§ 14.36.100. Development plan.

A.

The Inter-Island Ferry Authority shall prepare , and shall maintain and keep current by amendment from time to time as necessary or appropriate, a Inter-Island Ferry Authority Development Plan ("development plan"). The development plan shall contain, for each proposed project.

1.

A general project description which shall identify the need for the project development phases, if any, a description of any existing improvements in the project area to be affected by the project, a description of real and personal property, including municipal real and personal property, proposed to be conveyed or leased to or from the Inter-Island Ferry Authority, and any other information necessary to adequately describe the project's purpose and scope;

2.

A development schedule including phases, if any;

3.

The estimated development cost, including the estimated development cost of project phases, if any;

4.

The estimated cost of operation;

5.

The proposed method of financing the improvements;

6.

Identification of anticipated revenues from use fees, leases or other contractual arrangements with respect to each project; and

7.

Any other information which the board deems necessary or appropriate to adequately describe the intent, purpose, schedule, and cost.

B.

The Inter-Island Ferry Authority shall not undertake any project which is not consistent with the development plan, as amended, which has been approved by all the municipalities participating in the Inter-Island Ferry Authority.

C.

The Inter-Island Ferry Authority shall submit the development plan and all amendments to that development plan to the governing body of each of the participating municipalities for review and approval by resolution.

(Ord. No. 09-04, § 10, 10-6-2009)