Debt Portfolio

The Port of Olympia issues bonds from time to time as approved by the Port Commission.
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Investments Funded by
Your Tax Dollars

The Port uses General Obligation Bonds to finance many of its capital projects. It pays the bonds off with a combination of operating income and property tax dollars. The schedule below details the outstanding principal balances of the Port’s bond debt as of June 30, 2015. The schedule also lists capital projects by business unit that have been financed in whole or in part by bonds from the 2005 bond debt series through 2013, which is the most recent issue.

Yearly Bond Information

2015 Refunding Bond

  • East Bay Redevelopment
  • Marine Terminal Berth Dredge
  • Marina Dock Rehab
  • Cascade Pole Site Capping – Environmental

2016A  LTGO Bond and Refunding Bond

  • East Bay Redevelopment
  • Marine Terminal Berth Dredge
  • Marina Dock Rehab
  • Cascade Pole Site Capping – Environmental

2016B  LTGO Bond

  • Lacey Commerce Business Center
  • Tumwater Cleanwater Development Improvements

2018A LTGO Bond and Refunding Bond

  • Marina Fuel Dock
  • Stormwater Treatment Facility
  • Cascade Pole Site Improvements

2018B LTGO Bond and Refunding Bond

  • Marine Terminal Equipment

Key Bank Loan 7

  • Airport and New Market Industrial Campus Facilities
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