§ 89.30.400. Debt limit -- General
Reclamation districts created under the provisions of this chapter are hereby authorized and empowered to contract indebtedness for district purposes in any manner, when they deem it advisable, not exceeding an amount, together with the existing nonvoter approved indebtedness of such district, of three-fourths of one percent of the value of the taxable property in such district, as the term "value of the taxable property" is defined in RCW 39.36.015.
[1984 c 186 § 63; 1970 ex.s. c 42 § 38; 1927 c 254 § 134; RRS § 7402-134. Formerly RCW 89.26.060.]
Notes:
Purpose -- 1984 c 186: See note following RCW 39.46.110.
Severability -- Effective date -- 1970 ex.s. c 42: See notes following RCW 39.36.015.
Sections: Previous 89.30.379 89.30.382 89.30.385 89.30.388 89.30.391 89.30.394 89.30.397 89.30.400 89.30.403 89.30.412 89.30.427 89.30.430 89.30.433 89.30.436 89.30.439 Next
Last modified: April 7, 2009