(1) Demonstration projects are designated to determine the feasibility of local revitalization financing. For the purpose of this section, "annual state contribution limit" means two million two hundred fifty thousand dollars statewide per fiscal year. Notwithstanding RCW 39.104.100, the department shall approve each demonstration project as follows:

     (a) The Whitman county Pullman/Moscow corridor improvement project award shall not exceed two hundred thousand dollars;

     (b) The University Place improvement project award shall not exceed five hundred thousand dollars;

     (c) The Tacoma international financial services area/Tacoma dome project award shall not exceed five hundred thousand dollars;

     (d) The Bremerton downtown improvement project award shall not exceed three hundred thirty thousand dollars;

     (e) The Auburn downtown redevelopment project award shall not exceed two hundred fifty thousand dollars;

     (f) The Vancouver Columbia waterfront/downtown project award shall not exceed two hundred twenty thousand dollars; and

     (g) The Spokane University District project award shall not exceed two hundred fifty thousand dollars.

     (2) Local government sponsors of demonstration projects must submit to the department no later than September 1, 2009, documentation that substantiates that the project has met the conditions, limitations, and requirements provided in chapter 270, Laws of 2009.

     (3) Within sixty days of such submittal, the department shall approve demonstration projects that have met these conditions, limitations, and requirements.

     (4) Local government sponsors of demonstration projects may elect to decline the project awards as designated in this section, and may elect instead to submit applications according to the process described in RCW 39.104.100.

[2009 c 270 § 402.]