RCW 36.88.160
District fund—Purposes—Bond redemptions.
All moneys collected by the treasurer upon any assessments under this chapter shall be kept as a separate fund to be known as ". . . . . ., county road improvement district No. . . . . fund." Such funds shall be used for no other purpose than the payment of costs and expense of construction and improvement in such district and the payment of interest or principal of warrants and bonds drawn or issued upon or against said fund for said purposes. Whenever after payment of the costs and expenses of the improvement there shall be available in the local improvement district fund a sum, over and above the amount necessary to meet the interest payments next accruing on outstanding bonds, sufficient to retire one or more outstanding bonds the treasurer shall forthwith call such bond or bonds for redemption as determined in the bond authorizing ordinance.
[ 2003 c 139 § 3; 1963 c 4 § 36.88.160. Prior: 1951 c 192 § 16.]
NOTES:
Effective date—2003 c 139: See note following RCW 35.45.180.
Structure Revised Code of Washington
Chapter 36.88 - County Road Improvement Districts.
36.88.010 - Districts authorized—Purposes.
36.88.015 - Additional purposes.
36.88.020 - Formation of district—How initiated.
36.88.030 - Formation of district—By resolution of intention—Procedure.
36.88.035 - Notice must contain statement that assessments may vary from estimates.
36.88.040 - Formation of district—By resolution of intention—Election—Rules.
36.88.050 - Formation of district—By petition—Procedure.
36.88.060 - Formation of district—Hearing—Resolution creating district.
36.88.065 - Formation of district—Alternative method.
36.88.070 - Diagram only preliminary determination.
36.88.072 - Waivers of protest—Recording—Limits on enforceability.
36.88.074 - Preformation expenditures.
36.88.076 - Credits for other assessments.
36.88.078 - Assessment reimbursement accounts.
36.88.080 - Property included in district—Method of assessment—Assessment limited by benefit.
36.88.085 - Exemption of farm and agricultural land from special benefit assessments.
36.88.090 - Assessment roll—Hearing—Notice—Objections—New hearing.
36.88.100 - Appeal—Reassessment.
36.88.110 - Assessment roll—Conclusive.
36.88.120 - Assessment is lien on property—Superiority.
36.88.130 - County treasurer—Duties.
36.88.140 - Payment of assessment—Delinquent assessments—Penalties—Lien foreclosure.
36.88.145 - Property donations—Credit against assessments.
36.88.150 - Payment of assessment—Record of.
36.88.160 - District fund—Purposes—Bond redemptions.
36.88.170 - Foreclosed property—Held in trust for district.
36.88.180 - Foreclosed property—Sale or lease—Disposition of proceeds.
36.88.190 - Improvement bonds, warrants authorized.
36.88.200 - Improvement bonds—Form, contents, execution.
36.88.210 - Improvement bonds—Issuance—Sale—Deposit of proceeds.
36.88.220 - Improvement bonds—Guaranty fund.
36.88.230 - Improvement bonds—Guaranty fund in certain counties—Operation.
36.88.235 - Improvement bonds—Guaranty fund assets may be transferred to county general fund—When.
36.88.250 - Improvement bonds—Remedies of bond owners—Enforcement.
36.88.260 - Assessment where bonds issued—Payment in installments.
36.88.270 - Assessment where bonds issued—Payment in cash—Notice of assessment.
36.88.290 - Limitation of actions.
36.88.295 - Refunding bonds—Limitations.
36.88.300 - District costs and expenses—What to include.
36.88.305 - District costs and expenses—Credit or reduction of assessments.
36.88.310 - Acquisition of property—Eminent domain.
36.88.320 - Construction or improvement—Supervision—Contracts—Standards.
36.88.330 - Warrants—Issuance—Priority—Acceptance.
36.88.350 - Maintenance—Expense.
36.88.370 - Signatures on petitions, ballots, objections—Determining sufficiency.
36.88.375 - Consolidated road improvement districts—Establishment—Bonds.
36.88.380 - Safeguarding open canals or ditches—Assessments and benefits.
36.88.390 - Safeguarding open canals or ditches—Authority.
36.88.400 - Safeguarding open canals or ditches—Installation and construction—Costs.
36.88.900 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.