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TUESDAY, JANUARY 21, 2014
Vol. CXXIV, No. 13
OFFICIAL NEWSPAPER OF THE CITY OF TACOMA Devoted to the Courts, Real Estate, Finance, Industrial Activities, and Publication of Legal Notices Visit our Web site at at www.tacomadailyindex.com
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The City of Tacoma will sell a 1.2-mile stretch of City-owned railroad to Sound Transit for the transportation agency's operation of Sounder commuter rail service. In return, Tacoma will receive $4 million and approximately 1.2 acres of property near the intersection of Pacific Avenue and South 26th Street in downtown Tacoma. For Sound Transit, owning the rail line will allow the transportation agency to make future infrastructure investments, such as the planned replacement of this trestle.
Tacoma approves Sound Transit railroad sale Posted online Fri., Jan. 17 Article and Photo By Todd Matthews, Editor The City of Tacoma agreed Tuesday to sell a stretch of City-owned railroad to Sound Transit for the transportation agency's operation of Sounder commuter rail service. For Sound Transit, owning the 1.2-mile rail line, which runs between East D Street and Puyallup Avenue, will allow it to make future infrastructure investments, such as the planned replacement of a trestle (pictured) between
Freighthouse Square and K Street, which is currently scheduled for completion in 2017. For the City of Tacoma, Sound Transit will pay $4 million for the property, transfer approximately 1.2 acres of property near the intersection of Pacific Avenue and South 26th Street to the City of Tacoma, and spend as much as $200,000 on landscape design and improvements on the transferred property. Sound Transit will also allow Tacoma Rail to continue its freight operations on the rail line. According to documents prepared by City of
Tacoma staff, the rail line was purchased from the Weyerhaeuser Company in 1995 and, beginning in 2003, was used by Sound Transit to operate Sounder rail service between Tacoma's Freighthouse Square and Seattle's King Street Station as part of a temporary operating agreement. Two years ago, City of Tacoma and Sound Transit representatives were negotiating a new agreement when they began to discuss the property sale. Tacoma City Council held a public hearing on the proposed sale last month.