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Port approves new lease for composites company

November 28th, 2007 - 6:41am

(Port Angeles) -- Port of Port Angeles Commissioners want to keep their customers happy...especially very good customers such as Angeles Composite Technologies, Inc., which manufactures composite material for the aerospace industry, and has 87 employees. ACTI rents three buildings on airport property, and has asked the Port for some improvements...namely, "Clean Room HVAC and controls". Currently, ACTI pays $20,592 per month in rent. They are asking the Port to extend their lease for another 10-years, with the Port bidding out and paying the cost of the improvements. ACTI will then reimburse the Port over the term of the lease, at an estimated additional $26-hundred dollars per month. Earlier, ACTI contacted qualified contractors, and received bids, the lowest being $217-thousand dollars. Now, the Port will advertise for bids and award the contract to the lowest qualified bidder, and amend ACTI's lease accordingly. In other action, Commissioners agreed on the final reimbursement to Jakeco, for stump grinding and removal from the Lincoln Park tree removal project. The final price was $45,448 dollars, with the Federal Aviation Administration paying 95 percent of the cost.


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