Pursuant to Chapter 36.100 RCW (the "County PFD Act"), there is hereby created a public facilities district, which shall be called the Snohomish County Public Facilities District (the "District"), coextensive with the boundaries of the County, with only the powers and authority set forth in the County PFD Act as last amended by Chapter 363 Laws of Washington 2002. The District is established for the sole purpose of pursuing joint ownership, financing, or operational relationships with any other public agency within the County for the development of Regional Center projects and/or with a nonprofit entity for the development of a Regional Center project at Paine Field.

For the purpose of this section, the term "public agency" shall have the meaning set forth in RCW 39.34.020. The term "nonprofit entity" shall include any entity formed under Chapter 24.02 RCW or 24.06 RCW.

The Executive and other appropriate officers of the County are authorized and directed to take any and all such additional actions as may be necessary or desirable to accomplish the creation of the District. (Added by Ord. 01-041, June 27, 2001, Eff date July 8, 2001; Amended by Ord. 02-066, Nov. 4, 2002, Eff date Nov. 15, 2002).