RCW 47.46.070
Use of state bonds on certain projects.
(1) To the extent that the legislature specifically appropriates funding for a project developed under this chapter using the proceeds of bonds issued by the state, an agreement for the design or construction of the project entered into by the secretary must incorporate provisions that are consistent with the use of the state financing provided by the appropriation.
(2) The secretary shall amend existing agreements or execute new agreements to comply with subsection (1) of this section.
(3) If the secretary is unable to reach agreement with other parties on contractual provisions providing for state financing, the secretary shall not enter into an agreement, or shall take no action with respect to an agreement, or shall exercise termination provisions, whichever option in the secretary's determination will result in the lowest net cost to the state.
[ 2002 c 114 § 4.]
NOTES:
Finding—Intent—2002 c 114: See RCW 47.46.011.
Captions not law—2002 c 114: See note following RCW 47.46.011.
Structure Revised Code of Washington
Title 47 - Public Highways and Transportation
Chapter 47.46 - Public-Private Transportation Initiatives.
47.46.011 - Finding—Intent—2002 c 114.
47.46.030 - Demonstration projects—Selection—Public involvement.
47.46.040 - Demonstration projects—Terms of agreements—Public participation.
47.46.050 - Financial arrangements.
47.46.060 - Deferral of taxes—Application—Repayment.
47.46.070 - Use of state bonds on certain projects.
47.46.080 - State toll facilities authorized for projects.
47.46.090 - Citizen advisory committee—Tolls.
47.46.091 - Tacoma Narrows bridge citizen advisory committee.
47.46.100 - Tolls—Setting—Lien on.
47.46.105 - Tolls—Electronic toll collection and photo toll systems—Administrative fees—Violation.
47.46.120 - Toll increases in excess of fiscal growth factor.
47.46.130 - Use of state bond proceeds.
47.46.140 - Repayment of motor vehicle fund from toll charges.
47.46.150 - Alteration not a new proposal.
47.46.160 - Applicable rules and statutes.
47.46.170 - Application of RCW 47.46.040 and 47.46.050.