Friday, December 13, 2013

Port of Tacoma Extends Industrial Site Bid Deadline

Potential buyers of a 745-acre industrial site that the Port of Tacoma is looking to sell have a little more time to put in a bid. The proposal deadline for the Thurston County property has been extended from Dec. 6 to Jan. 17.

The port bought the property near Maytown in 2006 for $21.25 million as a potential site for rail system enhancements. However, because of political resistance to the port’s idea of using the site as a rail marshaling yard for trains bound to and from the port, the land was sold for about $8.5 million in cash and another $8.5 million in sand and gravel, in 2010.

However the purchaser, mining company Maytown Sand & Gravel, relinquished the property to the port in early October 2013 after deciding it could no longer operate the site.

Company principal Steve Cortner announced the decision in an Oct. 3 letter to Port of Tacoma which said Thurston County’s delay in issuing a special-use permit was among the main reasons the company was giving the property back to the port.

“This horrible delay completely depleted our working capital and we have not been able to recover so that we can make required payments to the port,” Cortner wrote at the time.

The port says the deadline extension for bids is to give those who might not have time to put together a proposal during the holiday season more of an opportunity to participate in the process.