Title 87, Title 87 IRRIGATION
16 chapters · 399 sections in this title.
RCW 87.28.005 "County treasurer," "treasurer of the county," defined.
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As used in this chapter, in accordance with RCW 87.03.440, the term "county treasurer" or "treasurer of the county" or other reference to that office means the treasurer of the district, if the district has designated its own treasurer, unless the context clearly requires otherwi…
RCW 87.28.010 Revenue bonds authorized.
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The board of directors of any irrigation district in this state which is furnishing or may furnish irrigation water, domestic water, electric power, drainage or sewerage services for which rates or tolls and charges are imposed or contract payments made, or any combination of suc…
RCW 87.28.015 Interest bearing warrants authorized—Form, covenants, issuance and sale.
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Irrigation districts may also issue interest bearing warrants to provide interim financing pending the issuance of district revenue bonds. The items, form and content, and the manner of the issuance and sale of such interest bearing warrants as well as any covenants for the redem…
RCW 87.28.020 Form and terms of bonds.
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(1) Said bonds shall be in such form as the board of directors shall determine; shall be in bearer form or registered as to principal or interest or both as provided in RCW 39.46.030, and may provide for conversion between registered and coupon bonds; shall be in such denominatio…
RCW 87.28.030 Bonds payable only from special funds—Lien on revenues.
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The board of directors of the issuing district shall have authority and is required to create a special fund or funds to be carried in said county treasurer's office for the account of the district for the sole purpose of paying the interest and principal of such bonds. The board…
RCW 87.28.035 Determining amount payable into special funds.
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In creating such special fund or funds the board of directors of the district shall have due regard for the cost of the operation and maintenance of the district system required by the district to furnish said irrigation water, domestic water, electric power, drainage, or sewer s…
RCW 87.28.040 Bonds do not constitute general debt of district.
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Any such bonds, and interest thereon, issued against a special fund as herein provided shall be a valid claim of the owner thereof only as against said special fund or funds and its fixed proportion or amount of the revenue pledged to such fund or funds and shall not constitute a…
RCW 87.28.070 Sale of bonds.
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(1) Such revenue bonds shall be sold in such manner as the board of directors shall deem for the best interests of the irrigation district, either at public or at private sale and at any price and at any rate or rates of interest, but if the board of directors shall dispose of sa…
RCW 87.28.090 Board to set rates to provide necessary revenues.
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The board of directors of any irrigation district issuing such revenue bonds shall provide for revenues by fixing rates and charges for furnishing the service involved as the board shall deem necessary, in the manner provided by law and as fixed by resolution, the total revenues …
RCW 87.28.100 Fixed share of revenues must be paid into special fund.
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When a special fund has been created and bonds have been issued as herein provided, the fixed proportion or amount of the revenues pledged to the payment of the bonds and interest shall be set aside and paid into the special fund monthly as collected, as provided in the resolutio…
RCW 87.28.103 Election on proposed bond issue—Exception.
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When the directors of the district have decided to issue revenue bonds as herein provided, they shall call a special election in the irrigation district at which election shall be submitted to the electors thereof possessing the qualifications prescribed by law the question wheth…
RCW 87.28.108 Payment of bonds—Covenants for securing authorized—Scope.
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The board of directors may make such covenants as it may deem necessary to secure and guarantee the payment of the principal of and interest on revenue bonds of the district, including but not being limited to covenants for: The establishment and maintenance of adequate reserves …
RCW 87.28.110 Payment of bonds.
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Said county treasurer shall have authority to pay said bonds and any appurtenant coupons in accordance with their terms from any moneys on hand in said special fund and when said bonds with interest have been fully paid, any moneys remaining in the fund shall be transferred to th…
RCW 87.28.120 Objects executed by resolution—Determining legality of proceedings.
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The board of directors of the issuing district shall have full authority by resolution to carry out the objects of this chapter in accordance with the provisions hereof and the same shall be liberally construed. The court shall have full jurisdiction under the irrigation district…
RCW 87.28.150 Refunding revenue bonds authorized—Revenue bond redemption fund established—Use.
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The board of directors of any irrigation district may, by resolution, without submitting the matter to the voters of the district, provide for the issuance of refunding revenue bonds to refund one or more of the following: Outstanding assessment bonds, revenue bonds, contracts wi…
RCW 87.28.200 Utility local improvement districts—Authorized—Special assessments—Limitations.
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Any irrigation district shall have the power to establish utility local improvement districts within its territory and to levy special assessments within such utility local improvement districts in the same manner as provided for irrigation district local improvement districts: P…
RCW 87.28.210 Utility local improvement districts—Conversion of local improvement districts to.
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The board of directors of any irrigation district may by resolution convert any then existing local improvement district into a utility local improvement district at any time prior to the adoption of a resolution approving and confirming the initial assessment roll of such local …