S-3926               _______________________________________________

                                                   SENATE BILL NO. 6474

                        _______________________________________________

State of Washington                               51st Legislature                              1990 Regular Session

By Senators Williams, von Reichbauer, Moore, Rinehart, Niemi, Talmadge and Murray

Read first time 1/15/90 and referred to Committee on  Financial Institutions & Insurance.

AN ACT Relating to public corporations; and amending RCW 35.21.745.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  Section 5, chapter 37, Laws of 1974 ex. sess. as amended by section 2, chapter 332, Laws of 1985 and RCW 35.21.745 are each amended to read as follows:

          Any city, town, or county which shall create a public corporation, commission, or authority pursuant to RCW 35.21.730 or 35.21.660, shall provide for its organization and operations and shall control and oversee its operation and funds in order to correct any deficiency and to assure that the purposes of each program undertaken are reasonably accomplished.

          Any public corporation, commission, or authority created as provided in RCW 35.21.730 may be empowered to own and sell real and personal property:  PROVIDED, That real property may be purchased or sold only after a public hearing is held; to contract with individuals, associations, and corporations, and the state and the United States; to sue and be sued; to loan and borrow funds and issue bonds and other instruments evidencing indebtedness; transfer any funds, real or personal property, property interests, or services; to do anything a natural person may do; and to perform all manner and type of community services((:  PROVIDED, That)).  Such public corporation, commission, or authority shall have no power of eminent domain nor any power to levy taxes or special assessments.

The city, town, or county that creates a public corporation, commission, or authority under RCW 35.21.730 shall review and approve, modify, or disapprove any proposed sale of any real property or real property interests transferred by the city, town, or county to the public corporation, commission, or authority pursuant to RCW 35.21.730(1).  Such city, town, or county shall also adopt a procedure to hear appeals and to review and approve, modify, or disapprove decisions of the public corporation, commission, or authority on other matters.  The city, town, or county may limit the subject matter reviewable on appeal.