The Port of Hood River will be filing an application with the City for subdividing lots on the property knows as “Lot 1” at the eastern edge of the waterfront.  Port Executive Director Michael McElwee says they expect to do the filing sometime next week, and notes it will start a six month process.  At the same time, McElwee says the Port and the City will discuss an intergovernmental agreement to determine how much street development will have to occur when a project is done, and developing a more specific idea on the economics of development at that location and to see if there is a case for seeking a partnership with the Urban Renewal Agency for development of infrastructure.