H-2326              _______________________________________________

                                            SUBSTITUTE HOUSE BILL NO. 24

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State of Washington                              49th Legislature                              1985 Regular Session

By House Committee on Local Government (originally sponsored by Representatives Haugen, Brough and P. King)

Read first time 3/8/85 and passed to Committee on Rules.

AN ACT Relating to water and sewer connection charges; and amending RCW 35.92.025.

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

        Sec. 1.  Section 35.92.025, chapter 7, Laws of 1965 and RCW 35.92.025 are each amended to read as follows:

          Cities and towns are authorized to charge property owners seeking to connect to the water or sewerage system of the city or town as a condition to granting the right to so connect, in addition to the cost of such connection, such reasonable connection charge as the legislative body of the city or town shall determine proper in order that such property owners shall bear their equitable share of the cost of such system.  The equitable share may include interest charges applied from the date of construction of the water or sewer system until the connection, or for a period not to exceed ten years, at a rate commensurate with the rate of interest applicable to the city or town at the time of construction or major rehabilitation of the water or sewer system, or at the time of installation of the water or sewer lines to which the property owner is seeking to connect but not to exceed ten percent:  PROVIDED, That the aggregate amount of interest shall not exceed the equitable share of the cost of the system allocated to such property owners.  Connection charges collected shall be considered revenue of such system.