Revised Code of Washington
Chapter 43.99N - Stadium and Exhibition Center Bond Issue (Referendum 48).
43.99N.070 - Sections null and void if certification not made by office of financial management—Conditions.

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

Unless *the office of financial management certifies by December 31, 1997, that the following conditions have been met, sections 201 through 208, chapter 220, Laws of 1997 are null and void:
(1) The professional football team that will use the stadium and exhibition center is at least majority-owned and controlled by, directly or indirectly, one or more persons who are each residents of the state of Washington and who have been residents of the state of Washington continuously since at least January 1, 1993;
(2) The county in which the stadium and exhibition center is to be constructed has created a public stadium authority under this chapter to acquire property, construct, own, remodel, maintain, equip, reequip, repair, and operate a stadium and exhibition center;
(3) The county in which the stadium and exhibition center is to be constructed has enacted the taxes authorized in RCW 36.38.010(5) and 36.38.040; and
(4) The county in which the stadium and exhibition center is to be constructed pledges to maintain and continue the taxes authorized in RCW 36.38.010(5), 67.28.180, and 36.38.040 until the bonds authorized in RCW 43.99N.020 are fully redeemed, both principal and interest.

[ 1997 c 220 § 215 (Referendum Bill No. 48, approved June 17, 1997).]
NOTES:

*Reviser's note: The office of financial management certified on December 3, 1997, that the conditions in subsections (1) through (4) of this section had been met.

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.