P.O. Box 1209
Seattle, Washington 98111
www.portseattle.org
206.787.3000

APPROVED MINUTES
COMMISSION SPECIAL JOINT MEETING MAY 26, 2015
The Port of Seattle Commission met in a special joint meeting with the Port of Tacoma
Commission Tuesday, May 26, 2015, in the International Auditorium at Seattle-Tacoma
International Airport, Seattle, Washington. Port of Seattle Commissioners Albro, Bowman, Bryant,
and Creighton were present. Commissioner Gregoire participated by telephone. Port of Tacoma
Commissioners Bacon, Johnson, Marzano, Meyer, and Petrich were also present.

CALL TO ORDER
The meeting was called to order at 10:05 a.m. by Port of Seattle Commission Co-President
Stephanie Bowman, who led the Flag Salute.

DUE DILIGENCE PROCESS STATUS
The Commissions received a presentation on the status of due diligence efforts, which are on target for
an August approval by the managing members. Public meetings with stakeholders were noted.

PUBLIC ENGAGEMENT AND FEEDBACK
The Commissions received a presentation on the public comment and engagement process. The
various audiences and their general response to alliance formation were summarized. It was
reported that several letters have been received from industry and governmental groups.
Comments submitted electronically were noted and discussion themes from outreach events were
said to have included the following:
How non-container properties will be managed, given some are not included as Alliance
assets
Concerns about traffic congestion at terminals given projected increases in utilization rates
Relationship of increasing cargo turns and long truck queues
Opinions on selected performance metrics
How revenue sharing will work
Creation of a third agency and increasing demands on Commissioners
Commitment of the Alliance to addressing air quality issues
Reliance on passage of a state transportation package
Last-mile transportation investment
Location of Alliance offices and coordination of staff
Educating state legislators on port competitiveness and transportation issues
Continued attention on Harbor Maintenance Tax reform
Expansion of gate opportunities to increase cargo throughput at terminals and
accommodate surge capacity
How the Alliance will bring local labor groups together and attract business
Whether the Port of Everett would be included in the Alliance



Digital recordings of the meeting proceedings and meeting materials are available online  www.portseattle.org.
PORT COMMISSION JOINT MEETING MINUTES                                                       Page 2 of 2
TUESDAY, MAY 26, 2015

Accommodating larger ships at both ports
Prospects for Shell's oil exploration vessel to move from the Port of Seattle to the Port of
Tacoma
Whether customer locations would change
The Airport's relationship to the Alliance
Alliance business goals
Selection of John Wolfe as the Alliance CEO
Sequencing of terminal investments at the two ports
Whether there is a precedent of success for this kind of alliance
Whether inclusion of some lines of business by the Port of Seattle would have promoted
growth in these lines at the Port of Tacoma
The Alliance's impact on bond ratings
Perceptions that the Port of Seattle is less invested in maritime cargo than the Port of
Tacoma
Reconciliation of Alliance cost savings with huge infrastructure investment needs

Commissioners encouraged publishing answers to the many questions raised for public and
commissioner consideration. Commissioners noted the relevance of the various comments to the
issues already under consideration by the two commissions. Commissioners acknowledged that
many of the details in answer to the issues raised are still being worked out and may take time to
respond to. Commissioners urged public review of the materials available so far on Alliance
formation. The length of the agreement at 20 years was noted as a concern of some stakeholders.

NEXT STEPS
It was reported that the next meeting dealing with Alliance formation will be held June 5 in Auburn.
At that time the commissioners will vote on the Discussion Agreement as it will be forwarded to the
Federal Maritime Commission for further comment and review. The documents comprising the
package to be forwarded to the FMC were listed. It was explained that the FMC may return to the
commissions with additional comments or questions following their 45-day review period. In July or
August, the two commissions will act on formation of the Seaport Alliance and hiring of a CEO.

PUBLIC COMMENT
Public comment was received from the following individual(s):
Mark Hennon, candidate for Port of Seattle Commission, Position 5, in opposition to
federally permitted private meetings of the port commissions regarding formation of the
Seaport Alliance.

ADJOURNMENT
There was no further business, and the meeting adjourned at 10:31 a.m.

Stephanie Bowman
Secretary

Minutes approved: January 12, 2016.




Minutes of May 26, 2015, joint public meeting, proposed for approval on January 12, 2016.