(1) A port district or two port districts that act jointly in accordance with subsection (3) of this section may by resolution: (a) Create a port development authority solely to manage maritime activities of the port district or districts; and (b) Transfer to any port development authority created under this section, with or without consideration, any funds, real or personal property, property interests, or services. (2) Port development authorities created under subsection (1) of this section may: (a) Administer and execute federal grants or programs; (b) Receive and administer private funds, goods, or services for any lawful public purpose related to maritime activities of the port district or districts; and (c) Perform any lawful public purpose or public function related to maritime activities of the port district or districts, including exercise any powers of the port district or districts that created the port development authority, subject to limitations provided in this chapter. (3) Two port districts, each located in a county with a population of more than eight hundred thousand on July 24, 2015, may jointly exercise the authority provided in this section under an agreement for joint or cooperative action executed in accordance with the interlocal cooperation act, chapter 39.34 RCW. (4) Any resolution to create a port development authority that is adopted by a port district under this section must limit the liability of the port development authority to the assets and property of the port development authority. [ 2015 c 35 s 3.]
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