Duportail Bridge - Funding

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Washington State’s Connecting Washington legislation, signed by Governor Inslee in 2015, provides $20,000,000 toward the project beginning in July, 2017. As of the summer of 2017, the funding package is complete as illustrated in the table below:

Funding Source

Amount

State Connecting Washington Program

$20,000,000

State Transportation Improvement Board

$9,000,000

State Connecting Washington Program – SR240

$2,500,000

Federal – various awards

$2,687,929

City – pre-2016 investments

$1,613,081

City – Transportation Benefit District

$1,660,551

TOTAL

$37,461,561

 

In addition to the above funding for the roads and bridge, the City will also invest $7.25 million in water pipelines to improve the reliability and security of its water system.  Of the $7.25 million,  $1,993,000 will come from a Federal Emergency Management Agency grant and $5,259,949 will come from City Water Utility Funds.

The Transportation Benefit District and Water Utility Funds will be in the form of bond proceeds that will require annual debt payments.