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What is a Transportation Benefit District (TBD)?

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What is a Transportation Benefit District (TBD)?

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A TBD is a quasi-municipal corporation and independent taxing district created for the sole purpose of acquiring, constructing, improving, providing, and funding transportation improvements within the district. Who may create a TBD? The legislative authority of a county or city may create a TBD by ordinance following the procedures set forth in the Revised Code of Washington (RCW) Chapter 36.73. Who governs the TBD? Pursuant to RCW 36.73.020(3), the members of the legislative authority (county or city) proposing to establish the TBD is the governing body of the TBD. The legislative authority acts ex officio and independently as the TBD governing body. Edmonds City Council establishes a TBD On behalf of the Edmonds TBD, the Washington State Department of Licensing is collecting a $20 fee at the time a registered vehicle renewal notice is renewed within the City of Edmonds. The fee takes effect on license tabs that expire on or after September 1, 2009. As referenced above, Washington Sta

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