Z-635 _______________________________________________
HOUSE BILL NO. 318
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C 406 L 85
State of Washington 49th Legislature 1985 Regular Session
By Representatives Walk, J. Williams, Gallagher, Van Luven, May, Betrozoff, Patrick, Nealey, Prince, Sanders, Hankins, S. Wilson, Holland and Winsley
Read first time 1/30/85 and referred to Committee on Transportation.
AN ACT Relating to highway construction; and amending RCW 47.10.790 and 47.10.801.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. Section 1, chapter 180, Laws of 1979 ex. sess. as last amended by section 3, chapter 19, Laws of 1982 and RCW 47.10.790 are each amended to read as follows:
(1) In
order to provide funds for the location, design, right of way, and construction
of selected interstate highway improvements, there shall be issued and sold
upon the request of the Washington state transportation commission, a total of
one hundred million dollars of general obligation bonds of the state of
Washington to pay the state's share of costs for completion of state route 90
(state route 5 to state route 405) and other related state highway projects eligible
for regular federal interstate funding and until December 31, ((1985)) 1989,
to temporarily pay the regular federal share of construction of completion
projects on state route 90 (state route 5 to state route 405) and other related
state highway projects eligible for regular interstate funding in advance of
federal-aid apportionments under the provisions of 23 U.S.C. Secs. 115 or 122:
PROVIDED, That the total amount of bonds issued to temporarily pay the regular
federal share of construction of federal-aid interstate highways in advance of
federal- aid apportionments as authorized by this section and RCW 47.10.801
shall not exceed one hundred twenty million dollars: PROVIDED FURTHER, That
the transportation commission shall consult with the legislative transportation
committee prior to the adoption of plans for the obligation of federal-aid
apportionments received in federal fiscal year 1985 and subsequent years to pay
the regular federal share of federal-aid interstate highway construction
projects or to convert such apportionments under the provisions of 23 U.S.C.
Secs. 115 or 122.
(2) The transportation commission, in consultation with the legislative transportation committee, may at any time find and determine that any amount of the bonds authorized in subsection (1) of this section, and not then sold, are no longer required to be issued and sold for the purposes described in subsection (1) of this section.
(3) Any bonds authorized by subsection (1) of this section that the transportation commission determines are no longer required for the purpose of paying the cost of the designated interstate highway improvements described therein shall be issued and sold, upon the request of the Washington state transportation commission, to provide funds for the location, design, right of way, and construction of major transportation improvements throughout the state that are identified as category C improvements in RCW 47.05.030.
Sec. 2. Section 1, chapter 316, Laws of 1981 as amended by section 1, chapter 19, Laws of 1982 and RCW 47.10.801 are each amended to read as follows:
(1) In order to provide funds necessary for the location, design, right of way, and construction of selected interstate and other state highway improvements, there shall be issued and sold, subject to subsections (2) and (3) of this section, upon the request of the Washington state transportation commission a total of four hundred fifty million dollars of general obligation bonds of the state of Washington for the following purposes and specified sums:
(a) Not to
exceed two hundred twenty-five million dollars to pay the state's share of
costs for federal-aid interstate highway improvements and until December 31,
((1985)) 1989, to temporarily pay the regular federal share of
construction of federal-aid interstate highway improvements to complete state
routes 82, 90, 182, and 705 in advance of federal-aid apportionments under the
provisions of 23 U.S.C. Secs. 115 or 122: PROVIDED, That the total amount of
bonds issued to temporarily pay the regular federal share of construction of
federal-aid interstate highways in advance of federal-aid apportionments as
authorized by this section and RCW 47.10.790 shall not exceed one hundred
twenty million dollars: PROVIDED FURTHER, That the transportation commission
shall consult with the legislative transportation committee prior to the
adoption of plans for the obligation of federal-aid apportionments received in
federal fiscal year 1985 and subsequent years to pay the regular federal share
of federal-aid interstate highway construction projects or to convert such
apportionments under the provisions of 23 U.S.C. Secs. 115 or 122;
(b) Two hundred twenty-five million dollars for major transportation improvements throughout the state that are identified as category C improvements and for selected major non-interstate construction and reconstruction projects that are included as Category A Improvements in RCW 47.05.030.
(2) The amount of bonds authorized in subsection (1)(a) of this section shall be reduced if the transportation commission, in consultation with the legislative transportation committee, determines that any of the bonds that have not been sold are no longer required.
(3) The amount of bonds authorized in subsection (1)(b) of this section shall be increased by an amount not to exceed, and concurrent with, any reduction of bonds authorized under subsection (1)(a) of this section in the manner prescribed in subsection (2) of this section.