reglab/statecodes huggingface dataset:
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.090 - Conditions precedent to making improvements.

RCW 53.25.090
Conditions precedent to making improvements.
No expenditure for improvement of property in an industrial development district, other than the expense of preparing and submitting a plan of improvement shall be made by a port district, and no property shall be acquired by it therefor except as provided for hereinbefore until it has been made a part of the comprehensive scheme of harbor improvements and industrial developments or amendments thereto.
That said comprehensive scheme or amendments thereto shall provide for the development or redevelopment of those marginal lands acquired and a provision for the continuing of the land uses which are hereby declared to constitute public uses and the purposes for which public moneys may be advanced and provide property acquired.
[ 1955 c 73 § 9. Prior: 1939 c 45 § 5; RRS § 9709-5; RCW 53.24.060.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.100 - Powers as to industrial development districts.

RCW 53.25.100
Powers as to industrial development districts.
All port districts wherein industrial development districts have been established are authorized and empowered to acquire by purchase or condemnation or both, all lands, property and property rights necessary for the purpose of the development and improvement of such industrial development district and to exercise the right of eminent domain in the acquirement or damaging of all lands, property and property rights and the levying and collecting of assessments upon property for the payment of all damages and compensation in carrying out the provisions for which said industrial development district has been created; to develop and improve the lands within such industrial development district to make the same suitable and available for industrial uses and purposes; to dredge, bulkhead, fill, grade, and protect such property; to provide, maintain, and operate water, light, power and fire protection facilities and services, streets, roads, bridges, highways, waterways, tracks, and rail and water transfer and terminal facilities and other harbor and industrial improvements; to execute leases of such lands or property or any part thereof; to establish local improvement districts within such industrial development districts which may, but need not, be coextensive with the boundaries thereof, and to levy special assessments, under the mode of annual installments, over a period not exceeding ten years, on all property specially benefited by any local improvement, on the basis of special benefits, to pay in whole or in part the damages or costs of any improvement ordered in such local improvement district; to issue local improvement bonds in any such local improvement district; to be repaid by the collection of local improvement assessments; and generally to exercise with respect to and within such industrial development districts all the powers now or hereafter conferred by law upon port districts in counties with a population of one hundred twenty-five thousand or more: PROVIDED, That the exercise of powers hereby authorized and granted shall be in the manner now and hereafter provided by the laws of the state for the exercise of such powers by port districts under the general laws relating thereto insofar as the same shall not be inconsistent with this chapter.
[ 1991 c 363 § 132; 1955 c 73 § 10. Prior: 1939 c 45 § 6; RRS § 9709-6; RCW 53.24.070.]
NOTES:
Purpose—Captions not law—1991 c 363: See notes following RCW 2.32.180.
Eminent domain: State Constitution Art. 1 § 16 (Amendment 9); Title 8 RCW.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.110 - Sale authorized in industrial development district.

RCW 53.25.110
Sale authorized in industrial development district.
When a port commission deems it for the best interests of the district and the people thereof and in furtherance of its general plan of harbor improvement, or industrial development, or both, it may sell and convey any property or part thereof owned by it within an industrial district. This section shall not be limited by chapter 53.08 RCW, pertaining to powers of port districts.
[ 1955 c 73 § 11. Prior: 1939 c 45 § 9; RRS § 9709-9; RCW 53.28.010.]
NOTES:
Harbor improvement plan: RCW 53.20.010.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.120 - Notice of hearing on sale—Hearing—Plans and specifications—Conditions—Devotion of property to public use.

RCW 53.25.120
Notice of hearing on sale—Hearing—Plans and specifications—Conditions—Devotion of property to public use.
The port commission shall give notice of the proposed sale by publication in a newspaper of general circulation in the county, and by posting in three public places in the port district at least ten days before the date fixed for the hearing thereon.
The notice shall describe the property to be sold and state that at the time and place specified therein, the commission will meet at its usual meeting place, designating it, to hear and determine the advisability of the sale.
The hearing shall be held not more than twenty days from the publication of notice. At the hearing the commission shall hear the reasons of any taxpayer in the port district, for or against the sale.
No sales shall be made, however, of the property of any industrial development district until the purchaser thereof shall have submitted to the port commission plans and specifications for the development of the property, and the plans and specifications shall be approved in writing before the property shall be conveyed, and the conditions upon which the properties are conveyed shall be set forth in the instrument conveying title thereof with the further condition that all of the conditions set forth shall be covenants running with the land. All properties acquired in the manner herein set forth shall be devoted to the public use herein provided for.
[ 1985 c 469 § 54; 1963 c 138 § 1; 1955 c 73 § 12. Prior: 1939 c 45 § 10; RRS § 9709-10; RCW 53.28.020.]
NOTES:
Validating—1963 c 138: "All sales made prior to the effective date of this amendatory act which are otherwise valid except for compliance with the limitation in section 12, chapter 73, Laws of 1955, which provided that the hearing shall be held not more than ten days from the publication of notice, are hereby ratified and validated.
All sales made prior to the effective date of this amendatory act under the provisions of section 18, chapter 73, Laws of 1955 and RCW 53.25.180 are hereby ratified and validated." [ 1963 c 138 § 3.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.130 - Findings and determination—Record—Appeal.

RCW 53.25.130
Findings and determination—Record—Appeal.
Within three days after the hearing the commission shall make its findings and determination on the advisability of making the sale and enter its determination in its records. Any aggrieved party may appeal the determination of the commission by filing appeal with the superior court of the county in which the district is located within twenty days of the entry of the determination but no appeal shall be allowed except on the grounds that the action of the commission was arbitrary, capricious, or unlawful.
[ 1955 c 73 § 13. Prior: 1939 c 45 § 11; RRS § 9709-11; RCW 53.28.030.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.140 - Action on determination—Sale by competitive bid or negotiation.

RCW 53.25.140
Action on determination—Sale by competitive bid or negotiation.
If the determination is against the sale, all proceedings thereon shall terminate. If the commission determines in favor of the sale by at least a two-thirds vote of the full commission, it shall in its discretion, either enter an order fixing a period, not less than twenty nor more than thirty days from the date of the order, during which bids will be received for the property or any part thereof, and give notice thereof in the same manner as for the hearing on the proposal to sell or negotiate the sale with an appropriate purchaser, provided that in any such negotiated sale the purchase price must not be less than the fair market value of the property which shall be determined by an average of at least two independent appraisals performed by licensed real estate brokers or professionally designated real estate appraisers as defined in *RCW 74.46.020. Whether the property is sold by competitive bidding or negotiation, other real property conveyed by the purchaser to the commission may constitute all or a portion of the consideration for the sale.
[ 1984 c 195 § 1; 1955 c 73 § 14. Prior: 1939 c 45 § 12; RRS § 9709-12; RCW 53.28.040.]
NOTES:
*Reviser's note: RCW 74.46.020 was amended by 2010 1st sp.s. c 34 § 2, deleting the definition of "professionally designated real estate appraiser."
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.150 - Competitive bids—Conditions—Acceptance.

RCW 53.25.150
Competitive bids—Conditions—Acceptance.
If the commission chooses to sell the property through competitive bidding under RCW 53.25.140:
(1) Bids may be submitted for the property or any part of it, shall state the use which the bidder intends to make of it, and the commission may require the successful bidder to file additional information as to the intended use, and may require of him or her security as assurance that the property will be used for that purpose;
(2) All sales shall be made to the best bidder, and in determining the best bid, the commission may also consider the nature of the proposed use and the relation thereof to the improvement of the harbor and the business and facilities thereof;
(3) Within thirty days after the last day for submitting bids, the commission shall decide which if any bids it accepts. All sales shall be made upon such terms and conditions as the commission may prescribe.
[ 2010 c 8 § 16007; 1984 c 195 § 2; 1955 c 73 § 15. Prior: 1939 c 45 § 13, part; RRS § 9709-13, part; RCW 53.28.050.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.160 - Devotion of property to intended use—Remedy—Restraint on alienation.

RCW 53.25.160
Devotion of property to intended use—Remedy—Restraint on alienation.
The purchaser shall, within one year from the date of purchase, devote the property to its intended use, or shall commence work on the improvements thereon to devote it to such use, and if he or she fails to do so, the port commission may cancel the sale and return the money paid on the purchase price, and title to the property shall revert to the district. This remedy shall be in addition to any other remedy under the terms of the sale. No purchaser shall transfer title to such property within one year from the date of purchase.
[ 2010 c 8 § 16008; 1955 c 73 § 16. Prior: 1939 c 45 § 13, part; RRS § 9709-13, part; RCW 53.28.060.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.170 - Covenant running with the land—Forfeiture.

RCW 53.25.170
Covenant running with the land—Forfeiture.
All sales made in accordance with the provisions of this chapter shall have incorporated in the instrument of conveyance of title the conditions of this chapter relating to the use of the land as a covenant running with the land. Any violation of such covenant shall result in a right by the commission, as grantee, to forfeit the land.
[ 1955 c 73 § 17.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.190 - Eminent domain.

RCW 53.25.190
Eminent domain.
All port districts of the state of Washington which have created or may hereafter create industrial development districts in the manner provided by law, in addition to all powers possessed by such port districts, be and are hereby granted power of eminent domain to acquire real property within the limits of such industrial development district which property is marginal lands as the term is herein defined. The exercise of the power granted in this section shall be exercised in the same manner and by the same procedure as in or may be provided by law for cities of the first class except insofar as such duties may be inconsistent with the provisions of this chapter and the duties devolving upon the city treasurer under said law be and the same are hereby imposed upon the county treasurer for the purposes of this chapter.
[ 1955 c 73 § 19.]
NOTES:
Eminent domain: State Constitution Art. 1 § 16 (Amendment 9).
Eminent domain by cities: Chapter 8.12 RCW.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.200 - Advances of general fund moneys or credit.

RCW 53.25.200
Advances of general fund moneys or credit.
Port districts are hereby granted the power to advance their general fund moneys or credit, or both, without interest to accomplish the objects and purposes of this chapter, which fund shall be repaid from the sale or lease, or both, of such developed or redeveloped lands, provided, if the money advanced for such development or redevelopment was obtained from the sale of general obligation bonds of the port, then such advances shall bear the same rate of interest that said bonds bore.
[ 1955 c 73 § 20.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.210 - Determination that land sought by eminent domain is marginal.

RCW 53.25.210
Determination that land sought by eminent domain is marginal.
The determination that property sought by eminent domain proceedings is marginal lands as herein defined is a judicial question, provided that a duly adopted resolution of the commissioners of the port district that the property sought is marginal lands as the term is herein defined, setting forth the characteristics of the lands sought to be acquired which constitutes the marginal lands as herein defined, shall be prima facie evidence that such land is marginal lands as defined in this chapter.
[ 1955 c 73 § 21.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.25 - Industrial Development Districts—Marginal Lands. › 53.25.900 - Repeal and saving.

RCW 53.25.900
Repeal and saving.
Chapter 53.24 RCW and chapter 53.28 RCW and chapter 45, Laws of 1939, as last amended by section 1, chapter 166, Laws of 1943 are repealed: PROVIDED, That nothing herein contained shall be construed as affecting any existing right acquired under the provisions of said act.
[ 1955 c 73 § 22.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.29 - Trade Center Act. › 53.29.010 - Declaration of purpose.

RCW 53.29.010
Declaration of purpose.
It is declared to be the finding of the legislature of the state of Washington that:
(1) The servicing functions and activities connected with the oceanborne and overseas airborne trade and commerce of port districts, including customs clearance, shipping negotiations, cargo routing, freight forwarding, financing, insurance arrangements and other similar transactions which are presently performed in various, scattered physical and electronic locations in the districts should be centralized to provide for more efficient and economical transportation of persons and more efficient and economical physical or electronic facilities and services for the exchange and buying, selling and transportation of commodities and other property in world trade and commerce;
(2) Unification, at a single, centrally located physical or electronic site of a facility of commerce, i.e., a trade center, accommodating the functions and activities described in subsection (1) of this section and the appropriate governmental, administrative and other services connected with or incidental to transportation and security of persons and property and the promotion and protection of port commerce, and providing a central locale for exhibiting, and otherwise promoting the exchange and buying and selling of commodities and property in world trade and commerce, will materially assist in preserving the material and other benefits of a prosperous port community;
(3) The undertaking of the aforesaid unified trade center project by a port district or the Washington public ports association has the single object of preserving, and will aid in the promotion, security, and preservation of, the economic well-being of port districts and the state of Washington and is found and determined to be a public purpose.
[ 2002 c 145 § 1; 1989 c 425 § 5; 1967 c 56 § 1.]
NOTES:
Findings—Severability—1989 c 425: See notes following RCW 53.06.070.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.29 - Trade Center Act. › 53.29.015 - Definitions.

RCW 53.29.015
Definitions.
The definitions in this section apply throughout RCW 53.29.020 and 53.29.030 unless the context clearly requires otherwise.
(1) "Person" has the same meaning as defined in the electronic signatures in global and national commerce act (15 U.S.C. Sec. 7006 (8)) in effect on June 13, 2002.
(2) "Transaction" has the same meaning as defined in the electronic signatures in global and national commerce act (15 U.S.C. Sec. 7006 (13)) in effect on June 13, 2002. However, "transaction" also includes actions relating to governmental affairs.
[ 2002 c 145 § 4.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.29 - Trade Center Act. › 53.29.020 - Power to establish trade centers—Facilities authorized.

RCW 53.29.020
Power to establish trade centers—Facilities authorized.
In addition to all other powers granted to port districts, any such district, the Washington public ports association, or the federation of Washington ports as described in RCW 53.06.070 may acquire, as provided for other port properties in RCW 53.08.010, construct, develop, operate and maintain all land or other property interests, buildings, structures or other improvements, and may participate in transactions necessary to provide, electronically or otherwise, facilities or to exercise powers or purposes of a trade center including but not limited to the following electronic or physical facilities:
(1) A facility consisting of one or more structures, improvements and areas for the centralized accommodation of public and private agencies, persons and facilities in order to afford improved service to waterborne and airborne import and export trade and commerce;
(2) Facilities for the promotion of such import and export trade and commerce, inspection, testing, display and appraisal facilities, foreign trade zones, terminal and transportation facilities, office meeting rooms, auditoriums, libraries, language translation services, storage, warehouse, marketing and exhibition facilities, facilities for federal, state, county and other municipal and governmental agencies providing services relating to the foregoing and including, but not being limited to, customs houses and customs stores, and other incidental facilities and accommodations.
[ 2002 c 145 § 2; 1989 c 425 § 6; 1967 c 56 § 2.]
NOTES:
Findings—Severability—1989 c 425: See notes following RCW 53.06.070.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.29 - Trade Center Act. › 53.29.030 - Cooperation with other entities—Annual service fee for support of local government.

RCW 53.29.030
Cooperation with other entities—Annual service fee for support of local government.
(1) In carrying out the powers authorized by this chapter and chapter 53.06 RCW, port districts and the Washington public ports association are authorized to cooperate, act, and invest jointly with other public and private agencies and persons, including, but not limited to, the federal government, the state, other ports and municipal corporations, other states and their political subdivisions, and private nonprofit trade promotion groups and associate development organizations.
(2) Port districts operating trade center buildings or operating association or federation trade centers, shall pay an annual service fee to the county treasurer wherein the center is located for municipal services rendered to the trade center building. The measure of such service fee shall be equal to three percent of the gross rentals received from the nongovernmental tenants of such trade center building. Such proceeds shall be distributed by the county treasurer as follows: Forty percent to the school district, forty percent to the city, and twenty percent to the county wherein the center is located: PROVIDED, That if the center is located in an unincorporated area, twenty percent shall be allocated to the fire district, forty percent to the school district, and forty percent to the county.
[ 2002 c 145 § 3; 1989 c 425 § 7; 1967 c 56 § 3.]
NOTES:
Findings—Severability—1989 c 425: See notes following RCW 53.06.070.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.29 - Trade Center Act. › 53.29.900 - Short title—Liberal construction—Powers cumulative.

RCW 53.29.900
Short title—Liberal construction—Powers cumulative.
This chapter, which may be known and cited as the "Trade Center Act", shall be liberally construed, its purpose being to provide port districts, and their related association and federation, with additional powers to provide trade centers and to promote and encourage trade, tourism, travel, and economic development in a coordinated and efficient manner through the ports of the state of Washington. The powers herein granted shall be in addition to all others granted to port districts.
[ 1989 c 425 § 8; 1967 c 56 § 4.]
NOTES:
Findings—Severability—1989 c 425: See notes following RCW 53.06.070.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.31 - Export Trading Companies. › 53.31.010 - Legislative findings—Intent.

RCW 53.31.010
Legislative findings—Intent.
It is declared to be the public policy of the state to promote and preserve the economic well-being of the citizens of this state by creating opportunities for expanded participation in international trade by state businesses and expanding international trade through state ports. Increased international trade of state products creates and retains jobs, increases the state's tax base, and diversifies the state's economy. Port districts, through economies of scale, are uniquely situated to promote and expand international trade and provide greater opportunities for state businesses to participate in international trade.
The legislature finds that significant public benefit, in the form of increased employment and tax revenues, can be realized through export trading companies without lending the credit of port districts, and without capital investment of public funds by port districts. The legislature finds that the use of port district funds to promote and establish export trading companies under this chapter constitutes trade promotion and industrial development within the meaning of Article VIII, section 8 of the state Constitution.
It is the purpose of this chapter: (1) To stimulate greater participation by private businesses in international trade; (2) to authorize port districts to promote and facilitate international trade more actively; (3) to make export services more widely available; (4) to generate revenue for port districts; and (5) to develop markets for Washington state goods and services. Port sponsored export trading companies can also assist small to medium-sized companies in achieving economies of scale in order to expand into the export market.
It is the intent of this chapter to enhance export trade and not to create outside competition for existing Washington state businesses. The primary intent of a port sponsored export trading company is to increase exports of Washington state products.
This chapter shall not be construed as modifying or restricting any other powers granted to port districts by law. The legislature does not intend by the enactment of this chapter for port districts to use export trading companies to create unfair competition with private business.
[ 1986 c 276 § 1.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.31 - Export Trading Companies. › 53.31.020 - Definitions.

RCW 53.31.020
Definitions.
Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.
(1) "Port district" means any port district other than a countywide port district in a county with a population of two hundred ten thousand or more, established under Title 53 RCW.
(2) "Export services" means the following services when provided in order to facilitate the export of goods or services through Washington ports: International market research, promotion, consulting, marketing, legal assistance, trade documentation, communication and processing of foreign orders to and for exporters and foreign purchasers, financing, and contracting or arranging for transportation, insurance, warehousing, foreign exchange, and freight forwarding.
(3) "Export trading company" means an entity created by a port district under RCW 53.31.040.
(4) "Obligations" means bonds, notes, securities, or other obligations or evidences of indebtedness.
(5) "Person" means any natural person, firm, partnership, association, private or public corporation, or governmental entity.
[ 1991 c 363 § 133; 1986 c 276 § 2.]
NOTES:
Purpose—Captions not law—1991 c 363: See notes following RCW 2.32.180.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.31 - Export Trading Companies. › 53.31.030 - Export trading companies—Authorized—Adoption of business plan.

RCW 53.31.030
Export trading companies—Authorized—Adoption of business plan.
(1) Public port districts, formed under chapter 53.04 RCW are authorized to establish export trading companies and a company so formed may contract with other public ports, financial institutions, freight forwarders, and public or private concerns within or outside the state to carry out the purposes of this chapter. A port district may participate financially in only one export trading company.
(2) A port district proposing to establish an export trading company shall adopt a business plan with safeguards and limitations to ensure that any private benefit to be realized from the use of funds of the export trading company are incidental to the purposes of this chapter. The business plan shall be adopted only after public hearing and shall be reviewed at least once every two years. Amendments to the plan shall be adopted only after public hearing. The business plan shall include:
(a) A description of export promotion activities to be conducted during the period of the plan;
(b) A proposed budget of operations which shall include an itemized list of estimated revenues and expenditures;
(c) A description of the safeguards and limitations which ensure that the export trading company will best be used to enhance international trade and produce public benefit in the form of employment, capital investment, and tax revenues;
(d) A description of private competitors which may be capable of providing the functions in the business plan; and
(e) Such other matters as may be determined by the port district.
(3) A port district, for the purpose of establishing or promoting an export trading company under this chapter, may provide financial assistance to the export trading company. A port district may not provide such assistance or services for more than five years or in an amount greater than five hundred thousand dollars.
[ 1986 c 276 § 3.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.31 - Export Trading Companies. › 53.31.050 - Confidentiality of records supplied by private persons.

RCW 53.31.050
Confidentiality of records supplied by private persons.
All financial and commercial information and records supplied by private persons to an export trading company with respect to export projects shall be kept confidential unless such confidentiality shall be waived by the party supplying the information or by all parties engaged in the discussion.
[ 1986 c 276 § 5.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.31 - Export Trading Companies. › 53.31.060 - Certificate of review under federal export trading company act—Authorized.

RCW 53.31.060
Certificate of review under federal export trading company act—Authorized.
An export trading company may apply for and hold a certificate of review provided for under 15 U.S.C. Secs. 4001 through 4021, the federal export trading company act of 1982.
[ 1986 c 276 § 6.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.010 - Toll bridges, tunnels authorized—Highway approaches—Tolls proposed.

RCW 53.34.010
Toll bridges, tunnels authorized—Highway approaches—Tolls proposed.
In addition to all other powers granted to port districts, any such district may, with the consent of the department of transportation, acquire by condemnation, purchase, lease, or gift, and may construct, reconstruct, maintain, operate, furnish, equip, improve, better, add to, extend, and lease to others in whole or in part and sell in whole or in part any one or more of the following port projects, within or without or partially within and partially without the corporate limits of the district whenever the commission of the district determines that any one or more of such projects are necessary for or convenient to the movement of commercial freight and passenger traffic a part of which traffic moves to, from, or through the territory of the district:
(1) Toll bridges;
(2) Tunnels under or upon the beds of any river, stream, or other body of water, or through mountain ranges.
In connection with the acquisition or construction of any one or more of such projects the port districts may, with the consent of the state department of transportation, further acquire or construct, maintain, operate, or improve limited or unlimited access highway approaches of such length as the commission of such district deems advisable to provide means of interconnection of the facilities with public highways and of ingress and egress to any such project, including plazas and toll booths, and to construct and maintain under, along, over, or across any such project telephone, telegraph, or electric transmission wires and cables, fuel lines, gas transmission lines or mains, water transmission lines or mains, and other mechanical equipment not inconsistent with the appropriate use of the project, all for the purpose of obtaining revenues for the payment of the cost of the project.
Consistent with RCW 47.56.850, any toll, including any change in an existing toll rate, proposed under this section must first be reviewed and approved by the tolling authority designated in RCW 47.56.850 if the toll, or change in toll rate, would have a significant impact, as determined by the tolling authority, on the operation of any state facility.
[ 2008 c 122 § 21; 1984 c 7 § 365; 1959 c 236 § 1.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.030 - Revenue bonds and notes—Authorized—Purposes—Sale, maturity, cost.

RCW 53.34.030
Revenue bonds and notes—Authorized—Purposes—Sale, maturity, cost.
Whenever any port district shall determine to acquire or construct any one or more projects authorized under the provisions of this chapter, the commission of such district shall have the power and is authorized to issue negotiable revenue bonds and notes from time to time in one or more series or installments in such principal amount as, in the opinion of the commission, shall be necessary to provide sufficient money for the acquisition, construction, reconstruction, extension or improvement thereof as set forth in RCW 53.34.010, including engineering, inspection, legal and financial fees and costs, working capital, interest on such bonds and notes during construction and for a reasonable period thereafter, establishment of reserves to secure such bonds and notes and all other expenditures of such district incidental, necessary or convenient to the establishment of such projects on a sound financial basis, and to issue negotiable revenue bonds and notes for the purpose of renewing or refunding such outstanding bonds and notes in whole or in part at or prior to maturity. All such revenue bonds or notes shall be negotiable instruments within the meaning and purposes of the negotiable instruments law and shall be sold by the commission in such manner and for such price as the commission deems for the best interests of the district: PROVIDED, That the bonds and warrants may be in any form, including bearer bonds or bearer notes, or registered bonds or registered notes as provided in RCW 39.46.030. The commission may provide in any contract for the construction or acquisition of all or any part of a project or projects or for the additions or betterments thereto or extensions or improvements thereof that payment therefor shall be made only in such revenue bonds or notes. Any revenue bonds issued under the authority of chapter 236, Laws of 1959 shall have a final maturity not to exceed forty years from date of issue.
[ 1983 c 167 § 133; 1970 ex.s. c 56 § 69; 1969 ex.s. c 232 § 79; 1959 c 236 § 3.]
NOTES:
Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.
Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.
Validation—Saving—Severability—1969 ex.s. c 232: See notes following RCW 39.52.020.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.040 - Revenue bonds and notes—Resolution—Security—Form, interest, payment, etc.

RCW 53.34.040
Revenue bonds and notes—Resolution—Security—Form, interest, payment, etc.
(1) Revenue bonds and notes may be issued by one or more resolutions and may be secured by trust agreement by and between the district and one or more corporate trustees, depositories, or fiscal agents, which may be any trust company or state or national bank having powers of a trust company within or without the state of Washington. Such bonds or notes shall bear such date or dates, mature at such time or times, bear interest at such rate or rates, be in such denominations, be in such form either coupon or registered as provided in RCW 39.46.030, carry such registration privileges, be executed in such manner, be payable in such medium of payment at such place or places within or without the state of Washington, and be subject to such terms of redemption and at such redemption premiums as such resolution, resolutions, or trust agreements may provide. No proceedings for the issuance of such bonds or notes shall be required other than those required by the provisions of this chapter, and none of the provisions of any other laws relative to the terms and conditions for the issuance, payment, redemption, registration, sale or delivery of bonds of public bodies, corporation, or political subdivisions of this state shall be applicable to bonds or notes issued by port districts pursuant to this chapter.
(2) Notwithstanding subsection (1) of this section, such bonds and notes may be issued and sold in accordance with chapter 39.46 RCW.
[ 1983 c 167 § 134; 1970 ex.s. c 56 § 70; 1969 ex.s. c 232 § 80; 1959 c 236 § 4.]
NOTES:
Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.
Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.
Validation—Saving—Severability—1969 ex.s. c 232: See notes following RCW 39.52.020.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.060 - Notes.

RCW 53.34.060
Notes.
A district shall have power from time to time to issue bond anticipation revenue notes (herein referred to as notes), and from time to time to issue renewal notes, such notes in any case to mature not later than six years from the date of incurring the indebtedness represented thereby in an amount not exceeding in the aggregate at any time outstanding the amount of revenue bonds then or theretofore authorized but not issued. Payment of such notes shall be made from any moneys or revenue which the district may have available for such purpose or the proceeds of the sale of revenue bonds of the district, or such notes may be exchanged for a like amount of such revenue bonds bearing the same or a lower or higher rate of interest than that borne by such notes.
All notes may be issued and sold in the same manner as revenue bonds. Any district shall have power to make contracts for the future sale from time to time of notes on terms and conditions stated in such contracts, and the district shall have power to pay such consideration as it shall deem proper for any commitments to purchase notes in the future. Such notes may also be collaterally secured by pledges and deposits with a bank or trust company, in trust for the payment of said notes, of revenue bonds in an aggregate amount at least equal to the amount of such notes and, in any event, in amount deemed by the district sufficient to provide for the payment of the notes in full at the maturity thereof. The district may provide in such collateral agreement that the notes may be exchanged for revenue bonds held as collateral security for the notes, or that the trustee may sell the revenue bonds if the notes are not otherwise paid at maturity and apply the proceeds of such sale to the payment of the notes. Such notes shall bear interest at a rate or rates as authorized by the port commission.
[ 1970 ex.s. c 56 § 71; 1969 ex.s. c 232 § 81; 1959 c 236 § 6.]
NOTES:
Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.
Validation—Saving—Severability—1969 ex.s. c 232: See notes following RCW 39.52.020.
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.070 - Bonds and notes payable solely from revenues, etc.—Adequate rates and charges to be established.

RCW 53.34.070
Bonds and notes payable solely from revenues, etc.—Adequate rates and charges to be established.
Revenue bonds and notes issued under the provisions of this chapter shall be payable solely from the revenues, income, receipts, profits, charges, fees, rentals, and moneys received or derived by or through the ownership, operation, sale, lease, or other disposition in whole or in part of any project or projects authorized under the provisions of this chapter, or through the issuance of refunding bonds or notes, and the commission of any district issuing revenue bonds or notes under the authority of this chapter shall establish, maintain, and collect rates, tolls, rents, and charges from time to time so long as any of such revenue bonds are outstanding and unpaid for all services sold, furnished, or supplied by or through any such project or projects sufficient to produce an amount, together with any other moneys of the district available and dedicated to such purpose, to pay the principal of and interest and premium, if any, on all revenue bonds and notes payable from the revenues of any project or projects as the same may respectively fall due in accordance with the terms of the resolution or resolutions or trust agreement authorizing the issuance and securing the payment of such obligations.
[ 1959 c 236 § 7.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.080 - Special funds and accounts—Disposition.

RCW 53.34.080
Special funds and accounts—Disposition.
The resolution, resolutions, or trust agreement providing for the issuance of revenue bonds or notes pursuant to the provisions of this chapter shall create and establish a special fund of the district into which the district shall be obligated to deposit as collected all income, revenues, receipts, and profits derived by the district through the ownership and operation of any project or projects acquired or constructed from the proceeds of the sale of such revenue bonds or notes: PROVIDED, That additional separate special funds or accounts may be created by such resolution or trust agreement into which the district may obligate itself to deposit the proceeds of the sale of such revenue bonds and notes, the proceeds of the sale or other disposition in whole or in part of any project or projects, the proceeds of any policies of insurance on such projects, and any other additional moneys received by the district and applicable to such projects. All such moneys shall be held by the district, the depositories and trustees of such funds and accounts, in trust for the equal and ratable benefit and security of the holders from time to time of the revenue bonds and notes issued pursuant to the resolution, resolutions, or trust agreement establishing such special funds or accounts, and shall be collected, held, deposited, and disbursed solely for the acquisition, construction, operation, maintenance, renewal, replacement, improvement, extension, and betterment of such project or projects and the payment of the principal of and interest and premium, if any, on the revenue bonds and notes issued pursuant to such resolution, resolutions, or trust agreements, and the creation and maintenance of reasonable reserves for all such purposes: PROVIDED, HOWEVER, That the district may in its discretion and subject to any agreements with the holders of such revenue bonds and notes expend amounts of such moneys as are not required for the purposes aforesaid for other corporate purposes of the district.
The district may pledge such moneys or revenues of the district subject to prior pledges thereof, if any, for the payment of such notes and may in addition secure the notes in the same manner as herein provided for revenue bonds.
[ 1959 c 236 § 8.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.090 - Pledge of moneys, when binding—When lien attaches.

RCW 53.34.090
Pledge of moneys, when binding—When lien attaches.
It is the intention hereof that any pledge of revenues, income, receipts, profits, charges, fees, or other moneys made by a district for the payment of bonds shall be valid and binding from the time of the adoption of any resolution or the execution of any trust agreement making such pledge notwithstanding the fact that there may not then be any simultaneous delivery thereof, that the revenues, income, receipts, profits, charges, fees, and other moneys so pledged shall as soon as received by the district immediately be subject to the lien of such pledge without the physical delivery thereof and without further act, and that the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the district irrespective of whether such parties have notice thereof. Neither the resolution, resolutions, or trust agreement authorizing revenue bonds or notes nor any other instrument by which such a pledge is created need be recorded to be effective.
[ 1959 c 236 § 9.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.100 - No personal liability on bonds or notes.

RCW 53.34.100
No personal liability on bonds or notes.
Neither the members of a commission nor any person executing revenue bonds or notes shall be liable personally on such bonds or notes, or be subject to any personal liability or accountability by reason of the issuance thereof.
[ 1959 c 236 § 10.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.110 - District may purchase bonds or notes.

RCW 53.34.110
District may purchase bonds or notes.
A district shall have power out of any funds available therefor to purchase revenue bonds or notes of such district. Any bonds or notes so purchased may be held, canceled, or resold by the district subject to and in accordance with any resolution or resolutions or trust agreements with bondholders.
[ 1959 c 236 § 11.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.120 - State not to limit or alter rights of district or impair rights or remedies of bond or note holders.

RCW 53.34.120
State not to limit or alter rights of district or impair rights or remedies of bond or note holders.
The state of Washington does hereby covenant and agree with the holders of revenue bonds or notes issued by a district under the authority of this chapter that the state will not limit or alter the rights hereby vested in a district to acquire, maintain, construct, reconstruct, improve, extend, add to, better and operate the projects authorized to be constructed or acquired under the provisions hereof and to establish, collect, and pledge such rates, rentals, tolls, charges, license, and other fees as may be convenient or necessary to produce sufficient revenue to meet the expense of maintenance and operation of such projects and to fulfill the terms of any agreements made with holders of such revenue bonds and notes or in any way impair the rights and remedies of bondholders and noteholders until the bonds or notes together with interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of the bondholders or noteholders, are fully met and discharged. The provisions of this chapter and of the resolutions, trust agreements and proceedings authorizing revenue bonds and notes hereunder shall constitute a contract with the holders of said bonds and notes.
[ 1959 c 236 § 12.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.130 - Bonds, notes, obligations not state or district debt—No ad valorem taxes.

RCW 53.34.130
Bonds, notes, obligations not state or district debt—No ad valorem taxes.
The revenue bonds, revenue notes, and any other obligations of a district issued under the authority of this chapter shall not be a debt of the state of Washington or of any political subdivision of this state, nor shall such obligations be considered indebtedness of the port district issuing same within any constitutional, statutory, or other limitation of indebtedness, and neither the state nor any political subdivision thereof, including the port district issuing such revenue bonds or notes, shall ever become obligated to levy ad valorem taxes on any taxable property within the state for the payment of such revenue bonds and notes, but such revenue bonds and notes shall be payable solely from and shall be a charge only upon the revenues and other funds of the project or projects pledged to the payment thereof by the proceedings authorizing the issuance of such bonds and notes.
[ 1959 c 236 § 13.]
2023 Revised Code of Washington › Title 53 - Port Districts › Chapter 53.34 - Toll Facilities. › 53.34.140 - Registration of bonds and notes—Prima facie validity.

RCW 53.34.140
Registration of bonds and notes—Prima facie validity.
Prior to the issuance and delivery of revenue bonds or notes under the authority of this chapter, such revenue bonds or notes and a certified copy of the resolution, resolutions, or trust agreements authorizing such revenue bonds or notes shall be forwarded by the port commission to the state auditor together with any additional information requested by him or her, and when such revenue bonds or notes have been examined they shall be registered by the auditor in books to be kept by him or her for that purpose, and a certificate of registration shall be endorsed upon each such revenue bond or note and signed by the auditor or a deputy appointed by him or her for that purpose.
Revenue bonds or notes so registered shall then be prima facie valid and binding obligations of the port district in accordance with the terms thereof, notwithstanding any defect or irregularity in the proceedings for the authorization and issuance of such revenue bonds or notes or in the sale, execution or delivery thereof or in the application of the proceeds thereof.
[ 2010 c 8 § 16010; 1959 c 236 § 14.]