The City, pursuant to RCW 35.21.225 and Chapter 36.73 RCW, hereby establishes and creates a TBD to be known and referred to as the City of Liberty Lake Transportation Benefit District, subject to the following:
A. Establishment of the City of Liberty Lake Transportation Benefit District - General Authority. There is hereby created the City of Liberty Lake TBD with geographical boundaries comprised of the corporate limits of the City as they currently exist or as they may exist following future annexations. The governing board of the transportation benefit district shall be the Liberty Lake City Council acting in an ex officio and independent capacity, which shall have the authority to exercise the statutory powers set forth in RCW 36.73.
B. Powers and Operations:
1. The City of Liberty Lake TBD shall possess all of the powers of a transportation benefit district authorized pursuant to RCW 36.73, including without limitation, the power to fund the district via sales and use tax in an amount not to exceed one-tenth of one percent (0.1%) for a period of 10 years upon a majority vote of the governing board as provided for in RCW 36.73.065 and in accordance RCW 82.14.0455.
2. Consistent with RCW 36.73.020 the treasurer of the City of Liberty Lake TBD shall be the City Finance Director. Additionally, the City Attorney shall serve as legal advisor and other city employees shall carry out the operations of the City of Liberty Lake TBD.
C. Transportation Improvements Funded. The funds generated by the transportation benefit district shall be used for transportation operations, maintenance, preservation and improvements as defined in RCW 36.73.015(6) and including projects contained in City of Liberty Lake’s Capital Facilities Plan. (Ord. 82, 2-19-2002; amd. Ord. 297, 9-19-2024)