H-1278.1
SUBSTITUTE HOUSE BILL 1083
State of Washington | 66th Legislature | 2019 Regular Session |
ByHouse Local Government (originally sponsored by Representatives Stonier, Vick, and Frame)
READ FIRST TIME 01/31/19.
AN ACT Relating to providing greater certainty in association with selling city-owned property used for off-street parking; and amending RCW
35.86.030.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW
35.86.030 and 1965 c 7 s 35.86.030 are each amended to read as follows:
Such cities are authorized to obtain by lease, purchase, donation and/or gift, or by eminent domain in the manner provided by law for the exercise of this power by cities, such real property for off-street parking as the legislative bodies thereof determine to be necessary by ordinance. Such property or any fraction or fractions thereof may be sold, transferred, exchanged, leased, or otherwise disposed of by the city when one or more of the following conditions have been satisfied:
(1) When its legislative body has determined by ordinance such property or fraction or fractions thereof is no longer necessary for off-street parking purposes;
(2) When all bonds or financing contracts issued for the acquisition or construction have been paid in full. The proceeds from the sale, transfer, exchange, or lease of the property may be applied to the remaining balance of the bonds or financing contract in order to satisfy the requirement that the property bonds or financing contract be paid in full; or
(3) When the properties within any local improvement district created for the acquisition or construction of the off-street parking facilities are no longer subject to any assessment for such purpose.
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