H-0755.1 _______________________________________________
HOUSE BILL 1553
_______________________________________________
State of Washington 52nd Legislature 1991 Regular Session
By Representatives Haugen, Ferguson, H. Sommers, Sprenkle, Morris, Zellinsky, Holland, Wood and Kremen.
Read first time February 1, 1991. Referred to Committee on Capital Facilities & Financing.
AN ACT Relating to public works projects; and amending RCW 43.155.010 and 43.155.020.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 43.155.010 and 1985 c 446 s 7 are each amended to read as follows:
The legislature finds that there exists in the state of Washington over four billion dollars worth of critical projects for the planning, acquisition, construction, repair, replacement, rehabilitation, or improvement of streets and roads, bridges, water systems, and storm and sanitary sewage systems. The December, 1983 Washington state public works report prepared by the planning and community affairs agency documented that local governments expect to be capable of financing over two billion dollars worth of the costs of those critical projects but will not be able to fund nearly half of the documented needs.
The legislature further finds that there exists a critical need for funding to enable local governments to comply with current solid waste standards.
It is the policy of the state of Washington to encourage self‑ reliance by local governments in meeting their public works needs and to assist in the financing of critical public works projects by making loans, financing guarantees, and technical assistance available to local governments for these projects.
Sec. 2. RCW 43.155.020 and 1985 c 446 s 8 are each amended to read as follows:
Unless the context clearly requires otherwise, the definitions in this section shall apply throughout this chapter.
(1) "Board" means the public works board created in RCW 43.155.030.
(2) "Department" means the department of community development.
(3) "Financing guarantees" means the pledge of money in the public works assistance account, or money to be received by the public works assistance account, to the repayment of all or a portion of the principal of or interest on obligations issued by local governments to finance public works projects.
(4) "Local governments" means cities, towns, counties, special purpose districts, and any other municipal corporations or quasi‑municipal corporations in the state excluding school districts and port districts.
(5)
"Public works project" means a project of a local government for the
planning, acquisition, construction, repair, reconstruction, replacement,
rehabilitation, or improvement of streets and roads, bridges, water systems, ((or))
storm and sanitary sewage systems, or solid waste systems.
(6) "Technical assistance" means training and other services provided to local governments to: (a) Help such local governments plan, apply, and qualify for loans and financing guarantees from the board, and (b) help local governments improve their ability to plan for, finance, acquire, construct, repair, replace, rehabilitate, and maintain public facilities.