HomeMy WebLinkAbout4709 Resolution - Acceptance of PW Board Loan - Lewis Street Underpass Demolition (LSUD)Resolution – PW Board Loan Acceptance LSUD - 1
RESOLUTION NO. 4709
A RESOLUTION OF THE CITY OF PASCO, WASHINGTON,
AUTHORIZING THE CITY MANAGER TO EXECUTE A $3.5M LOW
INTEREST LOAN/GRANT AGREEMENT (50% FORGIVEABLE
PRINCIPAL) WITH THE PUBLIC WORKS BOARD FOR THE LEWIS
STREET UNDERPASS DEMOLITION PROJECT.
WHEREAS, the Washington State Public Works Board is entrusted with the
management of the Public Works Assistance Account by the state legislature, and in alignment
with its mission, the Public Works Board supports infrastructure projects across the State that
promote public health and safety, protect the environment, promote community and economic
development; and
WHEREAS, the Lewis Street Underpass, originally construction in 1937 was replaced
with a new Overpass which opened in April 2024; and
WHEREAS, the underpass structure is slated for removal to complete the corridor
improvements and meet the commitments the City entered with BNSF as the Easement
acquisition for placing of the Overpass;
WHEREAS, on November, 18, 2025, the Public Works Board awarded the City of Pasco
a low interest loan and grant for the demolition of the Lewis Street Underpass; and
WHEREAS, the City Council of the City of Pasco, Washington, has after due
consideration, determined that it is in the best interest of the City to enter into this loan with the
Public Works Board.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF PASCO, WASHINGTON:
That the City Council of the City of Pasco approves the terms and conditions of the Loan
between the City of Pasco and the Public Works Board, attached hereto and incorporated herein
by as Exhibit A.
Be It Further Resolved, that the that the City Council hereby authorized the City
Manager to execute the Loan Agreement between the City of Pasco and the Public Works Board;
,; and to make minor substantive changes as necessary to execute the Agreement.
Be It Further Resolved, that this resolution shall take effect immediately.
Resolution – PW Board Loan Acceptance LSUD - 2
PASSED by the City Council of the City of Pasco, Washington, on this 2nd day of March,
2026.
Charles Grimm
Mayor
ATTEST: APPROVED AS TO FORM:
_____________________________ ___________________________
Krystle Shanks Ogden Murphy Wallace, PLLC
Deputy City Clerk City Attorney