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Home » US Law » 2022 Revised Code of Washington » Title 43 - State Government—Executive » Chapters » Chapter 43.160 - Economic Development—Public Facilities Loans and Grants.

43.160.010 – Findings.

RCW 43.160.010 Findings. (1) The legislature finds that it is the public policy of the state of Washington to direct financial resources toward the fostering of economic development through the stimulation of investment and job opportunities and the retention of sustainable existing employment for the general welfare of the inhabitants of the state. Reducing unemployment […]

43.160.020 – Definitions.

RCW 43.160.020 Definitions. Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter. (1) “Board” means the community economic revitalization board. (2) “Department” means the department of commerce. (3) “Local government” or “political subdivision” means any port district, county, city, town, special purpose district, and any other municipal corporations or […]

43.160.030 – Community economic revitalization board—Members—Terms—Chair, vice chair—Management services—Travel expenses—Vacancies—Removal.

RCW 43.160.030 Community economic revitalization board—Members—Terms—Chair, vice chair—Management services—Travel expenses—Vacancies—Removal. (1) The community economic revitalization board is hereby created to exercise the powers granted under this chapter. (2) The board shall consist of one member from each of the two major caucuses of the house of representatives to be appointed by the speaker of the […]

43.160.035 – Designees for board members.

RCW 43.160.035 Designees for board members. Each member of the house of representatives who is appointed to the community economic revitalization board under RCW 43.160.030 may designate another member from the house of representatives to take his or her place on the board for meetings at which the member will be absent, as long as […]

43.160.040 – Conflicts of interest—Code of ethics.

RCW 43.160.040 Conflicts of interest—Code of ethics. In addition to other applicable provisions of law pertaining to conflicts of interest of public officials, no board member, appointive or otherwise, may participate in any decision on any board contract in which the board member has any interests, direct or indirect, with any firm, partnership, corporation, or […]

43.160.050 – Powers of board.

RCW 43.160.050 Powers of board. The board may: (1) Adopt bylaws for the regulation of its affairs and the conduct of its business. (2) Adopt an official seal and alter the seal at its pleasure. (3) Utilize the services of other governmental agencies. (4) Accept from any federal agency loans or grants for the planning […]

43.160.060 – Loans and grants to political subdivisions and federally recognized Indian tribes for public facilities authorized—Application—Requirements for financial assistance.

RCW 43.160.060 Loans and grants to political subdivisions and federally recognized Indian tribes for public facilities authorized—Application—Requirements for financial assistance. (1) The board is authorized to make direct loans to political subdivisions of the state and to federally recognized Indian tribes for the purposes of assisting the political subdivisions and federally recognized Indian tribes in […]

43.160.070 – Conditions.

RCW 43.160.070 Conditions. Public facilities financial assistance, when authorized by the board, is subject to the following conditions: (1) The moneys in the public facilities construction loan revolving account shall be used solely to fulfill commitments arising from financial assistance authorized in this chapter. The total outstanding amount which the board shall dispense at any […]

43.160.074 – Application—Request for improvements to existing highways—Procedures.

RCW 43.160.074 Application—Request for improvements to existing highways—Procedures. (1) An application to the board from a political subdivision may also include a request for improvements to an existing state highway or highways. The application is subject to all of the applicable criteria relative to qualifying types of development set forth in this chapter, as well […]

43.160.076 – Financial assistance in rural counties—Areas impacted by the closure or potential closure of large coal-fired electric generation facilities.

RCW 43.160.076 Financial assistance in rural counties—Areas impacted by the closure or potential closure of large coal-fired electric generation facilities. (1) Except as authorized to the contrary under subsection (2) of this section, from all funds available to the board for financial assistance in a biennium under this chapter, the board shall approve at least […]

43.160.077 – Applications—Processing of recyclable materials—Department of ecology notice.

RCW 43.160.077 Applications—Processing of recyclable materials—Department of ecology notice. (1) When the board receives an application from a political subdivision that includes a request for assistance in financing the cost of public facilities to encourage the development of a private facility to process recyclable materials, a copy of the application shall be sent by the […]

43.160.080 – Public facilities construction loan revolving account.

RCW 43.160.080 Public facilities construction loan revolving account. There shall be a fund in the state treasury known as the public facilities construction loan revolving account, which shall consist of all moneys collected under this chapter and any moneys appropriated to it by law. Disbursements from the revolving account shall be on authorization of the […]

43.160.090 – Records—Audits.

RCW 43.160.090 Records—Audits. The board and the department shall keep proper records of accounts and shall be subject to audit by the state auditor. [ 1996 c 51 § 8; 1987 c 505 § 42; 1982 1st ex.s. c 40 § 9.] NOTES: Severability—Effective dates—1996 c 51: See notes following RCW 43.160.010.

43.160.900 – Community economic revitalization board—Evaluations of financial assistance—Reporting of evaluations.

RCW 43.160.900 Community economic revitalization board—Evaluations of financial assistance—Reporting of evaluations. (1) The community economic revitalization board shall conduct biennial outcome-based evaluations of the financial assistance provided under this chapter. The evaluations shall include information on the number of applications for community economic revitalization board assistance; the number and types of projects approved; the grant […]