SB 5514-S2.2E - DIGEST

(SUBSTITUTED FOR - SEE 3RD SUB)

     Revises public facility district provisions.

     Provides that the legislative authority of any town or city, or any contiguous group of towns or cities, located in a county with a population of less than one million and the legislative authority of the county or counties in which the towns or cities are located may enter into an agreement under chapter 39.34 RCW for the creation and joint operation of a public facilities district.

     Requires that a public facilities district created by an agreement between a town or city, or a contiguous group of towns or cities, and the county in which they are located shall be coextensive with the boundaries of the towns or cities, and the boundaries of the county or counties as to the unincorporated areas of the county or counties.  The boundaries shall not include incorporated towns or cities that are not parties to the agreement for the creation and joint operation of the district.

     Provides that a public facilities district created under RCW 36.100.010 and a public facilities district created under RCW 35.57.010 located in the same county may enter into agreements under chapter 39.34 RCW to jointly acquire, construct, own, remodel, maintain, equip, reequip, repair, finance, and operate one or more regional centers.

     Provides that the governing body of a public facilities district created under chapter 35.57 or 36.100 RCW after December 31, 2001, that commences construction of a new regional center, or improvement or rehabilitation of an existing new regional center, before January 1, 2004, may impose a sales and use tax in accordance with the terms of this act beginning July 1, 2002.

     Provides that a public facilities district established in accordance with this act shall be dissolved and its affairs liquidated:

     (1) When directed by a majority of persons in the district voting on the question.  An election placing the question before the voters may be called by resolution of the public facilities district governing authority; or

     (2) At such time that the initial debt issued by the district that is secured by the tax authorized in this act has been retired.

     Provides that a public facilities district that will construct a regional center may apply for an exemption in the form of a remittance of fifty percent of the taxes paid under chapters 82.08, 82.12, and 82.14 RCW on design, site preparation, construction of buildings or other structures, and acquisition of related machinery and equipment, for the regional center.