Item 6b Memo

PORT OF SEATTLE 
MEMORANDUM 

COMMISSION AGENDA 
Item No.         6b 
Date of Meeting   November 23, 2009 
DATE:    November 12, 2009 
TO:      Tay Yoshitani, Chief Executive Officer 
FROM:    Dan Thomas, Chief Financial Officer 
Elizabeth Morrison, Senior Manager Corporate Finance 
SUBJECT:  Resolution No. 3632, authorizing an increase in limit factor for maximum
levy capacity pursuant to RCW 85.55.0101. Request the Second Reading
and Final Passage of Resolution No. 3632. 

BACKGROUND 
On October 29, 2009, copies of the Port of Seattle Preliminary 2010 Budget were made available
to the Port Commission and general public. Notice of Public Hearing and availability of copies
of the Budget was published in the Daily Journal of Commerce for two consecutive weeks, as
required by statute. The resolution is to include public hearings on the 10th and 23rd of
November, 2009. 
Staff recommends the following Final Budget process: 
November 23, 2009  Second Reading and Final Passage of Resolution No. 3632. 
December 1, 2009  Submittal of the Final 2010 Budget to the King County Council. 

REQUESTED ACTION 
Resolution No. 3632, authorizing an increase in limit factor for maximum levy capacity
pursuant to RCW 85.55.0101. Request the Second Reading and Final Passage of
Resolution No. 3632.

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