APPROVAL OF MINUTES

June 13, 2006, Board of Commissioners Regular Meeting

On motion by Commissioner Miller, seconded by Commissioner Wolfe, and carried unanimously, the Port of Vancouver USA Board of Commissioners approved the minutes of the June 13, 2006, regular meeting as distributed.

OPEN FORUM
Commission President Baker invited comments from the audience regarding any matter not listed on the agenda. There were no comments from the audience at this time.

ACTION ITEMS

Second Amendment to Lease with Boise Building Solutions Distribution L.L.C.

Facilities Director Curtis Shuck presented the staff report, as contained in the agenda packet, and discussed the proposal with the Commission. He said that Boise Building Solutions Distribution, L.L.C., a Port tenant since 1990, had significantly increased its leased premises over the years. He added that growth of the company once again had necessitated a need to accommodate additional cargo storage and this proposed expansion of its premises. He explained that, in response to this request, the Port had relocated two adjacent tenants and by relocating those tenants, Boise was allowed use of an additional 3.92114 acres of storage space. He further said that the extra space would also meet Boise's corporate need of combining the trucking division into this facility to minimize transportation costs. Director Curtis pointed out that Boise would be investing a significant amount in tenant improvements to this site.

Mr. Shuck said that Boise was requesting an amendment to its lease with the Port to accommodate an expansion and this proposed lease amendment would allow for the addition of 3.92114 acres for the balance of the current lease term (November 30, 2008) with base rent increased by $8,540.24 per month ($0.05 per square foot per month). He added that the total anticipated revenue for the balance of the term from this additional space would be $239,126.72.

On motion by Commissioner Miller, seconded by Commissioner Wolfe, and carried unanimously, the Port of Vancouver USA Board of Commissioners approved the Second Amendment to Lease between Boise Building Solutions Distribution L.L.C. and the Port for approximately 3.92114 acres (170,805 square feet) of land located at 3301 NW Lower River Road.

Interlocal Agreement with the Port of Portland to Fund a "Corps of Engineer" Position

Environmental Services Director Patty Boyden presented the staff report, as contained in the agenda packet, and discussed the matter with the Commission. Ms. Boyden expressed appreciation for assistance received from PNWA staff in coordinating arrangements relative to this proposal with the Corps of Engineers. She explained that the proposed Interlocal Agreement was between the Port of Vancouver USA and the Port of Portland to jointly fund a Corps of Engineer position in the Portland District Office for the purpose of expediting permit applications submitted to the Corps. She said activities of the position may include, but not be limited to, the following: application intake review; review of National Environmental Policy Act (NEPA) Environmental Impact Statement (EIS) documents; review of drawings; preparation of public notices and correspondence; and, preparation of draft permit decision documents. She added that under the terms of the proposed agreement, the Corps of Engineers would establish separate accounts for each of the Ports to track receipt and expenditure of funds. Ms. Boyden also mentioned that a separate agreement between the Port of Vancouver and the Corps of Engineers would be forthcoming. She said that the Port was authorized to enter the proposed agreement per the Revised Code of Washington (RCW) 53.08.240.

In response to questions by Commissioner Wolfe, Ms. Boyden explained that selection of an employee would be made from a pool of three qualified applicants submitted by the Corps in response to specific job specifications included in the agreement.

Executive Director Paulson commented that other West Coast Ports, including Seattle, Tacoma, and various sites in California, as well as the City of Seattle, have found this process particularly effective in moving projects along.

On motion by Commissioner Miller, seconded by Commissioner Wolfe, and carried unanimously, the Port of Vancouver USA Board of Commissioners authorized the Executive Director to sign the Interlocal Agreement between the Port of Vancouver USA and the Port of Portland to fund a Corps of Engineer position.

Facilities Director Curtis Shuck presented the staff report, as contained in the agenda packet, and discussed the proposal with the Commission. He explained that Accurate Welding Service had been a sublessee of Sound Delivery Services for approximately eight years and, due to expansion needs of an adjacent tenant, Sound Delivery Service (Steel Yard) was approached about relocating its premises. He said that, at that time, Sound Delivery decided that the lease agreement should be between the Port and Accurate Welding Service. He added that a portion of the cost of relocation would be paid directly by Accurate Welding Service with the balance being paid back through the lease at an additional rate of $.0045 per square foot per month plus LET.

Director Shuck said that Accurate Welding Service was requesting a lease with the Port of Vancouver for approximately five acres (217,800 square feet) of property located at the northwest corner of Parcel 1A and the designated space would be used for storage, distribution and fabrication of steel products. He said the initial term of the lease would be for 12 months (1 year) beginning July 1, 2006, and terminating June 30, 2007 with the lessee being granted two additional one-year (1-yr) options. He added that base rent would be $6,969.60 per month ($0.032 per square foot per month) and the total anticipated lease revenue would be $83,635.20.

On motion by Commissioner Baker, seconded by Commissioner Miller, and carried unanimously, the Port of Vancouver USA Board of Commissioners approved the lease agreement between Accurate Welding Service and the Port of Vancouver for approximately five acres (217,800 square feet) of land located at the northwest corner of Parcel 1A.

Interlocal Agreement with the Regional Transportation Council for a "High Capacity Transit Corridors" Study

Executive Director Larry Paulson presented the staff report, as contained in the agenda packet, and discussed the proposal with the Commission. He explained that the proposed interlocal agreement was between the Port of Vancouver USA and the Regional Transportation Council (RTC) for a High Capacity Transit (HCT) Corridors Study and the purpose of the study was to identify the most promising high capacity transit corridors and modes in Clark County to increase the level and use of transit service. He explained that, under the terms of the agreement, the Port would provide a one-time payment of $5,000 to RTC within sixty (60) days of execution of this agreement and that amount would be part of the required 20% local match for the study.

On motion by Commissioner Miller, seconded by Commissioner Wolfe, and carried unanimously, the Port of Vancouver USA Board of Commissioners authorized the Executive Director to sign an interlocal agreement between the Port and the Regional Transportation Council for a "High Capacity Transit Corridors" study.

UNFINISHED BUSINES

RTC Visioning Committee

Executive Director Paulson reminded the Commissioners that RTC Executive Director Dean Lookingbill had submitted a request for one elected official and one staff member as Port of Vancouver USA representatives on RTC's Visioning Committee. He suggested that Commissioner Miller, as the current Port representative on the RTC Board of Directors, was the appropriate elected official to represent the Port and that selection of a staff representative - either himself, Facilities Director Todd Coleman or Public Affairs Director Addison Jacobs - was at the discretion of the Commission.

Commissioner Miller said the staff representative should be someone who understands local transportation issues and can participate in a visioning steering committee environment. He added that since the staff representative would need to be able to attend all committee meetings, consideration of travel schedules should be made. Executive Director Paulson said that he would prefer to discuss the appointment with Mr. Coleman and make a staff selection after that internal discussion.

On motion by Commissioner Wolfe, seconded by Commissioner Baker, and carried unanimously, the Port of Vancouver USA appointed Commissioner Arch Miller as the elected Port of Vancouver USA representative and authorized Executive Director Larry Paulson to appoint the staff representative on the Regional Transportation Council's (RTC) Visioning Committee.

NEW BUSINESS

Executive Director Paulson announced that a special meeting of the Port of Vancouver USA Board of Commissioners would be held at 6:30 p.m., Wednesday, June 28, to consider approval of an option to lease a western portion of "Cell Two" to Great Western Malting.

EXECUTIVE DIRECTOR AND STAFF REPORTS
Executive Director Paulson reported the following:

Public Affairs Director Addison Jacobs reported on the PNWA Mid-Year Meeting, a June 14 City of Vancouver tour with state senate leadership representatives, and a June 20 federal financing freight workshop.

Community Relations Manager Katy Brooks reported on the June 20 joint meeting of the West Vancouver Neighborhoods and a June 22 Port Roadway Transportation Forum, which Commissioner Baker also attended.

Environmental Services Director Patty Boyden reported on the June 21 meeting of the Vancouver Lake Watershed Partnership. She reported that the Partnership applauded the work that had been accomplished to date. In response to her report, Commissioner Miller thanked Mr. Paulson and other Port staff for their successful efforts relative to the Vancouver Lake Watershed Partnership project.

Executive Director Paulson reported on the PNWA Mid-Year Conference, also attended by Commissioner Miller, Commissioner Wolfe and Public Affairs Director Addison Jacobs. He commended PNWA Executive Director Glenn Vanselow and his staff for putting together a first-class event.

Executive Director Paulson announced the following upcoming Port-related events:

COMMISSIONER REPORTS
Commissioner Wolfe reported that he, along with Commissioner Baker and Mr. Paulson, participated in a June 21 conference call with Senator Murray.

Commissioner Wolfe reported that he enjoyed attending the Pacific Northwest Waterways Association (PNWA) Mid-Year Conference and found it highly informative. He commended Executive Director Paulson, as Chair of the PNWA, for putting together such a successful event.

Commissioner Miller reported on the annual Commissioners Seminar of the American Association of Port Authorities (AAPA) that he attended in Montreal, Canada; a June 20 WSDOT Tolling Seminar; and the PNWA Mid-Year Conference at Salishan.

Commissioner Miller voiced plans to attend the June 28 Port Stakeholders Breakfast and June 29 meeting of the Project Sponsors Council for the Columbia River Crossing project.

Commissioner Baker reported that she attended the annual Flag Day Ceremony hosted by the Fort Vancouver Historic Reserve on June 14 at the Reserve and participated in the national celebration, "Pause for the Pledge," later that day. She also reported on the June 20 joint meeting of the West Vancouver Neighborhoods, June 21 conference call with Senator Murray, and June 22 Port Roadway Transportation Forum which she also attended. Commissioner Baker voiced plans to attend the upcoming Washington Public Ports Association (WPPA) Commissioners Seminar in Walla Walla, Washington.

ADJOURNMENT
There being no further business to come before the Port of Vancouver USA Board of Commissioners, the June 27, 2006, regular meeting was adjourned at 10:35 a.m. by Commission President Baker.