Revised Code of Washington
Chapter 28A.525 - Bond Issues.
28A.525.310 - Proceeds from voter-approved bonds, voter-approved levies, and other funding—Use for installment purchase contracts and leases with options to purchase.

RCW 28A.525.310
Proceeds from voter-approved bonds, voter-approved levies, and other funding—Use for installment purchase contracts and leases with options to purchase.

The board of directors of any school district may use the proceeds of voter-approved bonds, voter-approved levies, state allocations for financial assistance, or other funds available to the district for: (1) Payment of an installment purchase contract for school plant facilities; or (2) payments under any financing lease the term of which is ten years or longer and that contains an option by the school district to purchase the leased property for nominal consideration. The authority granted by this section for the use of moneys from such sources is in addition to, and not in limitation of, any other authority provided by law, and the proceeds of voter-approved bonds or tax levies may be used for such payments to the full extent allowed by Article VII, section 2 of the state Constitution.

[ 1999 c 386 § 2.]

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Structure Revised Code of Washington

Revised Code of Washington

Title 28A - Common School Provisions

Chapter 28A.525 - Bond Issues.

28A.525.010 - Statement of intent.

28A.525.020 - Duties of superintendent of public instruction.

28A.525.025 - School facilities citizen advisory panel—Membership—Travel expenses—Technical advisory group.

28A.525.030 - Modernization of existing school facilities.

28A.525.040 - Portable buildings or classrooms.

28A.525.050 - Applications for aid—Recommendations.

28A.525.055 - Eligibility for state assistance for new construction—Inventory assessment exclusions—Rules.

28A.525.060 - Manual—Contents—Preparation and revision.

28A.525.070 - Development of school building programs—Assistance of superintendent of public instruction.

28A.525.080 - Federal funds for school plant facilities—Rules.

28A.525.090 - Construction management techniques—Rules—Use—Information and training.

28A.525.095 - Condensed compliance reports—Second-class districts.

28A.525.159 - School construction assistance grants for small school districts and state-tribal education compact schools.

28A.525.161 - School construction assistance calculations for shared or colocated facilities—Rules.

28A.525.162 - Allotment of appropriations for school plant facilities—Local school district participation—Computing state funding assistance—Rules.

28A.525.164 - Allotment of appropriations for school plant facilities—Duties of superintendent of public instruction.

28A.525.166 - Allotment of appropriations for school plant facilities—Computation of state aid for school plant project.

28A.525.168 - Allotment of appropriations for school plant facilities—Use of taxable valuation and state funding assistance percentage in determining eligibility.

28A.525.170 - Allotment of appropriations for school plant facilities—Additional allotment authorized—Effect of allotment on future disbursements to district.

28A.525.172 - Allotment of appropriations for school plant facilities—Application by district for state assistance—Studies and surveys by the superintendent of public instruction.

28A.525.174 - Allotment of appropriations for school plant facilities—Manual, other materials to guide and provide information to district.

28A.525.176 - Allotment of appropriations for school plant facilities—Consultatory and advisory service from the superintendent of public instruction.

28A.525.178 - Allotment of appropriations for school plant facilities—Modifiable basic or standard plans for school buildings.

28A.525.180 - Allotment of appropriations for school plant facilities—Reduction of appropriation for receipt of federal funds.

28A.525.190 - Prioritizing construction of common school facilities.

28A.525.200 - Allocation and distribution of funds for school plant facilities governed by chapter.

28A.525.310 - Proceeds from voter-approved bonds, voter-approved levies, and other funding—Use for installment purchase contracts and leases with options to purchase.

28A.525.320 - School seismic safety and planning grants—Advisory committee—Prioritization.

28A.525.325 - School seismic safety grant program account.