Revised Code of Washington
Chapter 36.88 - County Road Improvement Districts.
36.88.220 - Improvement bonds—Guaranty fund.

RCW 36.88.220
Improvement bonds—Guaranty fund.

All counties may establish a fund for the purpose of guaranteeing to the extent of such fund and in the manner hereinafter provided, the payment of its road improvement district bonds and warrants issued to pay for any road improvement ordered under this chapter. If the county legislative authority shall determine to establish such fund it shall be designated ". . . . . . county road improvement guaranty fund" and from moneys available for road purposes such county shall deposit annually in said guaranty fund such sums as may be necessary to establish and maintain a balance therein equal to at least five percent of the outstanding obligations guaranteed thereby and to make necessary provision in its annual budget therefor. The moneys held in the guaranty fund may be invested in accordance with the laws relating to county investments.

[ 1997 c 393 § 7; 1967 ex.s. c 145 § 63; 1963 c 4 § 36.88.220. Prior: 1959 c 134 § 2; 1951 c 192 § 22.]

Structure Revised Code of Washington

Revised Code of Washington

Title 36 - Counties

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.

36.88.062 - Formation of district—Committee or hearing officer may conduct hearings—Report to legislative authority.

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.

36.88.095 - Assessment roll—Committee or officer may conduct hearing—Recommendations to legislative authority—Appeals.

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.

36.88.240 - Improvement bonds—Repayment restricted to special funds—Remedies of bond owner—Notice of restrictions.

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.

36.88.280 - Assessment where bonds issued—Payment in cash during installment period—Duties of county treasurer—Use of funds.

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.

36.88.340 - Participation of county road fund—Arrangements with other public agencies, private utilities.

36.88.350 - Maintenance—Expense.

36.88.360 - State, county, school, municipal corporation lands—Assessment—Recipients of notices, ballots.

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.

36.88.410 - Underground electric and communication facilities, installation or conversion to—Declaration of public interest and purpose.

36.88.420 - Underground electric and communication facilities, installation or conversion to—Definitions.

36.88.430 - Underground electric and communication facilities, installation or conversion to—Powers of county relating to—Contracts—County road improvement districts—Special assessments.

36.88.440 - Underground electric and communication facilities, installation or conversion to—Contracts with electric and communication utilities—Authorized—Provisions.

36.88.450 - Underground electric and communication facilities, installation or conversion to—Notice to owners to convert service lines to underground—Objections—Hearing—Time limitation for conversion.

36.88.460 - Underground electric and communication facilities, installation or conversion to—Utility conversion guaranty fund—Establishment authorized—Purpose—Deposits—Investments.

36.88.470 - Underground electric and communication facilities, installation or conversion to—Utility conversion guaranty fund—Operation.

36.88.480 - Underground electric and communication facilities, installation or conversion to—Applicability of general provisions relating to county road improvement districts.

36.88.485 - Underground electric and communication facilities, installation or conversion to—Recording of underground utility installations.

36.88.900 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.