RCW 39.34.210
Watershed management partnerships—Indebtedness—Bonds.
Where a watershed management partnership formed under the authority of RCW 39.34.200 establishes a separate legal entity to conduct the cooperating undertaking of the partnership, such legal entity is authorized for the purpose of carrying out such undertaking to contract indebtedness and to issue and sell general obligation bonds pursuant to and in the manner provided for general county bonds in chapters 36.67 and 39.46 RCW and other applicable statutes, and to issue revenue bonds pursuant to and in the manner provided for revenue bonds in chapter 36.67 RCW and other applicable statutes. The joint board established by the partnership agreement shall perform the functions referenced in chapter 36.67 RCW to be performed by the county legislative authority in the case of county bonds.
[ 2003 c 327 § 6.]
NOTES:
Finding—Intent—2003 c 327: See note following RCW 39.34.190.
Structure Revised Code of Washington
Title 39 - Public Contracts and Indebtedness
Chapter 39.34 - Interlocal Cooperation Act.
39.34.010 - Declaration of purpose.
39.34.050 - Duty to submit agreement to jurisdictional state officer or agency.
39.34.055 - Public purchase agreements with public benefit nonprofit corporations.
39.34.070 - Authority of joint boards to receive loans or grants.
39.34.085 - Agreements for operation of bus services.
39.34.090 - Agencies' contracting authority regarding electricity, utilities' powers, preserved.
39.34.100 - Powers conferred by chapter are supplemental.
39.34.110 - Powers otherwise prohibited by Constitutions or federal laws.
39.34.150 - Transactions between state agencies—Advancements.
39.34.170 - Transactions between state agencies—Powers and authority cumulative.
39.34.180 - Criminal justice responsibilities—Interlocal agreements—Termination.
39.34.190 - Watershed management plan projects—Use of water-related revenues.
39.34.200 - Watershed management partnerships—Formation.
39.34.210 - Watershed management partnerships—Indebtedness—Bonds.
39.34.215 - Watershed management partnerships—Eminent domain authority.