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Originally published September 14, 2010 at 8:43 AM | Page modified September 14, 2010 at 3:32 PM

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Gates Foundation cuts deal for new Seattle street

The Bill & Melinda Gates Foundation has made a deal with the city of Seattle to build a new street around its new campus rather than allow the city to tunnel under the property.

The Bill & Melinda Gates Foundation has made a deal with the city of Seattle to build a new street around its new campus rather than allow the city to tunnel under the property.

The new Sixth Avenue will connect Mercer Street to the deep-bore tunnel replacing the Alaskan Way Viaduct.

KING-TV reports the Foundation has agreed to pay $8 million for excavation work and a land swap. That would make the route around the foundation campus the cheaper alternative.

The agreement would keep a city street away from the Foundation's yet-to-be built third building. It gives them land for a garage entrance and it avoids a threatened lawsuit.

The plan will be presented to the Seattle City Council on Tuesday and the council is scheduled to vote on the agreement at the end of the month.

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