35.13B.020 - Feasibility study -- Requirements, findings. - Washington Statutes

Feasibility study — Requirements, findings. (Expires January 1, 2015.)

(1) A city choosing to impose a tax under RCW 35.13B.010 that adopts a resolution to assume all or part of a water-sewer district must complete a feasibility study of the assumption. The study must be completed within six months of the passage of the resolution to assume all or part of the district. The study is not required if the board of commissioners of the district consents to the assumption.

     (2) The study must be jointly and equally funded by the city and the district through a mutually agreed upon contract with a qualified independent consultant with professional expertise involving public water and sewer systems. The study must address the impact of the proposed assumption on the city and district. Issues to be considered must be mutually agreed upon by the city and district and must include, but are not limited to, engineering and operational impacts, assumption costs to the city and district, including potential impacts on future water-sewer rates, bond ratings and future borrowing costs, the status of existing water rights, and other issues jointly agreed upon.

     (3) The findings of the study must be presented as a public record and must be available to the registered voters of the entire district. If the method of assumption requires the submission of a ballot proposition to all registered voters of the district, the findings of the study must be made available to these voters prior to a vote on the proposed assumption.

[2010 c 102 § 2.]

Notes: Application -- Expiration date -- 2010 c 102: See notes following RCW 35.13B.010.