56 chapters · 633 sections in this title.
RCW 39.89.010 Declaration—Purpose.
1.4K chars
(1) It is declared to be the public policy of the state of Washington to promote and facilitate the orderly development and economic stability of its communities. Local governments need the ability to raise revenue to finance public improvements that are designed to encourage eco…
RCW 39.89.020 Definitions.
5.6K chars
*** CHANGE IN 2026 *** (SEE 2451-S2.SL) ***The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.(1) "Assessed value of real property" means the valuation of real property as placed on the last completed assessment roll.(2) "I…
RCW 39.89.030 Authority—Conditions.
1.7K chars
A local government may finance public improvements using community revitalization financing subject to the following conditions:(1) The local government adopts an ordinance designating an increment area within its boundaries and specifying the public improvements proposed to be f…
RCW 39.89.040 Coordination with other programs—Improvements by private developer must meet applicable state and local laws.
0.4K chars
(1) Public improvements that are financed with community revitalization financing may be undertaken and coordinated with other programs or efforts undertaken by the local government and other taxing districts and may be funded in part from revenue sources other than community rev…
RCW 39.89.050 Procedure for creating increment area.
2.6K chars
Before adopting an ordinance creating the increment area, a local government must:(1) Obtain written agreement for the use of community revitalization financing to finance all or a portion of the costs of the designated public improvements from taxing districts that, in the aggre…
RCW 39.89.060 Public notice—Notice to officials.
0.5K chars
The local government shall:(1) Publish notice in a legal newspaper of general circulation within the increment area that describes the public improvement, describes the boundaries of the increment area, and identifies the location and times where the ordinance and other public in…
RCW 39.89.070 Apportionment of taxes.
2.9K chars
(1) Commencing in the calendar year following the passage of the ordinance, the county treasurer shall distribute receipts from regular taxes imposed on real property located in the increment area as follows:(a) Each taxing district shall receive that portion of its regular prope…
RCW 39.89.080 General indebtedness—Security.
1.5K chars
(1) A local government designating an increment area and authorizing the use of community revitalization financing may incur general indebtedness, and issue general obligation bonds, to finance the public improvements and retire the indebtedness in whole or in part from tax alloc…
RCW 39.89.090 Conclusive presumption of validity.
0.3K chars
A direct or collateral attack on a public improvement, public improvement ordinance, or increment area purported to be authorized or created in conformance with applicable legal requirements, including this chapter, may not be commenced more than thirty days after publication of …
RCW 39.89.100 Revenue bonds.
3.0K chars
(1) A local government may issue revenue bonds to fund revenue-generating public improvements, or portions of public improvements, that are located within an increment area and that it is authorized to provide or operate. Whenever revenue bonds are to be issued, the legislative a…
RCW 39.89.900 Supplemental nature of chapter.
0.2K chars
This chapter supplements and neither restricts nor limits any powers which the state or any local government might otherwise have under any laws of this state.[ 2001 c 212 s 10.]