Revised Code of Washington - RCW Title 28B Higher Education - Chapter 28B.59 1976 Community College Capital Projects Bond Act

• 28B.59.010 Purpose -- "Community college capital projects" defined
  The legislature has approved by its appropriation of funds from time to time, capital projects for the state community colleges, which appropriations have been funded ...
• 28B.59.020 Amount of general obligation bonds authorized
  For the purpose of financing the community college capital projects as determined by the legislature in its capital appropriation act, chapter 133, Laws of 1975-'76 ...
• 28B.59.030 Bond anticipation notes, authorized, payment -- Form, term, conditions, sale and covenants of bonds and notes
  When the state finance committee has determined to issue such general obligation bonds, or a portion thereof, it may, pending the issuance thereof, issue in ...
• 28B.59.040 Disposition of proceeds from sale of bonds and notes
  Except for that portion of the proceeds required to pay bond anticipation notes pursuant to RCW 28B.59.030, the proceeds from the sale of the bonds ...
• 28B.59.050 Administration of the proceeds from bonds and notes
  Subject to legislative appropriation, all proceeds of the bonds authorized in this chapter shall be administered by the college board exclusively for the purposes specified ...
• 28B.59.060 Payment of the principal and interest on bonds
  The 1975 community college capital construction bond retirement fund in the state treasury shall be used for the purpose of the payment of the principal ...
• 28B.59.070 Moneys to be transferred from community college account to state general fund -- Limitation
  On or before June 30th of each year, the college board shall accumulate in the community college capital projects account from building fees and other ...
• 28B.59.080 Bonds as legal investment for public funds
  The bonds authorized in this chapter shall constitute a legal investment for all state funds or for funds under state control and all funds of ...
• 28B.59.090 Prerequisite to bond issuance
  The bonds authorized in this chapter shall be issued only after the college board has certified to the state finance committee that its projected building ...

Last modified: April 7, 2009