Port of Edmonds Commission Report

The Port Commission of the Port of Edmonds at its meeting last week elected the following commission officers for 2014: President, Mary Lou Block; Vice President, David Preston; Secretary, Bruce Faires.

The port also:
• Formalized the dates and locations for 2014 Port Commission meetings: second and last Mondays of each month at 7 p.m. in the Port Commission meeting room.
• Approved a prepayment on a $10 million loan that results in an eight-year saving of $193,000 for the Port.
• Adopted an updated investment policy superseding all previous such policies and opened accounts to activate the terms of the policy.
• Authorized purchase of a new marina management software program. The purchase was anticipated and included in the Port’s 2014 capital budget.
• Heard a report of Port maintenance and repair projects completed during 2013 and those anticipated during the coming year.

Leave a Reply

Your email address will not be published. Required fields are marked *

Real first and last names — as well as city of residence — are required for all commenters.
This is so we can verify your identity before approving your comment.

By commenting here you agree to abide by our Code of Conduct. Please read our code at the bottom of this page before commenting.