Washington § 35.107.070 Commercial office development public improvement fund—Expenditures.

Washington Statutes

§ 35.107.070 — Commercial office development public improvement fund—Expenditures.

Washington § 35.107.070

Title 35CITIES AND TOWNS

Ch. 35.107COMMERCIAL OFFICE SPACE DEVELOPMENT

This text of Washington § 35.107.070 (Commercial office development public improvement fund—Expenditures.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 35.107.070 (2026).

Text

(1)The city may only make expenditures from the commercial office development public improvement fund that:

(a)Are to construct the public improvement that was identified in the approved application, requesting the property tax reinvestment submitted under RCW 35.107.040 and approved under RCW 35.107.050 ;

(b)Transfer funding to the project applicant to construct the public improvement and transfer ownership of the public improvement to a public agency; and

(c)Meet any additional criteria established in an ordinance adopted under RCW 35.107.030 .

(2)The city and the project applicant must enter into a written agreement outlining the specifics of the public improvement, associated public improvement costs, responsible parties, and any other information required by the city.

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(1) The city may only make expenditures from the commercial office development public improvement fund that:

(a) Are to construct the public improvement that was identified in the approved application, requesting the property tax reinvestment submitted under RCW 35.107.040 and approved under RCW 35.107.050 ;

(b) Transfer funding to the project applicant to construct the public improvement and transfer ownership of the public improvement to a public agency; and

(c) Meet any additional criteria established in an ordinance adopted under RCW 35.107.030 .

(2) The city and the project applicant must enter into a written agreement outlining the specifics of the public improvement, associated public improvement costs, responsible parties, and any other information required by the city.