This Ground Lease Agreement, dated 2022, is a contract between the Port of Seattle and PDC Seattle LPIV BB/TH, LLC for the property known as Des Moines Creek West. The agreement covers the terms under which the tenant may lease, develop, and operate the property, including provisions for rent, construction, insurance, environmental compliance, and assignment rights. It spans 27 articles addressing topics from definitions and rent adjustments to mortgages, default procedures, and sublease conditions.

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A ground lease agreement between the Port of Seattle, a Washington municipal corporation, and PDC Seattle LPIV BB/TH, LLC, a Delaware Limited Liability Company, for the property commonly known as Des Moines Creek West. The agreement covers topics including lease terms, rent, construction obligations, environmental compliance, and assignment provisions. The document is dated 2022 but the specific day and month are left blank.

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As the source for federal transportation grants, the Puget Sound Regional Council was charged with developing a system to meet the growing need for commercial aviation. When the search for a second airport failed, they authorized the Port of Seattle to build the Third Runway, with a mandate to develop a noise abatement and mitigation program. In their effort to stop the Third Runway, the ACC argued over every detail of the Port's efforts--including property buyouts and sound insulation. The dispute was meant to be settled by a three member Expert Arbitration Panel. This is their final report. It finds 2-1, that the Port's program was insufficient in several respects. Despite that, funding for the Third Runway was approved by the PSRC, and the 'Port Package' program, proceeded largely unchanged. Expert Arbitration Panel's final decision finding that the Port of Seattle had not shown sufficient reduction in real on-the-ground noise impacts to satisfy noise reduction conditions required for approval of a third runway at Sea-Tac International Airport. The majority decision concluded the Port's noise abatement programs were insufficient despite being impressive in scope.

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