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RSS FeedsWest Seattle Bridge Update, July 31; Age Friendly Seattle Virtual Events; Seattle City Light Scammers
(WorldNews Health)

 
 

1 august 2020 00:51:01

 
West Seattle Bridge Update, July 31; Age Friendly Seattle Virtual Events; Seattle City Light Scammers
(WorldNews Health)
 


West Seattle Bridge Update, July 31 Funding The Council has received legislation to fund necessary 2020 work on the West Seattle Bridge and related projects. The legislation authorizes two interfund loans for a total of $70 million. The primary loan is for $50 million from the Construction and Inspections Fund, with a secondary loan of $20 million from the REET (Real Estate Excise Tax) II Capital Projects Fund. The loans will be paid back in 2021 by issuing bonds, with Real Estate Excise Tax proceeds used to pay the debt service on the bonds. REET is authorized under state law for use for capital projects and maintenance. This funding will support a preliminary two-year work plan, including...


 
69 viewsCategory: Science > Medicine
 
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