RCW 35.56.120
Payment of cost of improvement—Interest on warrants.
If the improvement contemplated by this chapter is ordered to be made upon the immediate payment plan, the city council or commission shall provide for the payment thereof by the issuance of local improvement fund warrants against the local improvement district, which warrants shall be paid only out of the funds derived from the local assessments in the district and shall bear interest at a rate determined by the city council or commission from date of issuance. If the improvement is ordered to be made upon the bond installment plan, the city council or commission shall provide for the issuance of bonds against the improvement district.
[ 1981 c 156 § 7; 1965 c 7 § 35.56.120. Prior: 1913 c 16 § 9; RRS § 9457.]
Structure Revised Code of Washington
Chapter 35.56 - Local Improvements—Filling and Draining Lowlands—Waterways.
35.56.010 - Authority—First and second-class cities.
35.56.020 - Alternative methods of financing.
35.56.030 - Boundaries—Excepted property.
35.56.040 - Conditions precedent to passage of ordinance—Protests.
35.56.050 - Damages—Eminent domain.
35.56.060 - Estimates—Plans and specifications.
35.56.070 - Assessment roll—Items—Assessment units—Installments.
35.56.080 - Hearing on assessment roll—Notice—Council's authority.
35.56.090 - Hearing—Appellate review.
35.56.100 - Lien—Collection of assessments.
35.56.110 - Interest on assessments.
35.56.120 - Payment of cost of improvement—Interest on warrants.
35.56.130 - Local improvement bonds—Terms.
35.56.140 - Local improvement bonds—Guaranties.
35.56.150 - Local improvement bonds and warrants—Sale to pay damages—Preliminary financing.
35.56.160 - Local improvement fund—Investment.
35.56.170 - Letting contracts for improvement—Excess or deficiency of fund.
35.56.180 - Payment of contractor—Bonds—Warrants—Cash.
35.56.190 - Tax levy—General—Purposes—Limit.
35.56.200 - Waterways constructed—Requirements.
35.56.210 - Waterways constructed—Control.
35.56.220 - Waterways constructed—Leasing facilities.
35.56.230 - Waterway shoreline front—Lessee must lease abutting property.
35.56.240 - Waterways constructed—Acquisition of abutting property.
35.56.250 - Waterways—Abutting city owned lands—Lease of.
35.56.260 - Waterways—Abutting lands—Lessee must lease shoreline property.