Newly installed Seattle Mayor Mike McGinn wants to ask voters to approve a $241 million bond measure to replace the deteriorating seawall along the city’s waterfront.

McGinn said that about 50% of the seawall is damaged and there is a one-in-10 chance of failure within the next 10 years — a failure that is likely to bring down the elevated highway that runs along the waterfront, the Alaskan Way viaduct.

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