city of tacoma
File #: RES41525    Version: 1 Name: RES - Tacoma Rail WSDOT Loan for Ballast Tamper
Type: Resolution Status: Adopted
File created: 8/22/2024 In control: City Council
On agenda: 9/10/2024 Final action: 9/10/2024
Title: A resolution authorizing the execution of an interest-free loan agreement with the Washington State Department of Transportation, in the amount of $650,000, accepting and depositing said sum into the Tacoma Rail Fund, and further authorizing matching funds in the amount of $1,000,000, for the acquisition of one ballast tamper railway maintenance machine. [Kyle Kellem, Roadmaster; Dale King, Rail Superintendent]
Attachments: 1. Resolution No. 41525, 2. City Council Action Memorandum, 3. Agreement, 4. Resolution No. U-11471

Title

A resolution authorizing the execution of an interest-free loan agreement with
the Washington State Department of Transportation, in the amount of $650,000,
accepting and depositing said sum into the Tacoma Rail Fund, and further authorizing
matching funds in the amount of $1,000,000, for the acquisition of one ballast tamper
railway maintenance machine.

[Kyle Kellem, Roadmaster; Dale King, Rail Superintendent]