Revised Code of Washington - RCW Title 35 Cities And Towns - Chapter 35.89 Water Redemption Bonds

• 35.89.010 Authority to issue water redemption bonds
  If a public water system has been constructed within any local improvement district of any city or town for the construction of which bonds of ...
• 35.89.020 Bonds -- Terms -- Execution -- Rights of owner
  (1) Water redemption bonds shall be in denominations of not more than one thousand nor less than one hundred dollars each, and shall bear interest ...
• 35.89.030 Bonds exchange -- Subrogation
  Water redemption bonds issued under the authority of this chapter shall only be sold or disposed of in exchange for an equal amount in par ...
• 35.89.040 Water redemption fund -- Creation
  The city or town council before issuing water redemption bonds shall by ordinance establish a fund for the payment of the bonds at maturity and ...
• 35.89.050 Water redemption fund -- Sources
  Every city and town shall have power to regulate and control the use and price of water supplied through a water system taken over from ...
• 35.89.060 Water redemption fund -- Trust fund
  All moneys paid into or collected for the water redemption fund shall be used for the payment of principal and interest of the water redemption ...
• 35.89.070 Payment of interest on bonds
  The treasurer of such city or town shall pay the interest on the water redemption bonds authorized by this chapter out of the money in ...
• 35.89.080 Payment of principal of bonds
  Whenever there is sufficient money in the water redemption fund, over and above the amount that will be required to pay the interest on the ...
• 35.89.090 Violations -- Penalties -- Personal liability
  Every ordinance, resolution, order, or action of the council, board, or officer of any city or town, and every warrant or other instrument made, issued, ...
• 35.89.100 Water systems -- What included
  The term "water system" as used in this chapter shall include and be applicable to all reservoirs, storage and clarifying tanks, conduits, mains, laterals, pipes, ...

Last modified: April 7, 2009