AS IN THE EXAMPLES I MENTIONED
THERE'S NO PROHIBITION AGAINST USING THE LEVY TO PAY LEGITIMATE EXPENSES
FOR EITHER DIVISION
I DIDN'T THINK IT INCLUDED OPERATIONAL ONES, BUT YOU'RE SAYING THAT'S WITHIN OUR DISCRETION AS WELL
THAT'S CORRECT
ALL RIGHT, THANKS, BUT WE CHOOSE NOT TO
THAT'S THE POINT
RIGHT
GENERALL
EXCEPT FOR THOSE FEW LIMITED EXCEPTIONS
THANK YOU, COMMISSIONER FELLEMAN
MOVING TO COMMISSIONER CHO
I DON'T HAVE ANY FURTHER QUESTIONS ON THE LEVY, THANKS
THANK YOU
COMMISSIONER CALKINS
YOU'RE MUTED SIR
NO QUESTIONS RIGHT NOW
THANK YOU
COMMISSIONER BOWMAN
NO OTHER QUESTIONS ON THE LEVY
I DID HAVE SOME QUESTIONS ABOUT THE CIP
I DON'T KNOW IF I STILL HAVE AN OPPORTUNITY TO ASK THAT
I AM HAVING SOME BROKEN AUDIO HERE DUE TO A POOR NETWORK QUALITY
COMMISSIONER BOWMAN HAD QUESTIONS ON THE CIP, COMMISSIONER STEINBREUCK
MAY I JUST ASK ONE OTHER QUESTION
IT'S SOMEWHAT RELATED
OKAY
THANK YOU
I'LL BE REALLY BRIEF BECAUSE IT IS RELATED TO THE LEVY AND WHAT WE'RE FUNDING
YOU KNOW AGAIN, I JUST WANT TO CALL OUT THE THE EXTRAORDINARY YEAR THAT WE'VE HAD AND THE STEPS THAT STAFF HAS TAKEN TO HELP US GET THROUGH THE PANDEMIC
BUT I CAN'T HELP BUT PROJECT OUT WHERE WE ARE HOPING TO BE IN A FEW YEARS AND I WANTED TO JUST CALL ATTENTION TO THE BUDGET THAT WE ADOPTED LAST YEAR AND THE BUDGET THAT WE'RE LOOKING AT NOW AND CALL OUT FOUR PARTICULAR PROJECTS
ONE IS FISHERMAN'S TERMINAL GATEWAY PROJECT
LAST YEAR WE ADOPTED A CIP AND ESTIMATED THAT THAT PROJECT WILL BE 23 MILLION
WITH THIS BUDGET WE'RE LOOKING AT A NEW COST OF OF 53 MILLION
30 MILLION DOLLAR INCREASE
MORE THAN DOUBLE
LOOKING AT THE MARITIME INNOVATION CENTER
LAST YEAR WE PASSED A BUDGET, A CIP, THAT ESTIMATED THE COST OF THE INNOVATION CENTER, WHICH IS A GREAT PROJECT, AT 10 MILLION DOLLARS
IN THIS CIP WE'RE LOOKING AT A COST OF 16 MILLION DOLLARS, A 62% INCREASE
AS WE'RE LOOKING AT THE T-91 UPLANDS
LAST YEAR IN OUR 2020 BUDGET WE ESTIMATED THAT PROJECT WOULD COST THIRTY EIGHT MILLION DOLLARS
NOW IN 2021 OUR ESTIMATES ARE 48 MILLION DOLLARS, OR ANOTHER 10 MILLION DOLLAR INCREASE
AND THEN AS I MENTIONED PREVIOUSLY IN TERMINAL 46 CRUISE TERMINAL, LAST YEAR WE ESTIMATED IT WOULD BE A HUNDRED MILLION DOLLARS
THIS YEAR WITH A VERY TENUOUS CRUISE FUTURE AHEAD OF US, WE'RE ESTIMATING IT TO BE A HUNDRED AND TWENTY FOUR MILLION DOLLAR
AND I THINK WE ALL KNOW THAT WE JUST REALLY DON'T HAVE ANY IDEA WHAT A NEW CRUISE TERMINAL WOULD COST
AND COLLEAGUES, THE REASON I BRING THIS UP IS THAT YOU KNOW, AS WE ADVANCE IN SOME OF THESE PROJECTS, WE'RE LEARNING MORE AND YOU KNOW, THE GATEWAY PROJECT IN PARTICULAR AS THE STAFF GOT FURTHER INTO THE DESIGN REALIZED THERE WERE PROBLEMS WITH THE SOIL
WE'VE ALWAYS KNOWN WE'VE HAD ADDITIONAL CHALLENGES AT TERMINAL 91 AND CERTAINLY THE OUTLOOK FOR CRUISE PUTS THE TERMINAL 46 PROJECT OUT SEVERAL YEARS AT BEST
AND SO AGAIN, I WOULD JUST ASK US TO CONSIDER AS WE'RE CONSIDERING INCREASES IN THE LEVY TO THINK ABOUT HOW THIS LOOKS
WE HAD ALMOST A HUNDRED MILLION DOLLARS IN INCREASES TO THESE CAPITAL PROJECTS IN JUST A YEAR
IN ONE YEAR
AND WE REALLY HAVEN'T, WE HAVE SOME ADVANCED DESIGNS AND SO I JUST REALLY WANT TO BE CAUTIOUS ABOUT WHERE WE'RE GOING
MOST OF THEM ARE GREAT PROJECTS AND PROVIDE JOBS FOR THE COMMUNITY AND SUPPORT OUR KEY INDUSTRIES
AND SO I'M NOT
PLEASE DON'T GET ME WRONG
I'M NOT ADVOCATING FOR NOT SUPPORTING THESE PROJECTS, BUT I'M TRYING TO BE CAUTIOUS ABOUT OUR FINANCIAL VIABILITY MOVING FORWARD AND CONTINUING TO JUST RELY ON INCREASES IN THE TAX LEVY TO FUND THESE THINGS
MY STRONG PREFERENCE WOULD BE THAT WE GET A BETTER HANDLE ON WHAT THESE PROJECTS REALLY COST RATHER THAN BANKING MONEY
AND AND I WANT TO ACKNOWLEDGE THIS THAT THE TAX LEVY HAS TO FUND SO MANY WONDERFUL COMMUNITY PROJECTS AND I SUPPORT ALMOST ALL OF THEM
BUT THERE HAS BEEN, I THINK WE WOULD ALL ACKNOWLEDGE, AN EXPONENTIAL INCREASE IN THE NUMBER OF PROJECTS, COMMUNITY PROJECTS, FUNDED OUT OF THE LEVY IN JUST THE LAST THREE YEARS
AND SO WHILE AGAIN THESE ARE PROVIDING GREAT COMMUNITY BENEFITS, I THINK THAT WE NEED AT SOME POINT TO RECONCILE
YOU KNOW, HOW ARE WE GOING TO BE ABLE TO FUND THESE CAPITAL PROJECTS? AND TO WHAT EXTENT ARE WE NOW BECOMING THE AGENCY THAT IS TRYING TO BE ALL TO ALL PEOPLE? BECAUSE WE CAN'T IN THE FUTURE DO ALL OF THOSE THINGS WITHOUT CONTINUED INCREASES
AND I UNDERSTAND THAT THERE'S SOME THAT SAY, YOU KNOW, PERHAPS WE SHOULD JUST CONTINUE TO INCREASE THE TAX LEVY BY CIP
YEAR OVER YEAR AND JUST PEOPLE GET USED TO IT
AND THAT'S ONE APPROACH
AND I THINK WE SHOULD HAVE A DISCUSSION ABOUT THAT
BUT I ALSO THINK THAT OUR STAFF HAS DONE A REMARKABLE JOB OF MANAGING OUR EXPENSES IN MOST CASES SO THAT AGAIN AS I MENTIONED IN THE BEGINNING OF THE YEAR, WE ARE NET ASSET POSITIVE BY A HUNDRED AND NINETY-FIVE MILLION DOLLARS
I JUST THINK THAT IT MIGHT BE SOME TIME TO TO THINK ABOUT WHERE WE'RE GOING AND TO REALLY TRY AND FIGURE OUT HOW WE'RE GOING TO TO BE ABLE TO AFFORD TO DO ALL OF THE THINGS THAT WE WANT TO DO AGAIN
I REALLY WANT TO COMPLIMENT MY COLLEAGUES ON
THERE'S NO LACK OF INCREDIBLE INTENTIONS
WE'RE ALL TRYING SO HARD TO TO FIND WAYS TO HELP THE COMMUNITIES THAT NEED IT MOST AND CONTINUE ON WITH OUR ECONOMIC DEVELOPMENT MISSION AT THE SAME TIME THAT WE'RE PROVIDING ABSOLUTELY CRITICAL INFRASTRUCTURE TO NOT JUST THE PUGET SOUND BUT TO THE STATE
THOSE ARE THREE REALLY LARGE TASKS
AND I WOULD JUST ASK EVERYBODY TO CONSIDER WE MIGHT NOT BE ABLE TO DO ALL THREE IN THE SAME WAY WITH THE FUNDING THAT WE HAVE
AND WE MIGHT NEED TO PRIORITIZE SOME OF THESE THINGS MOVING FORWARD
AND SO JUST ASK FOR US TO CONSIDER SOME OF THESE THINGS AS WE'RE THINKING ABOUT THE LEVY INCREASE BETWEEN NOW AND NEXT WEEK
THANK YOU
THANK YOU COMMISSIONER BOWMAN
LET'S CONTINUE DOWN THE LIST OF COMISSIONERS.THAT WOULD BE YOU COMMISSIONER STEINBREUCK
I WILL CHECK ON THAT
I BELIEVE FELLEMAN HAS HIS HAND UP
IS HE STILL WISHING TO SPEAK? THAT WAS A RESIDUAL HAND
SORRY
GOOD
SO LET'S MOVE ON THEN
IF THERE ARE NO FURTHER QUESTIONS OR COMMENTS, I WOULD ENTERTAIN A MOTION TO INTRODUCE RESOLUTION NUMBER 3780 AND SET IT UP FOR ACTION ON NOVEMBER 17, 2020
SO MOVED
SECONDED
IT'S BEEN MOVED AND SECONDED
THE MOTION WAS MADE AND SECONDED
LET'S DO A ROLL CALL
THANK YOU
BEGINNING WITH COMMISSIONER FELLEMAN
AYE
THANK YOU
COMMISSIONER CHO
AYE
THANK YOU
COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER BOWMAN
AYE WITH A CAVEAT THAT I WANT TO ADVANCE THE CONVERSATION
THANK YOU
AND COMMISSIONER STEINBREUCK
YES
THANK YOU
THERE ARE FIVE YESES AND 0 NO'S
MOTION PASSES
THANK YOU COMMISSIONERS
IS THERE ANOTHER AMENDMENT TO BE PROPOSED FROM COMMISSIONER FELLEMAN? NO, COMMISSIONER STEINBREUCK
HE SPOKE TO THAT EARLIER
I WASN'T SURE IF IT WAS FOR THIS OR THE OTHER RESOLUTION
IT WAS FOR THIS RESOLUTION
HE WAS SUPPOSED TO DO HIS AMENDMENTS TOGETHER
DON'T KNOW IF HE HAS ANYTHING IN ADDITION TO SAY
OKAY, SO I HAD MISUNDERSTOOD THAT BECAUSE HE
COMMISSIONER, YOUR'E ABSOLUTELY RIGHT
I SHOULD HAVE SAVED MY DISCUSSION OF THE TAX LEVY FOR THIS PART OF THE CONVERSATION BUT I JAMMED THEM BOTH IN.
I HAVE NOTHING MORE TO ADD, YOU'LL BE HAPPY TO HEAR
[LAUGHTER] OKAY, THAT'S GOOD
SO, I'M GLAD WE GOT TO HEAR THAT
WELL
I THINK WE'RE READY FOR THE PUBLIC HEARING IF THERE ARE NO FURTHER QUESTIONS OR COMMENTS AT THIS TIME, I'D LIKE TO OPEN THE PUBLIC HEARING ON RESOLUTION NUMBER 3780
DEPUTY CLERK, PLEASE CALL THE FIRST PERSON WHO SIGNED UP TO SPEAK
I BELIEVE THE ONLY PERSON IS JC HARRIS
OKAY, COUNCILMAN MEMBER HARRIS, YOU HAVE THE FLOOR
CAN YOU HEAR ME? YEAH, BUT NOT WELL
YES, WE JC WE CAN HEAR YOU
OKAY, SORRY, SO I SENT YOU A LETTER WHICH PRETTY MUCH, YOU KNOW, IF YOU READ IT, HAS WHAT I HAD TO SAY, BUT
I JUST WANT TO TAG ONTO WHAT COMMISSIONER BOWMAN SAID
SUPPORT, AND GOD BLESS YOU, HAS BECOME SO BROAD IN ITS ASPIRATIONS TO DO GREAT THINGS FOR KING COUNTY
AND THAT'S A WONDERFUL THING
BUT YOU WILL NEVER BE ABLE TO SELL THE TAX LEVY TO THE PEOPLE OF DES MOINES BECAUSE, OVER ALL, THE BENEFITS THAT THEY RECEIVE JUST ARE COMPLETELY OUTWEIGHED BY THE NEGATIVE IMPACTS OF THE AIRPORT
THERE'S JUST NO WAY YOU CAN EVER BALANCE THAT OUT
THE FAIR THING TO DO WOULD BE TO CALCULATE THE PORTION OF THE TAX LEVY THAT COMES FROM DES MOINES AND GIVE IT BACK TO THE CITY IN THE FORM OF AIRPORT MITIGATION
IT IS A WONDERFUL THING THAT YOU DO ALL OF THIS STUFF FOR OYSTERS AND ORCAS AND SHELTERS AND ALL OF THAT OTHER STUFF, BUT IT WOULD MAKE FAR MORE DIFFERENCE TO MY RESIDENCE TO SEE THAT THERE WAS A ONE TO ONE CORRESPONDENCE BETWEEN THE TAXES THEY PAY AND THE RELIEF THAT THEY RECEIVE TO THE NEGATIVE IMPACTS OF SEA-TAC AIRPORT
AND I THINK THAT'S ABOUT IT GUYS
THANK YOU
CLERK, ARE THERE NO FURTHER SIGN UPS FOR THE PUBLIC HEARING? THAT IS ALL OF THEM
OKAY, AND AGAIN, IT WOULD BE MY INTENTION TO CONTINUE THIS PUBLIC HEARING TO NOVEMBER 17TH SO THAT THERE'S ADDITIONAL TIME TO SPEAK ON THE BUDGET MOTIONS AND AMENDMENTS
IF I HEAR NO FURTHER OBJECTION, WE WILL CONTINUE THE PUBLIC HEARING TO NOVEMBER 17TH
OKAY GOOD
SO BE IT
AND WE'RE ALMOST BACK UP TO OUR CLERK SCHEDULE OF MEETING TIME HERE
SO WE'VE GOTTEN SOME ADDITIONAL TIME HERE
SO I'D LIKE THE CLERK TO READ INTO THE RECORD THE NEXT ITEM OF THE AGENDA, WHICH IS ITEM 10C
THANK YOU
MR COMMISSION PRESIDENT
THAT IS ITEM 10C, INTRODUCTION OF RESOLUTION 3781, A RESOLUTION OF THE PORT OF SEATTLE COMMISSION ESTABLISHING PAY RANGES FOR NON-REPRESENTED JOBS AND AUTHORIZING THE BENEFITS THAT COMPRISE THE OVERALL BENEFITS PACKAGE OFFERED TO NON-REPRESENTED PORT EMPLOYEES AND AMENDING THE SALARY AND BENEFITS POLICY DIRECTIVE ESTABLISHED BY RESOLUTION NUMBER 3739
DIRECTOR MATRICK
COMMISSIONERS, THE ANNUAL SALARY AND BENEFITS RESOLUTION IS OUR OPPORTUNITY TO ENSURE THAT WE ARE REMAINING COMPETITIVE WITH OTHER EMPLOYERS IN THE REGION TO ATTRACT AND RETAIN A QUALIFIED WORKFORCE
AS NOTED IN PREVIOUS COMMUNICATION, GIVEN OUR BUDGET CONSTRAINTS OPERATING IN THE COVID ENVIRONMENT, WE ARE FOREGOING COMPENSATION INCREASES FOR THE NEXT YEAR
HOWEVER, I'M PLEASED TO ANNOUNCE SOME OF THE CHANGES WE ARE ABLE TO MAKE INCLUDING ADDING JUNETEENTH AS A PAID PORT HOLIDAY FOR NON REPRESENTED AND THE SMALL PAY RANGE ADJUSTMENT
I'M PLEASED TO HAVE STAFF SHARE A FEW OF THE HIGHLIGHTS OF THE CHANGES WERE PROPOSING FOR 2021
ANN MCCLELLAN, TOTAL REWARDS MANAGER, ANIKA CLICKS, TOTAL REWARDS CONSULTANT, AND PATRICIA LEE, ASSISTANT TO THE MANAGING DIRECTOR REPRESENTING THE BLACKS IN GOVERNMENT WILL BE PRESENTING
THANK YOU DIRECTOR METRUCK
PRESENTERS, PLEASE UNMUTE
COMMISSIONERS WILL REMAIN MUTED UNTIL THE PRESENTATION IS COMPLETE AND THEN WE WILL CALL EACH ON THE ROLL CALL TO ASK QUESTIONS AND MAKE COMMENTS
THANK YOU
GOOD AFTERNOON COMMISSIONERS AND EXECUTIVE DIRECTOR METRUCK
MY NAME IS ANNIKA CLICKS, TOTAL REWARDS CONSULTANT IN HUMAN RESOURCES
NEXT SLIDE, PLEASE
IN THIS BRIEFING ANN MCCLELLAN AND I WILL PROVIDE SOME BACKGROUND INFORMATION FOR THE SALARY AND BENEFITS PROCESS AS WELL AS OUR RECOMMENDED UPDATES AND CHANGES FOR RESOLUTION 3781
PATRICIA LEE IS ALSO HERE WITH US TO PROVIDE REMARKS ABOUT THE NEW PROPOSED HOLIDAY
NEXT SLIDE, PLEASE
THE SALARY AND BENEFITS RESOLUTION SPECIFIES THE NON-REPRESENTED PAY AND BENEFIT PROGRAMS AUTHORIZED BY THE PORT COMMISSION WHILE ADMINISTRATIVE DETAILS OF THESE PROGRAMS ARE MAINTAINED IN PORT POLICIES
THE RESOLUTION ALSO INCLUDES AUTHORIZATION FOR BENEFITS OFFERED TO PORT OF SEATTLE RETIREES AND TO PORT COMMISSIONERS AS WELL AS THE ADMINISTRATIVE DETAILS FOR THESE BENEFITS
UPDATES TO THE RESOLUTION ARE DESIGNED TO KEEP THE AUTHORIZED BENEFIT PLANS CURRENT AND ENSURE THE TOTAL REWARDS PACKAGE THEY ARE PART OF CONTINUES TO SUPPORT THE ATTRACTION AND RETENTION OF EMPLOYEES WITH THE TALENTS AND ABILITIES NECESSARY FOR THE PORT TO ACHIEVE ITS MISSION, VISION, AND OBJECTIVES
THIS PRESENTATION WILL INCLUDE A BRIEFING TO HIGHLIGHT RECOMMENDED UPDATES AND CHANGES TO THE POLICY DIRECTIVE AND AN ADJUSTMENT TO NON-REPRESENTED PAY RANGES FOR 2021 AND REQUEST A MOTION FOR THE INTRODUCTION
FOLLOWING THIS BRIEFING AND INTRODUCTION, STAFF WILL RETURN TO REQUEST THE ADOPTION OF THE SALARY AND BENEFITS RESOLUTION 3781 ON NOVEMBER 17TH
NEXT SLIDE PLEASE
RECOMMENDED UPDATES AND CHANGES FOR 2021 INCLUDE A PORT PAID HOLIDAY TO COMMEMORATE JUNETEENTH, A PAY RANGE OF ADJUSTMENT, AN UPDATE TO THE INTERNAL AUDIT DIRECTOR'S REPORTING RELATIONSHIP, AND A NEW DEFINITION FOR A SPECIFIC TYPE OF TEMPORARY ASSIGNMENT
NEXT SLIDE, PLEASE
THE PORT CURRENTLY OFFERS 10 PAID HOLIDAYS FOR NON-REPRESENTED EMPLOYEES PER THE SALARY AND BENEFITS POLICY DIRECTIVE
WE ARE RECOMMENDING AN 11TH PAID HOLIDAY TO BE ADDED TO COMMEMORATE JUNETEENTH ON JUNE 19TH
JUNTEENTH, OTHERWISE KNOWN AS BLACK INDEPENDENCE DAY, COMMEMORATES THE DAY AND 1865 WHEN ENSLAVED PEOPLE IN GALVESTON TEXAS HEARD THE NEWS OF THEIR FREEDOM TWO YEARS AFTER PRESIDENT LINCOLN ISSUED THE EMANCIPATION PROCLAMATION
IT IS CURRENTLY OBSERVED AS EITHER A STATE OR CEREMONIAL HOLIDAY IN ALL BUT THREE STATES IN U.S
THE PORT OF SEATTLE CHAPTER OF BLACKS IN GOVERNMENT OVER THE YEARS HAS BEEN INSTRUMENTAL IN KEEPING THE TRADITION OF JUNETEENTH CELEBRATIONS ALIVE AT THE PORT
ON BEHALF OF BLACKS IN GOVERNMENT, I'D LIKE TO INVITE PATRICIA LEE TO SAY A FEW REMARKS ON THIS HISTORIC MOTION
THANK YOU MONICA
GOOD AFTERNOON TO THE COMMISSION STAFF, OUR EXECUTIVE DIRECTOR STEVE METRUCK, AND GUESTS
I AM PATRICIA LEE, A TWO-TERM NATIONAL BOARD MEMBER OF BLACKS IN GOVERNMENT AND OUR REGIONAL DIRECTOR
IT IS MY DISTINCT HONOR TO SHARE THIS GOOD NEWS OF JUNETEENTH AS A PORT HOLIDAY AND ITS SIGNIFICANCE
JUNETEENTH REPRESENTED A PIVOTAL MOMENT IN OUR HISTORY OF PEOPLE OF COLOR AS SLAVES AND INDENTURED SERVANTS
JUNETEENTH CELEBRATIONS BEGIN AT THE PORT IN THE EARLY 2000S, AROUND 2003 WHEN LILLIAN CAUSEWISELY, THE THEN PRESIDENT OF BIG, INTRODUCED THE HOLIDAY TO THE PORT
LILLIAN WAS, AND CONTINUES TO BE, A DRUM MAJOR FOR THIS SOCIAL JUSTICE WORK
THE PORT'S LEGEND OF JUNETEENTH
LEGACY SHALL I SAY, THE PORT'S LEGACY OF JUNETEENTH HAS CONTINUED THROUGH BIG'S ANNUAL CELEBRATION WHERE WE NOT ONLY COMMEMORATE AND CELEBRATE ITS HISTORY BUT CONTINUE TO BUILD ON THE LEGACY THROUGH AWARDING OF COLLEGE AND HIGH SCHOOL SCHOLARSHIPS TO LOCAL STUDENTS
TODAY BLACK'S IN GOVERNMENT IS PROUD TO BE INSTRUMENTAL IN ANOTHER PIVOTAL MOMENT IN THE HISTORY OF JUNETEENTH AND THE PORT OF SEATTLE AS HUMAN RESOURCES AND DEVELOPMENT INTRODUCES SALARY AND BENEFITS RESOLUTION 3781 TO FORMALLY PROPOSE JUNETEENTH AS THE 11TH PAID HOLIDAY FOR ALL NON-REPRESENTED EMPLOYEES
WE WANT TO THANK THE COMMISSIONERS, EXECUTIVE DIRECTOR METRUCK, AND THE EXECUTIVE LEADERSHIP TEAM FOR THE EARLY ENGAGEMENT AND LEADERSHIP AROUND THIS CALL TO ACTION
WE THANK YOU FOR THINKING BIG
THE PORT CONTINUES TO BE A BEACON AND THIS COMMUNITY AND THIS REGION MODELING EQUITY DIVERSITY AND INCLUSION AND ITS POLICIES AND PRACTICES
I'M DEEPLY HONORED TO SHARE THIS MOMENT WITH MY COLLEAGUES AND ALL 80 PLUS MEMBERS OF THE PORT OF SEATTLE CHAPTER OF BLACKS IN GOVERNMENT
WE LOOK FORWARD TO THE ADOPTION OF THIS MOTION ON NOVEMBER 17TH
THANK YOU FOR THIS OPPORTUNITY
WE ARE STRONGER TOGETHER
ANNIKA? THANK YOU, PATRICIA
I WILL NOW TURN IT OVER TO ANN MCCLELLAN TO BRIEF YOU ON THE REMAINING UPDATES IN THIS RESOLUTION AND YOU CAN GO TO THE NEXT SLIDE, PLEASE
THANK YOU
GOOD AFTERNOON COMMISSIONERS AND EXECUTIVE DIRECTOR METRUCK
MY NAME IS ANN MCCLELLAN, TOTAL REWARDS MANAGER AND HUMAN RESOURCES
THE 2021 RESOLUTION WILL INCLUDE A POLICY DESCRIPTION UPDATE AND I WANT TO THANK MICHELLE HART FOR HER GREAT HELP IN PROVIDING THE INFORMATION FOR THIS UPDATE AND WALKING US THROUGH WHAT THE CHANGE WILL BE
THIS AMENDMENT IS BEING MADE TO CORRESPOND WITH THE RECENT COMMISSION BYLAWS CHANGE TO REFLECT THE REPORTING RELATIONSHIP OF THE INTERNAL AUDIT DIRECTOR TO THE COMMISSION DELEGATED THROUGH TO THE AUDIT COMMITTEE
THIS AMENDMENT WAS DIRECTED BY THE COMMISSION AT ITS OCTOBER 27TH, 2020 MEETING
NEXT SLIDE, PLEASE
EACH YEAR, WE CONDUCT A MARKET PRICING PROCESS TO ENSURE THAT OUR NON-REPRESENTED JOBS ARE PAID COMPARABLE TO THE EXTERNAL MARKET
THIS YEAR THAT ANALYSIS IS SHOWING THAT THE JOBS WE WERE ABLE TO BENCHMARK ARE WITHIN 1% OF THE MARKET
WE ALSO LOOK AT COMPENSATION PLANNING SURVEYS THAT TELLS US WHAT EMPLOYERS IN BOTH PUBLIC AND PRIVATE SECTOR ARE PROJECTING FOR THEIR 2021 BUDGET AND THAT DATA IS INDICATING THAT EMPLOYERS IN THE PUGET SOUND AREA ARE ANTICIPATING AN AVERAGE TWO POINT EIGHT PERCENT INCREASE TO THEIR BUDGETS
BASED ON THAT INFORMATION, WE ARE RECOMMENDING A 2% ADJUSTMENT TO THE 2021 NON-REPRESENTED SALARY RANGES TO ENSURE THAT THOSE RANGES REMAIN COMPETITIVE
IT'S IMPORTANT TO NOTE THAT THE RANGE ADJUSTMENT DOES NOT EQUATE TO AN INCREASE OF THE ADJUSTMENT AMOUNT FOR ALL NON-REPRESENTED EMPLOYEES
HOWEVER, THERE IS A MINIMAL COST ASSOCIATED WITH THE SALARY ADJUSTMENT BUT ONLY FOR EMPLOYEES WITH CURRENT SALARIES THAT FALL BELOW THE NEW RANGE MINIMUM FOR THEIR GRADE
WITH A TWO PERCENT ADJUSTMENT, WE WOULD NEED TO ADJUST PAY FOR ABOUT ELEVEN EMPLOYEES AT A COST OF APPROXIMATELY $13,000
WE ALSO MONITOR THE CITY OF SEATTLE MINIMUM WAGE TO ENSURE THAT OUR LOWEST RANGE MINIMUM DOES NOT FALL BELOW THAT
IN 2021 VERSES 2022 SHOWED ON THE SLIDE
IN 2021, THE CITY'S MINIMUM WAGE WILL BE $16.69 PER HOUR AND WITH THE ADJUSTMENT WE'RE RECOMMENDING, WE WILL HAVE NO PAY RATES THAT FALL BELOW THAT/ NEXT SLIDE PLEASE
AND FINALLY, WE'LL BE ADDING A DEFINITION FOR PROJECT RELATED TEMPORARY ASSIGNMENTS
WE CURRENTLY HAVE A DEFINITION FOR REGULAR TEMPORARY ASSIGNMENTS THAT GENERALLY LASTS SIX MONTHS AND NO LONGER THAN ONE YEAR
THE PROJECT RELATED ASSIGNMENT WAS CREATED PRIMARILY TO ACCOMMODATE EMPLOYEES WORKING ON CAPITAL PROJECTS AT A HIGHER LEVEL THAN THEIR REGULAR JOB
THESE ASSIGNMENTS ARE EXPECTED TO LAST AT LEAST ONE YEAR AND NO LONGER THAN FOUR
AND THAT CONCLUDES OUR PRESENTATION
WE'RE HAPPY TO ANSWER ANY QUESTIONS
VERY GOOD SPECIAL THANKS TO PATRICIA LEE FOR HER ELOQUENT INTRODUCTION OF THE JUNETEENTH PROPOSED HOLIDAY
I WANT TO TURN NOW TO COMMISSIONERS FOR COMMENTS AND QUESTIONS AND ASK THE CLERK TO CALL THE ROLL
THANK YOU COMMISSIONER STEINBREUCK
BEGINNING WITH COMMISSIONER FELLEMAN
I'M TRYING TO MAKE SURE I'M NOT MUTED FOR A CHANGE
YOU ARE NOT MUTED
SIR
[LAUGHTER] ALRIGHT, I'M SORRY
I SWEAR I HAVEN'T BEEN MUTING YOU, COMMISSIONER
THANK YOU
I'M WORKING OFF MY CELL PHONE IN MY OFFICE
ANYWAY, I WANT TO CONGRATULATE YOU ON ADVOCATING FOR THIS VERY IMPORTANT RECOGNITION AND FOR EXECUTIVE METRUCK FOR FOLLOWING ON THIS ON THIS
WE'VE ALL BEEN VERY MUCH SUPPORTIVE OF THIS AND COMMISSIONER CHO HAS BEEN CENTRAL TO THAT AS WELL
SO, I APPRECIATE THAT
AT THE SAME TIME I ALSO APPRECIATE THE STAFF, YOU KNOW, BEING PART OF THE SOLUTION OF HELPING US MEET THIS UNIQUE BUDGETARY MOMENT IN TIME, AND I THINK THIS IS A GREAT MUTUAL RECOGNITION THAT WE'RE ALL IN IT TOGETHER, AND HOPEFULLY BODES WELL FOR OUR FUTURE TOGETHER, SO I THANK YOU AGAIN
THANK YOU
COMMISSIONER CHO
YEAH
I ALSO WANT TO JUST THANK DIRECTOR METRUCK FOR TAKING THIS ON AND BEING GRACIOUS AND CONTEMPLATING THIS BIG CHANGE
YOU KNOW AS MY FELLOW COLLEAGUES KNOW, THIS IS ONE OF THE ASKS THAT I MADE THE AT THE BEGINNING OF THE YEAR IN TERMS OF BUDGET ASKS
AND YOU KNOW AT THE TIME I WASN'T SURE IF THIS WAS GOING TO HAPPEN, BUT I'M EXTREMELY PLEASED TO BE MOVING FORWARD WITH THIS
I THINK IT TELLS A LOT ABOUT WHAT WE STAND FOR AS A COMMISSION BUT ALSO AS AN INSTITUTION AND A VERY INFLUENTIAL ONE AT THAT WITHIN THIS COMMUNITY
AND SO I HOPE THAT THIS BE SERVES AS A CATALYST WITHIN THE REGION TO YOU KNOW, AND I HOPE I WE SEE OTHER FORMS OF GOVERNMENT FOLLOWING SUIT
SO THANK YOU STEVE AND ALL THE STAFF WHO HAVE WORKED TO MAKE THIS POSSIBLE
THANK YOU
COMMISSIONER CALKINS
YEAH, I WOULD SIMPLY ADD YOU KNOW, I'VE THOUGHT A LOT ABOUT THIS QUESTION OF WHAT HOLIDAYS DO WE COMMEMORATE AT THE PORT OF SEATTLE AND I THINK A KEY FUNCTION OF HOLIDAYS FOR A SOCIETY ARE TO REMIND US REGULARLY OF OUR HISTORY AND IN THIS PARTICULAR CASE, I THINK WE ALL KNOW THE CHURCHILL QUOTE THOSE THAT FAIL TO LEARN FROM HISTORY ARE DOOMED TO REPEAT IT
AND SO ON THIS PARTICULAR ISSUE THERE WAS A GAP IN THAT PERIODIC REMINDER OF THAT PART OF OUR HISTORY THAT WE MUST NEVER REPEAT AND SO I'M TRULY GRATEFUL FOR COMMISSIONER CHO AND FOR PATRICIA LEE AND OTHERS AND LEADERSHIP AT THE PORT OF SEATTLE WHO ADVANCE THIS AND FOR EXECUTIVE DIRECTOR METRUCK TAKING THE STEP TO INCLUDE IN THIS YEAR'S BUDGET
SO, THANK YOU SO MUCH
THANK YOU COMMISSIONER CALKINS
COMMISSIONER BOWMAN
THANK YOU
I DON'T HAVE MUCH TO ADD EXCEPT THAT I JUST WANT TO SAY PATRICIA, YOU ARE AN ABSOLUTE ROCK STAR
THAT WAS A BEAUTIFUL PRESENTATION
THANK YOU
NOBODY COULD HAVE DONE IT ANY BETTER
JUST TOP-NOTCH
YOU SAID IT AS ELOQUENTLY AS ANYBODY COULD
THANK YOU SO MUCH FOR YOUR LEADERSHIP
AND FOR ALL OF THE MEMBERS OF BIG AND EVERYBODY THAT BOUGHT THIS FORWARD, PARTICULARLY COMMISSIONER CHO
THANK YOU
AND COMMISSIONER STEINBREUCK
JUST TO MENTION THAT THERE WILL BE FURTHER OPPORTUNITY TO SPEAK TO THE PROPOSED JUNETEENTH HOLIDAY
I THINK WE MAY BE THE FIRST AMONGST LOCAL GOVERNMENTS TO ADOPT THIS, SHOULD IT GO FORWARD AND I AM CO-SPONSORING WITH COMMISSIONER CHO AND GREATLY APPRECIATE HIS LEADERSHIP AS WELL AS THE STAFF INTEREST AND SUPPORT
AND SO WE WILL ALSO BE INVITING SOME COMMUNITY MEMBERS TO SPEAK AS PRESENTERS AND MEMBERS OF BLACKS IN GOVERNMENT
VERY SIGNIFICANT EVENT OR OCCASION I SHOULD SAY TO BE ADVANCING THIS NEW HOLIDAY
IT'S NOT SOMETHING THAT HAPPENS OFTEN AND IT IS EXTREMELY SIGNIFICANT AND IMPORTANT
THANK YOU
COMMISSIONER STEINBREUCK, I BELIEVE NOW WE WOULD HAVE A MOTION TO INTRODUCE
THANK YOU
SO AT THIS POINT, IS THERE A MOTION IN THIS RESOLUTION NUMBER 3781 AND SET IT FOR THE SECOND READING ON NOVEMBER 17, 2020
SO MOVED
IT'S BEEN MOVED
IS THERE A SECOND? SECOND
IT'S BEEN MOVED AND SECONDED
THE MOTION WAS MADE AND SECONDED AND WE'LL GO THROUGH THE ROLL CALL FOR THE VOTE BEGINNING WITH COMMISSIONER FELLEMAN
AYE
THANK YOU
COMMISSIONER CHO
AYE
THANK YOU
COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER BOWMAN
AYE
THANK YOU
COMMISSIONER STEINBREUCK
YES
THANK YOU
THERE ARE FIVE YESES AND ZERO NO'S
THE MOTION PASSES
CLERK HART, PLEASE READ THE NEXT ITEM INTO THE RECORD
THANK YOU
MR PRESIDENT
THIS IS ITEM 10D AUTHORIZATION FOR THE EXECUTIVE DIRECTOR TO ADVERTISE AND EXECUTE A MAJOR WORKS CONSTRUCTION CONTRACT AND TO INCLUDE A PROJECT LABOR AGREEMENT FOR THE REPLACEMENT OF DISTRESSED PAVEMENTS AND SUPPORTING INFRASTRUCTURE FOR THE 2021 PORTION OF THE 2021 TO 2025 AIRFIELD PAVEMENT AND SUPPORTING INFRASTRUCTURE REPLACEMENT PROGRAM AT THE SEATTLE TACOMA INTERNATIONAL AIRPORT
THIS CONSTRUCTION AUTHORIZATION IS FOR 37 MILLION NINE HUNDRED THOUSAND DOLLARS FOR A TOTAL AUTHORIZATION TO DATE OF $51,395,000
THE TOTAL 2021 THROUGH 2025 PROGRAM COST IS $153,500,000
COMMISSIONERS, LAST YEAR YOU AUTHORIZED THE DESIGN AND PREPARATION OF CONSTRUCTION DOCUMENTS FOR OUR AIRFIELD PAVEMENT REPLACEMENT PROGRAM
WE'RE BEFORE YOU TODAY TO REQUEST AN AUTHORIZATION FOR THE MAINTENANCE OF THIS CRITICAL INFRASTRUCTURE TO PROVIDE SAFE AND EFFICIENT CONDITIONS FOR AIRCRAFT OPERATIONS
SINCE THIS BEGINS THE NEXT FIVE YEAR PERIOD, WE THOUGHT IT WAS IMPORTANT TO COME BEFORE YOU TO TALK ABOUT THIS PROGRAM
PRESENTERS ARE CHRIS COULTER, CAPITAL PROJECT MANAGER AND ROBERT KICKOVAS, AIRPORT OPERATIONS DEVELOPMENT MANAGER
CHRIS? GOOD AFTERNOON COMMISSIONERS, STEVE
YES, AS MENTIONED
WE'RE HERE
THIS IS THE FIRST YEAR OF OUR NEW FIVE-YEAR PROGRAM THAT WE'RE ASKING FOR CONSTRUCTION AUTHORIZATION ON
THIS IS A CONTINUATION OF OUR PROGRAMMATIC APPROACH TO REPAIR OLD PAVEMENT AND OTHER SUPPORTING INFRASTRUCTURE AROUND THE AIRFIELD
IF YOU COULD GO TO THE NEXT SLIDE, PLEASE
NEXT SLIDE PLEASE
GREAT
HERE
WE HAVE THE 2021 PROJECT LOCATIONS
LIKE I SAID, THIS IS PROGRAMMATIC SO IT INCORPORATES SEVERAL DISTINCT PROJECTS WITHIN IT EACH YEAR
THE PROJECTS THAT WILL BE PART OF THE 2021 EFFORT WILL BE THE TAXILANE JUST SOUTH OF THE SOUTH SATELLITE AND BETWEEN THE ALASKA MAINTENANCE HANGAR
ALSO, WE WILL BE REPLACING THE PAVEMENT AND UTILITIES AT THE CARGO FOUR FACILITY, WHICH IS USED FOR REMAIN OVERNIGHT PARKING AS WELL AS PRIMARIES OPERATION
AND THEN FINALLY WE'LL ALSO BE REDOING, RESEALING THE JOINTS ON THE OUTBOARD RUNWAY AND TAXIWAY TANGO
NEXT SLIDE PLEASE
AGAIN, HERE'S JUST THE PROJECT SCOPE, REMAINING WORK AREAS
NEXT SLIDE
WE ARE HERE TODAY FOR CONSTRUCTION AUTHORIZATION
AS EXECUTIVE DIRECTOR METRUCK MENTIONED, WE WERE HERE EARLIER FOR DESIGN AUTHORIZATION LAST YEAR
CONSTRUCTION START WOULD BE IN QUARTER 2 OF 2021 AND WE WOULD HAVE AN IN USE STATE FOR THESE PROJECTS OF QUARTER FOUR OF 2021
I'LL ADD SOME BACKGROUND TO THIS
IN ADDITION TO COMING TO YOU FOR PREVIOUS DESIGN AUTHORIZATION FOR THIS WORK, WE ALSO PRESENTED THIS AT AAAC MEETING IN SEPTEMBER OF LAST YEAR, 2019, AND RECEIVED A MAJORITY OF INTEREST BALLOT IN JANUARY OF 2020, THIS YEAR
I WOULD ALSO MENTION THAT THIS WAS INCLUDED AS PART OF THE APRIL 2020 COMMISSION STUDY SESSION ON THE CAPITAL PLAN AND THIS PROJECT WAS INCLUDED AS A PRIORITIZED AVIATION PROJECT IN THAT IT ACCOMPLISHES THE STATED AVIATION GOALS OF MEETING SAFETY, OPERATIONAL CONTINUITY, AND CRITICAL INFRASTRUCTURE NEEDS, AS WELL AS UTILIZING AVAILABLE FEDERAL FAA FUNDING
ADDITIONALLY THE STUDY SESSION PRIORITIZED THIS PROJECT AS MEETING ALL FOUR GUIDING PRINCIPLES OF THE COMMISSION STUDY SESSION, WHICH WAS TO MAXIMIZE ECONOMIC BENEFIT, ENSURE HIGH WMBE UTILIZATION, BENEFIT SMALL BUSINESS, AND ADVANCE ENVIRONMENTAL PROTECTION
NEXT SLIDE PLEASE
AGAIN, OUR PROGRAM BUDGET, OUR OVERALL PROGRAM BUDGET FOR THE FIVE-YEAR PROGRAM IS A HUNDRED AND FIFTY THREE POINT FIVE MILLION
WE'RE HERE TODAY TO ASK FOR AUTHORIZATION FOR THIRTY SEVEN POINT NINE MILLION, WHICH WILL BE FOR CONSTRUCTION JUST FOR THE 2021 SEASON
WE'LL CONTINUE TO RETURN TO YOU EACH YEAR FOR EACH YEAR OF CONSTRUCTION AUTHORIZATION THROUGH 2025
NEXT SLIDE, PLEASE
WE HAVE DONE A LOT OF COMMUNICATION AND OUTREACH TO OUR STAKEHOLDERS AND PARTNERS BOTH AIRLINE SPECIFIC LIKE ALASKA, AIR CARGO STAKEHOLDER MEETINGS, STATION MANAGER MEETINGS, AS WELL AS WITH AIR TRAFFIC, ETC
NEXT SLIDE, PLEASE
MORE COORDINATION AND OUTREACH
WE UNDERSTAND THE IMPACTFUL NATURE OF OUR WORK AND WE'VE BEEN DOING LOTS OF WORK WITH THIS PROJECT TO ENSURE THAT PEOPLE ARE IN THE LOOP ON IT
NEXT SLIDE, PLEASE
I JUST WANT TO BRING UP A COUPLE RISKS FOR THE PROJECT
ONE IS THIS IS AN FAA SPONSORED PROJECT
WE'RE EXPECTED TO RECEIVE 12 MILLION OR MORE DOLLARS IN FAA FUNDING FOR THIS BUT BECAUSE OF THAT WE WILL NEED THEIR APPROVAL TO BID AND CONCURRENCE TO AWARD
WE HAVE ALREADY RECEIVED THAT APPROVAL TO BID AND WHEN IT COMES TIME TO AWARD, WE WILL JUST NEED TO MAKE SURE
I ONLY BRING THIS UP JUST BECAUSE YOU KNOW, SOMETIMES THERE ARE THINGS OUTSIDE OF OUR CONTROL LIKE CERTAIN FAA PROCESSES
OTHER RISK ARE ,YOU KNOW, WE HAVE A LIMITED NUMBER OF GATES WE WANT TO TAKE TAKE OFFLINE FOR CONSTRUCTION
SO THERE'S YOU KNOW, CERTAIN GATES ON THE IAF PROJECT THAT WILL NEED TO BE COMPLETED BEFORE WE START CONSTRUCTION
AND THEN FINALLY OUR BIGGEST RISK TENDS TO BE INCLEMENT WEATHER
AND SO WE WANT TO MAKE SURE THAT WE ARE TARGETING THIS WORK TO AVOID INCLEMENT WEATHER AND FOR THAT REASON WE NEED TO STAY ON SCHEDULE
I ALSO HAVE MY COLLEAGUE FROM OPERATIONS HERE, ROB PHYLLIS
ROB
WOULD YOU LIKE TO ADD ANYTHING THAT I MIGHT HAVE MISSED? THANK YOU, CHRIS AND THANK YOU COMMISSIONERS, MR METRUCK
JUST TO EMPHASIZE A COUPLE OF THINGS THAT CHRIS MENTIONED DURING HIS PRESENTATION
THIS IS YOUR PROGRAMMATIC APPROACH
WE JUST FINISHED THE LAST FIVE YEARS IN 2021, OR WERE FINISHING UP THE LAST FIVE YEARS RIGHT NOW IN 2020 AND 2021 IS THE FIRST OF THE NEXT FIVE YEARS AND IT IS INDEED PROGRAMMATIC
WE DON'T DO ANY ONE YEAR IN A VACUUM
WE LOOK AT HOW ONE YEAR IMPACTS CARRIERS, IMPACTS OUR TENANTS, AND WE TRY NOT TO SCHEDULE TOO MUCH YEAR TO YEAR AROUND THE SAME AREA IMPACTING THE SAME PEOPLE
AND AGAIN THE PAVEMENT THAT WE'RE REPLACING
IT'S NOT JUST RANDOM
IT'S REALLY BASED ON THE AGE OF THE PAVEMENT, THE NEED FOR REPAIR AND ONGOING MAINTENANCE OF THE PAVEMENT, AND THE STRATEGIC VALUE OF THE PAVEMENT
FOR INSTANCE, ON AN IMAGE CHRIS SHOWED EARLIER, IT SHOWED WHERE THE WORK AREA WAS ON THE SOUTH SATELLITE
THAT PAYMENT WAS CONSTRUCTED AT THE SAME TIME AS THE SOUTH SATELLITE
IT WAS BETWEEN 1970 AND 1972 AND DESIGNED WITH THE 20 YEAR DESIGN LIFE
SO YOU CERTAINLY GOT YOUR MONEY'S WORTH OUT OF THAT
CARGO FOUR, THE PAVEMENT UP THERE WAS CONSTRUCTED AGAIN BACK IN 1970
AND THEN THE JOINTS TYPICALLY HAS ABOUT A 10-YEAR LIFE WAS CONSTRUCTED IN THE YEARS LEADING UP TO THE THIRD RUNWAY WHICH OPENED IN 2008
SO EVERYTHING WE'RE DOING OUT THERE IS REALLY DUE
AND THEN I THINK WE HAVE A COUPLE OF SLIDES TALKING ABOUT COORDINATION AND CHRIS DEFINITELY EMPHASIZED THAT
WE CONTINUE TO COORDINATE WITH OUR CUSTOMERS AND OUR PARTNERS
A LOT OF COORDINATION WITH ALASKA AIRLINES BECAUSE THIS PROJECT WILL IMPACT ACCESS TO THEIR HANGERS
SIMILAR WITH PRIME AIR
CARGO FOUR IS WHERE THEY CONDUCT THEIR OPERATIONS UP THERE AND AS ANYONE KNOWS, THERE'S A BIG INCREASE IN AIR CARGO ACTIVITY WITH THE PANDEMIC
SO WE'RE DEFINITELY COORDINATING WITH THEM AND IMPACTS TO THEIR OPERATIONS
AND WE DO CONTINUE TO COORDINATE GATE OUTAGES WITH OUR GATE SCHEDULING TEAM AND WITH OTHER PROJECTS AS CHRIS MENTIONED THAT ARE ALSO IMPACTING GATES BECAUSE THERE'S ONLY SO MANY GATES YOU CAN TAKE OUT A ONCE
AND OF COURSE, WE ARE ALWAYS IN COORDINATION AND DISCUSSIONS WITH THE FAA, THE FAA WITH RUNWAY AND TAXIWAY IMPACTS
THAT'S REALLY IT
JUST WANT TO EMPHASIZE THOSE THINGS AND WE'LL BE HAPPY TO ANSWER ANY QUESTIONS
OKAY, LET'S UNMUTE COMMISSIONERS AND THANK YOU PRESENTERS
I'LL RUN THROUGH THE ROLL CALL FOR QUESTIONS OR COMMENTS BEGINNING WITH COMMISSIONER FELLEMAN
NO QUESTIONS AT THIS TIME
THANK YOU
COMMISSIONER CHO
NO QUESTIONS
THANK COMMISSIONER CALKINS
NONE FOR ME
THANK YOU
COMMISSIONER BOWMAN
I DON'T HAVE ANY QUESTIONS, BUT I JUST WANT TO COMPLIMENT ROBERT ON THE PRESENTATION
THANK YOU SO MUCH
I KNOW THAT YOU'VE BEEN WAITING A LONG TIME TODAY, IT'S A LONG MEETING
AND I WANT YOU TO KNOW THAT WE WERE PAYING CLOSE ATTENTION
YOU GUYS HAVE DONE A GREAT JOB ON THIS AND IT'S JUST SORT OF THE BREAD AND BUTTER OF WHAT WE DO
SO THANK YOU FOR YOUR WORK
THANK YOU
THANK YOU
THANK YOU COMMISSIONER BOWMAN
COMMISSIONER STEINBREUCK
WELL, YES, AND I THINK WE RECOGNIZE IN THE REVIEW OF THE AGENDA FOR TODAY THE IMPORTANCE OF THIS PROJECT, ITS IMPORTANCE TO THE AIRPORT, TO AIR SAFETY, AND TO CAPITAL MAINTENANCE THAT IS NEEDED, AND THE VALUE OF THIS SO THAT'S WHY WE MADE THIS OPPORTUNITY TO HEAR THE DETAILS OF THIS VERY IMPORTANT PROJECT
SO THANKS TO STAFF AND FOR YOUR WORK ON THIS AND PRESENTERS
OKAY, ARE THERE ANY ADDITIONAL QUESTIONS FROM COMMISSIONERS? I DON'T SEE ANY HANDS UP AT THIS TIME
I WOULD ENTERTAIN A MOTION AND A SECOND TO APPROVE ITEM 10D
SO MOVED
IS THERE A SECOND? I THINK I HEARD A SQUEAKY SECOND
I'LL SECOND
OKAY, THANK YOU
OKAY, THE MOTION WAS MADE AND SECONDED
WE'LL GO AHEAD AND GO THROUGH THE ROLL
COMMISSIONER FELLEMAN
AYE
THANK YOU COMMISSIONER CHO
AYE
THANK YOU
COMMISSIONER CALKINS
AYE
THANK YOU
COMMISSIONER BOWMAN
AYE
THANK YOU COMMISSIONER STEINBREUCK
YES
THANK YOU
THERE ARE FIVE YESES
EXCELLENCE
THE MOTION PASSES
THANK YOU AGAIN
WE CAN NOW MOVE ON TO ITEM NUMBER 11
CLERK, PLEASE READ THE NEXT ITEM INTO THE RECORD
THANK YOU
MR PRESIDENT
THIS IS ITEM 11A, THIS IS QUARTER 3 2020 FINANCIAL PERFORMANCE BRIEFING
COMMISSIONERS, EARLIER YOU HEARD ABOUT MY PROPOSED 2021 BUDGET AND PLAN A FINANCE
NOW YOU'LL HEAR ABOUT HOW WE PERFORMED AGAINST OUR REVISED BUDGET ASSUMPTIONS MADE AT THE ONSET OF THE PANDEMIC AND HOW THIS PERFORMANCE FACTORS INTO OUR PLANNING
MOST NOTABLE IN THIS PRESENTATION IS THAT OUR EXPENSES ARE TRENDING BELOW OUR REVISED BUDGET, WHICH IS GOOD NEWS IF YOU'RE TRYING TO MEET A REVISED BUDGET
THE PRESENTERS, I'M GOING TO START AND TURN IT OVER TO DAN THOMAS AND I THINK WE HAVE A NUMBER OF PRESENTERS HERE AND HE'LL IN TURN INTRODUCED THEM AS WE GO THROUGH
SO CHIEF FINANCIAL, DAN THOMAS
DAN
THANK YOU STEVE, AGAIN
AND YEAH, WE'RE GOING TO TURN RIGHT TO BORGEN ANDERSON
WE'RE GOING TO BEGIN WITH AVIATION AND THEN WORK THROUGH THE REST OF THE DIVISIONS AND FINISH UP WITH A PORT WIDE SUMMARY
SO BORGEN, ARE YOU THERE? I AM
THANK YOU, DAN
MOVE ON TO THE NEXT SLIDE, PLEASE
SO EARLIER I TALKED ABOUT HOW WE HAVE BETTER THAN EXPECTED FINANCIAL RESULTS FOR THE THIRD QUARTER AND THAT IS LEADING US TO CHANGE OUR PLANNING A LITTLE BIT ON THE CARES GRANT
SO I WANT TO TRY TO WALK YOU THROUGH THAT GIVEN THAT THE FIRST COUPLE LINE ITEMS ARE BIG NEGATIVE VARIANCES REMINDING YOU AGAIN THAT WHERE WE WERE WHEN WE SET THE REVISED BUDGET
AT THAT POINT TIME IN TIME WE DID NOT HAVE A REALLY GOOD HANDLE ON WHAT THE CARES GRANTS WERE GOING TO LOOK LIKE AND HOW WE COULD USE THEM
SO AS YOU CAN SEE THE REVISED BUDGET MATCHES THE APPROVED BUDGET
WE DID NOT CHANGE THE AERONAUTICAL BUDGET AT ALL ON THE REVENUE SIDE
ON THE NON AERONAUTICAL SIDE, WHEN WE SET THE REVISED BUDGET, WE WERE ASSUMING A FIFTY ONE PERCENT DROP IN PASSENGERS FOR THE YEAR
AND WE SUBSEQUENTLY UPDATED THAT TO BE DOWN 61 PERCENT
AND THE PRIMARY DIFFERENCE IS THAT THE 51 PERCENT DROP SCENARIO ASSUMED A FOURTH-QUARTER RECOVERY THAT WE'RE REALLY NOT ASSUMING RIGHT NOW
AND SO IF WE WERE TO LOOK AT THE YEAR-TO-DATE NUMBERS, WHICH YOU'LL SEE IN SUBSEQUENT SLIDES IN THE APPENDIX, YOU'LL SEE THAT ON THE NON AERONAUTICAL SIDE, WE'RE ACTUALLY TRACKING VERY CLOSE TO THE REVISED BUDGET THROUGH THE THIRD QUARTER, BUT FROM A FORECAST STANDPOINT, WE'RE EXPECTING TO BE BELOW AND THAT'S BECAUSE THE FOURTH QUARTER IS THE BIGGEST DIFFERENCE IN THE ENPLANEMENT FORECAST
BUT WHAT WE ARE SEEING AND WHAT I'D LIKE TO EMPHASIZE IS THAT WHEN WE SET THAT REVISED, EXCUSE ME, WHEN WE SET THE BUDGET, EXCUSE ME, THAT WHEN WE UPDATED OUR NON AERONAUTICAL FORECAST ALIGNED WITH THE 61% PASSENGER DROP SCENARIO, WE WERE ASSUMING REVENUES OF A HUNDRED AND THIRTEEN MILLION AND WE'RE NOW FORECASTING A HUNDRED AND EIGHTEEN MILLION
SO THAT'S THE BETTER-THAN-EXPECTED RESULTS THAT I WAS REFERRING TO EARLIER
ON THE EXPENSE SIDE, WE ARE WELL BELOW AND THERE'S A NUMBER OF AREAS, BUT PRIMARILY WE'VE GOT SOME SIGNIFICANT SAVINGS IN UTILITIES AND WE REALIZED SOME SAVINGS IN OUR ENVIRONMENTAL REMEDIATION LIABILITY EXPENSE AS WELL, SO WE EXPECT TO COME IN WELL BELOW THE REVISED BUDGET
THE KEY MEASURES THOUGH THAT I'D LIKE TO POINT OUT ARE THE DEBT SERVICE COVERAGE WHICH YOU CAN SEE IN THE SECOND BOX OF 135 AND THE CASH BALANCE, OR THE ADF BALANCE, ESTIMATED AT 280 MILLION DOLLARS AND BOTH OF THOSE ARE WELL ABOVE WHAT WE WERE EXPECTING EARLIER AND THAT'S WHAT GIVES US SOME COMFORT IN MOVING SOME SMALL AMOUNT OF CARES GRANT MONEY 4.7 MILLION INTO 2021
AND WE CAN DO THAT WITHOUT IMPACTING THE AIRLINE DEFICIT
WHEN WE PRESENTED OUR Q2 RESULTS, WE WERE EXPECTING A YEAR-END DEFICIT WITH THE AIRLINE'S 25 MILLION DOLLARS
MEANING THEY WOULD OWE US
WE UPDATED THAT FORECAST IN AUGUST IS A PART OF THE BUDGET THAT WAS REDUCED TO 5 MILLION AND NOW IT'S DOWN TO LESS THAN 1 MILLION
SO WE'VE ESSENTIALLY ADDRESSED THE AIRLINE'S PRIMARY CONCERN OF ADDRESSING THE YEAR-END DEFICIT AND THAT ALLOWED US THE ABILITY TO PUSH SOME OF THE CARES MONEY INTO 2021 TO REDUCE THE LANDING FEE NEXT YEAR AS I HAD SAID BEFORE WITHOUT REALLY IMPACTING OUR RESULTS THIS YEAR TOO MUCH
SO THOSE ARE THE HIGHLIGHTS FOR THE AIRPORT, AND I'D BE HAPPY TO ANSWER QUESTIONS OR TURN IT OVER TO KELLY WHO I THINK IS COMING NEXT
PAUSE FOR QUESTIONS COMMISSIONERS? OKAY, LET'S CONTINUE
I HAVE A QUESTION
I JUST THOUGHT THAT YOU WERE DOING ROLL CALL
YES
I'M SORRY
I JUST DIDN'T SEE ANY HANDS UP THOUGH
LET'S DO ROLL CALL AT THIS POINT
WOULD YOU LIKE ME TO GO THROUGH THE FULL ROLL? YES PLEASE, THANK YOU
BEGINNING WITH COMMISSIONER FELLEMAN
NOT AT THIS TIME
THANK YOU
THANK YOU
COMMISSIONER CHO
NO, THANKS
THANK YOU
COMMISSIONER CALKINS
NONE AT THIS TIME
THANK YOU
COMMISSIONER BOWMAN
HI BORGEN, COULD YOU GIVE SOME ILLUMINATION TO WHAT YOU MIGHT SPEND THE 33 MILLION ON OF THE CARES ACT NEXT YEAR? WHAT DO YOU THINK ABOUT THAT? SO IT'S 33
WE'RE ACTUALLY GOING TO INCREASE IT BY 4.7 BUT THE FOCUS IS GOING TO BE ON DEBT SERVICE
AND FOR THE PUBLIC CAN YOU ILLUMINATE WHY THAT'S IMPORTANT
WELL THAT'S IMPORTANT BECAUSE UM, IF WE USED THE CARES MONEY TO PAY DEBT SERVICE WE KEEP THOSE COSTS OUT OF THE AIRLINE RATE BASE
AND SO IT REDUCES WHAT THE AIRLINE'S OWE US AND THAT ALLOWS US TO MODERATE THE RATE INCREASES BECAUSE FOR NEXT YEAR, WE'RE STILL EXPECTING PASSENGER TRAFFIC TO BE DOWN 30% AND THAT'S STILL A BIG DROP IN VOLUME AND MANY OF OUR RATES ARE BASED ON SORT OF VOLUME METRICS LIKE LANDED WEIGHT DRIVES THE LANDING FEE, OR THE NUMBER OF INTERNATIONAL ARRIVING PASSENGERS DRIVES THE FEDERAL INSPECTION SERVICES RATE THAT IS PAID BY THE AIRLINE'S FOR INTERNATIONAL ARRIVALS
AND BOTH OF THOSE RATES ARE SEVERELY IMPACTED BY THE DROP IN ACTIVITY AND THE ABILITY TO USE CARES MONEY TO MODERATE THOSE RATE INCREASES IS EXTREMELY IMPORTANT
THANKS BORGEN, I JUST WANT TO JUST TO MAKE SURE THAT THE PUBLIC, WHOEVER MIGHT STILL BE LISTENING, UNDERSTANDS WHY WE WOULD DO THAT AND FOR THE RECORD, I AGREE WITH THAT STRATEGY
I WOULD ASK HOWEVER FOR THE STAFF TO CONSIDER THAT IF WE NOW ARE AT
SO ABOUT THIRTY SEVEN POINT FIVE MILLION? IS THAT WHAT I'M HEARING? IN RESERVES FROM THE CARE ACT
YOU SAID ADDITIONAL 4.5? SORRY FOR RESERVE ON? I'M SORRY, YOU'RE GOING TO RESERVE 33 MILLION
BUT YOU SAID NOW IT'S AN ADDITIONAL? FOR THE CARES FOR NEXT YEAR
YES
YEAH, SO I'D ASK THE STAFF TO CONSIDER WHETHER WE COULD SET A SMALL PORTION OF THAT THREE FOUR MILLION ASIDE INTO A FUND TO THINK ABOUT WHETHER, TO BE ABLE TO USE, IF WE NEED IT, FOR CONTINUED SUPPORT OF OUR ADR TENANTS IF THE NEED ARISES SO THAT YOU ALL DON'T HAVE TO FIGURE OUT HOW TO DO THAT
IT'S A SMALL AMOUNT OF MONEY
YOU KNOW, AGAIN, I JUST ASKED YOU ALL TO THINK ABOUT IT AND MAYBE GET BACK TO US ABOUT WHAT THAT WOULD LOOK LIKE? AGAIN, THE CARES MONEY CAN ONLY BE USED TO REIMBURSE COSTS THAT WE HAVE INCURRED
SO THERE ARE SOME LIMITATIONS ON WHAT WE CAN DO WITH IT, BUT WE'LL TAKE YOUR YOUR RECOMMENDATION AND SEE IF WE CAN THINK OF SOMETHING THAT WOULD ADDRESS THE NEED
OKAY
THANK YOU
ALL RIGHT
I HAVE NO QUESTIONS AT THIS TIME
WE CAN CONTINUE WITH THE PRESENTATION
OKAY
WE'LL MOVE ON THE KELLY
GOOD AFTERNOON, COMMISSIONERS HERE IS A ROLLUP OF THE NON-AVIATION FORECASTS
REVENUES ARE BELOW OUR REVISED BUDGET FOR ECONOMIC DEVELOPMENT AND MARITIME DUE TO COVID-19 HAVING A DEEPER IMPACT TO CRUISE AND CONFERENCE AND EVENT CENTER THAN WE ANTICIPATED LAST SPRING ALONG WITH LOWER CONTAINER VOLUMES AT THE SEAPORT ALLIANCE
THESE WERE PARTIALLY OFFSET BY SOME VARIABLE COST SAVINGS
OVERALL NET OPERATING INCOME IS LOWER THAN WHAT WE BUDGETED BUT IN LINE WITH FUNDING SCENARIOS WE PRESENTED THIS SUMMER THAT ARE DRIVING OUR CIP
THE STORMWATER UTILITY YOU CAN SEE HERE IS REVENUES ARE COMING IN ABOUT FLAT TO BUDGET AND OUR EXPENSES ARE BELOW PRIMARILY DUE TO SOME OF THOSE COST CUTTING SAVINGS THAT WE'VE HAD THIS YEAR
NEXT SLIDE
HERE'S THE SUMMARY FOR THE MARITIME DIVISION
YOU CAN SEE THAT REVENUES ARE COMING IN A LITTLE BELOW BUDGET LIKE WE HAD MENTIONED
MOST OF THAT'S DUE TO NO RETURN OF THE CRUISE BUSINESS
WE HAD ANTICIPATED THEY WOULD COME IN AROUND LATE AUGUST, BUT THE SEASON GOT CANCELLED FOR THE YEAR
THE FISHING COMMERCIAL AND RECREATIONAL MARINAS IN THE LEASING PORTFOLIO ARE SEEING LIMITED IMPACT AND THEN THE GRAIN TERMINAL IS ACTUALLY DOING BETTER THAN WE THOUGHT DUE TO HIGHER DEMAND FOR FEEDSTOCK PRIMARILY FROM CHINA AND NORTHEAST ASIA
ALSO, WE HAD THE ELIMINATION OF THE PORT VALET AND FURTHER CUTS IN CENTRAL SERVICES, WHICH REALLY REDUCED OUR OPERATING EXPENSES
SO NET, THE MARITIME DIVISION IS FORECAST TO COME IN RIGHT ABOUT ON TRACK TO THE NOI WE HAD IN THE REVISED BUDGET
FOR CAPITAL TERMINAL 117, RESTORATION IS PLANNED TO COME
A LOT MORE OF THOSE COSTS WERE PUSH FORWARD THIS YEAR THAT'S WHY OUR CAPITAL FORECAST IS SLIGHTLY AHEAD OF WHAT OUR REVISED BUDGET WAS
AND ONE MAJOR SUCCESS THAT WE'VE HAD THIS YEAR WAS, AND IT SHOWS UP IN OUR NON-OPERATING INCOME, WAS THAT WE RECOVERED ABOUT TWENTY SEVEN POINT FOUR MILLION DOLLARS YEAR TO DATE IN COST RECOVERY FOR ENVIRONMENTAL REMEDIATION LIABILITY AND IT SHOWS UP IN NON-OPERATING INCOME
NEXT SLIDE
COMMISSION STEINBREUCK
CAN I JUST ASK A MARITIME QUESTION? SURE
SO THE ONE THING I'VE COME TO LEARN AND IT'S NO MYSTERY IS THAT GRAIN IS SEASONAL AND SO THIRD QUARTER, THIS WAS A GOOD MONTHS FOR GRAIN AND I THINK RIGHT NOW WE ARE SUPPOSEDLY GOING TO BE
LIKE THERE'S A GRAIN SHIP ANCHORED OFF OF OUR 86 RIGHT NOW, BUT THIS IS A PERIOD OF TIME WHEN PRODUCT IS COMING TO MARKET
AND SO JUST IN TERMS OF LOOKING IT AS A TREND, IT'S MORE CYCLIC
THAT'S ALL
ONE OF THE THINGS THAT WE WERE INFORMED OF BY LOUIS DREYFUS WAS THAT BRAZIL AND SOME OF THE OTHER COUNTRIES THEY WERE LOOKING FOR TO GIVE THEM MORE FEEDSTOCK WERE UNABLE TO MEET THE SUPPLY
SO THAT IS ONE OF THE REASONS WHY WE'VE KIND OF PICKED BACK UP IN LIEU OF THE TARIFFS
BUT YEAH, YOU WERE RIGHT, I REMEMBER YOU SAYING IN SEPTEMBER YOU SAW A LOT OF SHIPS OUT THERE, AND THAT ACTUALLY CAME IN AND SEPTEMBER REVENUE
SO IN FACT, THE COAST GUARD IS CONCERNED ABOUT HAVING ENOUGH ANCHORAGE, AND SO I DON'T THINK THAT'S BEEN A PROBLEM YET, BUT IT IS A KNOWN CHALLENGE
SO, THANK YOU
OKAY, AND THEN THE NEXT SLIDE WE HAVE HERE IS THE ECONOMIC DEVELOPMENT DIVISION
YOU CAN SEE THE BIG DRIVER HERE IS THE CONFERENCE AND EVENT CENTER
IT IS DRIVING THAT 5.6 MILLION DOLLAR VARIANCE TO REVISED BUDGET REVENUE
AGAIN, THIS ONE WE HAD A LITTLE DEEPER CUTS THAN WE ANTICIPATED WHEN WE BUILT THIS IN THE MARCH/APRIL TIMEFRAME
ON THE FLIP SIDE YOU CAN SEE SEE ON THE THE OPERATING EXPENSES ARE SIGNIFICANTLY BELOW BUDGET
AND THIS ONE, THE NOI IS, WE'RE LOOKING TO COME IN RIGHT ABOUT ON TARGET TO BUDGET MAYBE A LITTLE BELOW BUT PRETTY DARN CLOSE TO BUDGET
AND OUR CAPITAL SPENDING, AGAIN, IS WE'RE COMING IN RIGHT ON TARGET AS WELL HERE
I'M SORRY, ONE MORE TIME
WASN'T THERE A RESERVE IN THE ECONOMIC DEVELOPMENT BUDGET FOR POTENTIAL REAL ESTATE ACQUISITIONS? I'M SORRY ABOUT THIS PHONE SITUATION
ON A OPPORTUNISTIC BASIS? THAT WE DON'T HAVE THAT RESERVE AT THIS TIME
SOME OF THOSE
WE DO HAVE THE RESERVE AND WE'VE ALSO GOT A CASH FLOW ADJUSTMENT
THERE'S A FEW MOVING PIECES IN THERE AND I CAN ELABORATE ON A LITTLE FURTHER
BUT BUT MOST OF THE RESERVE WE PUT OUT ON THERE IS IN THE FUTURE BECAUSE WE TYPICALLY DON'T
WE TYPICALLY AREN'T GOING TO BUY A PROPERTY IN THE SAME YEAR
SO SOME OF THE RESERVE WE HAVE IS BUILT FOR THAT
BUT IN THE GIVEN YEAR WHEN WE DO THE BUDGET WE'RE LOOKING MOSTLY AT PROJECTS THAT WE'RE ANTICIPATING TO SPEND IN THAT GIVEN YEAR
SO IT IS IN THE CIP SOMETIMES BUT NOT NECESSARILY IN THE GIVEN YEAR BUDGET DAVE CAN ELABORATE
I CAN DO THAT
COMMISSIONER FELLEMAN, EARLIER IN THIS YEAR WHEN WE'RE PUTTING OUR INITIAL CIP TOGETHER WE DID HAVE A RESERVE THAT WAS KIND OF EARMARKED HOPEFULLY FOR ACQUISITIONS
THAT WAS WHEN WE HAD A CIP FORECAST OF OVER 500 MILLION AND SINCE THAT IS NOW DROPPED TO ABOUT 300 MILLION WE'VE HAD TO POSTPONE THAT AND WE ALSO HAD TO REDUCE OUR RESERVE SIGNIFICANTLY AS WELL
I JUST WANT TO COMMEND THE STAFF FOR ALL THE BELT-TIGHTENING WE'VE HAD TO DO THROUGHOUT THIS PERIOD
I JUST WANT TO ALSO RECOGNIZE THE FACT THAT THE ORGANIZATION HAS, YOU KNOW, LESS MEAT ON THE BONE
I HAVE A QUESTION, IF I MIGHT? DO YOU WANT TO DO ROLL CALL? WHY DON'T WE GO THROUGH ROLL CALL? OKAY, GREAT
SO NEXT WE WILL GO TO COMMISSIONER CHO FOR ANY QUESTIONS
MR CHO
I DON'T KNOW IF HE'S STILL WITH US
WE'LL GO TO COMMISSIONER CALKINS THEN
I'M WONDERING WITH KELLY ON HERE, KELLY WHAT HAPPENS IF NEXT YEAR ONE OF OUR LINES OF BUSINESS SAY CRUISE DOES SIGNIFICANTLY BETTER THAN WE ANTICIPATE? HOW MUCH ADDITIONAL
I KNOW WE BUDGETED AT 25% OF 2019 REVENUES
LET'S SAY WE HIT 50%
HOW DOES THAT IMPACT OUR OVERALL BUDGET? AT 50% IT WOULD ROUGHLY, I MEAN OFF THE TOP OF MY HEAD IT'S GOING TO BE ROUGHLY AN ADDITIONAL, FIVE, SIX MILLION DOLLARS
WE BUDGETED ABOUT 25%
AND I'D SAY OFF THE TOP MY HEAD FOUR TO FIVE MILLION DOLLARS
WE'VE GOT A LOT OF BUSINESS BOOKED FOR NEXT YEAR, BUT WE'RE ANTICIPATING A LOT OF, YOU KNOW, WITH COVID MOVING THAT WE ARE LIKELY TO GET IT, YOU KNOW, SOME CANCELLATIONS ON THAT AS WELL
AND I KNOW STEPHANIE'S ON HERE I DON'T KNOW IF SHE WANTS TO
SO WE DO HAVE, IN TERMS OF SCHEDULED CALLS NEXT YEAR, IT WOULD BE A RECORD BREAKING YEAR
BUT OF COURSE WE ANTICIPATE, WHAT WE'RE PLANNING ON FROM A FINANCIAL PERSPECTIVE IS A QUARTER OF THE BUDGET
SO I THINK I'D AGREE WITH KELLY
IT'S PROBABLY ABOUT FIVE OR SIX ADDITIONAL MILLION DOLLARS IN REVENUE IF WE WERE TO GET FIFTY PERCENT INSTEAD OF 25% BUT WE WOULD HAVE SOME ADDITIONAL COSTS AS WELL BECAUSE THERE ARE FOR INSTANCE SOME COSTS AROUND PORT VALET AND OTHER OPERATING COSTS
SO IT WOULDN'T JUST BE ALL UPSIDE
BUT I THINK IT WOULD BE A SIGNIFICANT IMPROVEMENT
AND WE DID CONSCIOUSLY BUDGET VERY CONSERVATIVELY FOR NEXT YEAR FIGURING THAT IT WOULD BE EASIER FOR US
IF WE WERE TO FIND THAT WE WERE IN A BETTER FINANCIAL SITUATION TO ADD THINGS BACK THEN TO KEEP KIND OF INCREMENTALLY CUTTING AWAY AT THINGS
AND IT IS A HIGH MARGIN BUSINESS SO I'D SAY YOU'RE LOOKING AT COST TRAILING ABOUT 25% OF THAT, YOU KNOW, COMING WITH COST INCREASES GIVE OR TAKE A LITTLE BIT
AND SO WE'RE NOT DOING ANYTHING
BY WRITING A BUDGET THAT ANTICIPATES 25% OF 2019, WE'RE NOT DOING ANYTHING THAT'S GOING TO IMPAIR OUR ABILITY TO MEET 50 OR 75 OR EVEN A HUNDRED PERCENT OF 2019 NUMBERS SHOULD SAY THIS PFIZER VACCINE BE WIDELY DISTRIBUTED BY APRIL 1ST, AND THEREFORE PEOPLE BEING ABLE TO TRAVEL WITH CONFIDENCE? I SHOULD BE CLEAR THAT FROM OUR FINANCIAL PERSPECTIVE
WE'RE PLANNING ON 25% BUT FROM AN OPERATIONAL PERSPECTIVE, WE ARE PLANNING TO BE READY FOR WHAT COMES
SO YEAH, ABSOLUTELY
THANK YOU
OKAY, GREAT
THANK YOU
AND WE ARE HOPING THAT IT'S BETTER THAN 25% OBVIOUSLY
THANK YOU
MOVING TO COMMISSIONER BOWMAN
THANK YOU
THIS IS PROBABLY MORE OF A QUESTION FOR DAVE MCFADDEN AND DAVE YOU CAN GET BACK TO ME ABOUT IT
BUT COULD YOU GET FROM THE BELLE HARBOR CONFERENCE CENTER A LIST OF THEIR PROJECTED CONFERENCES FOR NEXT YEAR? AND THE REASON I'M ASKING, I KNOW THAT WE WERE MORE OPTIMISTIC EVEN JUST I THINK TWO MONTHS AGO, BUT AS I CONTINUED TO SEE CONFERENCES CANCEL
CONFERENCES HAVE TO BE PLANNED A YEAR IN ADVANCE
AND SO I'D JUST BE CURIOUS AS TO WHAT THEIR CURRENT THINKING IS IN TERMS OF EVENTS COMING BACK
YOU KNOW, EVEN AGAIN, I APPRECIATE THAT EVEN IF WE WERE TO GET A VACCINE THE VACCINE WAS WIDELY DISTRIBUTED BY APRIL 1ST, THAT'S NOT LIKELY EARLY ENOUGH TO BRING BACK CONFERENCES GIVEN THE LONG LEAD TIME THAT EVENTS LIKE THAT TAKE
SO I JUST WOULD LIKE TO GET A BETTER UNDERSTANDING OF WHAT THE CONFERENCE CENTER IS REALISTICALLY PROJECTING FOR NEXT YEAR
DULY NOTED COMMISSIONER
AND I WILL GO AND GET THAT DETAIL AND SHARE BACK WITH YOU ALL
THANK YOU SO MUCH
THANK YOU COMMISSIONER BOWMAN
AND THEN GOING BACK TO COMMISSIONER CHO
YA SORRY ABOUT EARLIER
I DON'T HAVE ANY FURTHER QUESTIONS
THANKS
THANK YOU
AND THE COMMISSIONER STEINBREUCK, I SEE COMMISSIONER FELLEMAN'S HAND UP
SO I HAVE NO QUESTIONS
I'M SORRY
I'M PUTTING MY HAND DOWN NOW
OKAY, AND I HAVE NO QUESTION
AND WE I THINK WE HAVE SOME ADDITIONAL PRESENTATION TO CONTINUE WITH
YES
WE'LL MOVE ON NOW TO MICHAEL TONG WHO WILL COVER CENTRAL SERVICES
THANK YOU
GOOD AFTERNOON AGAIN
FOR CENTRAL SERVICES WE ARE FORECASTING A 2.4 MILLION FAVORABLE BUDGET VARIANCE ON THE OPERATING REVENUES DUE TO UNBUDGETED FORFEITURES REVENUE FROM THE POLICE DEPARTMENT
ON THE EXPENSES SIDE WE ARE FORECASTING A 1.6 MILLION FAVORABLE VARIANCE FOR CALL CENTERS, SUPPORT SERVICES
AND ANOTHER 1.2 MILLION FROM THE POLICE DEPARTMENT COMPARED TO THE REVISED BUDGET
MAINLY DUE TO THE PAYROLL SAVING AND OTHER DISCRETIONARY BUDGET SAVINGS
FOR CAPITAL DEVELOPMENT WHICH INCLUDES ENGINEERING DEPARTMENT AND PORT CONSTRUCTION SERVICES, WE EXPECT 194,000 OVER THE REVISED BUDGET MAINLY DUE TO LESS CHARGES TO THE CAPITAL PROJECT AND PLANTED
ENVIRONMENTAL AND SUSTAINABILITY, WE EXPECT TO BE A LITTLE BIT OVER BUDGET BY 74,000 MAINLY DUE TO A SERRATIONS OF THE SAM ENVIRONMENTAL ANALYSIS AS WELL AS THE COUPLE UNPLANNED OUTSIDE SERVICES
SO OVERALL WE ARE FORECASTING A 2.6 MILLION FAVORABLE BUDGET VARIANCE COMPARED TO THE REVISED BUDGET
THAT'S AFTER WE HAVE SOMETHING ANOTHER ESTIMATED 2.5 MILLION FOR AN UNANTICIPATED LEGAL EXPENSES FOR THIS YEAR
ON THE LEFT HAND SIDE IS SEVERAL KEY BUSINESS HIGHLIGHTS
YOU CAN FIND MORE FROM THE WRITTEN REPORT IN YOUR PACKAGE
I WANT TO COMMENT ON A COUPLE HERE
WE GOT THE ACE FUND GRAND TO NINE NONPROFIT ORGANIZATIONS AND SOME OF YOU PARTICIPATED IN THE GROUNDBREAKING CEREMONIES FOR THE T 117 HABIT RESTORATION PROJECT
THEN ALSO NUMBER OF YOU AND SOME OF THE EXECUTIVE TEAM MEMBERS WILL DELIVER THE PORT OF SEATTLE 38 CITY PRESENTATION TO SEVERAL ROTARIES, CHAMBER COMMERCE, AND SOUTH CITY ASSOCIATION
LAST BUT NOT LEAST, THE PORT IMPLEMENTED SECURITY CHANGES TO ACHIEVE FULL COMPLIANCE FOR THE PCI
SO THAT'S THAT
DON'T KNOW IF WE HAVE ANY OTHER QUESTIONS
OTHERWISE I CAN TURN IT OVER TO DAN
LET'S PAUSE AND TAKE A ROLL CALL ON COMMISSIONERS
STARTING WITH COMMISSIONER FELLEMAN
NOT AT THIS TIME
THANK YOU
COMMISSIONER CHO
I'M GOOD
THANK YOU
COMMISSIONER CALKINS
NONE FOR ME
THANK YOU
COMMISSIONER BOWMAN
NO QUESTIONS
THANK YOU
THANK YOU
COMMISSIONER STEINBREUCK
NO QUESTIONS
OKAY THEN ROLLING ALL THESE RESULTS UP FOR A PORT WIDE LOOK
AGAIN
I'LL BE VERY BRIEF
SO THIS IS JUST PULLING TOGETHER ALL THE INFORMATION
WHILE AGAIN ON THE REVENUE SIDE, YOU KNOW, ON THE SURFACE IT APPEARS THAT OUR REVENUES ARE WELL BELOW OUR REVISED BUDGET FOR THE YEAR BY ROUGHLY A HUNDRED AND THIRTY-THREE MILLION, THAT'S LARGELY DUE AS YOU HEARD EARLIER FROM BORGEN ON THE AIRPORT SIDE BECAUSE WHEN THEY DID THE REVISED BUDGET, THEY HADN'T FULLY TAKEN INTO ACCOUNT THE THE EFFECTS OF THE CARES ACT GRANT ON AERONAUTICAL REVENUE SO THEY DID NOT REVISE THEIR NAUTICAL REVENUES
THAT SINCE CHANGED AND ALSO IN THE NON AERONAUTICAL SIDE INITIALLY THEY WERE USING THE 51 PERCENT OR 50 PERCENT OR SO ENPLANEMENT DROP WHICH IS NOW
WE'RE NOW USING THE 61%
SO BASED ON OUR MORE CURRENT ASSUMPTIONS, WE'RE ACTUALLY PERFORMING PRETTY WELL AGAINST THOSE
BUT THEN MORE IMPORTANTLY AS WE'VE TALKED ABOUT BELT-TIGHTENING, AS YOU KNOW, WE DID CUT EXPENSES SIGNIFICANTLY THIS YEAR IN THE REVISED BUDGET
AND THE GOOD NEWS IS, OVERALL, PORT WIDE, WE'RE STILL COMING IN EVEN, ABOUT 19 MILLION DOLLARS BELOW EVEN THE REVISED BUDGET
SO SPENDING MUCH LESS THAN WE HAD PLANNED AS WE REVISED OUR BUDGET
SO OVERALL WE FEEL LIKE, YOU KNOW, DESPITE THE CHALLENGES OF THIS YEAR, WE THINK WE'RE PERFORMING FAIRLY WELL AGAINST OUR REVISED PLANS
AND HOPEFULLY WE'LL WIND UP THE YEAR-END WITH RESULTS THAT ARE CONSISTENT WITH THESE
WE DID KEEP THIS PRESENTATION BRIEF ONLY A FEW SLIDES, BUT JUST WANT TO MAKE SURE YOU'RE AWARE THERE'S A LOT MORE DETAIL ON THE APPENDIX FOR YOUR REFERENCE
AND WITH THAT WOULD BE HAPPY TO TAKE ANY MORE QUESTIONS
OKAY
ROLL CALL
BEGINNING WITH COMMISSIONER FELLEMAN
I WOULD JUST LIKE TO THANK YOU AGAIN AND YOUR DEXTERITY AND SPEED WITH WHICH YOU'RE ABLE TO ADJUST TO THIS CHANGING TIMES AND HOPEFULLY WE WILL GET A LITTLE BIT MORE CERTAINTY INTO THE FUTURE
BUT THANK YOU VERY MUCH FOR THE PRESENTATION
MOVING TO COMMISSIONER CHO
I WANT TO ECHO THOSE SENTIMENTS AND JUST COMPLIMENT EVERYONE ON THEIR SUCCESS IN THESE UNCERTAIN TIMES
I THINK HISTORY WILL SHOW THAT WE WERE PRETTY GOOD ABOUT GETTING THROUGH THIS PANDEMIC
KNOCK ON WOOD
SO, THANK YOU
COMMISSIONER CALKINS
I RECALL BACK IN MARCH WHEN WE REALLY BEGAN TO DIG INTO WHAT A BUDGET WOULD LOOK LIKE IN A PANDEMIC AND DAN YOU AND YOUR TEAM HAVE DONE EXTRAORDINARY WORK IN PROVIDING US NUMBERS TO MAKE GOOD DECISIONS THROUGHOUT AND SO I FEEL VERY CONFIDENT THAT WE'VE CREATED A BUDGET FOR 2021 THAT WILL BE AGILE AS NEW INFORMATION COMES IN, BUT THAT ALSO PUTS US ON A COURSE TO BE ABLE TO CONTINUE OPERATIONS REGARDLESS OF WHAT COMES
SO THANK YOU SO MUCH
THANK YOU/ AND THEN MOVING TO COMMISSIONER BOWMAN
NOT MUCH MORE TO ADD
I JUST AGAIN APPRECIATE ALL THE WORK BY EVERYBODY ON STAFF FROM THE EXECUTIVE TEAM AND DEPARTMENT HEADS ALL THE WAY THROUGHOUT THE ORGANIZATION FOR ALL OF YOUR EFFORTS TO HELP US GET THROUGH THIS YEAR
IT'S JUST BEEN PRETTY REMARKABLE AND DAN IT'S REALLY ENCOURAGING TO SEE US NET-POSITIVE AT THIS POINT
SO BUT AGAIN, I KNOW THAT'S WITH JUST ENORMOUS EFFORTS BY EVERYBODY AT THE PORT THINKING ABOUT WAYS THAT THEY CAN REDUCE EXPENSES AND STILL CONTINUE TO DO THE WORK THAT THEY'RE DOING IN A PRETTY CHALLENGING ENVIRONMENT
SO REALLY APPRECIATE EVERYTHING YOU'VE DONE
AND THEN COMMISSIONER STEINBREUCK
JUST TO SECOND ALL THE GRATITUDE AND APPRECIATION THAT WE HAVE FOR THIS WORK AND THE RESULTS THAT ARE EMERGING HERE
THANK YOU
THANK YOU
OKAY, I THINK WE ARE APPROACHING THE END OF THE AGENDA
WE ARE PRETTY MUCH ON SCHEDULE HERE
AND IF COMMISSIONERS WOULD LIKE TO HEAR EXECUTIVE STAFF RESPONSE TO THE EARLIER AMENDMENTS THAT WERE SUBMITTED IN ADVANCE OF TODAY'S MEETING REGARDING THE BUDGET RESOLUTIONS, WE COULD HEAR THAT NOW OR WE COULD HEAR ALL OF THE EXECUTIVE RESPONSE AT THE NEXT MEETING ON NOVEMBER 17TH
COMMISSIONER STEINBREUCK IF I MIGHT? YEAH, IT'S MOST OF US HAVE BEEN IN THIS MEETING SINCE 10:30 THIS MORNING
SO I THINK THIS IS A GREAT TIME TO CALL IT
I KIND OF FELT THAT AS WELL
YEAH
YEAH COMMISSIONER STEINBREUCK, I WILL COLLECT THAT AND NOW THAT WE KNOW ALL THE AMENDMENTS THAT ARE OUT THERE, WE CAN HAVE A WRITTEN RESPONSE TO THOSE AND WILL GET THOSE OUT TO THE COMMISSIONERS FOR FURTHER DISCUSSION
WE'LL WORK ON THAT RATHER THAN TALKING ABOUT THEM NOW, SO WE'LL GET THOSE OUT YOU KNOW SOON AS POSSIBLE HERE
OKAY
ALL RIGHT
THAT BRINGS US TO THE FINAL AGENDA, WHICH IS ANY NEW BUSINESS BEFORE WE ADJOURN FROM COMMISSIONERS
OR ANY NEW ITEMS TO MENTION OR REPORT OUT ON
THESE ARE CLOSING COMMENTS
DO YOU WANT ME TO GO THROUGH THE ROLL? ANY CLOSING COMMENTS? COMMISSIONER FELLEMAN? YOU'RE ON MUTE, SIR
WE APPRECIATE ALL THAT YOU'VE DONE
I ALSO JUST WANT TO REITERATE MY APPRECIATION ON VETERANS DAY
MY DAD FOUGHT THE BIG WAR
HE WAS IN THE BULGE
HE'S NO LONGER WITH US, BUT IT WAS CLEARLY ONE OF THE MOST IMPORTANT THINGS THAT AFFECTED HIS LIFE
AND I ALSO THINK IT'S SOMETHING VERY INTERESTING ABOUT THAT WHOLE GENERATION THAT WE WERE LOSING RAPIDLY
CONSERVATION WAS JUST IN THEIR BLOOD
IT WASN'T LIKE
OH THE GREENIES ARE DOING THINGS
IT'S JUST LIKE, YOU WOULDN'T WASTE THINGS
THEY WEREN'T CHEAP
BUT THE IDEA THAT
THE EXPRESSION I REMEMBER MY PARENTS SAYING LIKE WHAT ARE WE, THE ROCKEFELLERS? YOU KNOW, YOU'RE LEAVING THE LIGHT ON WHEN YOU LEAVE THE ROOM? THIS CULTURE, THIS GENERATION JUST ACKNOWLEDGED THE FACT THAT WE SHOULDN'T TAKE THESE THINGS FOR GRANTED AND I FEAR WE'VE LOST SIGHT OF THIS AND THAT GENERATION'S MESSAGE SHOULD NOT BE LOST AND VETERANS DAY IS A GOOD TIME TO REMEMBER THIS
THE OTHER THING IS THAT THERE WAS A VETERAN THAT HAD PLAYED A VERY BIG ROLE IN THE RESTORATION OF PORT PROPERTIES
HIS NAME WAS JOHN BEAL AND WAS VERY MUCH INVOLVED WITH T- 117 AND I BELIEVE THERE IS STILL A VETERAN'S CONSERVATION CORPS THAT THE PORT HAS RELATIONS WITH AND I WOULD LOVE TO SEE US DO MORE WORK WITH THEM
I KNOW WE'VE HAD, I FORGET HIS NAME, BUT HE WOULD COME TO ALL OUR COMMISSION MEETINGS
BUT ANYWAY, IT'S GOOD FOR THE ENVIRONMENT
IT'S GOOD FOR VETERANS TO BE OUTSIDE DOING CONSTRUCTIVE WORK, AND AND I THOUGHT JOHN SET SUCH A GREAT EXAMPLE THAT I JUST WANTED TO REMIND FOLKS OF ON THIS IMPORTANT DAY
SO, THANKS AGAIN
THANK YOU COMMISSIONER FELLEMAN
COMMISSIONER CHO FOR ANY CLOSING COMMENTS
NO, THANK YOU, EVERYONE
COMMISSIONER CALKINS
NONE FOR ME EITHER
THANK YOU
COMMISSIONER BOWMAN
NO COMMENTS
THANK YOU
AND COMMISSIONER STEINBREUCK IT'S BACK TO YOU
JUST TO SAY THANKS TO MY COLLEAGUES AND THE COMMISSION AND PORT STAFF FOR THE EFFORT THAT'S GONE INTO TODAY'S REVIEW OF THE BUDGET AND RELATED ITEMS IT'S BEEN A LONG DAY AND I'M SURE EVERYONE LOOKS FORWARD TO A LITTLE BREATHER
SO THANK YOU ALL
I HAVE NO FURTHER COMMENTS
WE I THINK ARE NOW AT THE POINT OF ADJOURNMENT
IT'S NOW 3:48 AND THE MEETING IS ADJOURNED
THANKS VERY MUCH
SEE YOU SOON
GOOD MEETING
THANKS EVERYONE
YES, AND THANKS CLERK STAFF AS WELL ESPECIALLY
THANK YOU
THANK YOU, MICHELLE
THANK YOU.

Limitations of Translatable Documents

PDF files are created with text and images are placed at an exact position on a page of a fixed size.

Web pages are fluid in nature, and the exact positioning of PDF text creates presentation problems.

PDFs that are full page graphics, or scanned pages are generally unable to be made accessible, In these cases, viewing whatever plain text could be extracted is the only alternative.