Washington Code 36.89.042 – Issuance of general obligation bonds — Payment from revenue — Additional method
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In issuing general obligation bonds at any time after February 20, 1970 for the purpose of providing all or part of the cost and expense of planning and design, establishing, acquiring, developing, constructing or improving the county capital purposes authorized by this chapter and RCW 86.12.020, the board of county commissioners may provide that such bonds also be made payable from any otherwise unpledged revenue which may be derived from the ownership or operation of any such properties or facilities.
Terms Used In Washington Code 36.89.042
- county: as used in this chapter shall mean any county of the state of Washington. See Washington Code 36.89.010
- county commissioners: when used in this title or any other provision of law shall include the governmental authority empowered to so act under the provisions of a charter adopted by any county of the state. See Washington Code 36.32.005
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.