Seattle voters will get to decide whether the city will borrow nearly $300 million to repair and rebuild the aging waterfront seawall.
The city council voted 8-0 Monday to send the proposed $290 million bond issue to the voters, who will see it on the general election ballot this fall. (Council president Sally Clark was not present.)
According to the council, the funds raised in the bond issue "would pay for construction of the new seawall from South Washington Street to Virginia Street and providing funds toward replacing the deteriorated pilings and decking of the two City-owned piers that extend from the seawall: Pier 58, known as Waterfront Park, and Pier, 62/ 63, both of which are owned and operated by the Seattle Parks Department."
Last month, councilmembers issued a statement arguing that "[s]eawall replacement is ... necessary to support construction of a new Alaskan Way surface road following removal of the Viaduct. The seawall must be removed and rebuilt by 2016 to ensure that Alaskan Way can be rebuilt to provide public access to the waterfront and area businesses."