AGO Opinion Topics: EXECUTION CONDITIONAL SALES CONTRACT WITHOUT APPROVAL VOTERS

A school district may enter into a conditional sales contract, pursuant to chapter 62, Laws of 1965 (RCW 28.58.550), without approval of the voters of the district so long as the contract price, added to existing debt within that class of debt which, under Article VIII, § 6, and RCW 39.36.020, may be incurred without voter approval does not exceed one and one‑half percent of the assessed value of the taxable property in the district.