The proceeds of any bonds heretofore or hereafter issued in conformity with the authority of this chapter, together with interest and premiums thereon, and any revenues used to pay or redeem any of such bonds, together with interest and any premiums thereon, shall be separate trust funds and used only for the purposes permitted herein and shall not be considered to be money of the municipality. The services of the treasurer of a municipality, if such treasurer is or has been used, were and are intended to be for the administrative convenience of receipt and payment of nonpublic moneys only for which reasonable compensation may be charged by such treasurer or municipality.
[ 1975 c 6 § 2. Formerly RCW 70.95A.045.]

NOTES:

Port districts—Pollution control facilities or other industrial development—Validation: RCW 53.08.041.

Terms Used In Washington Code 70A.210.060

  • facilities: shall mean any land, building, structure, machinery, system, fixture, appurtenance, equipment or any combination thereof, or any interest therein, and all real and personal properties deemed necessary in connection therewith whether or not now in existence, which is used or to be used by any person, corporation or municipality in furtherance of the purpose of abating, controlling or preventing pollution;
Washington Code 70A.210.020
  • Municipality: shall mean any city, town, county, port district, or water-sewer district in the state; and
    • Washington Code 70A.210.020
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