Revised Code of Washington
Chapter 43.99N - Stadium and Exhibition Center Bond Issue (Referendum 48).
43.99N.040 - Stadium and exhibition center construction account.

RCW 43.99N.040
Stadium and exhibition center construction account.

The proceeds from the sale of the bonds authorized in RCW 43.99N.020 shall be deposited in the stadium and exhibition center construction account, hereby created in the custody of the state treasurer, and shall be used exclusively for the purposes specified in RCW 43.99N.020 and for the payment of expenses incurred in the issuance and sale of the bonds. These proceeds shall be administered by the office of financial management. Only the director of the office of financial management or the director's designee may authorize expenditures from the account. The account is subject to the allotment procedures under chapter 43.88 RCW, but an appropriation is not required for expenditures. At the direction of the office of financial management the state treasurer shall transfer moneys from the stadium and exhibition center construction account to the public stadium authority created in RCW 36.102.020 as required by the public stadium authority.

[ 1997 c 220 § 212 (Referendum Bill No. 48, approved June 17, 1997).]

Structure Revised Code of Washington

Revised Code of Washington

Title 43 - State Government—Executive

Chapter 43.99N - Stadium and Exhibition Center Bond Issue (Referendum 48).

43.99N.010 - Definitions.

43.99N.020 - General obligation bonds—Certifications by public stadium authority—Obligations of team affiliate.

43.99N.030 - Escrow agreement, account—Distributions.

43.99N.040 - Stadium and exhibition center construction account.

43.99N.050 - Payment of principal and interest from nondebt-limit reimbursable bond retirement account—Transfers of certified amounts—Bonds as general obligation, full faith and credit, promise to pay—Insufficiency in stadium and exhibition center ac...

43.99N.060 - Stadium and exhibition center account—Youth athletic facility account—Community outdoor athletic facility loans and grants.

43.99N.070 - Sections null and void if certification not made by office of financial management—Conditions.

43.99N.080 - Additional means for raising moneys authorized.

43.99N.090 - Bonds as legal investment.

43.99N.100 - Total public share—State contribution limited.

43.99N.120 - Loans—Terms and conditions of repayment and interest.

43.99N.130 - Bond authorization expiration.

43.99N.800 - Referendum only measure for taxes for stadium and exhibition center—Limiting legislation upon failure to approve—1997 c 220.

43.99N.801 - Legislation as opportunity for voter's decision—Not indication of legislators' personal vote on referendum proposal—1997 c 220.

43.99N.802 - Contingency—Null and void—Team affiliate's agreement for reimbursement for election—1997 c 220.

43.99N.803 - Referendum—Submittal—Explanatory statement—Voters' pamphlet—Voting procedures—Canvassing and certification—Reimbursement of counties for costs—No other elections on stadium and exhibition center—1997 c 220.