Source: http://www.codepublishing.com/WA/Pacific/html/Pacific03/Pacific0392.html
Timestamp: 2017-11-25 11:17:48
Document Index: 108566267

Matched Legal Cases: ['§ 1', '§ 1', '§ 2', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1']

3.92.020 Establishing the transportation benefit district.
3.92.025 Assumption of the Pacific Transportation District.
3.92.030 Governing board.
3.92.040 Functions of the district.
3.92.050 Transportation improvements funded.
3.92.060 Dissolution of district.
3.92.070 Liberal construction.
The purpose of this chapter is to establish a transportation benefit district (TBD) pursuant to RCW 35.21.225 and Chapter 36.73 RCW, consistent with the public interest, to provide adequate levels of funding for transportation improvements that preserve, maintain and, as appropriate, construct or reconstruct the transportation infrastructure of the city of Pacific. (Ord. 1933 § 1, 2016).
There is created a transportation benefit district to be known as the Pacific transportation benefit district or “district” with geographical boundaries comprised of the corporate limits of the city as they currently exist or as they may exist following future annexations. (Ord. 1933 § 1, 2016).
The city hereby assumes all the rights, powers, functions and obligations of the Pacific transportation benefit district and by this action the Pacific transportation benefit district will cease to exist as a separate entity. (Ord. 1935 § 2, 2016).
A. The governing board of the Pacific transportation benefit district shall be the Pacific city council, acting in an ex officio and independent capacity, which shall have the authority to exercise the statutory powers set forth in Chapter 36.73 RCW.
C. The board 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). The policy must at least address material changes to cost, scope and schedule, the level of change that will require governing body involvement and how the governing body will address those changes. At a minimum, if the district funding participation in a transportation improvement exceeds its original cost by more than 20 percent as identified in the district’s original plan, a public hearing shall be held to solicit public comment regarding how the cost change should be resolved.
D. The board shall issue an annual report, pursuant to the requirements of RCW 36.73.160(2). (Ord. 1933 § 1, 2016).
A. The district, by a majority vote of its governing board, may authorize a motor vehicle license fee of up to $20.00 as provided in RCW 82.80.140 for the purposes set forth in this chapter and as may be subsequently authorized according to law.
B. The district may impose additional taxes, fees or charges authorized by RCW 36.73.040 or ad valorem property taxes authorized by RCW 36.73.060, only if approved by district voters pursuant to RCW 36.73.065.
C. The district shall have all powers and functions provided by Chapter 36.73 RCW to fulfill the functions of the district, including the power to issue general obligation bonds and revenue bonds as provided in RCW 36.73.070, or form a local improvement district as provided in RCW 36.73.080. (Ord. 1933 § 1, 2016).
Additional transportation improvement projects may be funded only after compliance with the provisions of RCW 36.73.050(2)(b) following notice, public hearing and enactment of an authorizing ordinance. (Ord. 1933 § 1, 2016).
The district shall be automatically dissolved when all indebtedness of the district has been retired and when all of the district’s anticipated responsibilities have been satisfied. (Ord. 1933 § 1, 2016).
This chapter is to be liberally construed to accomplish the purpose of establishing a transportation benefit district with the broadest possible authority under Chapter 36.73 RCW, as it now exists or is hereafter amended. (Ord. 1933 § 1, 2016).