RCW 47.01.417
State route No. 520 improvements—Finance plan—Revenue sources and savings recognition.
The state route number 520 bridge replacement and HOV project finance plan must include:
(1) Recognition of revenue sources that include: One billion seven hundred million dollars in state and federal funds allocated to the project; one billion five hundred million dollars to two billion dollars in tolling revenue, including early tolls that could begin in late 2009; eighty-five million dollars in federal urban partnership grant funds; and other contributions from private and other government sources; and
(2) Recognition of savings to be realized from:
(a) Potential early construction of traffic improvements from the eastern Lake Washington shoreline to 108th Avenue Northeast in Bellevue;
(b) Early construction of a single string of pontoons to support two lanes that are for transit and high occupancy vehicle travel and four general purpose lanes;
(c) Preconstruction tolling to reduce total financing costs; and
(d) A deferral of the sales taxes paid on construction costs.
[ 2008 c 270 § 3.]
NOTES:
Finding—2008 c 270: See note following RCW 47.01.408.
Structure Revised Code of Washington
Title 47 - Public Highways and Transportation
Chapter 47.01 - Department of Transportation.
47.01.011 - Legislative declaration.
47.01.031 - Department created—Transfer of powers, duties, and functions.
47.01.041 - Secretary of transportation—Appointment, salary, removal.
47.01.051 - Commission created—Appointment of members—Terms—Qualifications—Removal.
47.01.061 - Commission—Procedures and internal operations.
47.01.070 - Director's and commissioner's prior assignments may be delegated.
47.01.071 - Commission—Functions, powers, and duties.
47.01.075 - Transportation policy development.
47.01.078 - Transportation system policy goals—Duties.
47.01.081 - Department—Organization—Management personnel.
47.01.091 - Advisory councils.
47.01.101 - Secretary—Authority and duties.
47.01.131 - Continuation of state services to department.
47.01.180 - Roads and bridges in state parks.
47.01.190 - State aid engineer.
47.01.210 - Contract without bid or bond with public utilities and municipal corporations.
47.01.240 - Coordination of long-range needs studies.
47.01.250 - Consultation with designated state officials.
47.01.260 - Authority of department.
47.01.270 - Radioactive or hazardous cargo, notice of prohibition.
47.01.280 - Application for improvements to existing highways.
47.01.290 - Environmental review of transportation projects.
47.01.330 - Office of transit mobility.
47.01.340 - Local and regional transportation goals.
47.01.380 - State route No. 520 improvements—Exceptions.
47.01.408 - State route No. 520 improvements—Design requirements.
47.01.412 - State route No. 520 improvements—Tax deferrals—Definition.
47.01.415 - State route No. 520 improvements—Finance plan.
47.01.417 - State route No. 520 improvements—Finance plan—Revenue sources and savings recognition.
47.01.420 - Naming and renaming state transportation facilities.
47.01.425 - Jurisdictional transfers.
47.01.430 - Wounded combat veterans internship program.
47.01.435 - Highway construction workforce development—Reports.
47.01.460 - Adjustments to recreational vehicle fees.
47.01.470 - Transfer of ownership of department-owned vessel—Review of vessel's physical condition.
47.01.475 - Transfer of ownership of department-owned vessel—Further requirements.
47.01.490 - Reporting engineering errors on highway construction projects—Requirements.
47.01.495 - Construction program business plan—Requirements—Progress reports—Advisory group.
47.01.505 - Interstate 5 Columbia river bridge project—Joint legislative action committee.
47.01.510 - Autonomous vehicle executive and legislative work group.
47.01.515 - Environmental justice obligations of the department of transportation.