JULY 8, 2016

 

AIRPORTS

As airport prospects improve, Kelso asks port for continued backing

Marissa Luck, July 7, 2016, The Daily News

Kelso airport managers are appealing to the Port of Longview to continue supporting the air field for another two years, rather than bowing out in November as planned.  If the port bows out, the airport would lose 17 percent of its operating revenue.

In a 2-1 vote in February, Port of Longview commissioners voted to terminate the port’s contract with the airport, giving nine months notice.

On Wednesday interim airport manager Steve Taylor asked commissioners to rescind their termination and extend the contract by two years, citing improved revenue prospects at the airfield.

Read more here:  http://tdn.com/news/local/as-airport-prospects-improve-kelso-asks-port-for-continued-backing/article_14cd1f52-336a-56bc-969d-8222f2896bce.html

 

BUDGET/FINANCES

Fitch Rates Port of Seattle First Lien ‘AA’ & Intermediates at ‘A+’; Affirms Outstanding

July 06, 2016, Business Wire

Fitch ratings has assigned an ‘AA’ rating to $175 million in Port of Seattle, WA (the port) First Lien Revenue Refunding Bonds, Series 2016 A-C. Fitch has also assigned an ‘A+’ rating to $125 million in Intermediate Lien Revenue Refunding Bonds Series 2016.

Fitch has also affirmed the ratings for the following bonds:

–$630 million in first lien revenue bonds at ‘AA’;
–$1.7 billion in intermediate lien revenue bonds at ‘A+’;
–$128 million in subordinate lien revenue bonds at ‘A’;
–$123 million in passenger facility charge (PFC) revenue bonds at ‘A’.

The Rating Outlook is Stable for all bonds.

Read more here: http://www.businesswire.com/news/home/20160706006398/en/Fitch-Rates-Port-Seattle-Lien-AA-Intermediates


ELECTIONS/GOVERNANCE

City, port change tack:  Meetings will now be public

Kate Martin, July 7, 2016, The News Tribune

A week after saying meetings between the Port of Tacoma and its city would be private, the doors have swung open.

Tacoma Mayor Marilyn Strickland said the meetings indeed will be open to the public after hearing from Port Commission President Connie Bacon.

“Our commission was totally against having them in secret,” Bacon said Thursday.

Read more here:  http://www.thenewstribune.com/news/business/article88298307.html

LAND USE

Bateman Island access, marina
Port of Kennewick to lend support to island access

Wendy Culverwell, July 6, 2016, Tri-City Herald

The Port of Kennewick will add its voice to the Tri-City chorus asking the state to maintain public access to Bateman Island at the confluence of the Columbia and Yakima rivers.

The port is expected to join the city of Richland, Visit Tri-Cities and the Lower Columbia Basin Audubon Society.

All want the Washington Department of Fish and Wildlife to preserve a link between the Columbia River shoreline and Bateman Island if it chooses to breach the dam-like causeway to improve habitat for salmon and steelhead at the mouth of the Yakima River.

The port commission will consider a resolution supporting fish habitat as well as access when it meets July 12, said Tana Bader Inglima, deputy CEO.

Read more here:  http://www.tri-cityherald.com/news/local/article88074737.html

MISC

Port of Moses Lake celebrates 50 years, looks forward to next 50

Rodney Harwood, July 6, 2016, Columbia Basin Herald

The heat of the day had given way to a welcome relief of cloud cover for the Columbia Basin locals still meandering through an amazing assortment of aircraft gathered out on the runway at the Grant County International Airport Friday as part of the 50th anniversary of the Port of Moses Lake.

The military aircraft was impressive, from the massive C-17 Globemaster used to carry troops and equipment into landlocked Afghanistan, to the KC-135 Stratotanker used in aerial refueling to the Navy’s P-3 Orion, sometimes called the Sub Hunter because of its patrol and reconnaissance capabilities, and many more.

The Boeing Company made its mark in Moses Lake training its pilots and flight crews at Larson Air Force Base. In fact, it was Boeing that introduced Japan Airlines to the Grant County Airport back in the mid-60s. Its 727 sat out on the runway, a proud representative of the history made here in central Washington.

Read more here:  http://www.columbiabasinherald.com/news/port-of-moses-lake-celebrates-years-looks-forward-to-next/article_eade107e-4304-11e6-bb83-b7987178f74c.html

PEOPLE

Port Hires Goschen as executive director

July 6, 2016, Sequim Gazette

On June 27, the Port of Port Angeles Board of Commissioners voted unanimously to appoint Karen Goschen as its new executive director.

Goschen served as the interim executive director since January and will now officially take the helm at the Port of Port Angeles.

“Karen Goschen’s commitment to this port and our community is unparalleled,” said Port Commission President Colleen McAleer.

Read more here:  http://www.sequimgazette.com/news/385719501.html#

 

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