5139-S AMH ERIC H3015.1

SSB 5139  - H AMD568
     By Representative Ericksen

WITHDRAWN 04/15/2005

     On page 2, at the beginning of line 18, insert "(1)"

     On page 2, after line 27, insert the following:
     "(2) Floating bridges are unique structures that require extensive maintenance and preservation. The legislature intends that any toll revenues collected from operation of a floating bridge facility be used solely for the repayment of bonded indebtedness on that facility and for operations, maintenance, and preservation of that facility.
     (3) Any toll revenues derived from operation of the Lake Washington bridge must be used solely to pay for construction, reconstruction, preservation, maintenance, and repair of the existing bridge or a parallel span that is operated as a single toll bridge facility.
"

EFFECT:  Declares legislative intent that tolls on floating bridges be dedicated to the upkeep and repair of those bridges once the bonds are paid off.
     Requires that any toll revenues collected on the Lake Washington bridge be dedicated solely to improvements, maintenance, and repair of the existing bridge and any new span that is added to the bridge.

--- END ---