Summary of Bill: State Lands Development Authorities (Authorities) are authorized to oversee and manage the development or redevelopment of state-owned property that is within or adjacent to manufacturing industrial centers.
Formation.
The legislative delegation from a district containing state-owned land that is included within, or is adjacent to, a manufacturing industrial center, may propose the formation of an Authority. To form an Authority, the legislative delegation from the district containing the boundaries of the Authority must submit a written proposal to the Legislature that contains the proposed general geographic boundaries of the Authority; and legislative findings that:
- the state owns property within the boundaries of the proposed Authority;
- the state-owned land is located within or adjacent to a manufacturing industrial center; and
- the formation of the Authority will be useful and beneficial to the community within and adjacent to the boundaries of the Authority.
Formation of an Authority must be authorized in statute.
Governance.
An Authority is governed by a board of directors. The initial board must be appointed by the state legislative delegation from the district that contains the boundaries of the Authority. The number of persons on the board and how such persons are selected and replaced after the initial board must be included in the proposal to establish the Authority. The board must include at least one member representing each of the following:
- the governing body of each city included in the boundaries of the Authority;
- the mayor's office of each city included in the boundaries of the Authority;
- the governing body of each county included in the boundaries of the Authority; and
- the governing body of each port district included in the boundaries of the Authority.
The board may include additional members as may be prescribed in the proposal to create the Authority.
Powers and Duties.
An Authority has the power to:
- accept gifts, grants, loans, or other aid from public and private entities;
- employ and appoint agents, attorneys, officers, and employees;
- contract and enter into partnerships with individuals, associations, corporations, and local, state, and federal government;
- buy, own, and lease real and personal property;
- sell real and personal property, subject to any rules and restrictions contained in the proposal to establish the Authority;
- hold in trust, improve, and develop land;
- invest, deposit, and reinvest its funds;
- incur debt in furtherance of its mission; and
- lend or grant its funds for any lawful purposes.
An Authority has a duty to:
- adopt bylaws that will govern how the Authority will generally conduct its affairs and how members of the board of directors are elected;
- establish specific geographic boundaries for the Authority with its bylaws based on the general geographic boundaries established in the proposal approved by the Legislature;
- assume responsibility for the development or redevelopment of the state-owned property within its boundaries;
- create a strategic plan for the development or redevelopment of the state-owned property that includes, but is not limited to, the following elements:
- an examination of the existing uses of the property and an assessment of whether such should change in the future for the use of the property to achieve maximum public benefit;
- an examination of options for development or redevelopment that include industrial uses only, mixed-use commercial and residential development, and mixed-use light industrial and residential development and an evaluation which options would achieve maximum public benefit;
- a plan for extensive public engagement throughout the development or redevelopment process, which must include a regular schedule of public meetings and opportunities for public comment;
- a financial plan that identifies funding sources necessary to carry out the Authority's strategic plan;
- use gifts, grants, loans, and other aid from public or private entities to further the development and redevelopment projects identified in the Authority's strategic plan; and
- submit a written report to the relevant committees of the Legislature by December 1 of each even numbered year that summarizes the Authority's strategic plan and details its progress in meeting its strategic goals related to development and redevelopment, public engagement, and financial planning.
Account.
The State Lands Development Authority Account is created in the State Treasury for use if the Legislature provides state funds for Authority purposes. Moneys in the account may be spent only after appropriation.
Ballard-Interbay State Lands Development Authority.
The Ballard-Interbay State Lands Development Authority (BISLDA) is authorized. The BISLDA's boundaries are those contained in Seattle's Interbay neighborhood. The BISLDA may exercise its authority in furtherance of projects located only on the Interbay property, the state-owned property on which the Guard's Armory facility currently operates. The BISLDA is prohibited from selling the Interbay property.
The board of directors of the BISLDA must be composed of the following members:
- two members with experience developing workforce or affordable housing;
- two members with project financing options for public-private partnerships related to housing;
- two members with architectural design and development experience related to industrial and mixed-use zoning;
- one member representing the port of Seattle;
- one member representing the Guard;
- one member representing the King County council;
- one member representing the City of Seattle mayor's office;
- one member representing the Seattle city council; and
- two members of the thirty-sixth legislative district delegation.
Board members serve staggered terms and may serve for no more than four years. After the initial appointments to the Board, the board members must develop a list of candidates open positions and board member elections must be held at a regular meeting and in accordance with the BISLDA's bylaws.