Approximately 25 miles of the BNSF Eastside rail corridor will be put in public ownership in perpetuity under a $26 million funding proposal that has been transmitted by King County Executive Kurt Triplett to the King County Council for approval.
The Executive proposes use of the voter approved Conservation Futures Levy to acquire the sections of corridor between Renton and Woodinville and the seven mile spur between Woodinville and Redmond with the exception of the section inside the city of Redmond. Partners in the historic deal will purchase easements on the property for transportation and utility use.
“Voters approved the Conservation Futures Levy for opportunities like this that enhance our quality of life,” said King County Executive Kurt Triplett. This project is an unprecedented opportunity to address the region’s growing needs in recreation, transportation and basic infrastructure.”
“This corridor has many long term regional implications,” said King County Council Vice Chair Jane Hague, whose district includes parts of Bellevue. “The announcement provides needed stability to thoughtfully consider the many options before us for the use of this area.”
County Executive-elect Dow Constantine said the agreement will fulfill a promise to the region that the Eastside Rail Corridor will receive long-term protection from development and that it will be made available for recreational uses.
“By keeping this key transportation and recreational corridor in public ownership, we are making a major commitment to our shared future in King County,” Constantine said.
The proposed appropriation would cover King County’s portion of a multi-partner deal which is still being negotiated. In exchange for the funding, King County would receive an additional interest in the BNSF Eastside rail corridor between Renton and Woodinville, and from Woodinville to the Redmond city limits, subject to easements for public utilities and public transportation. Bonds for the project would be sold in 2010 and backed by the Conservation Futures Levy Subfund.
The Port of Seattle, city of Redmond, Sound Transit, Puget Sound Energy, and the Cascade Water Alliance are the other partners in preserving the 42 mile corridor that extends from Renton to Snohomish.
The Conservation Futures money comes from a countywide property tax, which by state law can only be used to purchase open space or resource lands such as greenbelts, wildlife habitat and trails, for the benefit of the people of King County. Recommendations on parcels for purchase are made by a Citizen Oversight Committee in a competitive application process.
The Executive’s transmittal requests the appropriation with a provision which prohibits expenditure or encumbrance of the funds until the King County Council approves, by ordinance, the contracts needed to acquire, develop and maintain additional property interests in BNSF’s Eastside Rail Corridor. Those negotiations are underway with the goal that the relevant contracts will be ready for review in early 2010.
