Revised Code of Washington - RCW Title 87 Irrigation - Chapter 87.28 Revenue Bonds For Water, Power, Drains, Etc
- 87.28.005 "County treasurer," "treasurer of the county," defined
As used in this chapter, in accordance with RCW 87.03.440, the term "county treasurer" or "treasurer of the county" or other reference to that office ...
- 87.28.010 Revenue bonds authorized
The board of directors of any irrigation district in this state which is furnishing or may furnish irrigation water, domestic water, electric power, drainage or ...
- 87.28.015 Interest bearing warrants authorized -- Form, covenants, issuance and sale
Irrigation districts may also issue interest bearing warrants to provide interim financing pending the issuance of district revenue bonds. The items, form and content, and ...
- 87.28.020 Form and terms of bonds
(1) Said bonds shall be in such form as the board of directors shall determine; shall be in bearer form or registered as to principal ...
- 87.28.030 Bonds payable only from special funds -- Lien on revenues
The board of directors of the issuing district shall have authority and is required to create a special fund or funds to be carried in ...
- 87.28.035 Determining amount payable into special funds
In creating such special fund or funds the board of directors of the district shall have due regard for the cost of the operation and ...
- 87.28.040 Bonds do not constitute general debt of district
Any such bonds, and interest thereon, issued against a special fund as herein provided shall be a valid claim of the owner thereof only as ...
- 87.28.070 Sale of bonds
(1) Such revenue bonds shall be sold in such manner as the board of directors shall deem for the best interests of the irrigation district, ...
- 87.28.090 Board to set rates to provide necessary revenues
The board of directors of any irrigation district issuing such revenue bonds shall provide for revenues by fixing rates and charges for furnishing the service ...
- 87.28.100 Fixed share of revenues must be paid into special fund
When a special fund has been created and bonds have been issued as herein provided, the fixed proportion or amount of the revenues pledged to ...
- 87.28.103 Election on proposed bond issue -- Exception -- Consent of state
When the directors of the district have decided to issue revenue bonds as herein provided, they shall call a special election in the irrigation district ...
- 87.28.108 Payment of bonds -- Covenants for securing authorized -- Scope
The board of directors may make such covenants as it may deem necessary to secure and guarantee the payment of the principal of and interest ...
- 87.28.110 Payment of bonds
Said county treasurer shall have authority to pay said bonds and any appurtenant coupons in accordance with their terms from any moneys on hand in ...
- 87.28.120 Objects executed by resolution -- Determining legality of proceedings
The board of directors of the issuing district shall have full authority by resolution to carry out the objects of this chapter in accordance with ...
- 87.28.150 Refunding revenue bonds authorized -- Revenue bond redemption fund established -- Use
The board of directors of any irrigation district may, by resolution, without submitting the matter to the voters of the district, provide for the issuance ...
- 87.28.200 Utility local improvement districts -- Authorized -- Special assessments -- Limitations
Any irrigation district shall have the power to establish utility local improvement districts within its territory and to levy special assessments within such utility local ...
- 87.28.210 Utility local improvement districts -- Conversion of local improvement districts to
The board of directors of any irrigation district may by resolution convert any then existing local improvement district into a utility local improvement district at ...
Last modified: April 7, 2009