Revised Code of Washington - RCW Title 28B Higher Education - Chapter 28B.59B 1977 Community College Capital Projects Bond Act

• 28B.59B.010 Purpose -- Bonds authorized -- Amount -- Conditions
  For the purpose of financing the construction, reconstruction, erection, equipping, maintenance, demolition and major alteration of buildings and other capital assets owned by the *state ...
• 28B.59B.020 Bond anticipation notes -- Authorized -- Bond proceeds to apply to payment on
  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.59B.030 Form, terms, conditions, sale, redemption and covenants of bonds and notes -- Pledge of state's credit
  The state finance committee is authorized to determine the aggregate amounts, dates, form, terms, conditions, denominations, interest rates, maturities, rights and manner of redemption prior ...
• 28B.59B.040 Disposition of proceeds from sale of bonds and notes
  The proceeds from the sale of the bonds and/or bond anticipation notes authorized in this chapter, together with all grants, donations, transferred funds and all ...
• 28B.59B.050 Administration of proceeds from bonds and notes
  Subject to legislative appropriation, all principal proceeds of the bonds and/or bond anticipation notes authorized in this chapter shall be administered by the college board ...
• 28B.59B.060 Payment of the principal and interest on bonds and notes
  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.59B.070 Moneys to be transferred from community college account to state general fund
  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.59B.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.59B.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 anticipated general ...

Last modified: April 7, 2009