No general obligation bonds of any county, port district, or metropolitan park district upon which a vote of the people is required under existing laws shall be issued, nor shall they become a lien upon the taxable property within such county or district unless, in addition to all other requirements provided by law in the matter of the issuance of general obligation bonds by such county or district, the total vote cast upon such proposition shall exceed forty percent of the total number of voters voting in such county or district at the general county or state election next preceding such bond election.

NOTES:

Exceeding debt limitation by municipalities: State Constitution Art. 8 § 6 (Amendment 27).
Vote required for excess levy to retire bonds issued for capital purposes: RCW 84.52.056.

Terms Used In Washington Code 39.40.010

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.