Revised Code of Washington - RCW Title 35 Cities And Towns - Section 35.92.300 Cities over one hundred fifty thousand, joint undertaking with P.U.D. as to electric utility properties -- Financing

§ 35.92.300. Cities over one hundred fifty thousand, joint undertaking with P.U.D. as to electric utility properties -- Financing

Any city or town and any public utility district cooperating under the provisions of RCW 35.92.280 through 35.92.310 may, without an election or other proceedings under any existing law, contribute money and property, both real and personal, to any joint undertaking pursuant hereto, and may issue and sell revenue bonds to pay its respective share of the costs of acquisition and construction of such electric utility properties. Such bonds shall be issued under the provisions of applicable laws authorizing the issuance of revenue bonds for the acquisition and construction of electric public utility properties by cities, towns and public utility districts, as the case may be.

[1965 c 7 § 35.92.300. Prior: 1957 c 287 § 3. Formerly RCW 80.40.300.]

Notes:
Revenue bonds and warrants issued by
   cities and towns to finance acquisition of public utilities: RCW 35.92.100.
   public utility districts: Chapter 54.24 RCW. Sections:  Previous  35.92.260  35.92.263  35.92.265  35.92.270  35.92.275  35.92.280  35.92.290  35.92.300  35.92.310  35.92.350  35.92.355  35.92.360  35.92.365  35.92.370  35.92.380  Next

Last modified: April 7, 2009