King County (Seattle area) Exec Ron Sims is now saying the rails on the Woodinville - Renton BNSF segment will remain in place after the Port / County purchase - swap. Earlier he was planning to remove the rails. Trail plans are still part of the plan.
Here's a link to the story:
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www.rtands.com]
Scroll down to "Tracks to remain on Seattle-area trail-rail corridor" (April 15th)