RCW 47.10.819
Issuance and sale of general obligation bonds.
In order to provide funds necessary for the location, design, right-of-way, and construction of selected interstate and other highway improvements, there shall be issued and sold upon the request of the secretary of the department of transportation a total of one hundred million dollars of general obligation bonds of the state of Washington for the following purposes and specified sums:
(1) Not to exceed twenty-five million dollars to pay the state's and local governments' share of matching funds for the ten demonstration projects identified in the Intermodal Surface Transportation Efficiency Act of 1991.
(2) Not to exceed fifty million dollars to temporarily pay the regular federal share of construction in advance of federal-aid apportionments as authorized by this section.
(3) Not to exceed twenty-five million dollars for loans to local governments to provide the required matching funds to take advantage of available federal funds. These loans shall be on such terms and conditions as determined by the secretary of the department of transportation, but in no event may the loans be for a period of more than ten years. The interest rate on the loans authorized under this subsection shall be equal to the interest rate on the bonds sold for such purposes.
[ 2006 c 334 § 37; 1993 c 432 § 1.]
NOTES:
Effective date—2006 c 334: See note following RCW 47.01.051.
Structure Revised Code of Washington
Title 47 - Public Highways and Transportation
Chapter 47.10 - Highway Construction Bonds.
47.10.790 - Issuance and sale of general obligation bonds—State route 90 improvements.
47.10.791 - Administration and amount of bond sales.
47.10.792 - Bond proceeds—Deposit and use.
47.10.793 - Statement of general obligation—Pledge of excise taxes.
47.10.794 - Designation of funds to repay bonds and interest.
47.10.795 - Repayment procedure—Bond retirement fund.
47.10.796 - Sums in excess of retirement requirements—Use.
47.10.797 - Bonds legal investment for state funds.
47.10.798 - Bonds equal charge against fuel tax revenues.
47.10.799 - Appropriation—Expenditure limited to bond sale proceeds.
47.10.801 - Issuance and sale of general obligation bonds.
47.10.802 - Administration and amount of bond sales.
47.10.803 - Bond proceeds—Deposit and use.
47.10.804 - Statement of general obligation—Pledge of excise taxes.
47.10.805 - Designation of funds to repay bonds and interest.
47.10.806 - Repayment procedure—Bond retirement fund.
47.10.807 - Sums in excess of retirement requirements—Use.
47.10.808 - Bonds legal investment for state funds.
47.10.809 - Bonds equal charge against fuel tax revenues.
47.10.812 - Issuance and sale of general obligation bonds.
47.10.813 - Administration and amount of sale.
47.10.814 - Proceeds—Deposit and use.
47.10.815 - Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
47.10.816 - Designation of funds to repay bonds and interest.
47.10.819 - Issuance and sale of general obligation bonds.
47.10.820 - Administration and amount of sale.
47.10.821 - Proceeds—Deposit and use.
47.10.822 - Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
47.10.823 - Designation of funds to repay bonds and interest.
47.10.834 - Issuance and sale of general obligation bonds.
47.10.835 - Administration and amount of sale.
47.10.836 - Proceeds—Deposit and use.
47.10.837 - Designation of funds to repay bonds and interest.
47.10.838 - Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
47.10.839 - Repayment procedure—Bond retirement fund.
47.10.843 - Bond issue authorized.
47.10.844 - Administration and amount of sale.
47.10.845 - Proceeds—Deposit and use.
47.10.846 - Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
47.10.847 - Repayment procedure—Bond retirement fund.
47.10.861 - Bond issue authorized.
47.10.862 - Administration and amount of sale.
47.10.863 - Proceeds—Deposit and use.
47.10.864 - Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
47.10.865 - Repayment procedure—Bond retirement fund.
47.10.867 - Bond issue authorized—Appropriation of proceeds.
47.10.868 - Proceeds—Deposit and use.
47.10.869 - Repayment procedure.
47.10.870 - Statement of general obligation—Transfer and payment of funds.
47.10.871 - Additional repayment means.
47.10.873 - Bond issue authorized.
47.10.874 - Administration and amount of sale.
47.10.875 - Proceeds—Deposit and use.
47.10.876 - Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
47.10.877 - Repayment procedure—Bond retirement fund.
47.10.879 - Bond issue authorized.
47.10.880 - Administration and amount of sale.
47.10.881 - Proceeds—Deposit and use.
47.10.883 - Statement of general obligation—Pledge of toll revenue and excise taxes.
47.10.884 - Repayment procedure.
47.10.886 - Toll revenue bonds.
47.10.889 - Bond issue authorized.
47.10.890 - Administration and amount of sale.
47.10.891 - Proceeds—Deposit and use.
47.10.892 - Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
47.10.893 - Repayment procedure—Bond retirement fund.
47.10.894 - Equal charge against fuel excise taxes and vehicle-related fees.
47.10.896 - Bond issue authorized.
47.10.897 - Administration and amount of sale.
47.10.898 - Proceeds—Deposit and use.
47.10.900 - Repayment procedure.
47.10.901 - Equal charge against fuel excise taxes and vehicle-related fees.
47.10.905 - Toll facility bond retirement account.
47.10.908 - Definitions applicable to chapter 103, Laws of 2022.