§ 39.102.010 Finding
§ 39.102.020 Definitions
§ 39.102.030 Creation
§ 39.102.040 Application process — Board approval
§ 39.102.050 Demonstration projects
§ 39.102.060 Limitations on revenue development areas
§ 39.102.070 Local infrastructure financing — Conditions
§ 39.102.080 Revenue development area adoption — Process
§ 39.102.090 Revenue development area adoption — Ordinance — Hearing and delivery requirements
§ 39.102.100 Revenue development area adoption — Notice requirements
§ 39.102.110 Local excise tax allocation revenues
§ 39.102.120 Local property tax allocation revenues
§ 39.102.130 Use of sales and use tax funds
§ 39.102.140 Reporting requirements
§ 39.102.150 Issuance of general obligation bonds
§ 39.102.160 Use of tax revenue for bond repayment
§ 39.102.170 Limitation on bonds issued
§ 39.102.190 Revenue bonds to fund public improvements
§ 39.102.195 Limitation on use of revenues
§ 39.102.200 Joint legislative audit and review committee reports
§ 39.102.210 Program evaluation
§ 39.102.220 Administration by department and board
§ 39.102.902 Construction — 2006 c 181
§ 39.102.903 Effective date — 2006 c 181
§ 39.102.905 Expiration date — 2013 2nd sp.s. c 21
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Terms Used In Washington Code > Chapter 39.102 - Local infrastructure financing tool program

  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.