Revised Code of Washington
Chapter 35.95 - Public Transportation Systems in Municipalities.
35.95.070 - Purchase of leased public transportation system—Purchase price.

RCW 35.95.070
Purchase of leased public transportation system—Purchase price.

In the event the corporate authorities of any municipality during the term of a lease or any renewal thereof of a public transportation system desire to purchase the said system, the purchase price shall be no greater than the fair market value of the said system at the commencement of the lease.

[ 1965 ex.s. c 111 § 7.]
NOTES:

Authority to acquire and operate transportation facilities: RCW 35.92.060.

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Structure Revised Code of Washington

Revised Code of Washington

Title 35 - Cities and Towns

Chapter 35.95 - Public Transportation Systems in Municipalities.

35.95.010 - Declaration of intent and purpose.

35.95.020 - Definitions.

35.95.030 - Appropriation of funds for transportation systems authorized—Referendum.

35.95.040 - Levy and collection of excise taxes authorized—Business and occupation tax—Excise tax on residents—Appropriation and use of proceeds—Voter approval.

35.95.050 - Collection of tax—Billing.

35.95.060 - Funds derived from taxes—Restrictions on classification, etc.