Chapter 12.90
TRANSPORTATION BENEFIT DISTRICT

Sections:

12.90.010    Transportation benefit district established.

12.90.020    Governing board.

12.90.030    Authority of the district.

12.90.040    Use of funds.

12.90.050    Revenue sources.

12.90.060    Dissolution of district.

12.90.010 Transportation benefit district established.

There is created a transportation benefit district to be known as the Kenmore transportation benefit 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. 12-0339 § 1.]

12.90.020 Governing board.

A. The governing board of the transportation benefit district shall be the Kenmore city council, which shall have the authority to exercise the statutory powers set forth in Chapter 36.73 RCW and this chapter.

B. The treasurer of the transportation benefit district shall be the city director of finance.

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).

D. The board shall issue an annual report, pursuant to the requirements of RCW 36.73.160(2). [Ord. 16-0424 § 3; Ord. 12-0339 § 1.]

12.90.030 Authority of the district.

The board shall have and may exercise any powers provided by law to fulfill the purpose of the Kenmore transportation benefit district. [Ord. 12-0339 § 1.]

12.90.040 Use of funds.

The funds generated by the transportation benefit district may be used for any purpose allowed by law including to operate the district and to make transportation improvements that are consistent with existing State, regional, and local transportation plans and necessitated by existing or reasonably foreseeable congestion levels pursuant to Chapter 36.73 RCW. The transportation improvements funded by the district shall be made in an effort to preserve and maintain transportation infrastructure, improve public safety, or implement projects identified in Kenmore’s transportation improvement program. [Ord. 12-0339 § 1.]

12.90.050 Revenue sources.

The board shall have the authority to establish all fees and other revenue sources authorized by Chapter 36.73 RCW, consistent with RCW 36.73.065. [Ord. 12-0339 § 1.]

12.90.060 Dissolution of district.

The transportation benefit district shall be dissolved when all indebtedness of the district has been retired and when all of the district’s anticipated responsibilities have been satisfied. [Ord. 12-0339 § 1.]