RCW 47.01.417
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/wa/title-47/chapter-47-01/47-01-417·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The state route number 520 bridge replacement and HOV project finance plan must include:
(1)Recognition of revenue sources that include: One billion seven hundred million dollars in state and federal funds allocated to the project; one billion five hundred million dollars to two billion dollars in tolling revenue, including early tolls that could begin in late 2009; eighty-five million dollars in federal urban partnership grant funds; and other contributions from private and other government sources; and
(2)Recognition of savings to be realized from:
(a)Potential early construction of traffic improvements from the eastern Lake Washington shoreline to 108th Avenue Northeast in Bellevue;
(b)Early construction of a single string of pontoons to support two lanes that are for transit and high occupancy vehicle travel and four general purpose lanes;
(c)Preconstruction tolling to reduce total financing costs; and
(d)A deferral of the sales taxes paid on construction costs.
[ 2008 c 270 s 3 .]
Notes:
Finding — 2008 c 270: See note following RCW 47.01.408 .