Port Preserves Public Waterfront Access With Purchase Of Shoreline Property at Former Hambleton Lumber Site – News Release

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Washougal, Wash. – Nov. 7, 2012

The Port of Camas-Washougal today announced it will be acquiring a parcel of waterfront property along the Columbia River at the former Hambleton Lumber site in Washougal.

“I’m proud that we’ve made this long-awaited goal a reality by first securing a $200,000 planning grant from the Dept. of Ecology to evaluate environmental cleanup issues last year and now through this land purchase agreement,” said David Ripp, executive director of the Port of Camas-Washougal. “I’m pleased we have been able to secure public access to the waterfront. What’s more, this parcel will enable the port to directly connect our existing land to the east and provide a way
for the community to enjoy amenities along the length of the port-owned waterfront.”

The purchase agreement specifies the sale of approximately 13.25 acres from Killian Pacific, at the former Hambleton Lumber Company site, located adjacent to the existing port recreational boating marina.

The closing date of the sale is effective Nov. 16, 2012. A portion of the land purchase includes the entire waterfront area to create a public trail
along the waterfront. The property is designated commercial. In all, the property sale to Killian Pacific totals approximately 26.5 acres, with the Port of Camas-
Washougal purchasing approximately one-half of this parcel from Killian Pacific including rights to tideland leases and associated uplands area.

The port’s strategic plan, formally adopted in 2012 after extensive public input, outlines the port’s mission and its intent to maintain public
access to the waterfront in any future development.

“We believe this is the biggest news at the port since the August groundbreaking of the 120+ acre Steigerwald Commerce Center in our industrial park, which development is well underway,” said Ripp. “We’re excited that both of these developments will bring much needed jobs to our area and at the same time, demonstrate the port as a leader in balancing the need for economic growth with preserving the quality of life here-particularly the scenic beauty and recreational opportunities along the Columbia River.”

“Killian Pacific will retain ownership of a portion of the Hambleton Lumber Company site, and intends to continue to collaborate with the port on the eventual development of the area. “We look forward to finding the right balance between market and community needs and contributing to enhancing the community through the development of this property,” said Lance Killian.

About Killian Pacific A community-based and locally owned commercial real-estate development and investment company located in the Portland/Vancouver metropolitan area. With over 40 years of development experience in Oregon and Southwest Washington, the company is committed to the long-term prosperity of this region.

About the Port of Camas-Washougal
The port brings jobs and recreational opportunities through a 400-acre industrial park, a 79-hangar general aviation airport and 350-slip pleasure boat marina. Grove Field is a small, general aviation airport with a state-of-the-art fueling station and 14 tie-downs in addition to the 79 hangars. The marina is the largest publicly owned marina on the Washington side of the Columbia River and has a floating restaurant, launch ramp, hotel, fueling station, guest docks and is homeport to the Dolphin Yacht Club. The industrial park is home to more than 40 businesses and is adjacent to Steigerwald Commerce Center (under
development). The port manages Captain William Clark Park at Cottonwood Beach, the adjacent protective levee and Parkersville
National Historic site. More information is found at www.portcw.com.

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