Other LanguagesIn establishing the principal amounts of annual maturities for advance refunding bonds issued to refund voted general obligation bonds, under RCW 39.53.090, the issuer may increase the principal amount of any maturity above the level of the corresponding maturity of the issue to be refunded where the combined estimated principal and interest requirements for such maturity year of the refunding bonds, including such increased principal amount, will not exceed the combined principal and interest requirements for the corresponding maturity year of the bonds being refunded, and such maturity of the refunding bonds may be further increased in order to round it out to the nearest $5,000.
(1) Bond proceeds derived from the issuance and sale of "Washington Futures" bonds for waste disposal, water supply and health and social service facilities may be used to finance the development of comprehensive plans for the purpose of identifying state‑wide [[statewide]]needs for specific purposes; likewise they may be used to finance project feasibility studies related to a particular local problem or condition for which such facilities may be proposed as a solution, and finally they may be used to fund the preparation of a functional plan by a local entity to identify the need for a specific capital project.
1. The log patrol act as amended by the 1953 legislature is applicable to the waters of the Columbia river forming a common boundary between the states of Washington and Oregon. 2. A log patrolman in the state of Oregon but not licensed in the state of Washington may not operate in waters of the Columbia river which forms a common boundary between Washington and Oregon. 3. Whether a log patrol association is an agent of an owner of logs such that it may operate without a log patrol license depends upon factual information concerning its methods of organization and operation not provided in your question. 4. A licensed log patrolman may not own and operate his own private nonincorporated boom company for the disposition of stray logs. 5. The log patrol act requires a bond from each log patrolman unless he be a bona fide agent of a licensee who is in fact in charge of the log patrol activities of the agent. 6. Advance partial or full payment to the log patrolman by the boom company for log patrol services is improper.
Revenue derived from the sale of general obligation bonds authorized by chapter 299, Laws of 1957, may be used only for construction of facilities at existing state‑operated charitable, educational and penal institutions and may not be used for the construction of a new intermediate correctional institution or the purchase of Martha Washington School for girls, Luther Burbank School for boys and Yakima Valley School at Selah. The legislature may, by two-thirds majority vote of both houses following referendum approval of the act, amend it to provide for the purchase and construction of such facilities.
(a) A legislative act permitting private corporations to construct, own, and rent housing on grounds of state institutions to employees thereof probably would be constitutional. (b) Legislation permitting rental housing for employees of state institutions such housing to be constructed from the proceeds of a bond issue, the bonds being retired from the rentals, would be constitutional. (c) Legislation pledging rentals from existing housing, for employees of state institutions, in aid of the retirement of a bond issue for new housing for the same purpose, would be constitutional. (d) Legislation providing for one bond issue for all rental housing to be constructed for employees of state institutions would be valid if the overall financing plan is constitutional.
(1) Township electorate may authorize tax levy in excess of 40 mill aggregate limitation, but not in excess of specific limitation, where purpose is retirement of bonds for capital improvements.(2) Election at town meeting is proper method for authorization of tax levy in excess of 40 mill limitation.(3) Two-thirds majority vote of electorate necessary to authorize issuance of township bonds.
A county may not issue bonds for county purposes for the full amount of five per cent and also issue county road bonds for an additional five per cent of the taxable property.
A proposition appearing on a ballot proposing a bond issue for capital purposes for a fire district which is to be retired by levies in excess of the forty mill limitation, must expressly state that the issue will be paid by tax levies in excess of the forty mill tax limitation; the proposition must also state the maximum interest which the bonds may bear.
Senate Bill repealing RCW 18.85.120 (2) eliminates the requirement of a bond as a prerequisite to the issuance of a real estate broker's, associate real estate broker's, or salesman's license, since RCW 18.85.300 does not impliedly require such a bond.