city of tacoma
File #: RES40416    Version: 1 Name: Tacoma Rail Loan Agreements with WSDOT
Type: Resolution Status: Adopted
File created: 8/12/2019 In control: City Council
On agenda: 8/27/2019 Final action: 8/27/2019
Title: A resolution authorizing the execution of two interest-free loan agreements with the Washington State Department of Transportation, in the total amount of $640,000, accepting and depositing said sum into the Tacoma Rail Fund, and further authorizing matching City funds in the amount of $714,119, to partially fund railroad tracks for the Mazda Siding and the TOTE Yard projects. [Kyle Kellem, Roadmaster; Dale King, Rail Superintendent]
Attachments: 1. Resolution No. 40416, 2. City Council Action Memorandum, 3. Agreements, 4. Resolution No. U-11097

Title

A resolution authorizing the execution of two interest-free loan agreements with the

Washington State Department of Transportation, in the total amount of $640,000, accepting and depositing said sum into the Tacoma Rail Fund, and further authorizing matching City funds in the amount of $714,119, to partially fund railroad tracks for the Mazda Siding and the TOTE Yard projects.

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