Washington Code 47.60.375 – Capital plan
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(1) The capital plan must adhere to the following:
Terms Used In Washington Code 47.60.375
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(a) A current ridership demand forecast;
(b) Vehicle level of service standards as described in RCW 47.06.140;
(c) Operational strategies as described in RCW 47.60.327; and
(d) Terminal and vessel design standards as described in RCW 47.60.365.
(2) The capital plan must include the following:
(a) A current vessel preservation plan;
(b) A current systemwide vessel rebuild and replacement plan as described in RCW 47.60.377;
(c) A current vessel deployment plan; and
(d) A current terminal preservation plan that adheres to the life-cycle cost model on capital assets as described in RCW 47.60.345.
NOTES:
Findings—Intent—Effective date—2010 c 283: See notes following RCW 47.60.355.
Finding—Intent—2007 c 512: See note following RCW 47.06.140.