39.114.070 – Direct or collateral attacks.
RCW 39.114.070 Direct or collateral attacks. A direct or collateral attack on the designation of the increment area or the allocation of regular property tax revenues in conformance with applicable legal requirements, including this chapter, may not be commenced more than 30 days after adoption of the ordinance as required by RCW 39.114.020. [ 2021 […]
39.114.080 – Revenue bonds—Issuance.
RCW 39.114.080 Revenue bonds—Issuance. (1) A local government may issue revenue bonds to fund revenue-generating public improvements, or portions of public improvements, that are located within an increment area and that it is authorized to provide or operate. Whenever revenue bonds are to be issued, the legislative authority of the local government shall create or […]
39.114.090 – Supplemental nature of chapter.
RCW 39.114.090 Supplemental nature of chapter. This chapter supplements and neither restricts nor limits any powers that the state or any local government might otherwise have under any laws of this state. [ 2021 c 207 § 9.]
39.112.060 – Apportionment of revenues.
RCW 39.112.060 Apportionment of revenues. (1) Commencing in the calendar year following the passage of the ordinance, the county treasurer must distribute receipts from regular taxes imposed on real property located in the state land improvement financing area to the city. (2) The city may agree to receive less than the full amount of the […]
39.112.070 – General indebtedness—Requirements.
RCW 39.112.070 General indebtedness—Requirements. (1) A city creating a state land improvement financing area and authorizing the use of state land improvement financing may incur general indebtedness, including issuing general obligation bonds, to finance the public improvements and retire the indebtedness in whole or in part from state land improvement financing it receives, subject to […]
39.112.080 – Use of tax revenue for bond repayment.
RCW 39.112.080 Use of tax revenue for bond repayment. A city that issues bonds issued under RCW 39.112.070 to finance public improvements may pledge for the payment of such bonds all or part of any regular property tax revenues derived from the public improvements. [ 2016 c 192 § 8.]
39.112.090 – Limitation on bonds issued.
RCW 39.112.090 Limitation on bonds issued. The bonds issued by a city under RCW 39.112.070 to finance public improvements do not constitute an obligation of the state of Washington, either general or special. [ 2016 c 192 § 9.]
39.114.010 – Definitions.
RCW 39.114.010 Definitions. The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) “Assessed value of real property” means the valuation of taxable real property as placed on the last completed assessment roll prepared pursuant to Title 84 RCW. (2) “Increment area” means the geographic area within which regular […]
39.114.020 – Designation of increment areas by local governments—Project analysis—Fees may be charged to private developers—Mitigation plan with fire protection districts or regional fire protection service authorities—Reimbursement of costs—Ordinance adoption requirements.
RCW 39.114.020 Designation of increment areas by local governments—Project analysis—Fees may be charged to private developers—Mitigation plan with fire protection districts or regional fire protection service authorities—Reimbursement of costs—Ordinance adoption requirements. (1) A local government may designate an increment area under this chapter and use the tax allocation revenues to pay public improvement costs, subject […]
39.114.030 – Public improvements.
RCW 39.114.030 Public improvements. (1) Public improvements that are financed under this chapter may be undertaken and coordinated with other programs or efforts undertaken by the local government and other taxing districts and may be funded in part from revenue sources other than tax allocation revenues. (2) Public improvements that are constructed by a private […]