Clarifying the use of revenue generated from tolling the state route number 520 corridor.
Summary
Allows the use of the proceeds from the State Route (SR) 520 bridge toll-backed bonds to be spent on any aspect of the SR 520 bridge replacement and high occupancy vehicle (HOV) program.
Requires $200 million in bond proceeds to be spent only on the floating bridge and the west side of the corridor, and allows the use of these funds for effective connections for HOVs and transit to the extent these connections benefit or improve the operation of the SR 520 corridor.
Adds multiple elements to the SR 520 corridor program including HOV lane standards; work groups on alternative transit connections to the University Link light rail line, planning and financing for high capacity transit in the corridor, design refinements, and Arboretum mitigation; and an account into which civil penalties generated on the SR 520 must be deposited, which can fund any project within the SR 520 program including mitigation.
Requires the floating bridge portion of the project to have a total height from the water to the top of the bridge rail of not more than 20 feet if the project is funded by revenue generated by tolling the corridor.
From the Engrossed Substitute House Bill Report (ESSB 6392), written by the Legislature's nonpartisan staff. Read the full report ↗
Enacted (partial veto)Enacted with partial veto · Chapter 248, Laws of 2010