Washington Code 35.100.030 – Local retail sales and use tax increment revenue — Applications
Current as of: 2023 | Check for updates
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Local retail sales and use tax increment revenue, or any portion thereof, may be applied as follows:
Terms Used In Washington Code 35.100.030
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(1) To pay downtown or neighborhood commercial district community revitalization costs;
(2) To pay into bond redemption funds established to pay the principal and interest on general obligation or revenue bonds issued to finance a downtown or neighborhood commercial district community revitalization project;
(3) In combination with any other public or private funds available to the city or town for the purposes provided in this section; or
(4) To pay any combination of costs under subsection (1), (2), or (3) of this section.
[ 2002 c 79 § 3.]