Port, Pacific Coast Canola consider lease
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