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Council approves $660,000 from traffic-safety fund to close funding gap for 40th Place roundabout
Summary
The Lake Forest Park City Council voted unanimously to use traffic-safety funds to cover a $660,000 shortfall on the 40th Place roundabout project so the project can be advertised and taken to bid; lawmakers and staff will continue to seek a legislative allocation that could reimburse the city.
The Lake Forest Park City Council voted unanimously Jan. 29 to authorize use of the city's traffic-safety fund to cover a $660,000 gap in funding for the planned 40th Place roundabout, allowing staff to proceed toward advertisement and bidding.
City Administrator Phil Hill told the council the project budget currently stands at $7,028,000 and is funded through a mix of Transportation Improvement Board grants, a WSDOT legislative allocation, city transportation capital funds, and a $2 million Public Works Board loan. Hill said Transportation Improvement…
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