Item No. 6a_Supp_Revised_2014_01_14 
Date of Meeting: January 14, 2014 
BNSF Eastside Rail
Corridor Acquisition and
Disposition

,..
.-
.....-."o-
3."...Mnn. ....'

w.M....  ,
smug" km... .5'
fatigue-mmvrmc
'_~"_~'.. "vw' ..
V-
Wc'at 3.3";- v.3"! ; -

_
3.13.5.321!  ..:.I..L..l
II.\\\.\
E
N



1.,
s

_:_.:.V::.:._
<__._.3.

I...                                                      .1:  E. _.
.u
.z. .. ..
u
\
_.u

....... . .

.    .1.
i...      x..
. .  .11

m
m.
r
_n


.



H
.
T...
.1
2......x  x\
x
.uw


\x
._ .z.. .  . .
.2.
.\
._ . . \..
x
3:: . u
n.
.39
_ U.

2 \\
.
.i
H .
1.2.
.1; .T
..   "a
.   .
. xix.
t...
5:.m ,
,,.
.

. mf
\
it.
n
.
.
/
.
.
,
J

M
a"!   \.l
.
nV


u
.


.
1.   .13.
_\E;
xa.-
.
\
{'9,.x ..'\\
.
\\\\..
3:}



_ z.
,.......,.....,...;:::,....t:-r..,......dunk        Id-
E
.


,

Redmond Spur 
City of Redmond 
June 30, 2010

Redmond Spur 
City of Redmond 
June 30, 2010 


Sound Transit 
April 12, 2012

Redmond Spur 
City of Redmond 
City of Kirkland                                    June 30, 2010 
April 13, 2012 


Sound Transit 
April 12, 2012

King County - Spur 
King County                                   August 14, 2012 
August 14, 2012 

Redmond Spur 
City of Kirkland                                      City of Redmond 
April 13, 2012                                     June 30, 2010 

King County 
August 14, 2012 
Sound Transit 
April 12, 2012 

King County 
August 14, 2012

Snohomish County 
2014 




King County - Spur 
King County                                   August 14, 2012 
August 14, 2012 

Redmond Spur 
City of Kirkland                                      City of Redmond 
April 13, 2012                                     June 30, 2010 

King County 
August 14, 2012 
Sound Transit 
April 12, 2012 

King County 
August 14, 2012

Remaining Woodinville Portion
(MP 23.8  MP 26.39)

Phase I  Acquisition 
December 17, 2009  Port of
Seattle closes on purchase of
Eastside Rail Corridor 
$81.5MM  Acquisition Price 
Port of Seattle concurrently
executes: 
Operating license with GNP
Railway Co. 
Operating and maintenance
agreement with GNP Railway
Co.

Phase I  Operations 
GNP Railway Co. 
Acquires freight easement
from BNSF 
GNP contracts with Ballard
Terminal Railroad Company 
Provides freight service
Woodinville to Snohomish 
Acquires excursion train rights
Snohomish to 124th on the
Redmond Spur 
Pays Port of Seattle a
concession fee based upon
freight volume and excursion
passenger counts

Phase 2  Reconveyance to
Third Parties 
POS conveys a permanent easement to Puget
Sound Energy December 2010-$13.8MM 
POS conveys fee interest of the portion of the
Redmond Spur within the city limits to the City
of Redmond June 2010-$10MM 
POS conveys fee interest of one mile in
Bellevue and 21 mile easement to Sound
Transit April 2012-$13.8MM 
POS conveys a fee interest to the City of
Kirkland April 2012-$5MM 
POS conveys fee interest of most of the
corridor south of Woodinville to King County
August 2012-$15MM

Utility / Public Project
Crossings 

Puget Sound Energy Electrical      110 
Puget Sound Energy Gas          75 
WSDOT                84 
Privately held easements/licenses   800+

Significant Events 
Partnersmultiple MOUs and ILAs 
LaneContinuing litigation 
BankruptcyGNP financial default 
GNP-Eastside Community Rail transfer 
STB actions --Reactivation applications