RCW 35.107.070
124 words·~1 min read·
/wa/title-35/chapter-35-107/35-107-070·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The city may only make expenditures from the commercial office development public improvement fund that:
(a)Are to construct the public improvement that was identified in the approved application, requesting the property tax reinvestment submitted under RCW 35.107.040 and approved under RCW 35.107.050 ;
(b)Transfer funding to the project applicant to construct the public improvement and transfer ownership of the public improvement to a public agency; and
(c)Meet any additional criteria established in an ordinance adopted under RCW 35.107.030 .
(2)The city and the project applicant must enter into a written agreement outlining the specifics of the public improvement, associated public improvement costs, responsible parties, and any other information required by the city.
[ 2019 c 273 s 8 .]