§ 39.104.010 Finding
§ 39.104.020 Definitions
§ 39.104.030 Conditions
§ 39.104.040 Creation of revitalization area
§ 39.104.050 Limitations on revitalization areas
§ 39.104.060 Use of property tax allocation revenues for revitalization financing — Opting out — Partial participation
§ 39.104.070 Participating in revitalization financing — Interlocal agreement — Imposition of sales and use tax — Ordinance to opt out — Notice
§ 39.104.080 Local property tax allocation revenues — Distribution — Determination — Termination — Exception
§ 39.104.090 Local sales and use tax increments
§ 39.104.100 Application process — Approval of project awards by the approving agency
§ 39.104.110 Issuance of general obligation bonds
§ 39.104.120 Use of tax revenue for bond repayment
§ 39.104.130 Limitation on bonds issued
§ 39.104.140 Construction — Port districts — Authority
§ 39.104.150 Administration by the department of revenue and the department of commerce — Adoption of rules
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Terms Used In Washington Code > Chapter 39.104 - Local revitalization financing

  • 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.
  • 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
  • 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.