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August 15, 2012 at 11:13 PM

Port agrees to sell rail corridor for use as a trail

From Staff Reporter Keith Ervin

 The Port of Seattle Commission has agreed to sell much of the Eastside Rail Corridor to King County for future use as a trail.

The $15 million deal, approved by the commission Tuesday, still needs ratification by the Metropolitan King County Council.

After the Port bought the 42-mile Renton-to-Snohomish rail line from BNSF Railway in 2009 for $81 million, it sold some segments within King County to Redmond, Kirkland and Sound Transit, which also obtained rights to build a high-capacity passenger-rail line.

King County’s earlier $1.9 million payment for a trail easement will be credited toward the purchase price.

Comments | More in General news, Government | Topics: Eastside Rail Corridor, King County Council, Port of Seattle

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