2004/10/27 Council Agenda Packet

Projects of Statewide Significance Purpose, Declaration, Definitions, Assistance and Processes Purpose Define the key actions and decision points governing Projects of Statewide Significance (PSWS) as defined in RCW 43.157. Declaration RCW 43.157.005 states: The legislature declares that certain industrial investments merit special designation and treatment by governmental bodies when they are proposed. Such investments bolster the economies of their locale and impact the economy of the state as a whole. It is the intention of the legislature to recognize industrial projects of statewide significance and to encourage local governments and state agencies to expedite their completion. Definitions An industrial Project of Statewide Significance is a border crossing industrial project that involves both private and public investments carried out in conjunction with adjacent states or provinces or a private industrial development with private capital investment in manufacturing or research and development. Qualifications 1. The applicant(business) must submit an application for designation as an industrial project of statewide significance to the Department of Community,Trade, and Economic Development. The application will be accompanied with a letter of approval from the legislative authority of any jurisdiction that will have the proposed industrial project within its boundaries. The project must have: (a) In counties with a population of less than or equal to twenty thousand, a capital investment of twenty million dollars; (b) In counties with a population of greater than twenty thousand but no more than fifty thousand, a capital investment of fifty million dollars; (c) In counties with a population of greater than fifty thousand but no more than one hundred thousand, a capital investment of one hundred million dollars; (d) In counties with a population of greater than one hundred thousand but no more than two hundred thousand, a capital investment of two hundred million dollars; (e) In counties with a population of greater than two hundred thousand but no more than four hundred thousand, a capital investment of four hundred million dollars; (f) In counties with a population of greater than four hundred thousand but no more than one million, a capital investment of six hundred million dollars; (g) In counties with a population of greater than one million, a capital investment of one billion dollars; or (h) Been designated by the Director of the Department of Community, Trade, and Economic Development as an industrial project of statewide significance either: (i) Because the county in which the project is to be located is a distressed county and the economic circumstances of the county merit the additional assistance such designation will bring; or (ii)Because the impact on a region due to the size and complexity of the project merits 3 3 such designation.