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:
April 21, 2016 12:30 - 1:30 PM

Small Cities Program

In 2015, the Port Commission awarded Bucoda, Rainier, Tenino and Yelm $10,000 each for economic development projects.  Additional Information...

In 2014, the Port Commission awarded Bucoda, Rainier, and Yelm $10,000 each, and Tenino $5,000 for economic development projects.  Additional Information...

In 2013, the Port Commission awarded Bucoda, Rainier, Tenino and Yelm $10,000 each for economic development projects.  Additional information...

In 2012, the Port Commission awarded Bucoda, Rainier and Yelm up to $10,000 each in matching funds for specific projects through the Small City Economic Development Program.  Additional information...

In 2011, the pilot program supported its first projects which totaled $18,700 for Bucoda and Yelm.  Additional information...

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 Jeff Smith CPA, Finance Director, 360.528.8040.