PORT ANGELES — The Port of Port Angeles is ready to sell its two acres at the northwest corner of Front and Oak streets to European developer Harry Dorssers for $800,000.
The Board of Commissioners took public testimony Monday morning on declaring the property surplus so the land could be sold to Dorssers, who has proposed a residential and retail development, possibly including an aquatics center.
But Commissioners Bill Hannan and George Schoenfeldt delayed formal action until the March 13 meeting, when fellow Commissioner John Calhoun — who was absent Monday — can be present.
Port Executive Director Bob McChesney said he will ask for authority to sign the purchase and sale agreement following commissioners’ approval of two resolutions at the March 13 meeting.
One resolutions removes the property from the Port’s industrial development district, so it can be surplused without a specific purpose, and the other declares the property surplus.
Port Industrial Development and Properties Manager Pat Deja said the agreement with Dorssers’ company, Monte Mare LLC, calls for selling the property for $800,000, with $20,000 in earnest money and six months to close the deal.
90-day cancellation
Dorssers can cancel the deal within 90 days and forfeit half his earnest money.
He also has one year to get a city building permit for the intended use a residential and retail development, or the money is refunded and title reverts to the Port.
Port attorney Dave Neupert said the agreement can be withdrawn any time prior to its being accepted.
Monday’s action entered the final stages of an almost 20-year effort to develop the once-industrial property on fill that links the downtown with Valley Creek Estuary Park.