Washington § 47.01.417 - State route No. 520 improvements — Finance plan — Revenue sources and savings recognition.

Full text of Washington Revised Code of Washington § 47.01.417 — State route No. 520 improvements — Finance plan — Revenue sources and savings recognition., with citation guidance and answers to common questions.

§ 47.01.417. State route No. 520 improvements — Finance plan — Revenue sources and savings recognition.

The state route number 520 bridge replacement and HOV project finance plan must include:
(1) Recognition of revenue sources that include: One billion seven hundred million dollars in state and federal funds allocated to the project; one billion five hundred million dollars to two billion dollars in tolling revenue, including early tolls that could begin in late 2009; eighty-five million dollars in federal urban partnership grant funds; and other contributions from private and other government sources; and
(2) Recognition of savings to be realized from:
(a) Potential early construction of traffic improvements from the eastern Lake Washington shoreline to 108th Avenue Northeast in Bellevue;
(b) Early construction of a single string of pontoons to support two lanes that are for transit and high occupancy vehicle travel and four general purpose lanes;
(c) Preconstruction tolling to reduce total financing costs; and
(d) A deferral of the sales taxes paid on construction costs.
[ 2008 c 270 s 3.]

Notes

Finding—2008 c 270: See note following RCW 47.01.408.

Source: official Washington text · Last verified 2026-08-27

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What does Revised Code of Washington § 47.01.417 cover?

Section 47.01.417 ("State route No. 520 improvements — Finance plan — Revenue sources and savings recognition.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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