Local retail sales and use tax increment revenue—Applications.

1. Law
2. Revised Code of Washington
3. Cities and Towns
4. Downtown and Neighborhood Commercial Districts.
5. Local retail sales and use tax increment revenue—Applications.

Local retail sales and use tax increment revenue, or any portion thereof, may be applied as follows:

(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.]

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