|State of Washington||63rd Legislature||2014 Regular Session|
Read first time 01/21/14. Referred to Committee on Community Development, Housing & Tribal Affairs.
AN ACT Relating to disposing tax foreclosed property to cities for affordable housing purposes; and amending RCW 36.35.150.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1 RCW 36.35.150 and 2001 c 299 s 11 are each amended to read
(1) The county legislative authority may dispose of tax foreclosed property by private negotiation, without a call for bids, for not less than the principal amount of the unpaid taxes in any of the following cases:
(1))) (a) When the sale is to any governmental agency and for
(2))) (b) When the county legislative authority determines that
it is not practical to build on the property due to the physical
characteristics of the property or legal restrictions on construction
activities on the property;
(3))) (c) When the property has an assessed value of less than
five hundred dollars and the property is sold to an adjoining
(4))) (d) When no acceptable bids were received at the attempted
public auction of the property, if the sale is made within twelve
months from the date of the attempted public auction.
(2) The county legislative authority must give notice to any city in which any tax foreclosed property is located within at least sixty days of acquiring such property and the county may not dispose of the property at public auction or by private negotiation before giving such notice. The notice must offer the city the opportunity to purchase the property for no more than the amount of unpaid taxes, including any tax-deferral lien amounts, interest, penalties, and costs, under the following conditions:
(a) The city must accept the offer within thirty days of receiving notice, unless the county agrees to extend the offer;
(b) The city must provide that the property is suitable and will be used for an affordable housing development as defined in RCW 36.130.010; and
(c) The city must agree to transfer the property to a local housing authority, a nonprofit housing organization, or other entity eligible to receive assistance from the affordable housing program under chapter 43.185A RCW.
(3) The county selling property to a city for affordable housing purposes under subsection (2) of this section may negotiate with the city to defer payment for any period that the city owns the property.