RCW 87.28.035
Determining amount payable into special funds.
In creating such special fund or funds the board of directors of the district shall have due regard for the cost of the operation and maintenance of the district system required by the district to furnish said irrigation water, domestic water, electric power, drainage, or sewer service, as the case may be, and shall not set aside into such special fund a greater amount or proportion of the revenue of such service or services, than, in its judgment, will be available over and above such cost of maintenance and operation and the amount or proportion, if any, of the revenue previously pledged to such special fund or funds.
[ 1979 ex.s. c 185 § 11; 1949 c 57 § 4; Rem. Supp. 1949 § 7434-13. Formerly RCW 87.28.080.]
NOTES:
Effective date—Severability—1979 ex.s. c 185: See notes following RCW 87.03.013.
Structure Revised Code of Washington
Chapter 87.28 - Revenue Bonds for Water, Power, Drains, Etc.
87.28.005 - "County treasurer," "treasurer of the county," defined.
87.28.010 - Revenue bonds authorized.
87.28.015 - Interest bearing warrants authorized—Form, covenants, issuance and sale.
87.28.020 - Form and terms of bonds.
87.28.030 - Bonds payable only from special funds—Lien on revenues.
87.28.035 - Determining amount payable into special funds.
87.28.040 - Bonds do not constitute general debt of district.
87.28.090 - Board to set rates to provide necessary revenues.
87.28.100 - Fixed share of revenues must be paid into special fund.
87.28.103 - Election on proposed bond issue—Exception.
87.28.108 - Payment of bonds—Covenants for securing authorized—Scope.
87.28.120 - Objects executed by resolution—Determining legality of proceedings.
87.28.150 - Refunding revenue bonds authorized—Revenue bond redemption fund established—Use.
87.28.200 - Utility local improvement districts—Authorized—Special assessments—Limitations.
87.28.210 - Utility local improvement districts—Conversion of local improvement districts to.