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]

What this record is

Amount

$650K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Requested by

Tacoma Rail

Introduced

August 22, 2024

On agenda

September 10, 2024

Passed

September 10, 2024

Where it was heard

City Council Sep 10, 2024 adopted Pass

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