Chapter 12.42
TUMWATER TRANSPORTATION BENEFIT DISTRICT
Sections:
12.42.010 Establishing transportation benefit district.
12.42.030 Authority of the district.
12.42.050 Dissolution of district.
12.42.060 Liberal construction.
12.42.010 Establishing transportation benefit district.
There is created a transportation benefit district with geographical boundaries comprised of the corporate limits of the city as they currently exist or as they may exist in the future.
(Ord. O2014-019, Added, 09/16/2014)
12.42.020 Governing body.
A. The governing body of the transportation benefit district shall be the Tumwater city council, which shall have the authority to exercise the statutory powers set forth in Chapter 36.73 RCW.
B. The treasurer of the transportation benefit district shall be the city finance director.
C. The governing body 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 governing body shall issue an annual report, pursuant to the requirements of RCW 36.73.160(2).
(Ord. O2015-013, Amended, 11/02/2015; Ord. O2014-019, Added, 09/16/2014)
12.42.030 Authority of the district.
The board shall have and may exercise any powers provided by law to fulfill the purpose of the district.
(Ord. O2014-019, Added, 09/16/2014)
12.42.040 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 shall be made in an effort to reduce the risk of transportation facility failure and improve safety, decrease 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. O2014-019, Added, 09/16/2014)
12.42.050 Dissolution of district.
The transportation benefit district shall be dissolved when all indebtedness of the district has been retired and when all of the district’s anticipated responsibilities have been satisfied.
(Ord. O2014-019, Added, 09/16/2014)
12.42.060 Liberal construction.
This chapter is to be liberally construed to accomplish the purpose of establishing a transportation benefit district.
(Ord. O2014-019, Added, 09/16/2014)