Water-sewer district surplus

AN ACT Relating to the sale of surplus property by water-sewer 1
districts; and amending RCW 57.08.015 and 57.08.016.2
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:3
Sec. 1. RCW 57.08.015 and 1999 c 153 s 4 are each amended to 4
read as follows: 5
The board of commissioners of a district may sell, at public or 6
private sale, property belonging to the district if the board 7
determines that the property is not and will not be needed for 8
district purposes and if the board gives notice of intention to sell 9
as in this section provided. However, no such notice of intention 10
shall be required to sell personal property of less than ((two 11
thousand five hundred dollars)) $5,400 in value. 12
The notice of intention to sell shall be published once a week 13
for two consecutive weeks in a newspaper of general circulation in 14
the district. The notice shall describe the property and state the 15
time and place at which it will be sold or offered for sale, the 16
terms of sale, whether the property is to be sold at public or 17
private sale, and if at public sale the notice shall call for bids, 18
fix the conditions of the bids and reserve the right to reject any 19
and all bids for good cause. 20
S-0607.1
SENATE BILL 5467
State of Washington 69th Legislature 2025 Regular Session
By Senators Goehner, Short, Cleveland, Orwall, Muzzall, Salomon, and
Wagoner
p. 1 SB 5467
Sec. 2. RCW 57.08.016 and 2011 c 90 s 1 are each amended to read 1
as follows: 2
(1) There shall be no private sale of real property where the 3
estimated value exceeds the sum of ((five thousand dollars )) $7,500. 4
Estimated value shall be determined by the board of commissioners and 5
based upon real estate appraiser and broker advice as it considers 6
appropriate. Subject to the provisions of subsection (2) of this 7
section, no real property of the district shall be sold for less than 8
ninety percent of the value thereof. Where the estimated value of the 9
real property exceeds five thousand dollars, value shall be 10
established by a written broker price opinion made not more than six 11
months prior to the date of sale by three disinterested real estate 12
brokers licensed under the laws of the state or by one professionally 13
designated real estate appraiser as defined in chapter 18.140 RCW. A 14
broker price opinion shall be signed by the broker and an appraisal 15
must be signed by the appraiser and filed with the secretary of the 16
board of commissioners of the district, who shall keep it at the 17
office of the district open to public inspection. Any notice of 18
intention to sell real property of the district shall recite the 19
estimated value or, if an appraisal has been made, the appraised 20
value thereof. 21
(2) If no purchasers can be obtained for the property at ninety 22
percent or more of its estimated or appraised value after one hundred 23
twenty days of offering the property for sale, the board of 24
commissioners of the district may adopt a resolution stating that the 25
district has been unable to sell the property at the ninety percent 26
amount. The district then may sell the property at the highest price 27
it can obtain at public auction. A notice of intention to sell at 28
public auction shall be published once a week for two consecutive 29
weeks in a newspaper of general circulation in the district. The 30
notice shall describe the property, state the time and place at which 31
it will be offered for sale and the terms of sale, and shall call for 32
bids, fix the conditions thereof, and reserve the right to reject any 33
and all bids for good cause. 34
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