HomeMy WebLinkAbout2011-04-18 Transportation Minutes City of Tukwila
Transportation Committee
TRANSPORTATION COMMITTEE
Meeting Minutes
April 18, 2011— S: 00 p.m. Conference Room I
PRESENT
Councilmembers: Joan Hernandez, Chair; Joe Duffie and Verna Seal
Staff: Bob Giberson, Frank Iriarte, Robin Tischmak, Shawn Hunstock and Gail Labanara
CALL TO ORDER: The meeting was called to order at 5:03 p.m.
I. PRESENTATIONS
No presentations.
II. BUSINESS AGENDA
A. TUC Access Resolutions for Interfund Loan(s) and Reimbursement Declaration
Staff is seeking Council approval for two resolutions to facilitate the LID funding for the Tukwila Urban
Center Access Project. The first resolution will allow interfund loan(s) up to $12 million dollars. Once
construction is completed and any appeals are heard, bonds will be issued for the final LID amount. In the
interim, Shawn reported that the City can borrow from ourselves and charge interest to the 104 Arterial
Street fund at approximately 1.75% interest. The City has over $30 million in investments with half in the
Enterprise Funds. The investment funds are available to borrow from but still have limited use and are not
liquid. The second resolution allows the City, once the LID bonds are sold, to reimburse ourselves for those
LID expenses that we paid for in advance. UNANIMOUS APPROVAL. FORWARD TO APRIL 25
COW FOR DISUCSSION.
III. SCATBd
Future Transportation Committee agenda's will include the SCATBd Technical Advisory Committees (TACs)
agendas and SCATBd meeting summaries. The TAC agendas normally move forward to the main SCATBd
meetings. Bob is confirming if King County will bring a presentation to the 4/25 Council meeting regarding the
KC Metro Transit Strategic Plan. Joan wanted Council to specifically know about the I -405 corridor plans and
that the proposed Street Maintenance Utility will not be approved by the legislature this year.
INFORMATION ONLY.
IV. MISCELLANEOUS
Bob will bring the results of the Safety grant analysis to a future TC meeting and all attendees discussed the
TUC Access Project's road closures and detour routes.
Meeting adjourned at 5:30 p.m.
Next meeting: Monday, May 2, 2011 5:00 p.m. —Conference Room 1
Committee Chair Approval
Minutes by GL, Reviewed by BG.