Chapter 14.09
Transportation Benefit District
Sections:
14.09.010 Establishing Transportation Benefit District.
14.09.030 Transportation improvements funded.
14.09.040 Establishment of revenue sources.
14.09.010 Establishing Transportation Benefit District.
There is created a Transportation Benefit District with geographical boundaries comprised of the corporate limits of the City as they currently exist or as they may exist in the future. (Ord. 13-948 § 2).
14.09.020 Governing board.
(a) The governing board of the Transportation Benefit District shall be the DuPont 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 Finance Director.
(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. 13-948 § 2; Ord. 23-1126 § 4).
14.09.030 Transportation improvements funded.
The funds generated by the Transportation Benefit District shall be used for transportation improvements that preserve and maintain the transportation infrastructure of the City, consistent with the requirements of Chapter 36.73 RCW. The transportation improvements funded by the District shall preserve and maintain the City’s previous investments in the transportation infrastructure, reduce the risk of transportation facility failure, improve safety, continue the cost-effectiveness of the City’s infrastructure investments, and continue the optimal performance of the transportation system. (Ord. 13-948 § 2).
14.09.040 Establishment of revenue sources.
The board shall have the authority to establish fees and other revenue sources consistent with RCW 36.73.065. (Ord. 13-948 § 2).