§ 36.100.050. Ad valorem property tax
(1) A public facilities district may levy an ad valorem property tax, in excess of the one percent limitation, upon the property within the district for a one-year period to be used for operating or capital purposes whenever authorized by the voters of the district pursuant to RCW 84.52.052 and Article VII, section 2(a) of the state Constitution.
(2) A public facilities district may provide for the retirement of voter-approved general obligation bonds, issued for capital purposes only, by levying bond retirement ad valorem property tax levies, in excess of the one percent limitation, whenever authorized by the voters of the district pursuant to Article VII, section 2(b) of the state Constitution and RCW 84.52.056.
[1988 ex.s. c 1 § 15.]
Sections: Previous 36.100.010 36.100.020 36.100.030 36.100.035 36.100.036 36.100.037 36.100.040 36.100.050 36.100.060 36.100.070 36.100.080 36.100.090 36.100.100 36.100.110 36.100.120 NextLast modified: April 7, 2009