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Port, Pacific Coast Canola consider lease

STAFF REPORT | Hagadone News Network | UPDATED 14 years, 6 months AGO
by STAFF REPORT
| March 26, 2012 6:00 AM

WARDEN - Port of Warden commissioners and Pacific Coast Canola officials are reviewing a likely 50-year lease for the company.

Both parties are examining a draft of the agreement for about 53 acres of port property, said Pat Millard, the port's manager, on Thursday.

The company is building a crushing facility for Canola in Warden.

The company's last annual lease payment to the port was about $12,989, which doesn't include lease hold tax, she said.

Under the draft agreement, the lease amount increases slightly every year

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