Tacoma port to sell Maytown property

(From the South Sound Business Examiner) 

Commissioners of the Port of Tacoma are to authorize the sale of the port’s 745-acre Thurston County property during their meeting Thursday.??

The port bought the property near Maytown during 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, which includes 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 are available for viewing live from the port’s Web site