The Voice for Industry
|August 26, 2010|
Cash for the South Park Bridge
Local governments are contributing $95 million to $103 million to help rebuild the South Park Bridge, with the hope of pulling in $36.2 million in matching funds from the federal government.
The request for federal funds was supported by signatures from 1,500 people, groups and businesses gathered through an outstanding community campaign co-chaired by Dagmar Cronn of the South Park Neighborhood Association and Larry Brown from the Boeing machinists union.
Just over $95 million was contributed by King County, the City of Seattle, the State of Washington, the Puget Sound Regional Council, the State Transportation Improvement Board and the Port of Seattle. Another $8 million was committed by state and federal agencies, but those contributions require legislative approval.
The bridge was closed on June 30 following decades of arguments by Seattle, King County and Tukwila over who is financially responsible for the 81-year-old structure.
A decision regarding the potential federal funding is expected in October. In the meantime, work crews are demolishing the old bridge
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