city of tacoma
File #: RES41335    Version: 1 Name: Tacoma Rail WSDOT loan agreement RRB 1297
Type: Resolution Status: Adopted
File created: 11/30/2023 In control: City Council
On agenda: 1/9/2024 Final action: 1/9/2024
Title: A resolution authorizing the execution of an interest-free loan agreement with the Washington State Department of Transportation, in the amount of $1,622,000, accepting and depositing said sum into the Tacoma Rail Fund, and further authorizing matching funds in the amount of $1,118,625, to partially fund a railroad rehabilitation project. [Kyle Kellem, Roadmaster; Dale King, Rail Superintendent]
Attachments: 1. Resolution No. 41335, 2. City Council Action Memorandum, 3. Agreement, 4. Board Action Memorandum, 5. Resolution No. U-11428

Title

A resolution authorizing the execution of an interest-free loan agreement with
the Washington State Department of Transportation, in the amount of $1,622,000,
accepting and depositing said sum into the Tacoma Rail Fund, and further
authorizing matching funds in the amount of $1,118,625, to partially fund a
railroad rehabilitation project.

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