§ 43.99E.025. Administration of proceeds
The proceeds from the sale of the bonds deposited in the state and local improvements revolving account -- water supply facilities of the general fund under the terms of this chapter shall be divided into two shares as follows:
(1) Seventy-five million dollars, or so much thereof as may be required, shall be used for domestic, municipal, and industrial water supply facilities; and
(2) Fifty million dollars, or so much thereof as may be required, shall be used for water supply facilities for agricultural use alone or in combination with fishery, recreational, or other beneficial uses of water.
The share of seventy-five million dollars shall be administered by the department of health and the share of fifty million dollars shall be administered by the department of ecology, subject to legislative appropriation. The administering departments may use or permit the use of any funds derived from the sale of bonds authorized under this chapter to accomplish the purpose for the issuance of the bonds by direct expenditures and by grants or loans to public bodies, including grants to public bodies as matching funds in any case where federal, local, or other funds are made available on a matching basis for improvements within the purposes of this chapter.
[1991 c 3 § 302; 1979 ex.s. c 234 § 4.]
Notes:
Referral to electorate -- 1979 ex.s. c 234: See note following RCW 43.99E.010.
Sections: Previous 43.99E.005 43.99E.010 43.99E.015 43.99E.020 43.99E.025 43.99E.030 43.99E.035 43.99E.040 43.99E.045 43.99E.050 43.99E.055 43.99E.900 Next
Last modified: April 7, 2009