Unanimous approval for $927 million tunnel

Today, the Seattle City Council unanimously agreed to move forward with the Alaskan Way Viaduct deep bored tunnel and Seawall Replacement.  According to the City press release, “The agreement authorized today outlines the city and state’s funding and construction responsibilities and outlines Seattle’s $927 million obligation to the project set for completion in 2018.”  The Council has been discussing possible funding sources for the project, which include a possible increase in the Commercial Parking tax and a new Transportation Benefit District to collect vehicle fees.  The Council is expected to act on proposed funding options next year.