Washington Code 35.67.065 – General obligation bonds — Issuance
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General obligation bonds issued by a city or town to pay for all or part of the costs of purchasing, acquiring, or constructing any public utility mentioned in RCW 35.67.020, or the costs of making any additions, betterments, or alterations thereto, or extensions thereof, shall be issued and sold in accordance with chapter 39.46 RCW.
[ 1985 c 445 § 2.]
Terms Used In Washington Code 35.67.065
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- public utility: when used in this chapter has the same meaning as the words "system of sewerage. See Washington Code 35.67.010