Financing Transit Station Improvements through Geo-Bonds

Tom Gihring
Common Ground OR/WA
Seattle, Washington
January 2000

“In Washington State, a unique opportunity exists to rework an existing statute that authorizes the formation of “Public Transportation Benefit Areas” (RCW 36.57A), which has not been used due to unresolved legal issues. The law could be reformulated to specifically support TOD and fund transit-related improvements in station areas designated by a local jurisdiction”