Commissioners are expected March 18 to authorize the sale of the Port’s 745-acre Thurston County property.
The Port bought the property near Maytown in 2006 as a potential site for rail system enhancements. After purchasing the site, which once housed an explosives manufacturing plant, the Port assumed responsibility for environmental cleanup.
The Port also vested the property’s existing gravel mining permit. The permit includes a reclamation plan to build and maintain habitat after the approved amount of gravel is removed during the permit’s 20-year life.
Maytown Sand and Gravel, a corporation made up of principals from Southwind Realty Group and Lloyd Enterprises, has offered a combination of cash, sand and gravel, long-term interest revenue and proceeds from any future property sales.
Commission meetings begin at noon in Room 104 of The Fabulich Center. Meetings also are available for viewing live and on demand from the Port’s Web site at http://www.portoftacoma.com .