Resolution No. 3762 – WSDOT property surplus SR-509/I-5 Page 1 of 3
RESOLUTION NO. 3762
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A RESOLUTION of the Port of Seattle Commission declaring surplus and no longer
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needed for port district purposes approximately 417,963
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square feet (9.6 acres) of Port-owned real property
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located in the City of SeaTac, King County; and further
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authorizing the Executive Director, or his designee, to
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finalize negotiation, prepare and execute all necessary
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documents to transfer said real property to WSDOT for
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use in the extension of SR-509 in connection with
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WSDOT’s SeaTac to I-5 Freeway Extension/SR-509 Corridor
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Completion Program Phase I Project.
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WHEREAS, the voters of King County, pursuant to the provisions of enabling legislation
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adopted by the Legislature of the State of Washington, Chapter 92, Laws of 1911, RCW
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53.04.010, authorized and approved at a special election held in King County on the 5th day of
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September 1911, the formation of a port district coextensive with King County to be known as
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the Port of Seattle; and
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WHEREAS, the Port of Seattle (the “Port”) was thereupon established as a port district
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and has since been and now is a duly authorized and acting port district of the State of
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Washington; and
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WHEREAS, the Port owns certain real property consisting of approximately 417,963
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square feet (9.6 acres) located in the City of SeaTac, King County, Washington, with the legal
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description as set forth on attached Exhibit A together with the improvements thereon
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(collectively, the “Property”); and
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WHEREAS, the State of Washington Department of Transportation (“WSDOT”) by letter
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dated August 7, 2018, has offered to purchase the Property from the Port, under threat of
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condemnation, for the purchase price of $7,410,000 (the “WSDOT Purchase Offer”), said offer
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price being determined based on a market value appraisal prepared by Philip L. Brodt,
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Washington State Certified General Real Estate Appraiser (License No. 1101898) (the “WSDOT
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Appraisal”); and
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WHEREAS, WSDOT intends to utilize the Property as part of the right-of-way for the
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extension of SR-509 in connection with its SeaTac to I-5 Freeway Extension/SR-509 Corridor
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Completion Program Phase I project; and
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Item No: 8a_reso
Meeting Date: October 8, 2019
Resolution No. 3762 – WSDOT property surplus SR-509/I-5 Page 2 of 3
WHEREAS, the Port has reviewed the WSDOT Purchase Offer and the WSDOT
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Appraisal, including review of a third-party validity assessment of the WSDOT Appraisal
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prepared by Kidder Mathews, the Port’s Member Appraisal Institute (MAI) appraiser; and
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WHEREAS, pursuant to Chapter 39.33 of the Revised Code of Washington
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(Intergovernmental Disposition of Property Act) the Port may sell, transfer, exchange, lease or
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otherwise dispose of real and personal property to the state, any municipality or any political
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subdivision thereof on such terms and conditions as may be mutually agreed upon by the
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governing authorities of the participating entities; and
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WHEREAS, a resolution declaring the Property surplus to port district needs and no
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longer needed for port district purposes is a prerequisite to sale of the Property; and
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WHEREAS, an official public hearing was held October 8, 2019, after notice of such
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hearing was duly published as provided by law, to consider whether the Property should be
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declared surplus to port district needs and no longer needed for port district purposes, and
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authorization for its sale to WSDOT; and
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WHEREAS, the maps and other data regarding the Property proposed for transfer to
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WSDOT are on file at the offices of the Port’s Airport Properties Division; and
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WHEREAS, the Port of Seattle Commission has heard from all persons desiring to speak
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at the public hearing regarding the proposed transfer of the Property; and
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WHEREAS, the members of the Port of Seattle Commission have considered the
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proposed sale of the Property to WSDOT and any comments by members of the public
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attending the public hearing;
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NOW, THEREFORE, BE IT RESOLVED by the Port of Seattle Commission as follows:
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Section 1.
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The Property, described on Exhibit A attached to this Resolution, is no longer needed for Port
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purposes and is hereby declared surplus to Port needs.
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Section 2.
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The Executive Director, or Executive Director’s designee, is authorized to finalize negotiation,
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prepare, and execute all necessary documents to sell the Property to WSDOT for a purchase
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price of Seven Million Four Hundred Ten Thousand and 00/100 Dollars ($7,410,000).
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Resolution No. 3762 – WSDOT property surplus SR-509/I-5 Page 3 of 3
ADOPTED by the Port Commission of the Port of Seattle at a duly noticed public meeting
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thereof, held this ______ day of _______________________________ , 2019, and duly
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authenticated in open session by the signatures of the commissioners voting in favor thereof
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and the seal of the commission.
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Port of Seattle Commission
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