COMMISSION
AGENDA MEMORANDUM
ACTION ITEM

Item No.
Date of Meeting

DATE:

December 13, 2024

TO:

Stephen P. Metruck, Executive Director

FROM:

Lisa Lam, Director, Accounting & Financial Reporting

10a
January 14, 2025

SUBJECT: Resolution No. 3832 - Delegation of Authority to Sell and Convey Port Personal
Property for 2025 Not Exceeding a Value of $22,830
ACTION REQUESTED
Introduction and request adoption of Resolution No. 3832: A resolution of the Port of Seattle
Commission authorizing the Executive Director to sell and convey Port personal property in 2025
in accordance with RCW 53.08.090 with a value not greater than $22,830 and repealing
Resolution No. 3816, dealing with the same subject.
EXECUTIVE SUMMARY
The Port of Seattle regularly determines that personal property is no longer needed for port
district purposes and prepares accordingly for its disposal. Commission authorization is required
to grant the Executive Director authority to sell and convey port district personal property of
$22,830 or less in value in accordance with RCW 53.08.090.
JUSTIFICATION
Pursuant to RCW 53.08.090, the commission may, by resolution renewed from year to year,
authorize the managing official of a port district to sell and convey port district personal property
of $22,830 or less in value. RCW 53.08.090(2) established a base value limit for calendar year
2024. Beginning December 2024, the Washington State Department of Revenue adjusted the
initial value yearly based on any increases of the consumer price index available on December 1
of the current year from the prior year. It is now timely for the Commission to consider renewal
of the Executive Director's authority for the year 2025.
Surplus items that fall within the $22,830 fair market value limit have been well utilized over the
years with many having reached the end of their useful lives. The Port on average surpluses,
through either sale or disposal, about $25,000 per year in in equipment, furnishings and
computer/mobility devices with the average FMV being $12,500, and about $150,000 per year in
rolling stock/vehicles with the average FMV being $6,000 to $10,000 per vehicle. Also, Chapter
39.33 RCW in part authorizes the Port to sell, transfer or exchange surplus property to the state
or other local jurisdictions.

COMMISSION AGENDA - Action Item No. 10a
Meeting Date: January 14, 2025

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ATTACHMENTS TO THIS REQUEST
(1)

Draft Resolution No. 3832

PREVIOUS COMMISSION ACTIONS OR BRIEFINGS
November 21, 2023 - Resolution No. 3816, authorizing the Executive Director to sell and
convey Port personal property in accordance with RCW 53.08.090 with a value not greater
than $22,000, and repealing Resolution No. 3808 dealing with the same subject.
November 29, 2022 - The Commission adopted Resolution No. 3808, authorizing the
Executive Director to sell and convey Port personal property in accordance with RCW
53.08.090 with a value not greater than $23,000, and repealing Resolution No. 3797
dealing with the same subject.

Template revised September 22, 2016; format updates October 19, 2016.

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