NOTICE OF PUBLIC HEARING

Notice is hereby given that the Spokane Valley City Council will hold a Public Hearing in the Great Room of CenterPlace Regional Event Center, located at 2426 North Discovery Place, Spokane Valley, WA, on October 17, 2023 at 6.00 p.m. or as soon thereafter as it may be heard, to receive citizen input regarding the establishment of a Transportation Benefit District (“TBD”) pursuant to chapter 36.73 RCW.

A TBD is a quasi-municipal corporation, an independent taxing authority, and a taxing district that can raise revenue for specific transportation improvement projects, typically through vehicle license fees or sales taxes. The City is proposing the creation of a TBD that is coterminous with the corporate limits of the City as the boundaries currently exist or as they may exist following future annexations. The members of the Spokane Valley City Council would constitute the governing body (“Board”) of the TBD. The functions to be provided by the TBD include without limitation:

•    The TBD Board shall have the authority to establish fees (including an annual vehicle fee), taxes, and other revenue sources in accordance with chapter 36.73 RCW.

•    Any expansion of the authorized purposes of the TBD shall be undertaken only after notice, hearing, and adoption of an ordinance.

•    When authorized by the voters pursuant to the requirements of chapter 36.73 RCW, other taxes, fees, charges, and tolls or increases in these revenue services may be assessed for the construction, preservation, maintenance, and operations of City streets.  

•    The TBD Board will have all powers and functions provided for by state law, including but not limited to chapter 36.73 RCW, as it now exists or is hereafter amended, to fulfill the purposes of the TBD.

Although the proposed TBD formation ordinance would authorize the TBD Board to implement revenue services, no fees or taxes are proposed to be implemented at the time of formation.