Port of Seattle Mission The Port of Seattle is a public agency whose primary mission shall be to invest public resources to advance trade and commerce, promote industrial growth, stimulate economic development, and create jobs. ‐‐adopted August 2009 Century Agenda "Givens" • Airport: The existing three runways at Sea‐Tac Airport are assumed as a maximum. • Seaport: POS will continue to be a major international container, cargo, fishing & cruise Port, and the PNW will continue to be a major trade gateway. The on-dock container terminals will develop primarily through investments within the current property footprint. • Funding Strategy: Over the next 25 years, the Tax Levy is an important funding mechanism for strategic opportunities which cannot be financed otherwise. ‐‐as finalized 2/24/11, Century Agenda Committee and Port staff 1 Century Agenda: Proposed 2011 Calendar 6/14/11 For Each Focus Area 1) Staff Subject Experts: Propose panelists, givens and big questions Synthesize Goals and Objectives Public Debate Final Goals and Objectives 5) Staff proposes supporting 5-year objectives • Economic Growth • Moving Cargo • 2) Develop emerging Moving People issues, briefing info, questions Next Generation Industries • Environmental Values • Community Values • Putting Real Estate to work • Funding our Strategic Goals • 4) Full Commission defines 25 year preliminary goal 3) Century Agenda Roundtable Overarching Strategic Goal 25 Year Horizon (Draft 6/27/11) Overarching: Add 100,000 new jobs to the existing 200,000 jobs in the region that are attributable to the economic activity created by the Port of Seattle. 4 Puget Sound Regional Council Prosperity Partnership & the Regional Economic Strategy A Cluster-Based Strategy PROSPERITY PARTNERSHIP ACCOMPLISHMENTS NEW REGIONAL ECONOMIC STRATEGY FEEDBACK AND SUGGESTIONS 5