§ 87.22.230. Assessments -- Limitations
No tract of land shall be assessed by the district during the life of the proposed bonds when issued for the purpose of paying the principal of or interest on said bonds in an aggregate amount in excess of double the amount determined in the decree fixing maximum benefits under subdivision (1) of RCW 87.22.040, together with the interest on the principal computed at the rates specified in the bond, and any assessment in excess thereof shall be void. In addition to its regular normal assessment for the principal or interest of said bonds, no tract of land shall be assessed in any one year to make up past or anticipated delinquencies of assessments or both levied or to be levied against the lands in the district for said purposes, in excess of fifty percent of its regular normal assessment for said bonds.
[1931 c 42 § 4; 1929 c 120 § 31; RRS § 7530-31.]
Sections: Previous 87.22.165 87.22.170 87.22.175 87.22.190 87.22.200 87.22.210 87.22.215 87.22.230 87.22.240 87.22.245 87.22.250 87.22.260 87.22.270 87.22.275 87.22.280 NextLast modified: April 7, 2009