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RCW 36.100.025 Independent financial feasibility review—When <br />required—Public document. (1) An independent financial feasibility <br />review under this section is required to be performed prior to any of <br />the following events: <br />(a) The formation of a public facilities district under this <br />chapter; <br />(b) The issuance of any indebtedness, excluding the issuance of <br />obligations to refund or replace such indebtedness, by a public <br />facilities district under this chapter; or <br />(c) The long-term lease, purchase, or development of a facility <br />under this chapter. <br />(2) The independent financial feasibility review required by this <br />section must be conducted by the department of commerce through the <br />municipal research and services center under RCW 43.110.030 or under a <br />contract with another entity under the authority of RCW 43.110.080. <br />The review must examine the potential costs to be incurred by the <br />public facility [facilities] district and the adequacy of revenues or <br />expected revenues to meet those costs. The cost of the independent <br />financial feasibility review must be borne by the public facility <br />[facilities] district or the local government proposing to form a <br />public facility [facilities] district. <br />(3) The independent financial feasibility review, upon <br />completion, must be a public document and must be submitted to the <br />governor, the state treasurer, the state auditor, the public facility <br />[facilities] district and participating local political subdivisions, <br />and appropriate committees of the legislature. [2012 c 4 § 2.] <br />RCW 36.100.027 Statutorily authorized taxing authority. After <br />June 7, 2012, the statutorily authorized taxing authority of a public <br />facility [facilities] district may not be restricted in any manner by <br />the forming jurisdiction or jurisdictions or by any action of the <br />public facility [facilities] district. [2012 c 4 § 4.] <br />RCW 36.100.030 Facilities—Agreements—Fees. (1) A public <br />facilities district is authorized to acquire, construct, own, remodel, <br />maintain, equip, reequip, repair, and operate (a) sports facilities, <br />entertainment facilities, convention facilities, including without <br />limitation any convention and trade center transferred from a public <br />nonprofit corporation under RCW 36.100.230(1), or regional centers as <br />defined in RCW 35.57.020, and (b) for districts formed after January <br />1, 2000, recreational facilities other than ski areas, together with <br />contiguous parking facilities. The taxes that are provided for in this <br />chapter may only be imposed for these purposes, including without <br />limitation implementing any redemption, prepayment, or legal <br />defeasance of outstanding obligations under RCW 36.100.230(3)(a). <br />(2) A public facilities district may enter into agreements under <br />chapter 39.34 RCW for the design, financing, acquisition, development, <br />construction, reconstruction, lease, remodeling, alteration, <br />maintenance, equipping, reequipping, repair, operation, or management <br />of such facilities and may enter into contracts under chapter 39.34 <br />RCW where any party to the contract provides and operates such <br />facilities for the other party or parties to the contract. A public <br />facilities district may enter into agreements under chapter 39.34 RCW <br />that will assist a public facilities district in the financing of all <br />[ 6 1 <br />