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Monthly Archives: March 2018

Longtime Port of Kalama finance manager, Stu Shelby, retires

Port of Kalama today bids adieu to longtime finance manager Stu Shelby. Shelby, who retires today, has worked at the Port for nearly 20 years managing all financial statements, budgeting processes, and annual audits in addition to day-to-day finance needs of the Port.

Shelby has overseen the financing of some of the Port’s milestone projects like the Kalama River Industrial Park, Columbia River Channel Deepening, Haydu Park and the first phase of Spencer Creek Business Park, the new Administrative Building and Interpretive Center and now the new McMenamins slated to open in April.

“The development and growth we’ve seen over the last 20 years—well, it hasn’t been boring,” laughs Shelby. “The Port of Kalama has been an incredible place to work and contribute to the community—the commissioners and staff are the best team around, so diligent and supportive. It’s been a terrific opportunity.”

“The commission cannot thank Stu enough for his guidance as our in-house auditor and for his attention to details in the management of our finances over the past two decades of growth,” said Commissioner Randy Sweet, Port of Kalama Commission President. “We are so pleased to announce that Mindy Heuer, who has trained under Stu’s guidance, will now assume that important position.”

Heuer, currently accounting specialist at the Port, has accepted the promotion to finance manager. Heuer, who just finished her Masters of Science in Finance at Seattle University this week, will now manage the department and oversee financing and accounting for all of the myriad Port projects. Heuer is also a certified public accountant.

“Stu leaves such incredibly big shoes to fill—I’ve learned so much from him and I’ll miss him terribly,” says Heuer. “He set up a system that runs like clockwork—he’s been meticulous in his management and accounting which makes it easy to pick right up. We wish him well in his new adventures.”

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Discover! What is the Port’s business model—how does it generate revenue?

Included in the Port’s sources of revenue are leases of various Port properties and buildings, marine terminals, services associated with grain terminal & break-bulk docks and the Kalama marina.

About 78% of the Port’s value is invested in capital assets which include land, buildings, docks, improvements such as roads and utilities, and equipment which are valued at over $132 million.

The Port owns and manages over 1,000 acres of property which includes our parks.


Next up: Discover! What is the economic impact of Port of Kalama?

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Discover! What projects is the Port now working on—and are they are a part of the Comprehensive Plan and Scheme of Harbor Improvements?

From the new Spencer Creek Business Park to a new building in the Kalama River Industrial Park, McMenamins locating here, and international businesses choosing Kalama as the perfect place to grow—all of these exist now thanks to years and years of contemplation, collaboration and diligent planning. Port predecessors worked thoughtfully for decades to plan and prepare for the regional success the region is now experiencing.

The Port continues the community’s history and pioneering vision of growing with purpose and intention—in ways that will benefit the entire region for decades to come. This vision brings with it thousands of jobs, revenue streams, economic vitality and opportunities for all who live in Cowlitz County.

Thanks to responsible planning over decades the Port enjoys a thriving recreational system with parks and playgrounds, a new sports complex, and popular riverfront, pathways and marina enhancements. All of these business and recreational assets improve the health, livability and economy here—and all without any Port-levied taxes.

Some examples of decades of Port planning manifesting in projects that will benefit the entire region include:

The North Port Heavy Industrial Site, which will be the home of the Kalama Manufacturing and Marine Export Facility, has been identified and developed to support such industry for over 20 years and through multiple Comprehensive Planning processes.  Specifically, the plans have identified construction of a new wharf, installing roads and utilities, and developing a water system for industrial use

Spencer Creek Business Park: Economic assessments as early as the mid-1990s identified a future need for additional mixed-use development along I-5 and for additional recreational opportunities.  The Port included this information in the Comprehensive Plan, and as suitable property became available, began purchasing and planning.  The result is the current development which has begun at I-5 Exit 32 and includes Haydu Park and the Spencer Creek Business Park.

Next up: Discover! What is the Port’s business model—and how does it generate revenue?

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