RCW 35.67.120
Revenue bond fund—Authority to establish.
After the city or town legislative body adopts a proposition for any such public utility, and either (1) no general indebtedness has been authorized, or (2) the city or town legislative body does not desire to incur a general indebtedness, and the legislative body can lawfully proceed without submitting the proposition to a vote of the people, it may create a special fund or funds for the sole purpose of defraying the cost of the proposed system, or additions, betterments or extensions thereto.
The city or town legislative body may obligate the city or town to set aside and pay into this special fund: (1) A fixed proportion of the gross revenues of the system, or (2) a fixed amount out of and not exceeding a fixed proportion of the gross revenues, or (3) a fixed amount without regard to any fixed proportion, and (4) amounts received from any utility local improvement district assessments pledged to secure such bonds.
[ 1967 c 52 § 24; 1965 c 7 § 35.67.120. Prior: 1941 c 193 § 4, part; Rem. Supp. 1941 § 9354-7, part.]
NOTES:
Alternative authority to issue revenue bonds: RCW 39.46.150, 39.46.160.
Funds for reserve purposes may be included in issue amount: RCW 39.44.140.
Structure Revised Code of Washington
Chapter 35.67 - Sewerage Systems—Refuse Collection and Disposal.
35.67.010 - Definitions—"System of sewerage," "public utility."
35.67.022 - Extension outside city subject to review by boundary review board.
35.67.025 - Public property subject to rates and charges for stormwater control facilities.
35.67.030 - Adoption of plan—Ordinance.
35.67.065 - General obligation bonds—Issuance.
35.67.110 - General obligation bonds—Payment—Revenue from service charges.
35.67.120 - Revenue bond fund—Authority to establish.
35.67.130 - Revenue bond fund—Limitations upon creation.
35.67.140 - Revenue bonds—Authority—Denominations—Terms.
35.67.150 - Revenue bonds—Signatures—Form.
35.67.160 - Revenue bonds—Obligation against fund, not city.
35.67.170 - Revenue bonds—Sale of—Other disposition.
35.67.180 - Revenue bonds—Remedy of owners.
35.67.190 - Revenues from system—Classification of services—Minimum rates—Compulsory use.
35.67.194 - Revenue bonds validated.
35.67.200 - Sewerage lien—Authority.
35.67.210 - Sewerage lien—Extent—Notice—Emergency declaration.
35.67.215 - Sewerage lien—Extension of coverage.
35.67.220 - Sewerage lien foreclosure—Parts—Tracts.
35.67.230 - Sewerage lien foreclosure—Limitation on time of commencement.
35.67.240 - Sewerage lien foreclosure—Procedure.
35.67.250 - Sewerage lien foreclosure—Trial.
35.67.260 - Sewerage lien foreclosure—Redemption.
35.67.270 - Sewerage sale acquired property—Disposition.
35.67.280 - Sewerage sale acquired property—Payment of delinquent taxes.
35.67.290 - Sewerage lien—Enforcement—Alternative method.
35.67.300 - Water-sewer districts and municipalities—Joint agreements.
35.67.310 - Sewers—Outside city connections.
35.67.331 - Water, sewerage, garbage systems—Combined facilities.
35.67.340 - Statutes governing combined facility.
35.67.350 - Penalty for sewer connection without permission.
35.67.360 - Conservation of stormwater and sewer services—Use of public moneys.
35.67.370 - Mobile home parks—Replacement of septic systems—Charges for unused sewer service.