6001-S AMS PEDE JOHN 216

SSB 6001 - S AMD 610

By Senators Pedersen, Frockt, Kohl-Welles

NOT ADOPTED 03/04/2014

    On page 40, line 15, strike "$1,313,555,000", and insert "$1,287,502,000"

    On page 40, line 28, strike "$880,111,000", and insert "$733,003,000"

    On page 40, line 33, strike "$3,572,584,000", and insert "$3,399,423,000"

    On page 41, beginning on line 17, strike all material through "applied" on line 21

    On page 44, line 26, strike "$165,175,000", and insert "$139,122,000"

    On page 44, line 29, strike "$880,110,000", and insert "$733,003,000"

    On page 44, line  34, strike "$354,411,000", and insert "$374,039,000"

    On page 45, beginning on line 10, strike all material through "5" on line 22, and insert "require that cost overruns for the project be borne by the property owners in the Medina area that benefit from the replacement of the existing SR 520 Floating Bridge"

    On page 48, beginning on line 22, strike all material through "applied" on line 26

EFFECT:   Decreases the appropriation related to cost overruns for the SR 520 Floating Bridge Replacement and HOV project and adjusts appropriations to accounts accordingly.   Removes language that states the Legislature's intent to use triple pledge bonds, transportation partnership account funds, and federal funds to pay for cost overruns related to change orders, additional sales tax, and future risks associated with pontoon design errors. 

     Provides that it is the Legislature's intent that cost overruns on the SR 520 Bridge Replacement and HOV project be borne by the property owners in the Medina area that benefit from the replacement of the existing SR 520 Floating Bridge.

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