POM TOWIVSEND

PO. Box 1180 . Port Townsend, Washington 98368-4624

Administration: (360)385-0656 operations: (360)g8s-23s5 Fax: (360)385-3988

Port of Port Torvnsend 1't Monthly Meeting Agenda Wcdnesday, March 12r2014,1:00 PM Port Commission Building 333 Benedict Street, Port Torvnscnd, WA

I. Call to Order / Pledge of Allegiance

II. Approvalof Agenda

III. Consent Agenda A. Approval of Meeting Minutes - February 26,2014...... 1-3 B. Resolution No. 606- 14 - Autholizing Sale of Abandoned Vessels, ...... 4 C. Operations Reports - February 2014...... ,.5-8 D. Approval of Warrants

ry. Public Comments (not related to Agenda)

V. Second Reading (Action ltems) A. Goldstar Lease Assignment .....9-12 B. AWOS, ....13-14 C. Communication Consultant Contract...... ,,15 D. EngineeringConsultantContractUpdate, .,.,,..,....16

VI. First Reading (Discussion Only) A. Puget Sound-wide Marina Survey...... 1'7 B. December2}l3DraftFinancials...... 18-41

VIL Potential Immediate Action Items (unanimous Commission approval required)

VIIL Staff Comrnents

IX, Public Comments

X, Commissiouer Comments

XI. Next Meeting: Wedncsday, March 26,2014 at 5:30 PM, Port Commission Building, 333 Benedict Street, Port Torynsend, WA

XII. Executive Session: A. Real Estate, pursuant to RCW 4230.110(b)

XI[. Adjournment

e-mail: [email protected] website: www. portofpt.com PORT COMMISSION MEETING- February 26,2014 commission Building, 333 The porl of Porl Tornmsend commission met in regular session at the Benedict Street, Port Tolvnsend, WA.

Commissionet's - Tucker, Clinefeltel and Hanke Executive Dit'ector - Crockett DePutY Director - Pivarnik Auditor - Khile AttorneY - Lake Minutes - Nelson I. CALL TO ORDER/PLEDGE OF ALLEGIANCE: Commissioner Tucker called the meeting to o¡der at 5:30 PM' II. APPROVAL OF AGENDA: Mr.. Crockett announced that the Port attorney would be ariving late, but will provide an update on a Litigation matter', with possible action during the Executive Session' Commissioner Clinefelter moved to approve the Agenda as presented' Commissioner Hanke seconded the motion. Motion carried by unanimous vote. ilI, CONSENT AGENDA: Commissioner Clinefelter discussed conecting infonnation or-r the environmental fee distribution, repofied in the Febluary 12, 2014 rninutes. After further clarification, Commissionel Tucker stated the rninutes reflect what was discussed and changes should be made at a different meeting. A. Approval of Special Public Workshop Minutes - February 10,2014 Approval of Public Workshop Minutes - February 12,2014 Approval of Meeting Minutes - Febluary 12,2014 B. Resolution No. 605-14 - Delegation of Authority C. Approval of Warrants Warrant #052541through #052556 in the amount of $59,013.70 for Payroil and Benefits Warant #052557 through #052585 in the amount of $i03,440.44 for Accounts Payable Electlonic Debit to Union Bank in the amount of $3,660.00 for Washington State Combined Excise Tax for Jamnry 2014 Commissioner Hanke moved to approve the Consent Agenda as presented. Commissioner Clinefelter seconded the motion. Motion carried by unanimous vote. IV. PUBLIC COMMENTS (Not related to aeenda) (4:51): Bill Putney. local pilot. handed out an email he received fi'om pilot Eric Taylor requesting all Comn.rissionels attend the April Jefferson Co. Pilots Association meeting where Lany Crockett presents his "State of the Port" talk. He aiso would like the Commissioners to consider reinstating and sponsoring the "Airport Days" festival, Mr. Crockett added he would discuss this at the April meeting with the pilots. Ron Hayes. small boat owner and Puget Sound Anglers (PSA) member. stated he and the PSA group suppoft the Port moving forward with the grant application for engineering and permitting of a second boat ramp. Jerry Jotnson, secretary of East Jefferson Puget Sound Angle¡s. stated the PSA membels sttppolt the adclitional boat ramp 110% and he has a petition that culrently has 170 signatures showing their supporl. informed they are currently gatheling lodging, tax numbers and other figures to assess what kind of income is genelated by activities such as fishing. The Chamber is happy to work with the Porl ancl other local businesses on this. Pete Lansley. owner of Port Townsend Foundry, expressed that he does not like healing of boat ramp expansion plans. He said this study has been going on fol'twenty yeals. He woulcl like to see culLent ramps maintained and for the Port to look at other ramps and oppoltunities rathel than adding another rarnp. V. SECOND READING (Action ltems'): A. ComlnunicationConsultant Selection(25:511: Mr. Crockett amounced that Commissioner Tucker and senior staff iúelviewed all thlee of the candidates who submitted packets. He asked the Commission fol authorization to enter into contl'act negotiations with the top choice. Pol t Commission lVleeting - F-ebr uary 26, 201 4 Page 2 rnove forrvard CornlniSsioner Tuckcr moved to authorize the Executivc Director to with contract negotiâtions with the first choice consultant' Commissiouer Hanl

staff Mr, Crockett infolmed that Comrnissio nefeltel, Tilçe I-lillman ancl seniol I{e askecl for' inter.vier,ved the top four engineet'ing candidates who lesponded to the RFQ He added authorizatior.r to move folwalcl with contlact negotiatiolls u'ith their top choice plocess can get tliat hiring an engineeling fir'm soon is very important so that the long permit going for the point Hudson Jetty project. Commissioner Clincfelter moved to authorize the Exccutive Director to begin coltract negotiations rvith the first choice engineel'ing canclidate' Comrnissioner Hanke seconded the motion. Motion carried by unanirnous vote, Mt. Crockett adde¿ he expects to present the negotiatecl contlacts at the next Comtnission meeting. VI. FiRST READING (Discussion Onlv): None

None VIIi. STAFF COII4MENTS (29:15): that to ansr,vel qrÌestiolls on the AWOS at the ailpolt, the Port does not expect to hear results on a grant a\ ¡ard f1'om the FAA ur.rtil June 01' July, A pledicted -__flyeu1gexplainedtime line wouÌd have the system í¡stalled at the end of the yeal. Thett the application process stafis for tlie FCC license. Estimated cost is $400K, withg0o/o FAA funding. Commissionel Clinefeltel asked why in initial discussions the cost was arouud S100K. Ml. Pivarnik answeled that in older to qualify lol FAA funcling, JefÎelson Co. International Ailport is required to have a system compliant with FAA standards. Mr. Clockett statecì he wonlcl attend the PDD and RC&D meeting along with Comtnissioner' Tucker'. Mr. Ci-ockett added he will host the Highet' Ecl Meeting tomolrow, and on Friday molnir.rg, lie will host a meeting with the marine tlades who palticipated in tl.re Seattle Boat Show, to cliscuss how it went and shat'e ideas for next yeal', He added the show cost the Port $i2K-¡ this year to parlicipate. Last, Mr'. Crockelt reported that rnaline tlades business owrler Joe von Volkli asked him to give a "State of the Por1" talk to the Polt Townsend Marine Trades Association next Wednesday. IX, PUBLIC COMMENTS (38:24): Vigo Anderson, on behalf of the Norlhi¡,est Maritime Center ancl Wooden Boat Foundation extended a Letter cornmending Assistant Halbormaster, TelLy Khile, for his assistauce with the 2013 Wooden Boat Festival. Bill Putnev offeled advice that when the Port submits its intent to install the AWOS, the Poft could apply fol the FCC iicense at the same time, cutting clown on the long plocessing time. LIe also said he attended the Northwest Aviation show in Puyallup and burrped into Mr'. Crockett. He wolrld like to see the Port of Port Townsend's plesence at the shou,, lepr:esentir.rg Jeffelson County Intelnational Ailport, alongside othel Ports. Pete Langle), explessed his disappointment that the Porl financially suppolts the local El)C, who suppolts the Northwest Malitime Centel, who sells ploducts florr China in their' chandlery, which puts iocals out ofbusiness. X. COMMISSIONERCOMMENTS(46:37): Cotnmissionel Clinefelter asked if heaclway has been made in the rnatrix fol pliolitizing capital ancl maintenance plojects. Mr'. Crockett replied that this will be an item on the Malch 12,2014 Public Worksl.rop agenda. In legalds to Ml. Langley's conments on the EDC, Comrnissionel Clinefeltel said since the Port suppolts the EDC, his statement is inportant to hear'. Commissionel'Hanke also looks folward to seeing the matlix. He addecl that he remembeled discr,rssing a weekend retleat to discuss matters such as the matrix and the budget, and would like to see this happen. He also stated he attended the PRTPO meeting. He was impressed with Goldon Neilson's comments, He also discussed how they ale using the "fieight argurnent" in funding Flighway 101 projects since it is a freight highway, Port Commission Meeling-February 26, 2014 Page 3

the Commissioner Tucker said he pelfomed an exelcise backing a boat trailer in where futur.e boat ramp would be to oheck out logistics and things went well. He also stated he and Mr. Crockett attended a Department of Commerce awards cel'elnony Bay where the Port received the Governor's "Smafi Cornmunities" award fol tb'e Mystery Management Plan and the Port Townsend Bay Management Plan involving buoy realignment helping to presewe shellfish beds' Last, he discussèd ú. pirt Enelgy Lunch meeting he attended where a discussiou was held on turning waste into energy. Hè added that PUD ald County Commissioners come from neighboring counties, enabling discussion on project collaboration' Next Pubiic Workshop will be held Wednesday, lar Meeting at 1:00 PM in the Port Comrnission Building, 333 Benedict Street, Port Townsend, XII. EXECUTIVESESSION: Th. t"g"trt r"r"on recessed into Executive Session, aÎ 6:26 PM to discuss Litigation, duration of twenty-five minutes with possibÌe action, pursuant to RCW 42.30.110(Ð. The Executive Session began once the audience departed, aI 6:32PM- Ar 6:56 PM, Ml. Crockett checked for any members of the public waiting outside for reconvening ofthe regular meeting. Finding no one, the Executive Session continued. At 6:59 PM Ms. Nelson checked for any public outside and found one member. XIII. RECONVENING REGULAR MEETING: The meeting reconvened at 7:00 PM. Commissioner Clinefelter moved to authorize the Executive Director to enter into the settlement agreement presented by the Port Attorney in Executive Session' subjecÉ to the Port of Port Townsend being informed of the Environmental Project Recipient. Commissioner Hanke seconded the motion, Motion carried by unanimous vote. XIV. ADJOURNMENT: Ther:e being no fui{rer business to come before the Commission, the meeting adjourned at 7:01 PM.

ATTEST:

Stephen R. Tucker, President

Peter W. Hanke, Secretary

Brad A. Clinefelter, Vice President RESOLUTION NO.606-14

A Resolution of the Commission of the PoÉ of Port Townsend

RESOLUTION AUTHORIZING THE SALE OF ABANDONED VESSELS

WHEREAS: The Port of Port Townsend has in its possession Vessel(s) described as follows: VESSEL OWNER ACCOUNT #

35ft Catamaran Chris Campbell 27890 TOLFEA

32ft Fishing Vessel Ryan M. Oswalt 30512 ARIES

WHEREAS: proper notices have been sent to the person believed to be the true owner, or to anyone who might claim an ownership interest in the boat and no person or persons or entity has responded claiming ownership and/or willingness to pay the charges owing for storage, and ninety (90) days have elapsed since the sending of such notices,

NOW, THEREFORE BE IT RESOLVED: 1 . That the above designated vessel is declared to be abandoned; and 2. The Port Director is directed to sell the said boats at public sale to the highest and best bidder for cash pursuant to the procedures set fotlh in RCW 53.08.320 (5); and 3. That the date of public auction to be set and proper notifications made. 4. Auction to be held at the Port of Port Townsend Ship Yard located at 2790 Washington Street, Pod Townsend, Washington.

ADOPTED this 12th day of March 2014 by the Commission of the Port of Port Townsend and duly authenticated in open session by the signatures of the Commissioners voting in favor thereof and the Seal of the Commission duly affixed.

ATTEST:

Brad A. Clinefelter, Vice President Stephen R. Tucker, President

Peter W. Hanke, Secretary

APPROVED AS TO FORM:

Carolyn A. Lake, Goodstein Law Group, Potl Attorney BOATHAVEN OPERATIONS RE PO RT/MOORAG E

MONTH: FEBRUARY DATE: 3t5t2014

MONTHLY PERMS:

MONTHLY GUESTS:

# OF SLIPS BY SIZE OCCUPIED empty o/o occ. 25' 35 35 27' 11 30' 105 35' 24 '44 '41 50' 32 OVER 52' 7 TOTAL: 299 8 AVG: 98

LINEAR SPACE/FT OCCUPIED % OCCUP¡ED COMMERCIAL 365 320

RECREATIONAL 1986 1 886 95% LIMITED ACC. 14ss 1382 95%

TOTAL: 3806 146 AVG: 95o/o CURR PREV YTD NIGHÏLY GUESTS: 149 8'1 230 WAIT LISTS 25'PLEA: I CREDIT SYSTEM: 22 22 44 27'PLEA.. O 30'PLEA: 39 TEMP TIE UP: 3 5 8 35'PLEA: 27 40'PLEA: 38 FREE NIGHTS: 0 0 0 5'PLEA: 16 50'PLEA: 15 PTYC: 3 5 I OVER 52': 12 OVERWID O RAMP/DAILY: 27 29 56 30'coMM. 0 4o'coMM. 0 RAMP/ANNUAL: 35 65 100 50'COMM: 0

TOTAL OCCUPANCY %: 97% Port of Port Townsend POINT HUDSON MARINA & RV PARK MONTH LY OCCU PANCY REPORT 2014 & 5 YEAR COMPAR'SOA' MARINA NIGHTLY GUEST NIGHTS

F'%fïB lffiæl ETffil ffi-,F-"F @ 177 ffiP_&--Æ ffiKË ffiffi ffie?Æ Ë#æffi re ffiffi ffiIffi ffi Ðffi FffiÆ ËGr-æÆ Ëìl trüt FfiiÞ= ffiffi Pã(#ì F,æ H'r::l:'1c..:l ffiffi ffi-'E F'mçæ Fffiffi F.@tr Ë'ffi F#ïå€ EF.-TTE¡'fl¡ ffi ffi ffi Hü:¡åã ffi ffiffi ffiffi

NIGHTL

t@ l@ ffiæI r@ tw ffiffiI lKfrffi Em{+rEl EÐHF{qr-Æ ffiæ E@äl @ffi åKffH tr+K-{*ll rcø'wffi ffiæ ffiI @ffiÆ ffi ffi{qHI @wæsæ ffi ffi{:øHI Eflffi#"pg ffiffiå êFgæI ELffiÆ ffi ffiKl @,WB FTd,Fffi ffiÆl Iøffi ffiffi1 CEEIEÐ3'/ LTD ACCESS MOORAGE COMMERCIAL MOORAGE SEASONAL MOORAGE SEASONAL RV'S UNDESIRABLE DATE: 3/6/2014 STORAGE OPERATIONS F IEPORT

Feb-14 FEB FEB FEB FEB 2011 YEAR 2012 YEAR 2013 YEAR 2014 YEAR 2011 2012 2013 2014 TO DATE TO DATE TO DATE TO DATE

HAUL.OUT

BOAT YARD - OUT 31 35 27 42 48 53 53 70 BOAT YARD.IN 21 23 18 32 35 34 39 51 67% RE-BLOCK 7 7 10 1 13 7 14 I 40% INSPECTION 3 3 I 1 I 5 3 3 OTHER 6 I 2 5 13 2 3 9 SUB TOTAL 68 69 58 81 117 101 112 141

SHIP . OUT 5 7 10 7 14 17 20 16 SHIP.IN 7 11 6 3 9 12 12 14 SHIP - RE-BLOCK J ó 0 1 4 5 0 1

SHIP .INSPECTION 0 0 2 1 0 0 3 I

SHIP. OTHER 0 1 0 0 0 2 0 0 SUB TOTAL 15 18 18 11 27 36 34 32

TOTAL 83 87 76 92 144 137 146 173

STORAGE

PTBH - START B9 61 OJ 68 PTBH . END 97 66 74 73 PTBH.O.P.P. 26 30 27 29 SHIP.START 20 23 16 20 OFF PORT PROPERTY SHIP.END '16 20 21 23 GOLD STAR - 7 sHtP-o.P.P. 1 1 2 3 STEPHENS - I ,JA-1 PERM/FREE 0 0 0 0 FRE PERMS FREE DAYS 14 16 25 42 PT CO-OP - 10 PAID NT HAVEN - 1 PTBH linealfeet 3607 3926 31 05 3059 TBM- SMALLâ SHIP linealfeet 1 198 1602 I 508 1826 TBM - SH/P 3 Lonqterm Storaqe 30 24 20 23 80Ars LONGTERM linear 1134 942 776 900

JCIA OPERATIONS fIEPOR T

HANGERS 11 11 13 13

TIE DN - PAVED 3 2 2 2 TIE DN . GRASS 0 0 0 0 TIE DN . NIGHTLY 0 0 0 0

W/L. HANGERS 2 0 0 0 Round Trip Haul Outs 70/75 T 45

40

35

30

25

20

15

10

5

0 IÞc /2013

Oec 12013 PORT OF PORT TOWNSEND

MEETING OF: March 12,20'14

AGENDA ITEM: V. Second Reading (Action ltems) A. Goldstar Lease Assignment

BACKGROUND:

As you are aware, Jerry Wentworth, owner of Goldstar Marine has had his business for sale for the last year. He has recently secured a buyer for his business and is looking to close the transaction on March 14th' with the Commlssion's approval of the attached assumption agreement. The Commission has had a chance to meet the new prospectíve owners, the Heckmans last month.

Staff has since worked with Mr, Wentworth and Mr. Heckman to develop an assumption agreement that is consistent with the present lease in place. That lease states, "The Port will not unreasonably withhold agreement to an assignment of the lease as long as the use is not changed and the buyer is of good credit". Staff has performed our due diligence and believes that the Heckmans will make a very good addition to the Port marine trades collection.

Executive Director's Recommendation :

Approve the assumption agreement. ASSIGNMENT & ASSUMPTION OF BUILDING & LAND LEASE

THIS ASSIGNMENT AND ASSUMPTION OF BUILDING & LAND LEASE is dated and effective as of March _,2014 by and between GOLD STAR MARINE, INC (formerly GALMUKOFF MAR|Ne, ttrtC.¡, a Wäshington Corporation ("Assignor"), and PT MARINE ENTERPRISES, LLC, a Washington Limited Liability Company ("Assignee") with a business address of 2900 Washington Street, Port Townsend, Washington, 98368.

WHEREAS, Assignor is Tenant under that certain BUILDING & LAND LEASE dated April 1 ,2004, by and between the PORT OF PORT TOWNSEND, a Washington Municipal Corporation ("Lessor") and Assignor, (as modified from time to time, the "Lease"), respecting certain premises (the "Premises") located at the Port Townsend Boat Haven, Port Townsend, Washington, as more particularly described therein;

WHEREAS, Assignor desires to assign its interest in the Lease to Assignee and Assignee desires to assume Assignor's obligations under the Lease; and

WHEREAS, Paragraph 18 of the Lease provides that the Assignor's interest in the Lease may not be assigned unless the Lessor grants its written consent to any such assignment,

NOW THEREFORE, for good and valuable consideration, the receípt and sufficiency of which is hereby acknowledged, Assignor and Assignee agree, and Lessor consents, as follows:

1. Assignment of Lease: Assignor does hereby transfer, assign, convey and deliver to Assignee its entire right, title and interest in the Lease and the Premises.

2. Assumption of Obligations: Assignee does hereby accept this assignment and, for the benefit of Assígnor and Lessor, expressly assumes and agrees to hereafter perform all of the terms, covenants, conditions and obligations of Assignor under the Lease, which accrue from and after the date hereof. Assignee has been furnished with a copy of the Lease which is attached hereto as Exhibit "A" (including all amendments thereto), has reviewed the Lease, and understands all of the terms of the Lease.

3. lndemnity: Assignor agrees to save, indemnify, defend and hold Assignee harmless from and on account of any claims, demands, actions, losses, expenses and liabilities of Assignee under the Lease on account of or arising out of any obligations and liabilities of the Lessee thereunder, arising prior to the date hereof, Assignee agrees to save, indemnify, defend and hold Assignor harmless from and on account of any claims, demands, actions, losses, expenses and liabilities of Assignor under the Lease on account of or arising out of the obligations and liabilities so assumed and arising after the date hereof.

GOLD STAR/PT MARTNE MARCH ,201"4 LEASE ASSUMPTION 10 4. Contingency: Notwithstanding anything to the contrary herein, this Assignment shall be contingent upon the receipt of the consent of the Lessor as evidenced by the execution by the Lessor's consent set forlh below. By consenting to this Assignment, Lessor acknowledges: a. That all rents, royalties, penalties, assessments, taxes, and charges of any kind owing to Lessor arising out of the Lease have been timely paid, that no such rents, royalties, penalties, assessments, taxes, or charges that have accrued to date hereof are unpaid, and that to the best of Lessor's knowledge there are no rents, penalties, assessments, taxes, or charges of any kind contemplated by Lessor to be imposed on or after the date hereof that are not specified in the Lease; b, That Assignor is not in default or violation of any provision of the Lease; c. That all repairs or maintenance of the Premises that are the responsibility of Lessor and which have been requested by Assignor have been, or will within a reasonable time be, effected in a good and workmanlike manner at Lessor's expense; d. That all subtenants of Assignor have been, and are, approved by Lessor in accordance with the terms of such subtenancies; e. That the Lease as amended is in effect in accordance with its terms; f. That the Lease as amended is enforceable in accordance with its terms; g. That Assignor, Assignee, and Lessor acknowledge a scrivener's error in Lease Amendment No. 1 wherein the ending date of the initial five year term reported as February 28,2008 should have been reported as February 28, 2009, thereby making the time for notice of the next renewal after the current term to be not later than January 1,2019, and that this Assignment and Assumption is intended to, and does, correct said scrivener's error,

5. Successors and Assigns: This Agreement shall bind and inure to the benefit of the parties hereto and theír respective successors and assigns.

Executed as of the date first above written.

ASSIGNOR:

GOLD STAR MARINE, lncorporated

Jerry D, Wentworth, President

GOLD STAR/PT MARTNE MARCH _,201-4 LEASE ASSUMPTION 11 ASSIGNEE:

PORT TOWNSEND MARINE ENTERPRISES, LLC

James M. Heckmann, Member

LESSOR'S CONSENT:

The Poft of Port Townsend, as owner and holder of all right, title and interest under the Lease hereby consents to the foregoing assignment.

THE PORT OF PORT TOWNSEND APPROVED AS TO FORM: A Washington Municipal Corporation

Larry C. Crockett, Executive Director Port Attorney

GOLD STAR/PT MARINE 3 MARCH ,20T4 LEASE ASSUMPTION I2 PORT OF PORT TOWNSEND

MEETING OF: March '12,2014

AGENDA ITEM: V. Second Reading (Action ltems) B. AWOS

BACKGROUND:

This item has been talked about for the last year with an update to the Commission two weeks ago. ln our initial correspondence with the FAA it was thought the approval would take some time. ln an effort to close out grants by June the FAA has pushed our application to the top of the list. What they are asking us to do is develop a scope of work and bid documents to facilitate a bid opening by June 1. Although they have not sent us a grant to sign as of yet they are asking us to expend monies. The FAA has always been good at paying for things they ask us to do, so this is a good sign. I have attached a schedule put together by our consuftants of a proposed timeline.

What we are committing to is a 1Oo/o match, which could be as much a $40,000 plus funds to perform a five-year maintenance contract that could cost the Port about $4000 per year. Staff needs Commission approval to proceed with spending monies on this project

Executive Director's Recommendation :

For discussion and direction.

13 AIP DEVELOPMENT PROJECT SCHEDULE

AIRPORT: JeffersonCountylnternationalAirport AIP NO: SPONSOR: Port of Port Townsend/Jim pivarnik DATE: CONSULTANT: Reid Middteton. tnc./Ben Sommer DATE: FAA : SEA-ADO/ Mary Vargas DATE: PROJECT DESCRTPTTON: Acquire and installan AWOS ilt-p (design and construction)

DATE

ITEM ESTIMATED ACTUAL COMMENTS 1. EnvironmentalApproved 02.15.14 01.28.14 2. CIP Data Sheet Submitted 02.19.14 02.19.14 3. Work Scope and Record of Negotiations Submitted 03 11.14 4. Signed Engineering Contact Approved Oy FAA 03.1 8.1 4 Need input on this date 5. DBE Plan and Goal Submitted to Civil Rights 04 07 14 6. Gonstruction Safety Plan Submitted for Airspace 04.07 14 7. Modification to Standards Submitted NA

8. Plans and Design Report Submitted 05 23 14 9. Plans Reviewed by FAA and Returned with Comments 05 30 14 10. Final Plans Accepted by FAA 06 03.14 11. Advertising Date 06.05.14 Can we compress advertising? 12. Bid Opening Date 06.2614 13. Recommendation of Award and Bid Tab Submitted 07 .01.14 Dependent on Port timeline 14. Grant Application Submitted by Sponsor 07 07 14 15. Grant lssued 07.11.14 Needs to be expedited 16. Construction Management plan Submitted NA 17. Mix Design Submitted (if applicable) NA 18. Construction Complete 11 01.14

19. Acceptance Testing Submitted to FAA 05.01 15 20. Final lnspection 05.06.15 21 . ALP Revised and Submitted to FAA 052015 22. Exhibit "4" Revised and Submitted to FAA NA 23. PAPI Flight Checked (if ínstrument approach) NA 24. Navaid Commissioned 06.01 .15

25. Airport Facility Diagram Updated 06.1 5.1 5

26. Project Closeout Submitted to FAA 08 06 15

I4 PORT OF PORT TOWNSEND

MEETING March 12,2014

AGENDA V. Second Reading (Action ltems) C. Communication Consultant Contract

BACKGROUND:

At the last commission meeting, staff was given the direction to meet with the number one selected communication consultant and negotiate a contract. Staff has met with the consultant and hopes to have a contract ready by March 12for the commission to approve. The contract will be presented at the meeting.

Executive Director's Recommendation :

Approve the Communication Consultant contract as presented.

15 PORT OF PORT TOWNSEND

MEETING OF: February 26,2014

AGENDA ITEM: V. Second Reading (Action ltems) D. Engineering Consultant Contract Update

BACKGROUND:

At the last commission meeting, staff was given the direction to meet with the number one selected engineer consultant for the Point Hudson Breakwater project and negotiate a contract. Staff has met with the consultant. After discussing the project further with the consultant, it was determined that a contract could not be ready by March 12. lt will be ready for commission approval at the March 26 meeting.

Executive Director's Recommendation:

For information only.

16 PORT OF PORT TOWNSEND

MEETING OF: March 12,2014

AGENDA ITEM: Vl. First Reading (Discussion Only) A. Puget Sound-wide Marina Survey

BACKGROUND:

The idea of doíng a Puget Sound-wide marina survey will have been discussed during the morning commission workshop. Should the commission want to explore this idea, this will serve as the first reading.

There will be work required to scope the survey and work out the details which could be brought back to the commission for further discussion and direction.

Executive Director's Recommendation:

For discussion only.

I7 PORT OF PORT TOWNSEND

MEETING OF: March 12,2014

AGENDA ITEM: Vl. First Reading (Discussion Only) B. December 2013 Draft Financials

BACKGROUND:

To be presented.

Executive Di rector's Recommendation :

For discussion only,

18 MEMORANDUM

March 3,2014

Commissioners, Directors, and Managers

From: Amy Khíle

Subject: December 2013 DRAFT Financial Statements

Attached is our Statement of Revenue & Ëxpense, both consolidated and by cost centers, and YTD comparison charts for December 2013.

A review of our YTD results through December reveals the fotlowing:

Total gross operating revenues were 94,781 þ23, $4,s29,893 , $4,222,220 arrd $3,988,780 in2013,2012,2011 and 2010 respectivety. 2013 revenues are $252,030 over2012 operating revenues and $'172,473 over projected revenues.

The only department not showing an increase over prior year is PTBH - Properties. This is due to vacancies. The Quilcene revenues are up due to increased fuel sales. Although PTBH Moorage and Work Yard revenues initially appear to be below the prior year tlrey are ahead of prior years if you take into account the Environrnental Revenues that have been pulled out to their own department.

The Ship Yard Revenues after adjustíng the environmental fees were $627,874, $568,820, $445,749 and $304,522in2013,2012,2011 and 2010 respectivety. Although the Hoist revenue is down the yard revenue and Marine Trades 3o/o are up in 2013.

Point Hudson Marina & RV revenues were $727,143, $659,551, 638,124 and $618,373 in 2013,2012,2011 and 2010 while Point Hudson Properties were $318,404, $239,990, $229,384 and $239,054 for the same time period. The increase at Point Hudson Propetties is due largelyto the addition of WSU Cooperative Ëxtension and U.S Customs.

PTBH - Moorage revenues were 91,317,618, $1,304,233, $1 ,zo0,o2Z, and $1,174,886 after you adjust out all environmental revenues, The Work Yard revenues were $849,451, $831,583, $812,832 and $817,284 after adjusting for environmental revenues,

Total oper-ating expenses were 95,158,058, $4,849,8S8, $4,674,090 and $4,b08,551 in 2013,2012,2011 and 2O1Q respectively. 2013 expenses are $308,200 rnore than 2012 and $207,396 rnore than budgeted, The largest illcrease is within salaries & benefits which are $165,499 greater than last year. The contract services is fi72,271 greater than last year.

We have a net loss frorrr operatiorrs of $376,1 35, However, the overall net itrcome is $344,036 which ís $304,519 bettertlran budgeted but $15,957 worse than lastyear.

79 Balance Sheet As o11213112013 Port of Port Townsend (PTA)

Assets CURRENT ASSETS ¡:l t: t 01-01 00-00 CASH - UNION BANI( ii s 86,337,85 1 01 -01 25-00 CASH - US BA.NI(. QUJLCENE REVENUf: 76'1.85 ìfì $ 1 01 -0300-00 CASII . ii GENËRAL FUND $ 165,784,78 1 01 ìì "0570-00 CASII , LTGO EOND FUND 2OO5 $ 90,622.50 1 -0575-00 j:i 01 CASI-I - LTGO REFUND BOND FUND 2006 $ 16,81S.80 Ììi 1 01-1 900-00 CASII . il AUDITORS REVOLVING I;UND $ 32,350,00 it 1 0 1 -2000"00 CASH, US BANI( - I.D,C. CI-IECKING $ 1,359.93 ii: 1 -4350-00 01 INVESTMENTS - OPER RËSERVE FD " STAIË POOL $ 1,273,40S.05 1 01 -4600-00 INVESTMENT - US BANK - I.D-C " C.D $ 3,64 5 72 111-100ô-00 PROPERTY TAXES RECEIVABLI: $ 27.902j4 1 1 2"1000-00 ACCOUNlS RECEIVABLE " TENANTS $ 96,24 3.97 1 1 -00 2-1 001 ACCOUNTS RECEIVABLÊ - NSË CI1K $ 1,22s.00 1 1 3-4 3s0-00 ÍNTËREST IIEC - OPER RES FUND - STA'I-Ë I)OOL $ 204.17 1 1 3-4s30-00 INTEREST REC.REV BOND RES C D .I(ITSA.P Í]ANI( $ 1,541.49 1 24-1 000"00 DUË FlìOM OTIIER GOVERNMÍ:NI S $ 304,527.1Q -1 1 31 000-00 INVENTORY - GAS - QUILCËNÊ $ 2,389,92 1 31 -1 1 00-00 INVENTORY. DIESEI- - QUILCENE $ 1 ,84 {J.4 0 1 33- 1 000-00 PIìEf)AlD ll.lSUlìANCE $ 120.352.54 1 33-4000-00 PfìEf]AID ËXPENSES $ 35,030 89 Tôtal CURRENT ASSETS: 2,262,357 50 RESTRICTED ASSËTS

141-2100-00 ÍNVESTMENT. IIAZAR W,AS]'E RES $ 25,000.00 1 4 1 -2300-00 lNVI:STMÉNT - CONTINGENCY RES $ 7 5,000.00 141-2700-00 INVES-|"Í\4ENT - PTBH RENOV RËS $ 507,84 I 5s 142-4s00-O0 INVESTMENT- REV BOND RES. Cf) ô 465,839.4 2 TOTAI RESTRICTED ASSETS: t.073,G88.91; CAPITAL ASSETS 1 5 1 ^0000-00 LAND $ 2,5s9,243,(j9 1 52-0000-00 I]UILDINGS $ 7,801,268.71J 1 54-0000-00 f:QUIPMI:N'ì" & VÉIIICLÍ:S $ 3,457,614.09 1 s9-0000-00 FURNf TUI-ìË & OÍ:FICE F-QI.JI PMEhII $ 200,4 50.82 1 64 -0000-00 tMPtìovt-.MEN1'S $ 31,862,9s8.52 1 6B-0003*00 W.f ,P. - PI-BI"I BOA]'RAMP I.:XPAhISION $ 39,023 su 1 68.004 9-53 W,I.P -JCÍA fìUNWAY REHAB.CON'I'IìACI SVCS $ s30,61(),00 1 6B-0072-00 W,I I) .QUILCENE MAIìINA REI)Atf:ì $ 892,s0 1 66-0093-53 W.I.P .JCIA MASTERPL,AN UPDA I E-CON I IìA(,- I SVCS $ 162,1stì 46 1 70-0000-00 /\CCtJMUI-/\TED DEPRECIATIoN $ -19,844,743 10 l'otal CAPI'tAL ASSETS: 26.569.405.34 'folal Assêts: $ 2fJ,905,s41.)$ l-iabilit¡es CURRENI- LIAIsILI'TIES 21 1-0000-00 W/\RIìAN'IS PAYAßI-E $ 1 01 ,863,6S 212-0000-00 ACCÒIJhITS I)AYAI]I-E $ 396,064 66 21 3-6500-00 f)lì tAX t)AYAlì_ta - L & I J 15,281 ,70 21 3-)000-00 ËXClSf: I AXES I,AYAfll-t: $ 955.Ii4 213-7100-00 SAL ES |AXES Í)AYABLE $ 1 ,800, 17 213-1200-00 I-EASEI.IOLD 1 AXÊS PAY,AI]LE $ 97,875,73 2 1 3-7300-00 llol'El / MOTEI- I'AXES P^YABL[1 $ 113 2B 213-1400-00 )IIOI)I: IJ NJCI AI M ED f II]'Y/CANC EL I,Ë {) WAf I IìAN ì S PAYAT]I. I; $ 1,237 32 214-10s0-00 ACC|ìUI:D tNl'p^y - 2005 t__'f G.o. t3C)Nf) $ 90,622.94 214-f075-00 /\ÇClìtJEÞ lN l' PAY . 2006 ì TCìO lìl;:fiul'lD flONt) $ 16,820.00 214"1100-00 ACCfìUf:f) lNl' PAY - 2010 l-.'l'.G.O. IIONI) $ 13,S3ri 12 214-20s0.O0 ACCRUED tN'ì- l)Ay - 2005 REV tìt:lr t..ioNt) $ 10,ts7tt,00 214-20ts-00 AOCrìuDD f Nl'PAy-2013 Rt-V tìONt) ù 2,f159 31 214-212!t-00 ACCtìr.iED INl tr^y - t oc^l, t)tìoG $ 73.4 6

Run Datc: 31312014 10:19:304M f)a(lo; 1 G/L Date: 1213112O13

20 Balance Sheet As of 1213112013 Port of Port Townsend (PTA)

CURRENT LIABILITIES (Continued) 214-2150-00 ACCRUED INT PAY - CERB LOAN $ 5,500.00 2 1 6-4370"00 RETAINAGE PAYABLE - Orion Marine Contr¿rctors $ 15,647.66 2 1 6-4385-00 RETAINAGE PAYABLË-Grant Steel Elclgs & Concrete Sys $ 59,697.05 21 6-4390-00 RËTAINAGE PAYABLE - Metro NW $ 10,317.84 217-2000-00 DEFERRED REVENUE . OPEIIATIONS $ 4,211_82 235-1 000-00 CURRENT PORTION - L/T DËBT $ 962,763 00 239-1 000-00 CUSTON/IER DÊPOSITS - LEASES $ 80,400.G0 i:i 239"1 1 00-00 CUSTOMËR DEPOSITS . MISCËLL $ 40,44 0.35 !íi i-ir ïotal CURRËNT 1,930,363 24 ¡r LtABILITIES: LONG-TERM LfABILITIES ia -1 '.4 25 1 050-00 2OO5 LTGO BONDS $ 4,450,000.00 251 -1 075-00 2006 LTGO REFUNDING BONDS $ 867,000.00 251-1100-00 2O1O LTGO BONDS ü 4,975,000.00 2s1-1200-00 1997 CERB LOAN $ 200,000.00 -1 251 31 0.00 2OO5 CAPITAL ASSÉT LEND PROG $ 21,762.93 251-3000-00 UNAMORT D|SC " 1S97 L t'.c.O t3()Nt) $ -t,810.]s 251-30s0-00 UNAMORI'ISSUÉ COST - 2OO5 L.T.G,O IJONI) $ -76,240.07 2s1-3100-00 UNAN4ORT ISSUË COSI-S - 2006 LI'GO lìl;f:UND IIONDS $ -16,811,68 ô 2s1 -3 1 s0-00 UNAMORT ISSUE COST .2010 L I"G O IJONT) a ,70,338.87 251-317s-00 UNAMORTIZED PREMIUl\4 .2010 L.1"G.O IJOND $ 142,44 G.96 2s2-1 050-00 REVENUE REFUND BONDS . 2OO5 $ 1,305,000.00 252-101s-00 2013 REVENUE BONDS.MAÍ N $ 807,000,00 252-2000-00 UNAMORT PREM-2005 REV RËË I]OND $ 16,57,1.35 252-4025-00 UN/\MORT ISSUE COST-2005 REV I]D $ ,1 I,608.32 2s2-4050-00 DËFERRED AMT ON RËFUND - 2OO5 $ -58,588.45 258- 1 000-00 CURRENT PORTION - L/T DEBT ù -962,763,00 259-1 000-00 EMPI-OYEE LEAVE BENEFITS $ ?_05,7?-0 55 TOtaI LONG;|ERM LIABILI.I'IES: 1 1,77B,2B.j.Clt

Total Liabil¡ties: 13,708,046.80 Fund Equity

2B1 -1 000-00 IÍIVFSTËD IN CAPITAL ASSETS $ r 3,915,4 14.08 282-100Ð-00 IIESTIìICTED NET ASSËTS $ 46s,839.42 283-1 000"00 lìetaineci Ear'nings-Curr errt Year $ 344,033.89 ó 283- 1 000-00 UNRESTRICTED N{:T ASSETS 1,47'l ,607.51

.t Tolal Fund Ëquity: 6,1 96,894 .90 Totaf Liabi¡¡ties & Fund Equity: $ 29,005,54 r 79

lìun Date: 31312014 10:10:304M Page: 2

2L Port of Port Townserìd Çonsolidated Statelnent of Revenue B, Ex¡:ense For tlre Twelve lMonths Ërrdirrg Decernber 31 ,2Q13

YEA.R TO DATE Decenr ber --LLi-o_LYqer Actual _-,277:--- ."slLds_g!_ __f-_t'_o¡. -I93.t ìiì -,e-q{e-4- iä Revetrues: i\ fi i-¿ PTBI{ - Pelm Moorage $70,950 $77,917 $70,841 $875,598 $935,000 $886,107 PTBH - Ship Moorage 1,?_36 2,S00 2,969 23,835 30,000 31,840 PTBH - Errvirolrrnental Fee 0 0 2,256 0 0 28,138 PTBII - Lir¡caboard Fee 1,365 1,583 1,495 18,335 1 9,000 19,110 ..Hlectric PTBH 10,262 7,500 8,284. 80,949 90,000 B 3,007 PïBH - Monthly Guest 10,871 7,083 7,060 121,039 B5,000 98,298 PïBH - ltJightly Guest 2,84.9 2-,500 ?-,387 160,214 170,000 151,356 PTBII - Shou¡ers 1,551 1,300 1,256 21 ,0BB 20,000 19,C52 PTBII - Laundry 384 300 244 6,176 6,000 6,1 17 PTBI{ - Reserr¡ation Fee 0 0 0 63 2,000 105 ItVork FloatiLiff Pier Usage 75 292 125 2,505 3,500 2,678 P]'BH - ll4iscellaneous 287 - .--.9!_3-_-_-J!!- -7-,B-119 . ..-l0'qqq"*--- --..5-,p9! Total Moorage Revenue 99,830 101,S08 97,186 1,317 ,618 1,370,500 1,332,371

Wort< Yarcl - lloist Revenue 8,466 9,000 7,59e 223,840 220,00Q 210,3BS Work Yard - Washdovun Revenue 1,1ö5 1,500 1,167 37,276 40,000 35,B45 Work Yard - \'arcl Revenue 38,135 /.5,000 38,49G 490,503 500,000 473,125 Worl

Ship Yarcl - lloist Revenue 6,934 7,083 8,903 1 10,38!) 85,000 116,150 Shi¡: Yarcl - Waslrclowrr Reverrue 1,704 1,500 2,1b6 21 ,813 18,000 19,966 $hi¡r Yard - Yard Revelrue 44,121 23,750 25,852 346,570 285,ooo 30G,51G $trip Yard - Elrvironrnental Fee 0 0 1,227 0 0 16,476 Shi¡r Yarcl - Electric 3,526 1,250 1,580 23,348 15,000 17,842 Ship Yard - Lír¡eaboard 0 0 130 (1 3o) 0 228 Slrip Yarcl - Tar¡r Pool Fee 920 833 835 12,755 10,000 11,9?5 ShÍp Yard - Blocking Rent 0 125 1?- 52 1,500 99G Shi¡: Yard - lVliscellaneous Revenue 0 150 0 1,191 1,800 2-,105 Shi¡l Yard - Bilge Water Reverrue 210 150 0 3,025 1,800 1,992 Mq1trte Tradglqó¡gve n u e 20,813 4,583 12 1Qq,_qq1. -- -q,q,oq'_q" _--.,- _91,.:l-q..q Total Shlþ Vari aeverure 78,228 39,424 40,707 627,874 473,100 585,296

PïBH Prop - l-ease Revelrue 64,814 42,500 24,854 476,915 510,000 294,2-20 PTI3H Prop - Fuel Dock Lease 1,004 1,200 921 19,961 25,000 21,305 PTBI-I Prop - Ëlectlic 1,268 200 268 13,551 2,400 2,485 PTBf{ Pro¡r - lnd Park Bfdg Lease 0 0 16,929 0 0 200,760 l¡'ÍBl-l Prop - Storage Unit Revenue 524 B33 654 7,075 10,000 8,800 PTBI-l Prop - lndus Park Utility lìeirnb 0 1,000 s92 0 12,000 11,317 *. Ul-F_11_Btqp- IVI_| sc e I Itrr eo us Reven Lr e 0 0 0 300 0 0 Total PTBil Þ¡oÞe¡ty R;-verir¡e G7,610 45,733 44,21u sñ,aol' 559,400 538,947

22 Polt of Port Tovvnsend Cortsolidated Staterlrerrt of Revenue & Ëxperrse Fot'the Tvuclve Montlrs Errcìing Decerrrller 31 ,2013

-YËAR TO DATE Decerrr ber -.-2-013 ActL¡al _ÞUdgqt Prjor Yqal: -=Â{LLpl --Lqgs9"!-- -llri-et)'$r lR eve rr u es I co n't ,tí Ìr - Perrnanent ¡l Quilcerre füoor.age $1,9f B $3,750 $2,326 $35,296 $45,000 $41,576 i), Quilcene " Erlvil'olrntental Fee 0 0 B4 0 0 1,863 t; - ii Quilcerle Nightly lVloorage 0 0 0 2,GGz 1,600 1,843 i;1 Quilcene - Nighfly R.V. 500 1,072 r...: 0 0 0 1,116 ii Quilcene - Fuol Sales 477 600 2,56G 34,491 20,000 26,/.,58 ¡' Quilcene - Electric 254 25Q 2-09 2,079 3,000 2,57'7 Quilcene - Rental Properly Reverrue 500 ti0û 500 6,000 6,000 6,000 Quilcene - Showe¡'s 240 12t 270 2,580 1,800 2,050 Quilcene - Lease Revenue 4,686 4,667 4,603 55,399 56,000 52,03 3 Quilcene - Water 510 667 'JJ¿ 6,898 B,0oo B,ß24. Quilcene " [Vlisce llaneous Revetrue û 17 0 0 200 0 Total Quilcene Revenue 8,58 5 10,57't 11,090 146,521 142j00 14 4,C96

l'ìanr¡rs - Rarnp/Parkirrg Fee 62-0 4.00 987 33,504 30,000 33,290 P_:l-qltyllg4]þyqryg_ 0 rì 137 B3B 1,qq_0__-- _ . !,a!:-/ ïotal lSoat Rarnp Reverrrre 620 4Q0 1,124 34,342 31,800 34.,337

Pt l-ludson - Perrn Moorage 8,6 56 7,750 9,74'5 112,739 93,000 1 00,33'l Pt Huclsorr - Erlvirorrnrental Fee 0 0 37t] 0 0 3,72-9 Pt Hudson - l-iveahoarci Fee 650 450 650 3,705 3,4.00 3,380 Pt Huclson - lVlorrthly Guest B, fJ 31 4.,600 4,935 4 6,6 62 4.0,000 32-,230 Pt l^Ír¡dson - Nightly Guest 2,881 2_,000 t a.11.) 2',20,103 200,000 201,65G Pt l-ludsoll - Wharf Usage 0 0 0 6,150 00 Pt Hudsolr - Morrthly R.V. 1,354 3,000 4,000 21 ,G54 30,000 29,300 P'c Fludson - Nightly R.V. ¿t,11 I t+ 5,000 7,410 240,553 2-10,000 221 ,87-4c Pt þ1r-rdson - Rosel'vatioll Fee 364. 20Q 721 27,293 23,000 2(ì,¿173 Irt Hudsati - t(ayal< Rac[

Ff. Hudson - Bldg l-ease RevenLle (6,357) 2.1,2-50 21 ,266 316,458 255,000 23tj,983 Pt Hudson - Everrt Facili 0 f t,_ï.g-qÊ_q¡,-f'y-g¡-!Fa-c_1!lty-'lllç'uen.it-ç 1,078 50 . ..:!,_e4_6- 1,?99" _,... .J,.99.1 Total Pt Htldson lsro¡tertylsronerÍv RevcnueRovorruo (5,27s) 21,300 21,266 318,404 256,200 239,9!)0

JCIA - Lease Reventre B,466 tJ,067 8,661 1 0o,950 104.,000 9C,823 JCIA ^ l-langar Revenue 1,9G4 1,517 1,785 2^2,1'lg 23,000 23,741 JCIA - Velricle Parl

[1¡rvirorrrnelrtal - Moorage 3,083 ) nat 0 38,1 39 40,000 0 Environrnotrtal - Wolk Yal.cl 2-,4\r6 3,58 3 0 38,796 4.3,000 0 ., linvironnrental Shi¡r Yarcl 1 ,714. 2,917 0 19,086 35,000 0 Ërrvíorrtrrental, Qu ilcelr e 100 4 ì.t 0 ?-,210 1,600 o lìnvironnrontal ', Pt Hudsolr 540 292 0 5,94I 3,500 a Errvironrnelltal - Stornlwater 0 1,250 0 0 15,000 0 E rIy.t p_! t qllut-c-l l.e I : 0 0 0 10,109 0... 0 'f -s !l 89fl)q [9_ç. 'a ,- ^ otal Ëllvir'onnrerrtal lìevelr ues 7 cla2 1 q - 11,508 14,289 !!8-:.:100. ._ 'lotaiQpg1_qli¡1-s - Rqve_nue 352,7 41 332,199 32Br00iJ 4,781,923 4,60-ey'50 __.. 1d_?q,ge3

23 Poú of Pol't Towtrsend Consolidated Statenrent of Revenue & Exponse f:or the Twelve Months Etrclirrç1 Decentber 31,2013

YEâ_8-l.o-P-ArE Decenrber 2013 r Year ¡1,ctual F-q{se!- -lrcr]sel _:E"Uf"gl_ -.P-r.io -Àq!se1--- Operating Experrses:

Salaries & Wages $14.6,170 $124,0S0 $155,036 $1 ,545,533 $1 ,488,960 $1,449,986 Payroll Taxes 14,161 17,05/+ 16j27 171,24.1 204,65?_ 1G4,257 Ënrployee Benofits 19,757 35,452 37,360 478,003 42"5,/120 4'î'î,601 8,000 9,010 r Un ifornr Experrse 810 667 2,?-73 6,176 Contract Services 55,474 11,ra17 28,135 208,082 137,000 150,070 Legal & Auditing 14,572 6,2_50 7,102 122,584 75,000 108,325 O¡rerating Supplies 21,448 10,989 15,143 161,744 131,875 157,523 Cost of Fuel Solcl - Quilcene 408 500 2,176 31,541 1 7,000 2.4.,16?. lVioorage Credit System - PTBII j,866 2,917 1,527 37,76G 35,000 39,608 ïravel 3,789 1,333 42-0 19,561 16,000 20,691 Tlaining 1 ,717 6G7 0 5,4.80 8,000 6,589 lrrsu rance 1!5,125 13,875 1/+,315 169,81 1 166,500 162,294 Claims & Darnages 0 41'l 0 5,585 5,000 1,593 r\clvertis irrg 9,726 2,500 11,233 51,524 30,000 58,1 7B Pronrotion 338 41'r 279 4,o25 5,000 3,271 lVlerrr bersl'rip B. Dt¡es 0 1,66'r 2,178 11,972 2-0,000 1i,663 Comnruníiy Relations 1,006 833 1,018 6,227 10,000 7,2-BB Franl{ Chargcs 1+,236 3,250 2,01 B 54,8$6 39,000 41 ,505 Utilities 'rG,74.s tô ,t2 45,952 483,853 460,000 4.G6,1 08 2l,380 lly.cise'l-ax 955 '1 ,4'rJ5 969 24,514 17,825 Bac{ Debt (4BB) 1,G66 (2,975) (1,857) 20,000 19,634 lVl iscel lan eous lIx¡rotrso 360 334 274 (572]| 4',000 2-,539 lRe¡rair & Maintenairce G,516 22,917 9,689 1't1,134 2-75,000 1 57,91 2_ 3G,95lG .Eç_g.r-reru.D_e_v_ql_g.p_lle.I_t 0 2083 0 25.000 25,000 . .-f "Q.p-u-m!iru-þäæ.ll!9*i1'¿9-Qg¡L¡ç.c'-a_!j"ô-u...... -. . .-3.!1,_6_9!__. _.._ 901-.!!._3 . .. _9-59,?-.a9 - . -.9"'7.91'.9-ä3- *-- -3-'92f:,?"-?? - ä3?'Zq? lncolne fronr Operatiorrs w/o l)e¡rrcciat (38,954) 31,096 (22,2-4.6) 9BB,10o 985,2',i8 997,111 1,3?qr4-9.0 .D*oÌ!g,;tqtiqt_Eåp9u99:. _11g/gg_ __ .11_ql_q1q- 1.9.p-,39.1- . ... .-....--:f----'.-.--.1,364,235 - -.. *1,"1:1/-L0Jp (3'16,135) (3_/11,7,"12). Ilrqq&eÍ9,u::-9-psr-clgns-y:t*l: _,ept.g--c-!-l ". ".-fl it3,"9"e_q _ _*-(Z.?.f-f:Ð. "_._ß3_q.,q_g9l - -(iì'i.9r965) Norr-Operatirrg Revenues :

ln vestllr ent I rrterest 1,022 1,250 1,251 13,37',1 f 5,000 14,542 O¡:erating Tax Levy 73,561 73,813 ''Í4,067 884,62.2 885,750 877,783 Stafe Forest Reverrrres 1 ,318 I,AG7 0 9,196 20,000 24,831 State Tí¡nbcr Excise Tart (336) 0 0 37,593 20,0 0 t) 35,357 Leasehold Excise Ta>< 1,360 1,167 1,625 0,912 7,000 6,979 Grant - FAA 303,910 0 18,094 337,626 0 124,200 Ca¡rital Confrilrrttiolts - Non-O¡t 0 0 16G,590 0 0 1 66,596 l*ate Fees 1 ,619 1,667 1,617 16,584 20,000 18,433 0 0 gr N gl-."9 p-s n 0 0 0 -Q t r.r l i "g Jl 9_v-9"'t_!Le_ l_,5!8. - 1,2ø4,',12,1 Total lrlon-O ¡reratin ç1 Reven r¡ e 3tJ2,454 79,56/t 263,250 1,307,410 Þ07,760

Nott-Qpelating Expettses :

Ittfelest lix¡r - 2005 LI-GO Bond 15,G30 15,630 14 ,7 13 189,5s9 1U9,560 193,059 lntet'est Exp - 2006 l*'fGO Ref lSorla' 3,391 3,391 931 44,456 44,456 51 ,924 Intorest Ëx¡r - 2010 LTGO t3ond 10,579 16,7 57 16,757 200,910 201,0BB 202,428 lntelest Ëx¡r - 2005 lìeverrLre Ref 13olrcl 7,25(l 7,2.50 7,385 1Q1 ,812- 101,'J2.0 118,232- Irrterest Exp - 2013 Reverrue F.Ìotrcl 1,480 0 0 11,250 U 0 Interest Ex¡r - f.-OCAI- Filrrcl l¿tr 109 1/44 1,451 1,5?_7- 2-,2-78 lr¡feresi Ex¡r - CER13 [-oarr 917 f)17 0 1?,375 12,375 15,1?_s Borrd Marragemerrt Fees 749 '100 602 1,872 1,20O 1,506 lSotrcl lssue Costs G,U96 0 0 6,896 0 0 lllrrestrltertt Feos I B3 19 2_20 1,000 211 0 ')9'1?9 0 li lSç!_o.! _E¿p-e !-s 9-. .. 6,244 0 _9a-,.00_Q ' . . qp{,¡gg r 59,219 +b,sst 5-BI¿le 1" 9.!t I "ll_o1¡_o-p-9l.qf i'_ì,cLF Xp 9 I 9 9 ... !!,?-.17 þ.i9!,0-?1 .. 3qo.Z?g !:lç"f ll.gr!.t¿Jlr-ç-o-l-ts-(Expe!:le-e-) 323,235 35,32'/ 2_7-2,699 . 11Q,17.1 - _ -q/9.,.9Þqr lrfet lncolne 164,q45 92,090 39,s17 359,99 3 ,- .,. $!,11q\ ?-11,Q19 24 December 2013 Operating Revenues

Tota 1 = $4,791,,923

1,400,000

1,200,000

1,000,000

800,000

600,000 I 2010 .2071 400,000 12012

r 2013 200,ooo

0

,oE {o(ò a"t. Þ' .-."* Y €Ñ .-o"" ^"S' *t" $tl* "J,gù' ""-C f* ..4"" óe' e' q,a'

"t"" t"'"*

25 December 2013 YTD Operating Expenses Total = $5,159,058

52,100,000 s2,000,000 51,900,000 51,800,000 s1,700,000 s1,600,000 s1,500,000 S1,4oo,ooo S1,3oo,ooo s1,200,000 s1,100,000 s1,000,000 ¡ 2010 Seoo,ooo Ssoo,ooo t2OI7 Szoo,ooo tzOLz S6oo,ooo 2013 ss00,000 r 5400,000 S3oo,ooo s200,000 5100,000 $o

26 Port of Port ïownsend PTBH / SH¡P MOORAGE For the Twelve Months Ending Decetnber 31, 2t13

YEAR TO DATE Decenrber 2013 Actual -Er(ctet Btrdset Prior Year _ -BIel-YggI- -.-49!!gL- v l5 Revenues ,", iì Ì:; iÍ fl(oorage - Pernranent $70,950 $77,e17 $70,841 $872,090 $935,000 $886,107 t:, f\4oorage - Ship 1,236 2,500 2,969 23,83s 30,000 31,840

Èì Erìvíronnlontal Fee - Moôrago 0 0 2,256 0 0 28,138 ji Liveaboald Fee 1,365 '1,583 1,4s5 18,335 19,000 '1 9,110 i: Work Float Usage 0 146 '100 0 1,750 1,466 l_. Lift Pier Usage 75 146 2,505 1,750 1,212 i Monfhly Guest Moorage 10,87'1 7,083 7,060 121,039 85,000 98,298 Nightly Guest Moorage 2,849 2,500 2,387 '1G0,214 170,000 1 51 ,356 ffloorage - Noll LET 0 0 0 2,907 0 0 Electric 10,262 7,500 8,284 80,94I 90,000 83,067 c ona Miscellaneous Reverrr¡e ¿ot 833 200 7,816 '10,000 Showers 1,551 1,300 1,256 21 ,OBB 20,000 19,652 Laurrdry 384 300 313 6,1 76 6,000 6,117 Reservation Fce 0 0 0 63 2,000 105 'l'otal '-le,830*-.-l¡î;6õõ- "" Revonuos b7,ra6'-- 1,3'1 7,617 1,370,500 1'332,371

Operatirrg Experrses

Salaries & Wages 18,047 13,333 15,682 194,974 159,992 200,783 Payroll Taxes 2,038 2,104 2,703 23,523 25,254 27,441 Enr¡:loyee Benefits 5,618 3,099 9,024 60,464 44,392 57,624 Uniforrn ExJrcnse 344 50 242 62-2 600 664 Coniract Sorvicos 9,698 2,425 5,2-94 36,907 29,100 35,451 Ol)eratirìg Supplies 3,189 'J.+ /. 236 7,424 6,500 9,318 Postage 17G 250 728 1,927 3,000 3,224 Janitorial Supplies 2,1 09 'î ,08 3 BB1 15,385 13,000 13,777 Fuols & Lulrrícants B9 7E 65 836 900 965 '119 Ship Yard Pernrit 0 0 0 0 0 Tlave l 0 42 0 0 500 0 Trainirrg 050 0 0 G00 110 lllsulalrce 3,802 3,042 2,878 37,784 36,500 34,913 Claims & Þanrages 442 0 0 500 1,545 AdveÉisirrg 1 383 2,036 9,93 2 4,600 9,911 53 .'AÊ Pro rn otio ¡r Õ21 0 250 0 Barrk Clrarges 940 575 407 10,14S 6,S00 6,929 Utilities - Wâtor 2,500 1,000 5SC 13,810 12,000 11,358 Utilitìcs - Eloctricity 9,261 5,167 8,53G 61,682 62,000 71,955 Utilifies - Sewel 2,509 875 652 '14,008 10,500 12,383 Utilitios - Garl:age 5,948 3,000 2,051 39,747 36,000 36,422 Utilities - Fuels 1,739 417 /+0J 6,3G0 5,000 5,557 Utilitíes - Teleplrone 2,050 1,000 746 10,388 12,000 9,20B Utilities - Callle/|.'l-. Se¡vice 184 117 141 1,972 1,400 2,336 Excisc Tax 1 65 333 1GB 4,762 4,000 4,766 Bad Bebt Ex¡re nse (4BB) 167 3,837 (1,746l. 2,000 1,002 lVlisceltaneous Ëxpense 1B1 B 40 (917)(s1 7) 100 (100) Cost of Moorage Credit SystôtnSystônt 1,866 Repair'& Maíntetìarìco gZ7 Af locâtoci A & G Ex¡rense |J4,S3S G 0 9_e- ".-. -jp-f4.0"p-,- Net lncorrre (Loss) w/o Dept.eciatiotl---"- (S7,S70)-- (

27 Port of Port Townsend WORK YARD For the Twelve Mo¡rths ËndinE Decernber 31, 2013

YEAR TO DATË, Decernriq ::2919- Actual Actual BuÉ99!- Prior Ye-ar' __EgqS{_ _Bfrel_Ygqf -..... -- .. Revenues

Envirolrrnental Fee - Work Yard $0 $0 $2,132 $0 $o $35,705 E lectri c 563 30 1,701 400 253 Liveal:oard Feo 130 B3 130 1,723 1,000 1,967 Miscella rteous Revonue 4 4.17 12,633 c,558 5,000 24,798 Hoist Revenue 8,466 9,000 7,599 223,840 220,000 21û,385 Washdown Revenuo 1,155 1,500 1,167 37,278 40,000 35,845 Yârcl Revenue 37,318 45,000 37,648 415,2,77 500,000 396,059 Yard Rovenue " Nolr LEI- 817 0 B4B 75,226 0 77,0G9 Lorr g-Ternr Stolage Yald 5,365 5,417 lr,748 G0,921 65,000 58,81 1 Blocking Rent 993 604 s,235 10,000 7,252 Blocking Rent - Non LET 0 Õ 0 151 0 975 Tarp Pool Revenirc 450 3q.0 17,54f: '[otal *..**Lqgl__ - _._2-q,!gq*"..-1q¿23 Revenues 55,26'1 63,9S0 68,919 849,452 86',1 ,400 BG7'2BB Operafing Ëxpenses

Salaries & Wages 17,864 20,953 26,217 2s5,338 251 ,4sg 2gB'022 Payrofl Taxes 2,276 3,308 4,102 34,368 39,692 38,21 B Employee Bonefíts 6,299 5,814 15,005 s0,1G8 69,764 87,115 Ulrifornr Ëxpense 0 189 390 1,560 2,270 3,0?-1 Contract Services 378 200 '10,335 4,064 2,400 14,566 Operating Supplies 928 833 3,303 9,072 10,000 12,481 Tar¡r Pool Ex¡retrse 1,441 625 0 8,21 6 7,500 I,$05 Postage 4¿ 67 203 525 800 879 Jartitot'ial Su p¡rlies 27G 142 1',ÌO 'i ,935 1,700 1,722 Fuels & Lubr¡cants 119 s17 321 1Q,227 11,000 13,851 Travel 0 420 0 500 873 TlaÍrring 0 580 0 700 185 llts rrra rl ce 1,632 1,750 1 ,739 20,347 21 ,000 20,933 CIa¡ms & Darnages 0 125 0 1,698 1,500 48 AdvertisÍrrg 0 383 3,205 6,426 4,600 10,565 Prornotion 0 oa 0 950 1,000 804 Bank Clìarges 1,313 'r ,000 77 4 17 ,717 12_,000 12,945 Utilities - Wator 567 125 233 3,494 1,500 1,929 Uiilitíes - Electricity 3,578 2,500 4,78'1 25,303 30,000 3G,142 Utilities - Sewer 366 833 899 B,OOB 10,000 10,983 Utilíties - Gallrage 3,326 2,000 1,494 27,817 2"4,000 23,199 Utilities - Fuels 461 0 0 2,G01 0 0 Utílities - Têlophortô 1,003 500 348 5,077 6,000 4,703 Utiiities - Cahle/|,T. Service 0 21 09 250 174 Excise Tax 12r3 333 377 3,882 4,000 4,447 Bad t3et¡t Ex¡lerise 0 1,142 (6,812) (624) 13,700 9,068 Miscollancous Experrse 0 BO 0 100 0 Repair&Maint-70-Toll 0 583 0 2,142 7,000 3,257 Rel)air&Maint-75-Ton 1,408 750 0 3,71 3 s,000 3,897 Rel)a¡r'& Mâintenanco 419 2,083 2,065 4,037 25,000 19,347 A]loq_q¡_qdé S_c E¡pen=" 52,130 38,178 52r32s 172,608 152,711 108,520 Dil_gç!_Qpg-.!:a!!,lg=.F¡Le_Lsês e5,e74 85,545 121,420 710,Gs0 .7-?1,.1?j9-. **------(4o;7îff"-tl¡lssi) '.- -_,8.1"i.,1-9_9 Net tncoino tTo-ssñø oorii:cðiat-iõn (6r;s01i 138,762 140,274 55,489

sc .?glrs-ge!] $. Ç-¡¡¿911 .. ..-t""0-,.19":! :11.q1-6 (1!535) 171",9'9s-.. 13?''-.?.'9 "----l9q'4--6J Not lrlcorlro , _glt,ia¡¡ . t¡2,pitl ..-..,(4p,scc) ,.=,,,,=.,=(39,r1!.f1) _=.,=_.=_!:Bl_3 =.-:i_93r9]l)

28 Port of Port Townsend ENVIRO NNfiËNTAL For the Twelve f\f,onths Ending Decemher 31 , 2013

YËAR TO DATE *4999¡iþ9r .- 2013 _ Actual -.plqgg1_ .P$or Yqet _ 4!t,tal_-_.. __ FHqgnt . .Prior Yo-il Reven ues

Envilonlnelltal - Spill Response $0 $0 $0 $1 0,10e Environnle¡ttal Fee - Point Hudsotr 540 292 0 5,949 3,500 0 Environmelltal Fee - Moorage 3,083 3,333 0 38,1 39 40,000 o Environmêntal Fee - Quilcene 100 133 0 2,210 1,600 o Envirolrmerrtal Fee . Work Yard 2,496 3,583 0 38,796 43,000 0 Fnvironmerrtal Fee - Ship Yard 1,714 2,917 0 19,086 35,000 0 E n vi ro rr m enta I' S_!_oI]Jwq!gl_ 0 o o 1_9,qq!-- o ì.; .__-.:L 1.250 2 . Total Revenues 7,933 it,soa o 114,289 138,1oo o ia ì: Operatírrg Experrses

Salades & Wages 6,739 6,426 o 52,051 77,'103 0 Payroll Taxes 740 1,014 0 G,368 12,171 0 Ern¡rloyee Berrefits 2,023 1,783 0 16,250 21,393 0 Urriforrn Expense 0 13 0 c1B 150 0 Corrtract Sorvices 8,602 1,429 (95 ) 36,951 1 7,1 50 o O¡:eratlng Supplles 2,305 417 0 1G,200 5,000 0 Fostâgo 170 05500 Ship Yard Permit 00 0 1,0G7 0 0 Travel 109 0 o 1,284 0 o lrrsu ta nce 298 0 0 2,822 0 0 Adveftising 00 0 'lB7 0 0 Utilities - Garbage 186 0 0 4,027 0 0 Ufitities - Telephono 92 0040000 Repair & Mainterrarrce 236 o (3,334) 2,7s1 0 o q.qgB- q. 211823 . ., .. ?!'P.9-.*."¡,qe'_.___ -,- ". ------s,fg$---. ------.. -", q -31,04s 16,537 ___l!,.{?9L-_..,.-.J6s,210f 65,210,210 _..,_.*1-9_4_,19.9-._____..,_ (23,112) (5,029) 3,479 (50,921),921) (16,690) 0 Dqlrrociation Expqnse 2rq_9-g.--_'_?Ég!_ Not lncome --_*._ .{25,208) _---f7rg*S?) *:!:Llï

29 Port of Port Townsend SHIP YARÞ For the Twetve Months Ending Decerirber 31, 20{3

YEAR TO DATË Decenrber_ __F_q_ Plio¡' Yoal _ .Ag-tual __E_g!_S_St - *Èqgse[ "-Bþr-YeÊr- -AsJlL?-L* RevenLres

Envíronmêntal Fee - Ship Yard $o $0 91,227 $o $0 $ 1 6,476 Electric 3,526 1,250 1,580 23,348 15,000 17,842 Liveal¡oard Fee 0 0 130 (130) 0 228 ,150 Miscellarreotrs Revent¡e 0 0 1'''191 1,800 2,105 Hoist Revenue 6,934 7,083 8,903 't 10,389 B5,000 1 16,150 Washdown Revenue 1,704 1,500 2,156 21,813 18,000 19,9G6 Bilge Water Revelrue 210 150 0 3,02-5 1,800 1,992 244,110 Yarcl Reve nrre 41 ,377 23,7s0 21,tì10 29ç,274 285,000 Yarcl Revenue - Norr LET 2,744 0 4,036 50,296 0 6 2,406 Ãt Blockirrg Ront 0 125 0 1,500 s21 Blockirrg Rent ' Norr LET 0 0 12 0 0 75 TaÍp Pool Reveliue 920 833 835 12,755 10,000 '1 1,925 Marine Trades 3% Revelruo 12 f OB,BGI 55.000 91 ,100 -AfuJoo Total Revenues 78,228 39,424 40,707 927,874 - sos¿sõ Operating Expetlses

Salaries & Wages '12,38ß 9,253 12,854 131,6S4 111,036 129,478 15,ß42 Payroll Taxes 1 ,381 1,461 1,366 15,946 17,528 Em¡rloyee Benefits 3,809 2,567 6,244 40,805 30,808 36,627 Urrifor'nt Experrse 0 73 1BB 553 870 959 Corltrâct Services 0 692 13G 9B tì,300 2,059 Opet'atitrg Suppl¡es 634 542 3,449 G,9G2 6,s00 9,357 Tar¡r Pool Expense 2,024 375 0 B,l BG 4,500 6,603 Postage 0 19 41 90 225 1G4 Janitoriâl Suplrlies 138 75 ÊË 968 900 861 Fuols & Lubricânts 0 /+17 132 1,707 5,000 6,201 Shi¡r Yarcì Pernrit 0 5B 0 0 700 707 Travel 0 25 0 0 300 B0 Traínirtg 0 25 0 0 300 221 Insu rance 1,141 1,147 1,288 14,573 14,000 14,1?-7 Claims & Dânrages 0 125 0 3,BBB 1,500 0 Advetlising 0 383 3,205 5,385 4,600 10,21 B Frornotion 0 12s 0 172 1,500 0 Bank Charges 1,240 lt'17 2_08 8,2,11 5,000 5,216 Utilíties - Watcr 280 50 42 793 600 548 Utilities - Electricity 4,508 1,500 2,345 25,242 18,000 22,252 Utilities - Sower 245 7Õ 73 1,686 950 932 Utílities - Garbage 1,067 583 567 7,015 7,000 5,905 Utilifies - Fuels 59 0 0 2,139 00 Utilitics - Te lephone 300 125 138 1,569 1,500 987 G2 Ufilities - Cable/l.T. Servicc' 0 Õ 0 0 100 Ëxcise Tax 490 208 19G 4,465 2,500 4,474 Bacf Bobt Experrse 0 167 0 0 2,000 0 Miscef lanoorts Exporrso o B 0 0 100 0 Relrair & M¿r¡rìt - 300-Toll Repair & Maintorralrce gi, Alles-{!e^q*A E¡p.ç_I I r¡- _ _ õi'";clÞi e".Filre[eÊs *i¡. o;,i¿;iLos s ),¡¡lõõe r¡ reðlã t¡ ó ri

r g 9_9.p t:p çj l.t _"¡ l=.¡l 1_s-.c: Net lnconre

30 Fort of Port Ïownsend PTBH PROPERTY RËh¡TAL For the Twelve Months Ënding Decem[:er 31,2t13

YËALTO DATÉ Decernber 2013 - - Actuål _ _ !ttdg"l_ Prior YcaL .- Actual - --F-!39-e!- --e!-qr-I-93i- Revenues gZ94'220 Propeúy Lease Rovenuc gG4,S14 $42,500 $24,854 $4.76,915 S510,000 lncl Þarli Bldg Leâse Revenue 0 0 1G,929 0 0 200,760 Stofâge Unit Revenus 524 833 654 7,075 10,000 B'860 Fuel Dock Leaso Revolrue 1,004 1,200 921 19,961 25,000 21'3Os Electric r,zog 200 26B 13,551 2'400 2'485 11,317 il Utility Reirnbursernent 0 1,000 592 0 12'000 Mjscqlli.neovs Revgnue ___-.=._"___-.0. *n+,ziB ÍoiätnevônLi - --6i,ilil - 4,sr?3s 517,802 55s,400 538's47

Operatirtg Ëx¡rerrses

salaries & wages 2,11G 4,ß37 2,183 39,448 55,G47 39,795 Payroll Taxos 262 732 313 4,906 8,784 5,014 Ërn¡rloyee Benefits 716 1,28'1 2,105 12,253 15,440 11'480 Uniform Expense O s 19 o 90 60 Côrìtraôt Services 2,354 111 160 3,615 1 '330 963 Operating- Supplies' 0 21 11 519 250 400 Postage 42 63 192 494 750 835 Fuel&Lubricant O 0 0 16 0 0 Tt'avel o B o o 1oo o 17 lnsr¡ ance 980 1,500 1,436 14,736 18,000 '279 Bank Clrarges 15 21 42 '122 250 503 utilities - Water s14 417 314 5,318 5,000 4,876 utilifies - Electricity 720 375 618 5,3G8 4,500 5,538 utilities - sewer 1,31 3 1,000 856 10,737 12,000 12,46G utilities - Garbâgê 1,464 708 736 9,628 8,500 9,035 'l 537 utitities - Fuels 5 5 25 31 ,353 300 Utitities - Telophorre 134 58 B3 782 700 670 Utilities 'Cal¡ie/|,T. Scrvice 92 0 7 158 0 207 Excise Tax 7 17 7 240 2oo 249 1 Bacl Þebt Ëxpense 0 42 0 312 500 '730 Miscellaneous Ëxponse 0 B 0 23 100 29 9,152 51,000 21 ,666 97.166 I 01 ,83'1 106'075 -- ". 41-q,"99-? "- ryt,zJ!- "*-1lX'flf ,ll 3oo,B5o- 274'128 299,540 p9P..F.!!.4-!q|'FXpe,lÞq-..11,?gq--,.....--,.1.?'Él.q..--._-..-p'2!--.-_--_!qí9-5.-.J9B'9.p] r,retliiõonie ==;-r,g_!q0.e.--::,*_;g;mi-.:;-g__st __.*":!.9.?-,'.1'q *"_*Æ_9.¿q_l

31 ii $H ÞÞ Fort of Port Townsend ir POINT HUDSON PROPERTY RENTAL N:i For the Twelve Months Endirrg Decemkler 31, 2013 n YËAR Tq-DATE lt Deco[r l¡el 201 3 ,rj -- Budrct Pt ¡or Yêar i1 Bt¡detot , Prior Year x li Reve n ues i{ il: l;.;. Property Lease Revelrue ($1s,533) $21,266 $227,885 $255,000 $238'983 w $21,250 Ploperty Lease Rev - Norr LET 13,179 00 88,573 0 0 i1 Ëveìrt Fãcility Rovenuo r,oz8 ._5_9_*----.----et,ä66*-- --0-* _J,949---*-J,4.!--^+'9.91 iì Total Reve,,ìues ----6ø{-"--ú,900 - 31S/04 256,200 239'990 lì ?ì Operating Exporrses aì operatingsuppllos 0 0 0 0 0 22 Porrnits0020B002B4 0 salaries & Wages 6,652 5,5765,s76 2,455 72,032 G6,915 43'B0B Payl.oll Taxes 825 BB0BBO ?-26 B,BB2 10,563 5'493 Ernployee Benefits 2,252 1,547 1,377 22,483 '18,506 12,47s Unii'orin Experrse o Bo ?-1 o 90 Å2 corrtract services 2,862 153 4,32s/+,325 1,2161,21 6 1'830 4'325 O¡relatirrg- Supplies- 0 17 720 1,233 200 1,293 Fostage o 21 50 111 2so250 210 t-ravot0B001000 800 100 lnsLrrance 841 667 775 9,230 [ì,000 B'228 AclvertisingoO00o2oB 000 0 0 ËÌankClrarges 0 SB 000 0 100 Utilit¡es - Water 1,27s 500 598 6,297 6'0006,000 6'4s7 utilities - Electricify 1,710 1,000 1,189 10,415 12,000 15'950 utilities - sewer 1',604 417 840 8,314 5,000 9,50G Utilities - Garlrage- 0 167 200 1,2251,2?-5 2,000 2'400 utilities - Fuels 4,104 167 1,2151,?15 14,326 2,000 9,G9u Uiilities - Tele¡rhorre 79 21 65 1,320 250 49ß ExciseTax 0 0 0 133 0 0 ßacl Delrt Exlrerrse o 4.2 8,601 0 500 7'G36 l\4iscellaneousExpertse 0 BBO 0 0 100 0 2,204 1,250 321 32,559 15,000 19,41 6 45'X?9".'-- - -27-ß99------:LÅ-5--5------l!'Q91 - - -J4..5-31- .1I'3"9-q .--..:52,2s_s______?Lqj2__,,---'F7;781)--- -_-" øl;:å, - l9t9-81 ** $4-s-a recra¡orì t¡¿¡oz) (z-,814- -3_9-¡4i s¿ Ñ1 61'316 44,736

g c- Q--e"p r ie.tip_[ F ¡.1æ.1,s-e Net lnconre

32 Port of Port Town$end POINIT HUDSOI{ M/TRINA & RV For the 'lwelve Mo¡r'chs Ënding December 31, 2013

YEAR TO DAÏË peçqlr.Þ--e-t. -.-?[fg---l tual __pll,{S..I_ -P_rlotlgafPrlor Year Actual -_B!4^tt9t Pt.iqr Yeat,- * Revetrttes g ,Ì Moorage - Pelmanent $8,182 $7,750 $8,9G5 $103,3S3 $93,000 fì90'973 ii Ënvironrnental " Spill Res¡rorrse 00378003,729 i¡ Liveaboard Fee 650 3,70s 3,400 3l38o lì 650 450 it: Morrth ly Guost l\4oorage 32'230 l, 8,831 4,600 4,935 46,662 40,000 Nightly Guest Moqrage z,oot 2,000 2,442 220,103 200,000 201,656 Wlrad Usage 0 0 0 6,150 0 0 :: Moorage - Non LË'f 474 0 780 9,37G 0 9,3C49'3C4 29,300 Monthly R,V, Revenue 1,354 3,600 4,000 2-1 ,654 3o'ooo30,000 Nightly R,V. Revenrre 4,674 5,000 7,41Ô 240,553 210'000210,000 221 ,824 Kayak Racks 300 200 2?,s 4,936 3,000 3,722 f\4iscel laneous Revenuo 364 2oo 721 27,293 23,000 26,87326'873 G,331G' 331 Showers 334 4 00 252 8,112 8,000 Laund ry 579 4.00 323 7,022 7,000 G,591G'591 Passenger Fee 0 o o 4,132 3,000 0 Electric 1,583 1,667 1,694 2.2,402 20,000 20,351 Miscotlarreous Reverìue 1'.989. G3Ð--?qs-.-" --- -8.ç.---- - "- -?''9-q-q .- ---.:l'?'T!', Total Revenues 2e3oã-:o-/ti529,363 26,475 32;it4ö---7ñI4i-32,840 a¿z,soo 65e,5s1 Operating Exponscs

OpêratíngSupplies 0 0 0 00?-2 Safaries & Vvages 3,739 13,390 9,74s 14.6,91 3 160,685 128,355 Payrolf Taxes 1,202 2,114 1,75B 19,065 25,3Gs 18,320 Employee Bonefits 3,292 3,715 4,927 45,04'l 44,583 3G,4GB Unifonn Ex¡rerrse gZ 50 f30f 30 229 600 755 Contract Set'vices 4,3/+4 2-,388 3,527 35,094 2-8,650 29,846 Operating Sul:plies 409 333,4.) 108 7,296 4,000 6,070 Postage 42 S050 1s3153 391 600 G94 Janitorial Supplies 1,054 583 o0 7,6G0 7,000 7,051 ïravel 0 17170 t 0 2-00 0 Trairrirrg 0 25250 0 0 300 110 Irrsurance 2,162 1,s331,533 1,592 20,486 18,400 18,153 Ciairns & Darnages O 42420 O 0 500 0 Advottisirrg 9,437 1,250 2,401 23,s62 15,000 22,5G9 Prornotion o 21 30 1,321 250 508 Barrk Charges G5s 1,167 54G 16,s83 14,000 14,922 Util¡tíes - Water 1,308 667 780 0,928 B,000 5,119 Utilities - Electricity 3,C1 9 2,667 3,752 36,321 32,000 29,542 utilities - sower 2,015 1,000 1,222 11,174 f 2,000 10,643 Utilitics - Garbagc 472 2-,9172_,917 68B 7,057 35,000 13,273 Utilities " Fuels 2,403 S33('.1.) 507 G,9 85 10,000 9,533 Utilities - Telephorre 1,390 7t3O7!30 577 13,982 9,000 6,700 Utilities - Cable/f .l-. Servicc 958 6G7 1,365 7,938 8,000 8,72G Excise 'ì'ax 119 50o500 'l 38 T,527 G,000 5,942 (31 Bad Debf Exl)ense O 42/+¿ (8,601 ) e6 500 ) Miscollanoous Ëxporrse (67) tÌ() (25,(25) (1,583) 100 (Bs) Repait' & Maìrttenanc e 292 583 114 8,281 7,000 8,865 32,S96 2îJ,494 27,340 13s,Q?å_- .._- 11.?,97_q_ . .-l-1!-s-,q4? ^- j.gl'e--0q * *lrö¡¡t)"*-*ii(),a5¡.-- --qoÆq - -:":SeJrrr- älll. -: -- - ô', ---?i'øI--..- lit;fgöi- - -*iril,a3¡j -:qqi-r¡t------çq-1¿qp15e,261 81,1e?- 157'643

PErgç-iÈliqL _-expel q q 15,125 14,578 lilct lncontc - _{q.Z,?0,9) . ,"(!p.,-s09)

33 Fort of Port Towtlsend QUILCËt{ Ë For ihe Twelve Months EndÌng Decetirber' 3'1, 201 3

YEAR TO DATË -* 20-13 i+ -- ä *le!Lrl__. Prior Year . Budget Prior Year 'f);' ü Revênues a ilj Moorage - Perrnanorrt $1,e1B $3,750 $2,3 20 $35,206 $4 5,ooo s41,576 E¡rvironrnelltal Fee - Moorage 0 0 B4 0 0 1,863 Nightly Guest Mooraç¡e 0 0 0 2,662 1,600 1,843 Nightly R,V, Revenue 0 0 0 1,11G 500 1,O72- i:,: 2_09 3,000 2,577 irì Eloctric 2_54 250 2,079 i:i Showors 240 120 270 2,580 1,800 2,650 :, Fuol Salos . Diesel 0 100 f ,Bg2 I C,B09 5,000 13,980 Fr¡el Sales - Gas 477 500 674 17,682 15,000 12,478 Plo¡:erty Loase Rerrertue 4,686 4,667 4,G03 55,399 56,000 52,033 Rerìtal Prôl)elty l?everrue 500 500 500 G,000 6,000 G,000 \i'Vater 51 0 667 532 6,{J98 8,000 B,624 Miscelìaneous Reverrl¡e Total Revellues t;"o¡ts -'--to,stT----i i,ö90 146,s21 142,100 144'0e0

O peratitì g Exl)or'Ìses

Perrnits 0 0 0 2,4s 0 240 Salarios & Wages 369 1,490 595 11,059 17,881 1 G,001 '¿,02?- Payloll Taxos 4G 235 /,rl> 1,358 2,823 Enrployee Borlefits 413 280 3,462 4,961 4,560 Urriforrn Ex¡rense 0 5 0 90 13 Co¡rtract Selvices 4,704 1,523 1,5'1 4 1S,110 18,275 18,386 'l Ëire Protection 0 öJ 0 1,000 1,000 ,000 O¡relatirrg Su¡r¡rlies 19 42 141 3Íì1 500 B/+B Postage 0 2_5 75 150 300 300 Jarritolial Su¡rplies 428 67 0 1,350 800 BB1 Cost of Fuel Sold 408 500 2-,176 31,54.1 17,000 24J.Gz Ttavel 0 t¡i 0 0 300 0 ïralrr iu g 0 17 0 0 200 1'10 6,684 ltìsLlfa n ce 5l tJ 579 557 6,G OG 0,950 Clainrs & Dalrages 0 42 0 0 500 0 Atlver'tising 0 2L; 0 0 300 ¿Õt 321 Barrir Charges 37 21 0 911 250 Utilitics - Watel 900 0 0 2,603 0 0 Utilíties - Electricity gri8 458 L\2 5,95 2 5,s00 6,O74 Utilitics - Sewer 00 0 150 0 0 Utilities . Garl:age 174 117 aJt 1,465 1,400 1,408 Utílities ' Garbagc 0 0 0 31 0 0 Utilitics - Fuols ,175 125 200 1,451 1,500 1,343 Utilifies - Tela¡rhorre 417 183 7-08 2,',l05 7-,200 ?_,373 Excise fax 43 42 47 646 500 ôBB Bacl Dollt Exl)êtìse 0 42 0 0 500 0 Misccllancoils Ex¡rense 0 o 0 0 100 1B Repair & Maintonance a.) 1,667 10 6,702 2-0,000 2,927 AJlos¿t_qll_åG_F,nrsr_"s .. __. q,¡9_5 . ?.9.-q.,Ì/-. _ ,?\19.? ___-. -.-J.7,1.7.1. _.. .Q1p-c_!_p-¡¡-qq_4_tln-q_-ExÞonse-s .:14.9-83.. 1.?.-!,?41 "_ --.-L?-e-'W7'-. -li!-q,q:1:i l{et lttcotne (Loss) w/o l)opreciatiorr (9,036) (3,464) (3,2-93) 1B,5B() 13,078 26,185

p-s p.te i 9 ilJ 9 II lixp_

34 Port of Port Townsond BÜIÀT RAMPS For the Tr¡velve lt/lonths HrTc{ing Ðecember 31, 2013

YEA[-]9]]4TË Decenrbel' 2013 Actuat Prior Year Actual __år.'ggg-t_-_ .- ---EgÉSigi: -!-LSI-Y-e..3-r- Rêl'enues

Boat Ratnp Foes $62-0 $400 $987 $33,504 $30,000 $33,290 Dittglly- Fl oAt Reve n ri e 0 0 13r B3B _J,q!g* -".*__.J.,ng_ B i!:: Total Revenues 620 400 1,124 34,342 31,800 34,337 ii. ä1 f:iì Operating Ex¡renses i-.; li Salaries & Wages 1,115 1,287 919 15,495 15,443 13,373 Payroll Taxes 137 203 152 1 ,910 2,438 1,661 ii Ernployee Benofits 378 357 699 4,83 8 4,285 3,85& Urrifonrr Expense 0 B ö 0 90 34 O¡relating Supltlies 1,199 67 379 1,396 800 1,070 Insurançe 107 67 64 1,?"48 {100 768 Prorr¡ otio¡r 45 125 249 630 1 ,500 1,959 Bank Charges I 25 14 3G4 300 273 Utilitios - Electricify 127 50 69 52tì 600 581 Utihties - Ëloctricity 2B 13 29 195 150 170 Utilities - Sewer 157 oâ 7B 939 1,000 939 Ufilities - Sewer 157 ÕJ 939 I,000 939 Utilities - Sewer' 1tt7 B3 7B 939 1,000 939 Utilities - Garbage 62 33 31 344 /+O0 377 'l'ax llxciso 0 44 ?_0 567 525 598 Bad l)ebt Experrse 0 0 0 0 100 0 l\4iscollaneous Exllensc 0 , 0 0 ztj 18 RelJair & Mairttenance 7 0 0 ?_0 00 Repair B, lVIa¡tttenatlce - Mats lvlats llanrp 0 125 0 0 1,50û o Repair'8' [\4aintonancc - Gar,rliner llanr¡r 0 B3 0 0 1,000 596 Repair & Mair,tonance " l-facllock Rarnp 0 12s 0 30 1,500 682 Ro¡rair & Mainterlarrce - PTBII Ratì1p 083 0 150 1,000 o 6,148 4119ç-+-t-e-q_4"_& _g Eä2er$.t_ 391 1,409 53f' 6.307 5,638 Þi 9Jl.erryp9.l3!!-qrect Otleratltrc¡ Ex¡¡errses 3,406 _p_-6"!.q!9_ !1,99.*_-_._. EILre!l-q9!-..- -- ..-..- - __ - -. -911.,_e_9Q Nef llrcor¡le (Loss) w/o De¡rreciatíorr (3,456) (3,963) (2,2821 12,4.Ð',/) (e2s4\ (C46)

Peue.sie-f Ie..[-Frc.ts-e ...... 1,11?.* ..".. - ..1,"1.81- Net lrrcolne - -- -__._-j-4-,.är?g ) ._. -.. _ LqJ.!?.,)

35 Fort of Port ïow¡rsend JC¡A lïor the Twelve l\fior-rths Ending December 3'1, 2013

YEAR !:9 !4ÏË Þecenlbel j-c-!geL- Year Actual __E_ugsg!._ _SLjgLv-e4- --- Budget Pr¡or Reven ues

Loase Reve¡lue $8,46G $8,667 $8,661 $100,950 $104,000 $;9G,823 Hangar Reverìue 1,904 1,917 1,785 22,179 23,000 23,741 Velricle Parkìng Revenue 0 63 0 720 750 930 Aírcraft Parking 0 1ß7 9¿) 1,229 2,000 1,555 Lancling l;ee 0 o 0 32 100 53 Miscellaneous Revenuc. 0 o 0 0 100 0 Fttel Lease Revonue -- 100 200 113 3,369 4,000 *__4Å$ Totâl Rê\renues 10,590 11,030 io,csã 128,479 133,950 127,417

Operafíng Exlretìsos

Safaries & Wages 2,604 4,453 2,2G5 38,795 53,434 31,892 Payroll Taxes 3'15 703 309 4,820 8,435 3,982 Ern¡rloyee Benefits s93 1,236 1,398 12,2-33 14,82G 9J25 Ulriforrn Experrse 0 B 2009040 Corìtl?ct Sorvices 0 36 o 1?-,215 435 450 File P¡'otection 0 765 0 9,289 9,180 9,255 Operatittg Sup¡rlies 0 17 7 23 2oo 1,138 Posfage .R 77 'ig8 300 334 Ft¡els & Ltrllricarits 0 100 o 85 1,200 2,400 TraveI 0 17 002000 ïraining 0 0 000250 Irtsurarrce 1,tr77- 1,525 2,021 19,037 18,300 17,584 Cfaírns & Darnages 0 42 005000 Advettisirrg 0 0 0 'i ,/163 0 0 Mernborship & Dues 0 0 30 150 70 225 Bank Charges 2.7 o 2s 241 100 2s9 Ufitities - Wator' B5 42 43 545 s00 510 Utilities - Etectricity 47"r 375 2,092 2,931 4,500 4,980 Utilities - So\/er 313 7^08 157 3,494 2,500 1,879 Utilities ^ Garbage 482 225 253 2,91?- 2,7Q0 3,341 Utilíties - Fuels 887 0 0 1,736 0 0 Utilitie s - Tele¡rlrorre 79 25 65 520 300 535 Ëxcise Tax 17 2,291 100 216 Bacl Del¡t 0 17 0 105 200 230 MiscellâtlooLts Ex¡tertse 42G B3 o G15 '1 ,000 817 Repair & Maiutenance 50 1,083 2,093 15,254 13,000 21 ,397 4llg.cateC_A & G Expense 2ß,528 23,747 24,965 fa,ss3 155,480 ___.:!-qg,3l¿____1i9.,18J Net lnconre (Loss) Wo De¡rrecíatiorr (6,721) (5,e14) (27,0011 (2r,867) (8,s67)

De¡rreciatiorr Ex¡lense 1e,93j1--_..-..-_.10,29-q--(s,sool 234'?68 ëq'qff Not lncorne ---2J_929.-.*-- --.*^-?.49.,!pl---

36 Port of Port Townsend MAINTEN/I,NCE SHO¡} For the Twelve Months Ënding Ðecernber 31, 2013 YEAR TO *-DATE Decernber -* 20ts Actual Bt¡doct Prior Yeal Actual -Budqet Prior Year

RevenUes

Olrerating Expenses

Janitorial Supplies $11 Contract Services 385 Salaries & Wages 2-2,164 B Payroll Ta>ros 1,403 1 Employee Benefits 3,949 2 Unifonr¡ Ex¡rense 370 Contrect Services 0 Operating Su¡rplies 347 Janitorial Supplies 127 Fuels&Lubricarrts 0 1 Repair & Maintenarrce 377 1 Travel 0 Trainirrg 0 lnsurance 360 Advertisirrg 0 Mombolship & Due,s 0 Utilíties " Water G3 Uiilitíes - Electricity 221 Utilities - Sewer 71 Utilities - Garbage 0 Utilitíes - Fuels 1,74G Utilities - Telel¡hone 404 Utilities ^ Cahle/ll'Service 68 Miscellaneous Expense 0

Dilect Operating Expenses 32,9G5

37 Port of Port Tovrrnsend coMMf ss¡ofi¡ For 'che Twelve Months Ënding Ðecemlrer 31,

Decem l¡er Prior Year __S_g_a_Sle.l_ --l:rSllegt Actual Þ!dçlet

Revenrres

Operating Ex¡rerrses

Salaries & Wagos $4,574 $6,835 911,187 $64,451 g92,o24 $73,030 Payroll Taxes 481 573 615 5,050 6,874 5,443 Ernployee Belrefits 1,549 2,921 4,861 20,185 35,053 20,846 Uniform Experrse 0 13 31 0 150 121 Contract Services 9,750 113 578 12,713 1,350 2,543 Legal Ëxponso 14,572 5,000 3,479 122,375 60,000 92,719 Aucl¡t Expense 0 1,250 3,623 209 15,000 15,606 O¡rorating Supplies 1,839 125 31 6,363 1,500 2,620 Postage 17 33 1A7 258 400 454 Repalr & [I4aintenaltce 155 0 0 327 00 Prornotional Hosting 0 21002600 Travel 1,679 458 15 7,375 5,500 8,455 Trairring 777 208 0 1,846 2,500 3,1 70 Insrrt?rìce 1 1,258 I ,315 1 ,263 15,364 15,775 5,151 Aclvertising 042 0 093 500 205 Mernbershi¡: & Þues 0 1,333 1 ,377 7,646 16,000 8,14a, Gorn rrrurrity Relatio¡ls 503 417 509 3,196 5,000 3,644 Econo¡nic Develo¡rnierrt 0 2,083 0 25,000 25,000 36,996 Utilitíc's . Wator OB 00 100 0 Utilitíos - Eloctricity 0 17 17 105 200 149 Utilíties - Sewel 017 00 200 0 Utílitíes - Fuels 042 42 4s1 500 717 Utilities - Tele¡rhorre 291 25 127 1,521 300 822- Miscellaneous Expense 0010025 Allocated A & G Expense (101,07G) (68,s69) (72,0ss¡ (2s5,530) (274,2761 (290,859) D.gplec-iati.oJrExpenso _ 2Ol 0 0 402 0 0 oiiéi6- (63,430t'---'-- r¿qZ1¡l-_-__þg13g) q o T

38 Port of Port Townsend EXHCUTIVF For the Twelve Months Hnding December 31, 20,T 3

YEAR TO DATE Decentber 2013 E!'q.spl.. .PriorY.e?r 8L¡ctget Prior Year

Reve rr lres

Operating Expensos

Salarios & Wages $34,1 04 $14,793 $38,289 9217,235 5177,512 $191,921 Payroll Taxes 1,941 1,209 1,535 16,593 15,233 13,761 Enr¡rloyee Bonefits 9,479 4,104 11,305 66,817 49,262 51 ,095 ,Êxpense Urìf ficrm 0 13 127 0 150 387 Contract Services 9,25ã, 1,058 1,640 20,996 12,700 22,938 O¡rerating Supplies 2,378 û33 564 13,76ô 10,000 14,352 Publications 0 17 0 135 2DO 174 Postage 24 50 162 421 600 6G0 Repair & Malntenalrce 0 0 0 82 0 123 Prornotio¡lal llosting 293 21 0 600 250 0 l'ravel 2,001 583 319 10,012 7,000 1 0,381 Trainirrg 940 150 0 3,044 1,Boo 2-,100 lnsurance 21G 125 120 1,735 1,500 1,490 Advertísing 136 JJ 212 3,299 400 3,384 Mernbership & Dues 0 323 344 ó,+ðo 3,880 2.,364 Cotnmunlty Relations 503 417 509 3,031 5,000 3,644 Utilities - Water 0 25 0 0 300 0 Utilíties - Electricify 459 67 95 1,415 800 B?.0 Utilìties - Sewor' 0 50 0 0 600 0 Utilifies - Fuels 0 208 229 2,483 2,500 3,S41 Lltilifíes - Tele¡rhone 1,088 607 372 5,362 8,000 4,625 Utilities - CablellT Service 0 42 11 251 500 488 Miscollaneous Expenso 0 173 255 1,284 2,075 1,821 Allocatocl A & G E>

39 Port of Port Townsend ACCCIUhIT¡N{G For the TweÌve Months Ending Fecetnben 31 , 2013

YEAR TO DATE Þecenrþer_ ___?Pl3.__ Actual Br¡clget Prior Year r\ctual *_åU{S^g.!_-. -ltigtlqar

Roverruos

Operating Ex¡lenses

Salalies & Vúages $13,695 $13,607 $1G,574 $192,635 $1ô3,288 $1ô9,695 Payroll ïaxes 1,244 1,188 1,335 15,748 14,250 13,625 Ernployee Beneflts 5,185 3,775 9,269 60,723 45,300 48,508 Uniforrn Expenso 013 135 0 150 346 Gontract Services 3,141 417 321 14,428 5,000 7,410 Operating Supplies (35) 542 709 11 ,269 6,500 5,666 Postagê 42 67 152 518 800 834 Repair & MaÌlrtenanco 0 001940226 ïravel 0 100 Bß 890 1,200 BB9 Trainirrg 0830 260 1,000 0 lrrguralrce 21ß 125 120 1,782 1,500 1,440 Adveúising 0 0 0 238 0 663 Mernbershi¡r & Dtres 0 4 s27 550 50 830 l3ank Clrarges 0 o 0 0 100 158 Utif ities - Wate¡' 0 25 0 0 300 0 Utilíties - Ëlectricity 226 25 2A 570 300 224 Utilities - Sewer 05000 600 0 Utilities " Gat'bags 320 32 786 032 Utílitles - Fuels 058 g2 677 700 '1 ,075 Utilities - Telcphono z1s 1J3 91 1,s11 1,600 1,3s4 Allocated A & G Ex¡rerise (80,182) (60,661) (74,656) (303,339) (242,6441 (2õ2,973) 00 - 076'1

40 Port of Fort Townsend NON-OPERATING For the Twelve Montfis Ending December 3f , 2û4 3

YËAR TO DATE Decemller s Actual Prior Year ^-."Budget . Plior Year Aatlt4_ -z.orPttogel

Revetrr¡es ài ii lnvestrnent lnterest $1,022 $1 ,250 $1 ,251 $1 3,377 $15,ooo 914,542 "i Opet'ating Tax Levy 73,561 73,813 74,067 884.,622 BB5,75o 877,783 at a: Stafe Forest Reverrues 1,318 1,667 0 9,196 20,000 24,831 State Tinlber Excise Tax (336) 0 0 37,593 20,000 35,357 ri Leasohofd Ëxcise Tax 1,3t0 1,167 1,G25 6,912 7,000 6,979 Gr'ant " FAA 303,91 0 0 18,094 337,626 0 120,200 Capital Contt'ibuflons - Non-Op 0 0 166,596 0 0 166,59G Late Fees I ,619 1,667 1,617 1G,584 20,000 18,433 Otbqr Nonl4grefing Revenues*-_ftz,+sf*^*--Æ,s6ã'* 0 0 0 1,500 0 q Total Norr-o¡reratr'ntt RevorrG* IGJ,2E} l,16z,¿¡o 962,7s0 --7,^7,721-_-__

Expeltses

lnterost Ëxpense - 2005 LTGO Borrd 15,630 15,630 14,713 189,559 1 89,560 193,059 fnterest Expense - 2006 LTGO Ref Boncl 3,391 3,391 931 44,4S6 44,456 51,924 lnterest Expenso .2010 LTGO Bond 16,579 16,757 16,757 200,910 201,088 202,428 Inferest Experrso - 2019 Revenue Bond 1,480 0 0 11,250 0 0 lnterest Expense - 2005 Revonue Ref B 7,250 7,250 7,385 101 ,81 2 101,820 118,232 lnterest Expenso - LOCAL Fund 74 109 144 1,451 1,522 2,278 lntôrest Experrse - CERB Loarr 917 917 0 12,375 12,375 15,125 Bond Managen¡ent Foes 749 100 602 1,872 1,200 1,506 Bond lssue Costs G,896 0 0 6,896 0 0 l¡lvestnlerrt Fees o B3 19 220 1,000 211 Election Exlrense 8,244 0 0 16,438 34,000 0

Net Non-Operatirrg g¿g :gÞJg :=3¿¿49e Æ --ele'es.! - --120.111 -

4I PÛM TF POM TOWIVSENT}

PO. Box 1'180 . Port Townsend, Washington 98368-4624

Administration: (360)385-0656 Operations: (360)385-2355 Fax: (360)385-3988

WARRANT APPROVAL

We, the undersigned, as Commissioners and Auditing Officer of the Port of Pott Townsend, in Jefferson County, Washington, do hereby certify under penalty of perjury that the materials have been furnished, the labor performed and the services provided, as described herein, and that the claims are just and unpaid obligations of the Port of Port Townsend, and that these claims, in Warrant No 052586 through No. 052608 , are approved for payment in the amount of ,$118479.73 on this 12th day of March .2014.

For: Payroll and Benefits

Commissioner Stephen R. Tucker

Commissioner Brad A. Clinefelter

Commissioner Pete W. Hanke

Amy Khile, Director of Finance And Administration

e-mail : [email protected] website: www. potlofpt.com Check Register Journal Posting Date:, 31312014 Register Number: CD-000497 Port of Port Townsend (PTA)

BanK Code: W - WARRANTS PAYABLE Check Number Check Date Vendor lnvoice Number lnvoice Date lnvoice Amount D¡scounl Applied Paymenl Amount 052599 AFLOlO AFLAC Check Entry Number: 00.1 AFL2t28t14 3t3t2014 761.89 761 89 052600 3t3t2014 BANOOl Bank Of America Check Entry Number: 001 941t22814 3t3t2014 15,911.39 0.00 15,91 1.39 0s2601 3t3r2014 NOR020 Northwest Administrators, lnc Check Entry Number: 001 NA¿lzgt14 3t3t2014 22,606.58 0 00 22,606.58 052602 3t3t2014 PEJOOl Pen¡nsula Credit Un¡on Check Entry Number: 001 PCU2t28t14 3t3t2014 900 00 0.00 900.00 052603 313t2014 POR00 l Auditol,s Revolving Fund Check Entry Number: 001 DD2t28t14 3t3t20'14 27,599.39 0.00 27,599.39 052604 3t3t2014 sPE010 James Speer Check Entry Number: 001 JS2t28t14 3t3t20'14 250.00 0.00 250 00 052605 3t3t2014 TEAOOl Teamsters Local 589 Check Entry Number: 001 rLa28t14 3t3t2014 'l,059.00 0.00 1,059.00 052606 313t2014 wA080t State of Washington Check Entry Number: 001 HCNt2gt14 3t3t2014 15,265.83 0 00 15,265.83 052607 3t3t2014 wA180l State of Wash¡ngton Check Entry Number: 001 DRSPER522S 3t3t2014 16,867.01 0 00 16,867 01 Repon ToÞl: 10'1,22'1.09 0.00 101,221.09

Run Date: 3/3/2014 3:16:34PM Page: 1 A"/P Date: 3t3t2014 Check Register Jgurnal Post¡ng Date: 3/312014 Reg'ster Number: CD-000498 Port of Port Townsend (PTA)

BanK Codo: W -WARRANTS PAYABLE CheckNumber CheckDate Vandor lnvo¡ce Number lnvolce Oate lnvolce Amount Dlscgunt Appl¡ed payment Amount

Run Date: 3l/V2014 3:33:03PM NP Oate: 31312014 PO. Box 1180 . Port Townsend, Washington 98368-¿t624

Administration: (360) 385-0656 operations: (960) ggs-2gss Fax: (360) ggs-gg8g

WARRANT APPROVAL

We, the undersigned, as Commissioners and Auditing Officer of the Port of Port rownsend, in Jefferson county, washington, do hereby certify under penalty of perjury that the materials have been furnished, the labor performed and the services provided, as described herein, and that the claims are just and unpaid obligations of the Port of Port Townsend, and that these claims, in warrant No 052609 through No. 05266r , are approved for payment in the amount of $115.666.92 on this lzth day of March . 2014.

For: Accounts Payable

Commissioner Stephen R. Tucker

Commissioner Brad A. Clinefelter

Commissioner Pete W. Hanke

Amy Khile, Director of Finance And Administration

e-mail: lnfo@portoþt.com website: www.portoþt.com Check Register Journal Posting Dale: 311212014 RegisterNumber: CD-000499 Port of Port Townsend (PTA)

Bank Code: W - WARRANTS PAYABLE

Check Number Check Date Vendor lnvoice Number lnvoice Date lnvo¡ce Amount Discount Applied Payment Amount

14 Admiral Ship Supply lnc Check Entry Number: 001 458972 1t30t2014 44 04 000 44 04 459265 2t5t2014 3,498.50 000 3,498 50 Check 052609 Total: 3,542 54 000 3,542.54 0s26 1 0 3t12t2014 ARX001 Axcis, lnc Check Entry Number: 001 9969s1 2t13t2014 2,639 30 0,00 2,639 30 0s261 1 3t12t2014 80T070 Bottoms Up Mar¡ne Seryices Inc Check Entry Number: 001 02242014 2t24t2014 15,228.04 000 15.228.04 052612 3/12t2014 BRO020 William Broadhead Check Entry Number: 001 02272014 2t272014 28.36 000 28,36 052613 3t12t2014 CAt040 Al Caìrns Check Entry Number: 001 02128t2014 2t28t2014 60 48 000 60 48 052614 3/12t2014 CAN001 Canon Financial Seruices lnc. Check Entry Number: 001 13553'128 2t19t2014 222.63 000 222.63 05261 5 3t12t2014 cAR001 Carl's Bu¡ld¡ng Supply Check Entry Number: 001 1402672277 2t6t2014 1'16 09 000 11609 1402614821 2t24t2014 316 08 0.00 316,08 1402675002 2t25t2014 21.68 000 21,68 Check 052615 Tolal: 453 85 000 453 85 0526 1 6 3t12t2014 cED005 CED Check Entry Number: 001 o21A2014 2t18t2014 179 85 000 179 85 02192014 2t19t2014 275 77 000 27577 Check 0526.l6lotal: 455 62 0,00 4ss 62 052617 3t12t2014 cEN040 CENTURYLINK Check Entry Number: 001 1252181114 2t't9t2014 2,769 35 000 2,769 35 0s261 I 3t12t2014 ctT001 City Of Port Townsend Check Entry Number; 00'l 02282014 2t28t2014 7,133 07 000 7,133 07 052619 3t1212014 CLt070 Brad Clinefelter Check Entry Number: 001 02282014 2t28t2014 86.47 000 86.47 052620 3t12t2014 COO070 Coon Plumb¡ng Check Entry Number: 001 0371 1t10t2014 336.54 0.00 336.54 o52621 3t12t2014 CRO001 Lawrence C Crockett Check Entry Number: 001

02282014 2t28t2014 1 90.36 000 190 36 052622 3/12t2014 DOU010 Double D Electric Check Entry Number: 001 31 075 2t20t2014 234 94 0.00 234 94 o52623 3t12t2014 FEL050 F. Gabriel Feldman Check Entry Number: 001 022520'14 2t25t2014 84 63 000 84.63 052624 3t12t2014 coo002 Good Man ¡nc Check Entry Number: 001 77309 3t1t2014 547.96 0.00 547 96 052625 3/12t2014 coo020 Goodste¡n Law Group Check Enlry Number: 001 10201402 3t3t2014 6,007.95 0,00 6,007.95 1201402 3t3t2014 6,506 50 0.00 6.506.50 Check 052625 Totâl: 12,514 45 0,00 12.5't4.45 052626 3t'12t2014 HAD001 Hadlock Bu¡lding Supply Check Entry Number: 001 1 290 2t5t2014 59 30 0.00 59 30 83089 2t'1ot2014 25 A2 000 25 82 83227 3t'10t2014 't07 52 000 107 52 83987 2t21t20't4 20 28 000 20 28 c4760 2t19t2014 20 24 0.00 20 24 Check 052626 Total: 233 16 000 233 16 o52627 3t12t2014 HAN001 Hanson Electric Check Entry Number: 001 'f 14106 2t24t2014 1,707 27 000 1,707 27 052628 3/12t2014 HANo10 Pete Hanke Check Entry Number: 001 02282014 2t28t2014 50 40 000 50 40 052629 3t12t2014 HAR008 Harbor Saw & Supply, lnc Check Enlry Number: 001 2'10162 2t26t2014 62292 000 62292 052630 3t12t2014 HEN002 Henery Hardware Check Entry Number: 00'1 500462 1t29r2014 18 51 000 18.51 500488 1t30120'14 29 41 000 29.41 50061 0 1t31t2014 32.68 0,00 32 68 500746 2t3t20't4 78 76 000 18 76 500747 2t3t2014 827 000 82t 500763 2t3t2014 566 000 566 500766 2t312014 57.20 0.00 51.20 500791 2t3t2014 39 14 000 39 14 500879 2t4t2014 19.35 0.00 '19.35 s00935 2t5t20'14 60 32 000 60 32 500967 2t5t2014 79 56 000 79 56 501088 2t612014 70 27 000 70 27 501 108 2t612014 19.60 0.00 19 60 501 1 38 2nt2014 54.05 0.00 54 05 501470 2t11t2014 38 90 000 38 90 501521 2t12t2014 9.80 000 980 501581 2t1212014 37 04 000 37.04 501 596 2112t2014 20 91 0,00 20 91 501597 212t2014 95 90 000 95 90 501638 2t13t2014 957 000 9.57 5016s7 2t13t2014 63,20 000 63.20 50'1660 2t13t2014 65.38 0.00 65 38 501 764 2t'14t2014 16,55 0.00 '16 55 501 804 2t14t20't4 2832 000 28 32 502104 2t19t2014 '19.10 0.00 't9 10

Run 31612014 12:O4'.56PM Date: Page: 1 A/P Date: 311212014 Check Register Journal Posting Date: 311212014 RegisterNumber: CD-000499 Port of Port Townsend (PTA)

Bânk Code: W - WARRANTS PAYABLE

Check Number Check Date Vendor lnvoice Number lnvoice Date lnvoice Amount D¡scount Applied Payment Amounl

11 2t1912014 35.56 000 35.56 5021 54 2t19t2014 39.21 000 39 21 5021 6s 2t19t2014 21'124 000 21't 24 502359 2t21t2014 870 000 870 502584 2t25t2014 11 97 000 11 97 Check 052630 Total 1,284 13 000 'l,284 13 052631 3t12J2014 HEN004 Henery's Garden Center Check Enlry Number: 001 462265 2t20t2014 62 10 000 62 10 462290 2t2012014 32.69 000 32,69 462308 2t21120't4 43.59 000 43.59 Check 05263 1 Total: 138 38 0.00 138 38 052632 3t1A2014 HtL010 i¡. W H¡llman Consulting Check Entry Number: 001 01022014 1t2t2014 595.00 000 595.00 052633 3t12t20't4 JC1003 Jefferson Co Treasurer Check Entry Number: 001 PTAX2014 3t12t2014 102 84 000 102 84 052634 3t12t2014 JC1008 Jefferson County Public Works Check Entry Number: 001 1 34584 1 2t4t2014 182 89 0.00 182 89 1347272 2t13t2014 264.97 000 264 97 1 348376 2t20t2014 217 45 0.00 217 45 1 349949 2t28t2014 9D.72 000 90.72 1 35001 5 2t28t2014 344.17 000 344.17 Check 052634 Total: 1,1 00,20 000 1,100 20 052635 3t12t2014 KHt010 Amy Khile Check Entry Number: 001 02242014 2t24t2014 760 82 000 760 82 052636 3/1?,2014 LAN001 Landau Assoc¡ates Check Entry Number: 001 32693 2t25t2014 3,060 00 000 3,060.00 052637 3t12J2014 LANo10 Landrum's Flotation Tires, lnc Check Entry Number: 001 1 8088 2t21t2014 2,101 50 0.00 2,701 50 052638 3t12t2014 LES050 Les Schwab Check Entry Number: 001 690s3 2nt2014 103 55 000 103.s5 70965 2t26t2014 11985 000 11985 Check 052638 Totâl: 223.40 000 223 40 052639 3t12t2014 ¡,4CC045 Mccrorie lnter¡ors, lnc JC Check Entry Number: 00.1 cc420040 2t21t2014 324.16 000 324.16 052640 3t12,2014 NEL001 Sue Nelson Check Entry Number: 001 02282014 2t28t2014 91.77 000 91.77 052641 3t12t2014 01Y002 AmSan Check Enlry Number: 001 304282452 '1t29t2014 378.37 000 378 37 304282460 1t29t2014 132.94 000 132.94 3047 1 4991 2tst2014 528 16 000 528 16 3047'15006 2t5t2014 82 30 000 82 30 3051 64287 2t12t2014 230.28 000 230.28 305'164295 2t12t2014 181 87 000 '181 87 305569899 2t19t2014 135 56 000 13556 305569907 2t19t20't4 205.64 000 205 64 Check 052641 Total: 1,875.12 000 1,875 12 052642 3t12t2014 01Y003 Olympic Spr¡ngs, lnc check Enlry Number: 001 258703 2t28t20't4 10.85 000 10 85 052643 3t12120't4 01Y060 O¡ymp¡c Reg¡on Mun¡c¡pal Check Entry Number: 001 03052014 3t5t2014 50 00 000 50.00 052644 3t12t2014 PAC004 Pac¡fÌc Offìce Equipment Co Check Entry Number: 001 91 9893 2t28t2014 54 50 000 54 50 9'19894 2t28t2014 0.39 000 039 91 9895 2t28t2014 32.70 000 3270 919896 2t28t2014 6.53 000 6.53 91 9897 2t2812014 19'1.83 000 '191 83 Check 052644 Total: 285 95 000 285,95 052645 3t12t20'14 PENO25 Peninsula F¡re lnc Check Ent Number: 001 44473 2t12t2014 494 32 000 494 32 44474 2t12t2014 1,038 23 000 1,038.23 44478 2t12t2014 1 15.00 000 ____jj s 00 Check 052645 Toral: 1,647.55 000 1,647 55 052646 3t12t2014 PENO3O Peninsula Paint Co. Check EnÌ Number: 00.f F01 00646 2t28t2014 31 05 000 31.05 F0'100647 2128t2014 37_'16 000 37.1 6 Check 052646 lotal: 68 21 000 052647 3112t2014 POR005 Port Townsend Leader Check Ent Number: 001 124843 2t2812014 1,568 25 000 1,5f I 25 052648 3112t2014 PRO010 ProPet D¡str¡butors Check Ent Number: 001 99571 2t19t2014 1,038 00 000 1,0: I 00 052649 3t12t2014 PUD001 Pud District #'l Check Ent Number: 001 02262014 2t26t2014 471 25 000 4i1 25 052650 3t12t2014 PUD005 PUD #1 ofJefferson Counry Check Ent Number: 001 02122014 2t12t2014 23,364.53 000 23,3( 4 53 052651 3/12t2014 REt002 Re¡d Middleton Co Check Ent Number: 001 1402046 3t3t2014 14,086 75 000 14,0t 6 75 052652 3t12t2014 SAF001 Safeway, lnc. Check Ent Number: 001 02152014 2115t2014 1,300 46 000 1,3( 0.46 052653 3t12t2014 sEc010 Secur¡ty Serv¡ces Check Ent Number: 001 84956 3t1t2014 1 64.00 000 1(400 052654 3t12t2014 SKO000 Skookum Contract Seru¡ces Check Ent Number: 001

Run Dale: 31612014 12:O4:56PM Page: 2 tuP Dare: 3t12t2014 Check Register Journal Posting Dale: 311212014 Register Number: CD-000499 Port of Port Townsend (PTA)

BAnK Code: W- WARRANTS PAYABLE Check Number Check Date Vendor lnvoice Number lnvolce Date lnvoice Amount Discount Applied Payment Amount

3t1no14 0.00 6,606 08 052655 3r12t2014 SPEOOl SOS Printing Check Entry Number: 001 48581 2t19t2014 10.90 0.00 10.90 48653 2t27t20'14 22.A9 000 22.89 Check 052655 Total: 33.79 0.00 33.79 052656 3t12/2014 STA005 Süaples Credit Plan Check Entry Number: 001 02142014 2t14t2014 285.75 0.00 285.75 052657 3r12t2014 TAC001 Tacoma Screw Products, lnc Check Entry Number: 001 14104943 227t2014 302,12 0.00 302.'12 052658 3t1212014 TUC050 Stephen Tucker Check Entry Number: 001 02282014 2t28t2014 140 07 0.00 140.07 052659 3t12t2014 uNt001 Un¡ted Rentals Northwest, lnc Check Entry Number: 001 'l'174570460 a14t2014 1,732.04 0.00 1,732.04 052660 311212014 vER001 Verizon Wireless, Bellevue Check Entry Number: 001 9720132285 2115t2014 233.55 0.00 233.55 052661 3t'12t2014 wES006 Westbay Auto Parls, lnc. Check Entry Number: 001 148866 2t4t2014 26.16 0.00 26.16 't52087 2t21t2014 85.86 0.00 85.86 15261 I 2n5t2014 86.57 0.00 86.57 15262'l 2t25t2014 79.47 0.00 79.47 check052661 torat: Kepon rourl: i1s,666.92 0.00 11s,666.92 -ffif,- -õ:õõ' -

Run Date: 31612014 12:O4:56pM Page: 3 A"/P Date: u1a20u