RCW 47.12.350
Advanced environmental mitigation—Site management—Reimbursement of account.
(1) After advanced environmental mitigation is conducted from funds in the advanced environmental mitigation revolving account, the advanced environmental mitigation sites must be managed in accordance with any permits, agreements, or other legal documents under which the subject advanced environmental mitigation is conducted.
(2) When the department or any of its transportation partners proceeds with the construction of a transportation project that will use advanced environmental mitigation sites to meet the environmental mitigation needs of a project, the advanced environmental mitigation revolving account shall be reimbursed from those transportation project funds appropriated for the use of the advanced environmental mitigation sites. Reimbursements to the advanced environmental mitigation revolving account must be paid at a rate that captures:
(a) Projected land acquisition costs for environmental mitigation for the subject transportation project;
(b) Advanced environmental mitigation site development costs;
(c) Advanced environmental mitigation site operational costs (e.g., site monitoring);
(d) Administrative costs for the management of the advanced environmental revolving account.
These costs must be adjusted based on inflation, as appropriate.
When only a portion of an advanced environmental mitigation site is used, the reimbursement rate charged to the purchasing party will be prorated for the portion used.
[ 1997 c 140 § 4.]
NOTES:
Intent—1997 c 140: See note following RCW 47.12.330.
Structure Revised Code of Washington
Title 47 - Public Highways and Transportation
Chapter 47.12 - Acquisition and Disposition of State Highway Property.
47.12.010 - Acquisition of property authorized—Condemnation actions—Cost.
47.12.011 - Purchase options authorized.
47.12.015 - "Reservation boundary" defined.
47.12.029 - Acquisition of state lands or interests or rights therein—Certain purposes prohibited.
47.12.040 - Acquisition of property from a political subdivision.
47.12.044 - Proceedings to acquire property or rights for highway purposes—Precedence.
47.12.050 - Work on remaining land as payment.
47.12.055 - Notification requirements.
47.12.063 - Surplus real property program.
47.12.064 - Affordable housing—Inventory of suitable property.
47.12.066 - Sale or lease of personal property—Provision of services—Proceeds.
47.12.080 - Sale or exchange of unused land.
47.12.120 - Lease of unused highway land or air space.
47.12.125 - Lease of unused highway land or air space—Disposition of proceeds.
47.12.140 - Severance and sale of timber and other personalty—Removal of nonmarketable materials.
47.12.150 - Acquisition, exchange of property to relocate displaced facility.
47.12.160 - Acquisition of land outside highway right-of-way to minimize damage.
47.12.180 - Additional financing methods for property and engineering costs—Formal declarations.
47.12.220 - Additional financing methods for property and engineering costs—Provisions in agreement.
47.12.242 - "Advance right-of-way acquisition" defined.
47.12.244 - Advance right-of-way revolving fund.
47.12.246 - Reimbursement to advance right-of-way revolving fund.
47.12.248 - Structures acquired in advance of programmed construction—Maintenance.
47.12.250 - Acquisition of property for preservation, safety, buffer purposes.
47.12.270 - Acquisition of property for park and ride lots.
47.12.283 - Sale of real property authorized—Procedure—Disposition of proceeds.
47.12.287 - Exchange of real property authorized—Conveyance by deed.
47.12.290 - Sale of real property—Execution, acknowledgment, and delivery of deed.
47.12.320 - Sale of property—Listing with broker.
47.12.330 - Advanced environmental mitigation—Authorized.
47.12.340 - Advanced environmental mitigation revolving account.
47.12.350 - Advanced environmental mitigation—Site management—Reimbursement of account.
47.12.370 - Environmental mitigation—Exchange agreements.
47.12.380 - Limited project, department may establish—Lease of property.