Port makes land available for Farwest deal

first_imgThe Port of Vancouver’s Board of Commissioners on Tuesday unanimously approved making a 22-acre industrial property available for sale to Farwest Steel Corp. as part of an ongoing deal that could eventually generate up to 225 jobs.The three-member board’s action to free up the property for sale marked the first step in a two-step process intended to sell the property to Eugene, Ore.-based Farwest for roughly $5 million. The board is expected to review and decide the terms of a purchase and sale agreement sometime in July.In voting to declare the property surplus — and therefore available for sale — board President Jerry Oliver said the deal with Farwest would bring real family-wage jobs to the community. He said, “I believe there are three things that are important — jobs, jobs and jobs.”The board collected a variety of public comments Tuesday from citizens and business and union representatives. Backers said pursuing the deal with Farwest is prudent and needed, particularly in light of a persistent economic recession. “We’re in a new world that has reset all of our expectations, and you should be flexible,” said Eric Fuller, a Vancouver real estate broker.last_img

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