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02-110 - City of Tukwila et al - Memorandum of Understanding for FAST Corridor
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02-110 - City of Tukwila et al - Memorandum of Understanding for FAST Corridor
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2/29/2012 10:15:58 AM
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Interlocal Agreements
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02-110
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City of Tukwila et al
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Memorandum of Understanding FAST Corridor
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d) The Union Pacific and Burlington Northern Santa Fe Railroad <br />Corporations should collectively be responsible for project shares <br />equivalent to three percent of program costs. This contribution could <br />include redirected federal allocations of rail diesel taxes if TEA 21 <br />reauthorization authorizes such allocations. <br />e) Agencies responsible for implementation of individual projects are <br />expected to finance a minimum of 10% of the cost of the individual <br />projects they will implement, using their own funds or other funding <br />sources not otherwise noted in this MOU, and including funds previously <br />expended to develop each project in advance of full program funding. <br />f) Where appropriate, additional funding will be sought from other agencies <br />and organizations receiving significant benefit from specific FAST <br />projects. <br />4. Each individual project shown in Attachment B is the implementing agency's <br />responsibility to design, permit, and construct as a normal matter of course in <br />capital project development, and implementation of any individual FAST Corridor <br />project will be dependent upon funding authorization by the party or parties <br />responsible for that project. <br />5. The existing FAST Corridor Agency Staff Team (FAST CAST) will continue to <br />meet in order to monitor and promote both the immediate priority program shown <br />in Attachments A and B, and other identified FAST Corridor priorities, and to <br />facilitate communications and agreements needed to implement these <br />understandings. <br />a) Funding for the ongoing management of the FAST Corridor by the <br />WSDOT will be drawn from awarded TEA21 Section 1118/1119 (or its <br />successors) funds in an amount to be set annually by the FAST Partners, <br />but which will not exceed five percent of the awarded funds in any given <br />FAST Corridor 2002 MOU <br />5 <br />
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