March 21, 2017

 

BUDGET/FINANCES

Port of Poulsbo considering bond to fund improvements | The Scuttlebutt

Stephen L. Swann, March 16, 2017, Kitsap Daily News

In the next few weeks, the port will re-examine its 2017 budget.

In last month’s The Scuttlebutt, I noted that among the port’s numerous fiscal concerns is the interest expense for borrowing several million dollars for marina capital improvements. This includes planning a replacement, floating breakwater.

Funding an additional annual expense of $150,000 in interest payments for a break-even marina is a major challenge. (As used here, the term “break even” means when revenues and expenses are netted together, there is no money left.)

Read more here:  http://www.kitsapdailynews.com/opinion/port-of-poulsbo-considering-bond-to-fund-improvements-the-scuttlebutt/

 

ECONOMIC DEVELOPMENT

Port of South Whidbey oks over $23,000 in economic development grants

Port of South Whidbey commissioners on Tuesday agreed to dish out over $23,000 in economic development grants.

The money was awarded to eight different community groups and organizations by an unanimous 3-0 vote during the board’s regularly scheduled monthly business meeting. As is almost always the case, it was the port’s best attended meeting of the year.

“It always is,” said Commissioner Curt Gordon, in a later interview.

Read more here:  http://www.southwhidbeyrecord.com/news/port-of-south-whidbey-oks-over-23000-in-economic-development-grants/

 

LAND USE

Port of Edmonds plans development on Admiral Way

March 17, 2017, Edmonds Beacon.com

The Port of Edmonds is in the initial stages of planning to develop a vacant parcel of land at the marina, said Bob McChesney, the Port’s executive director.

The property is on Admiral Way, directly across from Anthony’s HomePort and immediately south of the existing work yard.

The project requires a shoreline permit from the city of Edmonds, and the Port has retained Jackson/Main Architects to provide the necessary application documents.

Read more here:  http://edmondsbeacon.villagesoup.com/p/port-of-edmonds-plans-development-on-admiral-way/1634612

 

MISC

New parents gain paid leave under new Port of Tacoma policy

Kate Martin, March 17, 2017, The News Tribune

The Port of Tacoma will now offer paid parental leave to its employees.

The commission voted 3-0 Thursday night on a revised pay and benefit policy, which includes paid parental leave for new parents.

People working for the Port of Tacoma for at least 30 hours per week qualify for paid time off after the birth, adoption or foster placement of a child. Full-time workers can claim up to four weeks off per year.
Read more here:  http://www.thenewstribune.com/news/business/port-of-tacoma/article139250483.html

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