Notes:
Notes:
"In June of 1997, the agency's [Sound Transit] board approved an innovative public-private partnership whereby the owners of the station (Nitze-Stagen and Vulcan NW) would agree to renovate and restore the station to meet the agency's requirements for a guaranteed maximum price, and deliver a building that met the agency's occupancy needs for the next century. The agency would agree to reimburse the Owner for up to $19,716,081 in rehabilitation costs if the Owner agreed to gift the building shell to Sound Transit for an additional $1.00 upon completion. This allowed the agency to transfer all development and financial risk of the project to the current owners- Nitze-Stagen and Vulcan NW (including all responsibilities related to the building being listed on the National Register for Historic Places) and protect the public from cost overruns; yet be confident that the building would be completed by one of the most experienced renovators of older structures in the region." See also photographs at http://www.nitze-stagen.com/usarchives.html accessed 07/11/2007.