81.112.902 – Effective date—1992 c 101.
RCW 81.112.902 Effective date—1992 c 101. This act shall take effect July 1, 1992. [ 1992 c 101 § 35.]
81.112.330 – Sale and leaseback—Restrictions, requirements.
RCW 81.112.330 Sale and leaseback—Restrictions, requirements. (1) Except as provided in subsection (3) of this section, no regional transit authority may initiate a transaction authorized under RCW 81.112.300 after June 30, 2007. (2) The termination of authority to enter into transactions after June 30, 2007, does not affect the validity of any transactions entered into […]
81.112.340 – Supplemental transportation improvements.
RCW 81.112.340 Supplemental transportation improvements. If the legislative authority of a city provides or contracts for supplemental transportation improvements, as described in RCW 35.21.925 or under chapter 36.73 RCW, a regional transit authority serving the city or border jurisdictions shall coordinate its services with the supplemental transportation improvements to maximize efficiencies in public transportation services […]
81.112.350 – Transit-oriented development strategy system plan—Requirements—Definitions—Quarterly reports.
RCW 81.112.350 Transit-oriented development strategy system plan—Requirements—Definitions—Quarterly reports. (1) A regional transit authority that includes a county with a population of more than one million five hundred thousand must develop and seek voter approval for a system plan, which meets the requirements of any transportation subarea equity element used by the authority, to implement a […]
81.112.360 – Sales and use tax offset fee.
RCW 81.112.360 Sales and use tax offset fee. (1) Beginning January 1, 2017, and until the requirements in subsection (4) of this section are met, a regional transit authority must pay to the department of revenue, for deposit into the Puget Sound taxpayer accountability account, a sales and use tax offset fee. (2) A sales […]
81.112.900 – Section headings not part of law—1992 c 101.
RCW 81.112.900 Section headings not part of law—1992 c 101. Section headings as used in this act do not constitute any part of the law. [ 1992 c 101 § 33.]
81.112.300 – Sale and leaseback, similar transactions—Authorized.
RCW 81.112.300 Sale and leaseback, similar transactions—Authorized. (1) In order to enable regional transit authorities to acquire or finance equipment or facilities, or reduce the cost of equipment or facilities, regional transit authorities may enter into sale and leaseback, leaseout and leaseback, and other similar transactions with respect to equipment, facilities, and other real and […]
81.112.310 – Sale and leaseback—Conditions.
RCW 81.112.310 Sale and leaseback—Conditions. Transactions undertaken under RCW 81.112.300 are subject to the following conditions: (1) The financial institution, insurance company, or other entity that enters into a payment undertaking agreement with the regional transit authority or public development corporation or entity created under RCW 81.112.320 as a counterparty must have a rating from […]
81.112.320 – Sale and leaseback—Creation of public entity.
RCW 81.112.320 Sale and leaseback—Creation of public entity. To accomplish any of the activities under RCW 81.112.300, a regional transit authority may create a public corporation, commission, or authority under RCW 35.21.730 through 35.21.755, and authorize the corporation, commission, or authority to provide any of the facilities and services that a regional transit authority may […]
81.112.170 – Interim financing.
RCW 81.112.170 Interim financing. A regional transit authority may apply for *high capacity transportation account funds and for central Puget Sound account funds for high capacity transit planning and system development. Transit agencies contained wholly or partly within a regional transit authority may make grants or loans to the authority for high capacity transportation planning […]