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Scope of Work <br />ln order to conduct this independent feasibility review, Johnson Consulting performed the <br />following tasks: <br />1. Reviewed all documents provided by Commerce and Kittitas County, including documents <br />proviclecl at conrmencement of the study, as well as others obtained from thc County <br />throughout the study process. No additional independent research was conducted as part <br />of this independent feasibility review <br />2. Reviewed costs to be incurred in relation to the formation of the PFD and capacity to repay <br />debt financing and operating costs associated with the projects. <br />PFD Formation, Governance and Funding <br />Washington State law allows for PFDs to be formed by cities, counties or contiguous groups of <br />cities/ counties through an lnterlocal Agreement (RCW 39.34). The boundaries of the PFD <br />must be contiguous with the city, county or contiguous group of cities/ counties that formed the <br />pFD. Specific formation processes are set forth in RCW 35.57 (formation by cities) and RCW <br />36.100 (formation bY counties).2 <br />A pFD is a municipal corporation, an independent taxing authority and a taxing district and <br />possesses all the usual powers of a corporation for public purposes, including, but not limited <br />to, the authority to hire employees, staff, and services, to enter into contracts, including <br />contracts with public and private parties, to acquire, own, sell, transfer, lease, and otherwise <br />acquire or dispose of property, to grant concessions under terms approved by the PFD, and to <br />sue and be sued (RCW 36.100).3 <br />2. \^'/ASf-llNGTOl.l ST,-\lE LEGISLi\lUFiE P'CV/:19.34,35 57 AND 3tj 'l f-)il <br />:l \/!A:jl-llNCiTCtl.l SIATE LEGISI-.\TtJRE ROW:16 1Oij <br />lt {.i{l}lfl::iilii <br />;j!, .:i' :: iln <br />10