Appraiser chosen to determine wharf, farm rental rates

The Port of Coupeville is hiring a Sedro-Woolley-based appraisal company to determine fair market cost for rental space at the Greenbank Farm and Coupeville Wharf.

Both of the historic Central Whidbey properties are owned by the port.

Nine firms were sent inquiry letters, and three responded with bids ranging from $3,300 to $8,500.

Commissioners went with the lowest bid, received from Mount Appraisal Group, which cites experience working with other port districts and customers on Whidbey Island.

“$3,300 is a small price for transparency,” said Port Commissioner Bob Monroig.

The tenants at the Greenbank Farm and the Harbor Store on the Wharf are currently operating on month-to-month leases until the appraisals come back.

The third-party appraisal is expected to determine future lease rates.

There is some risk being taken, said Interim Port of Coupeville Director Jan Marc Jouas. “We need to be prepared for what if it comes in high, or what if it comes in low.”

Jouas said he anticipates one side or the other challenging the appraisal results.

More in News

Man uninjured in rollover on icy Madrona Way

A 23-year-old man was uninjured after his Chevy pickup rolled over on… Continue reading

Class teaches disaster readiness

‘There’s no reason not to be prepared’

State lawmaker aims to improve recycling process

Many people feel a sense of accomplishment when they opt to recycle… Continue reading

Van driver accused of ramming pickup truck

The driver of a van is accused of chasing a down a… Continue reading

New building permit fees expected to reduce costs

The Board of Island County Commissioners is set to vote on building… Continue reading

Contributed photo — Erin Kelly was so appreciative of Marc Swenson’s efforts that she baked him a “Thank You” cake.
Volunteer firefighter saves neighbor’s home

A quick response by a local firefighter may have helped save a… Continue reading

Gifts from the Heart turns sweet 16

Clients at Gifts at the Heart Food Bank will be in for… Continue reading

Man arrested for pawning stolen student robotics club’s telescope

A man faces a felony charge after getting caught pawning a telescope… Continue reading

Whidbey News Group file photo
                                Blake Fountain was arrested by Island County Sheriff’s Office Deputy Rob Davison after he burned down a Useless Bay Colony home and partially destroyed another in July 2017.
Man who burned down two homes pleads guilty to lesser charge

A man who started a fire that burned down two homes on… Continue reading

Most Read