(1) The board of county commissioners of any county
and/or the mayor and city council or city commission of any city
or town and/or the board shall have authority to exchange, each
with the other, or with the federal forest service, the federal
government or any proper agency thereof and/or with any private
landowner, county land of any character, land owned by
municipalities of any character, and state forest land owned by
the state under the jurisdiction of the department, for real
property of equal value for the purpose of consolidating and
blocking up the respective land holdings of any county,
municipality, the federal government, or the state of Washington
or for the purpose of obtaining lands having commercial
recreational leasing potential.
(2) During the biennium ending June 30, 2005, the
department, with approval of the board, may exchange any state
forest land and any timber thereon for any real property and
proceeds of equal value. Proceeds may be in the form of cash or
services in order to achieve the purposes established in this
section. Any cash received as part of an exchange transaction
shall be deposited in the forest development account to pay for
administrative expenses incurred in carrying out an exchange
transaction. The amount of proceeds received from the exchange
partner may not exceed five percent of the total value of the
exchange. The receipt of proceeds shall not change the character
of the transaction from an exchange to a sale.
[2003 1st sp.s. c 25 § 937; 2003 c 334 § 209; 1973 1st ex.s. c 50 § 1; 1961 c 77 § 1; 1937 c 77 § 1; RRS § 5812-3e. Formerly RCW 76.12.050.]
NOTES:
Reviser's note: This section was amended by 2003 c 334 § 209 and by 2003 1st sp.s. c 25 § 937, each without reference to the other. Both amendments are incorporated in the publication of this section under RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Severability -- Effective date -- 2003 1st sp.s. c 25: See notes following RCW 19.28.351.
Intent -- 2003 c 334: See note following RCW 79.02.010.