PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.      5e 
ACTION ITEM 
Date of Meeting      April 1, 2014 
DATE:    March 19, 2014 
TO:      Tay Yoshitani, Chief Executive Officer 
FROM:   Mike McLaughlin, Director, Cruise and Maritime Operations 
Mark Longridge, Capital Project Manager 
SUBJECT:  Pier 34 Mooring Dolphins Project (CIP #C800090). 
Amount of This Request:         $275,000   Source of Funds:       General Fund 
Est. Total Project Cost:          $1,611,000 

ACTION REQUESTED 
Request Commission authorization for the Chief Executive Officer to complete design and
permit process for the replacement of four (4) mooring dolphins at Pier 34. The total amount of
this request is $275,000, out of a total estimated project cost of $1,611,000. 
SYNOPSIS 
The project consists of the replacement of four existing failed timber mooring dolphins with four
new steel dolphin structures located at Pier 34 at the head of the East waterway. Thisproject 
would restore lost moorage by replacing old mooring facilities that have failed. These two 
redeveloped berths would be designed to accommodate up to two 400' barges and generate
additional revenue to the Seaport. 
The preliminary design concept is for each of the four new dolphins to have sufficient strength to
securely moor vessels over their 20-year expected life. In addition, the project would remove
approximately 80 derelict creosote timber piles with attendant environmental benefits. 
Industrial moorage for barges and other commercial vessels is essential to a healthy port and
harbor. The supply of industrial moorage in our harbor has declined, while demand for such
moorage has grown. Federal security requirements for moorage of fuel barges and Safety of Life
at Sea (SOLAS) vessels have exacerbated the shortage of suitable moorage for these sectors.
This project would restore moorage capacity that was removed from service due to age and
deterioration. 
BACKGROUND 
Pier 34 facility was leased prior to deteriorating into age-related disrepair, at which time the lease
for these mooring dolphins expired and they ceased being used.  This request is part of the

Template revised May 30, 2013.

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
March 25, 2014 
Page 2 of 5 
Seaport's Asset Stewardship Program and the "Industrial Moorage Initiative" which was 
presented as a Policy and Staff Briefing in public session on June 3, 2008. Prior projects under
this Initiative include timber fender replacement at Terminal 91 Berths 6 and 8 and Terminal 46
North Apron, and replacement of four mooring dolphins completed as the North Harbor Island
Dolphin Project. By proceeding with this project, the Port protects current industrial moorage
business, provides for future revenue growth from industrial moorage and supports maritime
jobs, all of which align with the Ports Century Agenda goals 
These improvements will also serve to recover moorage displaced from other Port facilities
following the implementation of two federal security programs initiated in February 2009, the
Marine Transportation Security Act (MTSA) and the Transportation Worker Identification
Credential (TWIC). Activation of cruise operations at Terminal 91 in April 2009 further
restricted the port's supply of industrial moorage. 
PROJECT JUSTIFICATION AND DETAILS 
Project Objectives 
This work, if authorized, is aligned with the Seaport's Asset Stewardship Program - to restore 
berth facilities in the harbor. 
Demand has been expressed by industry for the following uses: 
o  Seasonal barge moorage in winter, when barge service to ice-restricted regions of Alaska
stops; 
o  Support for local shipyards by berthing vessels awaiting or upon completion of dry-dock
repairs; 
o  Daily moorage, as a preferred substitute to mooring at the Duwamish Head Buoys; and 
o  Seasonal moorage during tribal treaty fishing periods to reduce congestion on the Lower
Duwamish Waterway and Elliott Bay. 
Scope of Work 
Design & Permitting 
Complete geotechnical investigations, structural calculations and design drawings using both
Port staff and existing IDIQ consulting contracts. 
Prepare a construction bid set inclusive of plans, specifications and engineers' cost estimates
for completing this work and present to Commission authorization to construct. 
Prepare and submit all required permit applications to complete this work. 
Schedule 
For the Pier 34 to be available for the spring 2015 cruise season, all in-water work for this
project will need to be substantially completed by the start of the permit fish window on
February 15, 2015. The design and permitting work covered under this authorization is

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
March 25, 2014 
Page 3 of 5 
expected to be completed by August 2014.All construction work is expected to be completed
and the facility in service by April 2015. 
FINANCIAL IMPLICATIONS 
Budget/Authorization Summary            Capital     Expense   Total Project 
Original Budget                            $0          $0          $0 
Previous Authorizations                   $25,000          $0      $25,000 
Current request for authorization              $275,000          $0      $275,000 
Total Authorizations, including this request      $300,000          $0      $300,000 
Remaining budget to be authorized         $1,311,000          $0    $1,311,000 
Total Estimated Project Cost              $1,611,000          $0    $1,611,000 
Project Cost Breakdown                   This Request       Total Project 
Construction                                     $0         $1,084,000 
Construction & Contract Management                   $0          $124,000 
Design                                   $152,000          $152,000 
Project Management                          $65,000          $65,000
Permitting                                   $83,000           $83,000 
State & Local Taxes (estimated)                        $0          $103,000 
Total                                       $300,000         $1,611,000 
Budget Status and Source of Funds 
This project was included in the 2014 Draft Plan of Finance under Business Plan Prospective 
CIP# C800090, Pier 34 Dolphins, in the amount of $2,420,000. 
The project will be funded from the General Fund. 
Financial Analysis and Summary 
CIP Category        Revenue/Capacity Growth 
Project Type         Business Expansion 
Risk adjusted discount  8.5% 
rate 
Key risk factors         The timing of in-water work is constrained by closure for the fish
window, anticipated to be 2/15/15 thus 
. Minor delays could result in a delayed construction schedule. 
Construction costs may vary as steel prices remain volatile 
Financial performance will be lower if usage or market rates are
lower than estimates used in the related financial analysis. 


COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
March 25, 2014 
Page 4 of 5 
Project cost for       $1,611,000 
analysis 
Business Unit (BU)     Seaport  Maritime Operations 
Effect on business     Estimated impact on Net Operating Income (NOI) and NOI after
performance        Depreciation for years 2014 through 2018 is shown below. 
NOI (in $000's)          2014   2015    2016    2017    2018
NOI               $0   $90   $123   $126   $129
Depreciation            $0   ($60)   ($81)   ($81)    ($81)
NOI After Depreciation       $0    $29     $42     $45     $48

IRR/NPV 
NPV    IRR   Payback
(in $000's)          (in years)
($181)    5.8%     12
STRATEGIES AND OBJECTIVES 
Replace lost industrial moorage capacity essential to operating a full-service harbor. 
Remove the existing derelict timber dolphins at Pier 34 and replace with steel mooring
dolphins. 
Provide moorage to a diverse spectrum of users as detailed in strategic objectives above. 
Provide additional moorage to alleviate the current shortage caused by the relocation of
Cruise operations to T-91, 
Provide a convenient alternative to the current practice of rafting barges in the lower
Duwamish. 
Provide moorage for vessels subject to Maritime Transportation Security Act (MTSA)
without the added cost burden of security fees for e berths with landside requirements for a
TSA Facility Security Plan. 
Generate additional revenues to the Seaport. 
ALTERNATIVES AND IMPLICATIONS CONSIDERED 
Alternative 1: Do nothing. With growing demand and the continued displacement of barge
layberth space at T91 during periods of overlap between the cruise and fishing industry seasons,
the Port would not have adequate barge layberth space for current and future tenants. Alternative 
1 is not recommended. 
Alternative 2: Explore alternative sites to Pier 34 for barge moorage expansion. Initial analyses
of potential sites from the Barge moorage study of 2008 indicate Pier 34 is the best alternative
for this facility. Unlike other sites considered, Pier 34 has served this function in the past, is the
most straightforward to permit and can meet the current schedule for 2015 completion.
Alternative 2 is not recommended.

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
March 25, 2014 
Page 5 of 5 
Alternative 3: Replace the current timber dolphins at Pier 34 to accommodate current barge
layberth moorage requirements and objectives, subject to subsequent Commission authorization
to award for construction. This is the recommended alternative. 
ATTACHMENTS TO THIS REQUEST 
Proposed site layout and existing condition photographs. 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
June 3, 2008 - Policy and Staff Briefing  Industrial Moorage Initiative