2013 Revised Code of Washington
Title 36 - COUNTIES
36.54 Ferries -- County owned.
36.54.135 County ferry districts--General indebtedness, bond issuance.
RCW 36.54.135 County ferry districts — General indebtedness, bond issuance.
(1) A county ferry district may incur general indebtedness, and issue general obligation bonds, to finance the construction, purchase, and preservation of passenger-only ferries and associated terminals and retire the indebtedness in whole or in part from the revenues received from the tax levy authorized in RCW 36.54.130.
(2) The ordinance adopted by the county legislative authority creating the county ferry district and authorizing the use of revenues received from the tax levy authorized in RCW 36.54.130 must indicate an intent to incur this indebtedness and the maximum amount of this indebtedness that is contemplated.
[2007 c 223 § 7.]
Notes:
| Effective date -- 2007 c 223: See note following RCW 36.57A.220.
|
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
