Z-0570.1                   _______________________________________________

                                                     SENATE BILL 5309

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State of Washington                              53rd Legislature                             1993 Regular Session

By Senator Owen

Read first time 01/22/93.  Referred to Committee on Natural Resources.

Modifying provisions relating to exchange of urban land for land bank land.

          AN ACT Relating to the land bank; and amending RCW 79.66.090.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  RCW 79.66.090 and 1984 c 222 s 9 are each amended to read as follows:

          If the department of natural resources determines to exchange urban land for land bank land, ((the county, city, or town in which the land is situated, and state)) public agencies((,)) defined in RCW 79.01.009 that may benefit from owning the property shall be notified in writing of the determination.  The ((county, city, town, or state agency has)) public agencies have sixty days from the date of notice by the department to submit an application to purchase the land and shall be afforded an opportunity of up to one year, as determined by the board of natural resources, to purchase the land from the land bank at fair market value directly without public auction as authorized under RCW 79.01.009.  The board of natural resources, if it deems it in the best interest of the state, may extend the period under terms and conditions as the board determines.  If competing applications are received from governmental entities, the board shall select the application which results in the highest monetary value.

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