Revised Code of Washington - RCW Title 35 Cities And Towns - Section 35.87.030 Consideration, terms and conditions -- Reversion

§ 35.87.030. Consideration, terms and conditions -- Reversion

A sale, lease or conveyance to such corporation or association may be made for such consideration and on such terms and conditions as the municipality deems appropriate: PROVIDED, That the price charged such corporation or association shall not be in excess of the fair market value of such property: PROVIDED FURTHER, That all deeds, leases and other instruments of conveyance shall incorporate a reversion to the municipality of the property or property interest so deeded, leased or conveyed, in the event that such property should no longer be used as a free public parking facility.

[1967 ex.s. c 144 § 4.]

     Severability -- 1967 ex.s. c 144: See note following RCW 36.900.030.

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Last modified: April 7, 2009