Port Of Seattle Economic Development City Partnership Program briefing & authorization request

The Port of Seattle is requesting Commission authorization for up to $1,900,000 to fund its 2025-2026 Economic Development City Partnership Program, which provides grants to King County cities based on a per capita formula ranging from $10,000 to $60,000 per city. Started in 2016, the non-competitive program requires cities to contribute a 50% match and develop economic development projects aligned with Port business interests. In recent years, the program has focused on small business relief, tourism support, and buy-local campaigns.

Notes

This presentation requests Commission authorization for the Executive Director to execute contract agreements and implement the 2025-2026 Economic Development Partnership Program with King County cities, with funding not to exceed $1,900,000. The program, started in 2016, provides non-competitive per capita-based funding to cities for local economic development projects tied to Port business interests, requiring a 50 percent match from participating cities. Recent program emphasis has been on small business relief, tourism, and buy local/placemaking campaigns.

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