Port Economic Development Corporation

Port Economic Development Corporation

The Port Commission created the Port Economic Development Corporation (Port EDC) in 1983 (Resolution 926) to facilitate local economic development and employment opportunities in the Port district (authorized by Section 103 of the IRS code).

The Port EDC board consists of five members, with the elected Port Commissioners serving as president, vice president and secretary. The Commission appoints two citizen members to the remaining board seats. Citizen members serve two-year terms and can be reappointed.

Current Board Members

  • Bill McGregor, President
  • Joe Downing, Vice President
  • E.J. Zita, Secretary
  • Dan Neuhauser, Citizen at Large
  • Dick Wadley, Citizen at Large

Next Meeting:

  TBA - No meetings scheduled at this time. 

Small Cities Program

In 2016, the Port Commission awarded Bucoda, Rainier, Tenino and Yelm, $10,000 each for economic development projects.  Additional Information...

The intent of the Port's Small Cities Program is to assist with projects that will contribute to local economic development. The program requires an equal cash match from the city. The Port awards the funds after the city has completed the project and submitted the required information.

Read information about prior year awards and the projects they supported.
  • 2015 - $10,000 each to Bucoda, Rainier, Tenino and Yelm
  • 2014 - $10,000 each to Bucoda, Rainier and Yelm, and $5,000 to Tenino
  • 2013 - $10,000 each to Bucoda, Rainier, Tenino and Yelm
  • 2012 - $10,000 each to Bucoda, Rainier and Yelm
  • 2011 - $18,700 for Bucoda and Yelm

Additional information about the Small Cities Program:

Industrial Development Revenue Bonds

Industrial Development Revenue Bonds (IDRB) are tax-exempt debt obligations issued by public corporations to support manufacturing, processing and utility-type economic development projects. As the issuing agency for these bonds in Thurston County, the Port EDC welcomes your interest in IDRB financing.

Contact Information

For more information, please contact Mike Reid, Senior Manager of Business Development, 360.528.8076.