city of tacoma
File #: 25-0664    Version: 1 Name: Public Hearing - Lease of Tacoma Rail Property
Type: Public Hearing Status: Agenda Ready
File created: 7/16/2025 In control: City Council
On agenda: 7/29/2025 Final action: 7/29/2025
Title: This is the date set for a public hearing by the City Council on the declaration of surplus and five-year lease of approximately 15.25 acres of Tacoma Rail property, located at 1738 Milwaukee Way, to the Northwest Seaport Alliance as licensee/agent of the Port of Tacoma, for the amount of $100,000 per month, plus eight percent for operating cost recovery and annual Consumer Price Index adjustments for an intermodal facility, effective September 1, 2025. [Dylan Harrison, Senior Real Property Manager; Alan Matheson, Rail Superintendent]
Attachments: 1. Summary, 2. Presentation
Related files: RES41716, RES41732

Title

This is the date set for a public hearing by the City Council on the declaration of
surplus and five-year lease of approximately 15.25 acres of Tacoma Rail property,

located at 1738 Milwaukee Way, to the Northwest Seaport Alliance as
licensee/agent of the Port of Tacoma, for the amount of $100,000 per month, plus
eight percent for operating cost recovery and annual Consumer Price Index
adjustments for an intermodal facility, effective September 1, 2025.

[Dylan Harrison, Senior Real Property Manager; Alan Matheson,

Rail Superintendent]