RCW 35.43.188
Assessment reimbursement accounts.
A city or town ordering a local improvement upon which special assessments on property specifically benefited by the improvement are levied and collected, may provide as part of the ordinance creating the local improvement district that the payment of an assessment levied for the district on underdeveloped properties may be made by owners of other properties within the district, if they so elect, subject to terms of reimbursement set forth in the ordinance. The terms for reimbursement shall require the owners of underdeveloped properties on whose behalf payments of assessments have been made to reimburse all such assessment payments to the party who made them when those properties are developed or redeveloped, together with interest at a rate specified in the ordinance. The ordinance may provide that reimbursement shall be made on a one-time, lump sum basis, or may provide that reimbursement shall be made over a period not to exceed five years. The ordinance may provide that reimbursement shall be made no later than the time of dissolution of the district, or may provide that no reimbursement is due if the underdeveloped properties are not developed or redeveloped before the dissolution of the district. Reimbursement amounts due from underdeveloped properties under this section are liens upon the underdeveloped properties in the same manner and with like effect as assessments made under this chapter. For the purposes of this section, "underdeveloped properties" may include those properties that, in the discretion of the legislative body of the city or town, (1) are undeveloped or are not developed to their highest and best use, and (2) are likely to be developed or redeveloped before the dissolution of the district.
[ 1988 c 179 § 11.]
NOTES:
Severability—Prospective application—Section captions—1988 c 179: See RCW 39.92.900 and 39.92.901.
Structure Revised Code of Washington
Chapter 35.43 - Local Improvements—Authority—Initiation of Proceedings.
35.43.005 - Municipal local improvement statutes applicable to public corporations.
35.43.035 - Creation of district outside city subject to review by boundary review board.
35.43.040 - Authority generally.
35.43.042 - Authority to establish utility local improvement districts—Procedure.
35.43.043 - Conversion of local improvement district into utility local improvement district.
35.43.045 - Open canals or ditches—Safeguards.
35.43.050 - Authority—Noncontinuous improvements.
35.43.060 - Consolidated cities—Procedure.
35.43.070 - Ordinance—Action on petition or resolution.
35.43.075 - Petition for district outside city may be denied.
35.43.080 - Ordinance—Creation of district.
35.43.100 - Ordinance—Finality—Limitation upon challenging jurisdiction or authority to proceed.
35.43.110 - Petition—Mandatory, when.
35.43.120 - Petition—Requirements.
35.43.125 - Petition—Notice and public hearing required.
35.43.130 - Preliminary estimates and assessment roll.
35.43.140 - Resolutions—Contents, publication—Hearing, by whom held.
35.43.150 - Resolutions—Hearing upon—Notice.
35.43.180 - Restraint by protest.
35.43.182 - Waivers of protest—Recording—Limits on enforceability.
35.43.184 - Preformation expenditures.
35.43.186 - Credits for other assessments.
35.43.188 - Assessment reimbursement accounts.
35.43.190 - Work—By contract or by city or public corporation.
35.43.200 - Street railways at expense of property benefited.
35.43.210 - Street railways at expense of property benefited—Petition—Assessment district.
35.43.220 - Street railways at expense of property benefited—Assessment of cost.
35.43.230 - Street railways at expense of property benefited—Procedure.
35.43.250 - Deferral of collection of assessments for economically disadvantaged persons—Authorized.
35.43.270 - Sanitary sewer or potable water facilities—Notice to certain property owners.