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Topic: Transportation Benefit District

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February 10, 2014 at 9:26 PM

King County Council OKs creation of Transportation Benefit District

The Metropolitan King County Council gave its unanimous approval Monday for the formation of a Transportation Benefit District (TBD), which is a separate taxing district that, with voter approval, has the authority to generate revenue for transit, roads and other transportation projects. The TBD’s structure is similar to the King County Ferry District and King County…

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