There is created a transportation benefit district to be known as the Shoreline transportation benefit district with boundaries comprised of the corporate limits of the city, including changes to boundaries from future city annexations.
(Ord. 550 § 2, 2009)
A. 
The funds generated by the district may be used for transportation improvements that preserve, maintain and operate the existing transportation infrastructure of the city, consistent with the requirements of Chapter 36.73 RCW, as amended. In addition to these improvements, the funds generated may be used for any other transportation improvements that are consistent with existing state, regional, and local transportation plans and necessitated by existing or reasonably foreseeable congestion levels pursuant to Chapter 36.73 RCW. The district shall select projects for funding that best reduce the risk of transportation facility failure, improve safety, decrease travel time, increase daily and peak period trip capacity, improve modal connectivity, and preserve and maintain optimal performance of the infrastructure over time to avoid expensive infrastructure replacement in the future.
B. 
In addition to the foregoing, the funds generated may be used for any purpose allowed by law to operate the district.
(Ord. 550 § 2, 2009)
A. 
The district, by a majority vote of the governing board, may authorize a motor vehicle license fee as follows:
1. 
A vehicle fee of up to $20.00 as provided in RCW 82.80.140 for the purposes set forth in this chapter and as may be subsequently authorized according to law;
2. 
A vehicle fee of up to $40.00 as provided in RCW 82.80.140 if a vehicle fee of $20.00 has been imposed for at least 24 months; or
3. 
A vehicle fee of up to $50.00 as provided in RCW 82.40.140 if a vehicle fee of $40.00 has been imposed for at least 24 months and the district has met the following requirements:
a. 
Published notice of this intention in one or more newspapers of general circulation within the district by April 1st of the year in which the vehicle fee is to be imposed.
b. 
If within 90 days of the date of publication a petition is filed with the King County auditor containing the signatures of eight percent of the number of voters registered and voting in the district for the office of the governor at the last preceding gubernatorial election and the King County auditor certifies the sufficiency to the district’s governing board within two weeks, the proposition to impose the vehicle fee must be submitted to the voters of the district at a special election, called for this purpose, no later than the date on which a primary election would be held under RCW 29A.04.311.
c. 
The vehicle fee may then be imposed only if approved by a majority of the voters of the district voting on the proposition.
B. 
The district may impose additional taxes, fees, charges or tolls authorized by RCW 36.73.040 or ad valorem property taxes authorized by RCW 36.73.060 only if approved by district voters pursuant to RCW 36.73.065.
C. 
The district shall have all powers and functions provided by Chapter 36.73 RCW to fulfill the functions of the district including the power to issue general obligation bonds and revenue bonds.
(Ord. 550 § 2, 2009; Ord. 715 § 2, 2015; Ord. 726 § 3, 2015)
A. 
The governing board (“board”) of the district shall be the Shoreline city council. The board shall have those powers set forth in Chapter 36.73 RCW and this chapter.
B. 
The board shall develop a policy to address major changes to project delivery or financing plans as required by RCW 36.73.160(1). The policy shall include a public hearing to take comment on proposals to resolve transportation improvement project costs that exceed the district’s original capital project estimates by 20 percent.
C. 
The board shall issue an annual report as required by RCW 36.73.160(2).
D. 
The city manager shall be the chief executive officer and city finance director shall serve as the treasurer of the district.
(Ord. 550 § 2, 2009; Ord. 726 § 2, 2015)
The district shall automatically dissolve upon completion of the transportation improvements authorized in this chapter or as modified under SMC § 3.60.020, or if there is outstanding debt or obligations then in effect, it shall reduce its day-to-day activities to the collection of revenue and payment of debt service, and automatically dissolve 30 days after all debt has been retired and responsibilities satisfied. Notice of dissolution shall be published at least three times in a period of 30 days.
(Ord. 550 § 2, 2009)