Chapter 12.14
TRANSPORTATION BENEFIT DISTRICT
12.14.000 Chapter Contents
Sections:
12.14.010 Transportation Benefit District Establishment and Assumption; Boundaries.
12.14.020 Governing Board.
12.14.030 Authority of the District.
12.14.040 Use of Funds.
12.14.050 Dissolution of District.
12.14.060 Liberal Construction
(Ord. 7299 §3, 2021)
12.14.010 Transportation Benefit District Establishment and Assumption; Boundaries.
There exists a Transportation Benefit District, established in 2008 by Ordinance No. 6611, of which the City of Olympia assumed the rights, powers, functions, and obligations in 2021 by Ordinance No. 7299. The geographical boundaries of the Transportation Benefit District are the corporate limits of the City as they currently exist or as they may exist following future annexations.
(Ord. 7299 §3, 2021; Ord. 6611 §3, 2008)
12.14.020 Governing Board
A. The Transportation Benefit District is governed by the Olympia City Council, which has the authority to exercise the statutory powers set forth in Chapter 36.73 RCW.
B. The treasurer of the Transportation Benefit District is the City Finance Director.
C. The City Council, or City Staff at the City Council’s direction, shall develop a material change policy to address major plan changes that affect project delivery or the ability to finance the plan, pursuant to the requirements set forth in RCW 36.73.160(1).
D. The City Council, or City Staff at the City Council’s direction, shall issue an annual report, pursuant to the requirements of RCW 36.73.160(2).
(Ord. 7299 §3, 2021; Ord. 6611 §3, 2008)
12.14.030 Authority of the District
The City has and may exercise any powers provided by law to fulfill the purpose of the District.
(Ord. 7299 §3, 2021; Ord. 6611 §3, 2008)
12.14.040 Use of Funds
The funds generated by the Transportation Benefit District may be used for any purpose allowed by law including to operate the District and to make transportation improvements that are consistent with existing state, regional, and local transportation plans and necessitated by existing or reasonably foreseeable congestion levels pursuant to Chapter 36.73 RCW. The transportation improvements funded by the District must be made in an effort to reduce risk of transportation facility failure and improve safety, decease travel time, increase daily and peak period trip capacity, improve modal connectivity, and preserve and maintain optimal performance of the infrastructure over time to avoid expensive infrastructure replacement in the future.
(Ord. 7299 §3, 2021; Ord. 6611 §3, 2008)
12.14.050 Dissolution of District
The City Council shall dissolve the Transportation Benefit District when all indebtedness of the District has been retired and when all of the District’s anticipated responsibilities have been satisfied.
(Ord. 7299 §3, 2021; Ord. 6611 §3, 2008)
12.14.060 Liberal Construction
This chapter is to be liberally construed to accomplish the purpose of establishing a Transportation Benefit District.
(Ord. 7299 §3, 2021; Ord. 6611 §3, 2008)