BILL ANALYSIS

HB 1346

TITLE OF THE BILL: Providing an alternative method for dissolving a cultural arts, stadium, or convention district.

WHAT THIS BILL DOES: Creates a second option for dissolving a cultural arts, stadium, or convention district.

SPONSORS:  Representatives O'Brien and Koster

HEARING DATE: Thursday, February 4, 1999

FISCAL NOTE: Not requested. 

ANALYSIS PREPARED BY:  Scott MacColl (786-7106).

BACKGROUND:

A cultural arts, stadium, and convention district is created by a majority vote of the voters included within the district in a special election.  A cultural arts, stadium, and convention district may finance capital facilities through a special election in which the voters must approve a ballot proposition providing for both the bond issuance and imposition of levies to pay off the bonds.

A cultural arts, stadium, and convention district may be dissolved by a majority vote of the persons in the district.  An election may be called by:  (1) resolution of the district governing authority; (2) resolution of the county governing body; or (3) by petition of the district voters.

SUMMARY:

A second method to dissolve a cultural arts, stadium, and convention district is authorized.  A cultural arts, stadium and convention district may be dissolved without an election by a majority vote of the district governing body if the bond and levy financing ballot proposition is not approved by the voters.