Chapter 2.70
TRANSPORTATION BENEFIT DISTRICT

Sections:

2.70.010    Establishing transportation benefit district.

2.70.020    Governing board.

2.70.030    Transportation improvement funded.

2.70.040    Establishment of revenue sources.

2.70.010 Establishing transportation benefit district.

There is created, to carry out all functions allowed by statute, a transportation benefit district within the geographical boundaries of the corporate limits of the city existing on date of adoption of the ordinance codified in this chapter. The name of the transportation benefit district shall be the “transportation benefit district of the city of Sequim, Washington.” (Ord. 2011-023 § 2; Ord. 2010-017 § 2; Ord. 2010-004 § 2; Ord. 2009-036 § 1; Ord. 2008-012 § 2; Ord. 2008-008 § 2)

2.70.020 Governing board.

A. The governing board of the transportation benefit district shall be the city council acting in an ex officio and independent capacity, which shall have the authority to exercise the statutory powers set forth in Chapter 36.73 RCW.

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

C. The chair of the governing board of the transportation benefit district shall be the city mayor.

D. The secretary of the governing board of the transportation benefit district shall be the city clerk.

E. The governing 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).

F. The governing board shall issue an annual report, pursuant to the requirements of RCW 36.73.160(2). (Ord. 2011-023 § 2; Ord. 2010-017 § 2; Ord. 2010-004 § 2; Ord. 2009-036 § 1; Ord. 2008-012 § 2; Ord. 2008-008 § 2)

2.70.030 Transportation improvement funded.

One hundred percent of the funds generated by the transportation benefit district shall be used towards the payment of the estimated shortfall in excess of $24,000,000 of funding needed for the improvements identified in the 2012-2017 Transportation Improvement Program and other transportation projects as deemed necessary, as identified above. (Ord. 2011-023 § 2; Ord. 2010-017 § 2; Ord. 2010-004 § 2; Ord. 2009-036 § 1; Ord. 2008-012 § 2; Ord. 2008-008 § 2)

2.70.040 Establishment of revenue sources.

A. Through majority vote of the registered voters residing within the district, an up to two-tenths of one percent increase in the sales and use tax on taxable goods will be requested (e.g., from 8.4 percent to 8.6 percent). The sales and use tax shall be collected by the businesses located within the transportation benefit district and remitted to the State of Washington Department of Revenue for remittance back to the district as set forth in RCW 82.14.0455.

B. Through petition of a majority of the property owners that reside within the district or by majority vote of the registered voters that reside within the district, whichever applies, the formation of a local improvement district or special assessment or other approved and authorized assessments may be enacted, as provided under RCW 36.73.070 and 36.73.080, for the purpose of providing capital improvements in the applicable area.

C. The transportation benefit district is not intended to subsidize development; therefore, imposition of a fee may be charged on building construction or land development, such as a per trip charge, as authorized under RCW 36.73.120 and subject to the provisions of RCW 36.73.065 and Chapters 39.92, 43.21C, and 82.02 RCW.

D. The transportation benefit district is also authorized to perform all functions of a transportation benefit district allowed by law. (Ord. 2011-023 § 2; Ord. 2010-017 § 2; Ord. 2010-004 § 2; Ord. 2009-036 § 1; Ord. 2008-012 § 2; Ord. 2008-008 § 2)