TagPort Of Seattle(399)
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2009-12-21
Port of Seattle to pay BNSF 81m for Eastside rail line
The Port of Seattle announced today it is buying the partially abandoned Renton-to-Seattle rail line from BNSF Railway for a reduced price of $81.4 million — a deal that may eventually lead to side-by-side trails and passenger trains. By Keith Ervin A weakened real-estate market and the Port of Seattle’s financial strains led the agency -
2009-08-06
Too-narrow trench could cost $1 million at Seattle port
SEATTLE – A tiny mistake – about half the thickness of a dime – could end up costing about $1 million at the Port of Seattle. When the port built a new cargo terminal for stevedoring company SSA Marine, a trench was dug to hold the electrical cable for the giant cranes that lift containers -
Port memo still a mystery – Rewritten to hide high cost of project Penalties await, but “so many people looked at it and made changes” that finding culprits will be tough, investigator says
Port memo still a mystery – Rewritten to hide high cost of project Penalties await, but “so many people looked at it and made changes” that finding culprits will be tough, investigator says By Bob Young December 7, 2008 Publication: Seattle Times, The (WA) Page: B1 Word Count: 719 Who hid the truth about the -
2008-10-31
Economy delays BNSF rail-line sale to Port of Seattle
A troubled municipal-bond market has delayed the Port of Seattle’s $107 million purchase of BNSF Railway’s Snohomish-to-Renton rail line, but the Port has chosen a possible excursion-train operator. By Keith Ervin BNSF Railway’s sale of its 42-mile Renton-to-Snohomish rail line to the Port of Seattle won’t close before the first quarter of 2009. Port officials, -
2008-05-12
Final OK for $107 million rail-line deal
Port of Seattle and King County executives signed a final deal this morning that will put a 42-mile Eastside rail corridor into public ownership. The Port will pay BNSF Railway $107 million for the Renton-to-Snohomish rail line. By Keith Ervin Port of Seattle and King County executives signed a final deal this morning that will -
2007-11-03
Port could raise taxes for rail corridor
The Port of Seattle will tap existing property taxes or other sources of revenue to come up with $103 million to buy an Eastside rail corridor that then will be leased in part to King County for a hiking and biking trail, a port official said Friday. Details of the financing have yet to be -
2007-11-02
Port to buy Eastside rail corridor | The Seattle Times
Port to buy Eastside rail corridor Nov 2, 2007 By Keith Ervin and Bob Young Seattle Times staff reporters In a tentative deal hailed as one of the most important land acquisitions in the region’s history, the Port of Seattle plans to buy a 42-mile Eastside rail corridor and lease the southern portion of it