Title 08 Taxation and Revenue
Chapter 08.16 Transportation Benefit District
Section 08.16.070 Dissolution of District
- The TBD shall be dissolved when the City obtains an average system wide pavement condition index rating of 80, with no street receiving a rating of less than 25, within the City’s residential street system; all indebtedness of the district created to accomplish the improvements has been retired and when all of the TBD's anticipated responsibilities have been satisfied.
- In addition to the automatic dissolution of the district as set forth above in subsection A, the City Council reserves the right, as set forth in chapter 36.73 RCW, to cause the dissolution of the district for any legal reason.
Date Passed: Monday, June 28, 2021
Effective Date: Sunday, August 8, 2021
ORD C36065 Section 4