Washington Code 35.89.050 – Water redemption fund — Sources
Current as of: 2023 | Check for updates
|
Other versions
Every city and town shall have power to regulate and control the use and price of water supplied through a water system taken over from a local improvement district.
Terms Used In Washington Code 35.89.050
- water system: as used in this chapter shall include and be applicable to all reservoirs, storage and clarifying tanks, conduits, mains, laterals, pipes, hydrants and other equipment used or constructed for the purpose of supplying water for public or domestic use, and shall include not only water systems constructed by local improvement districts, but also any system with which the same may be incorporated or connected. See Washington Code 35.89.100
It shall establish such rates and charges for the water as shall be sufficient after providing for the operation and maintenance of the system to provide for the payment of the water redemption bonds at maturity and of interest thereon as it matures, and such portion shall be included in and collected as a part of the charges made by such city or town for water supplied through such water system and such portion shall be paid into the water redemption fund.
[ 1965 c 7 § 35.89.050. Prior: 1923 c 52 § 5; RRS § 9154-5.]