HOUSE BILL REPORT

HB 194

BYRepresentatives Madsen, Ebersole, Haugen, Winsley, Wang, Walker, Walk, Fisher, Gallagher, Brough, Crane, Grimm, Pruitt, Meyers, Rasmussen and Todd

Changing provision relating to designation of park district treasurers.

House Committe on Local Government

Majority Report:     Do pass.  (13)

     Signed by Representatives Haugen, Chair; Cooper, Vice Chair; Beck, Bumgarner, Ferguson, Hine, Madsen, Nealey, Nelson, Nutley, Rayburn, L. Smith and Zellinsky.

House Staff:Steve Lundin (7867127)

AS PASSED HOUSE MARCH 12, 1987

BACKGROUND:

Metropolitan park districts are authorized to be created in certain areas to finance and provide park and recreation improvements and services.  The Tacoma Metropolitan Park District is the only metropolitan park district in the state.

The county treasurer does not receive extra compensation for handling the funds of a metropolitan park district.

SUMMARY:

The county treasurer of the county within which all, or the major portion, of a metropolitan park district is the ex-officio treasurer of the metropolitan park district.

However, the park board of a metropolitan park district may designate someone other than the county treasurer to act as the district treasurer, if the park board has received approval of the county treasurer to designate this person.  The board must purchase a bond from a surety company operating in the state that is sufficient to protect the district from loss.

Fiscal Note:    Not Requested.

House Committee ‑ Testified For:     Stephen Anyong and Peter Norman, Metropolitan Park District of Tacoma.

House Committee - Testified Against: None Presented.

House Committee - Testimony For:     This only applies to one district.  The county treasurer must give his or her approval.  Interest earnings for the district can be made on the float period.

House Committee - Testimony Against: None Presented.