35.104.080 – Limitation on bonds issued.
RCW 35.104.080 Limitation on bonds issued. The bonds issued by a local government under RCW 35.104.070 shall not constitute an obligation of the state of Washington, either general or special. [ 2007 c 251 § 8.] NOTES: Captions not law—Severability—2007 c 251: See notes following RCW 35.104.010.
35.104.090 – Liability.
RCW 35.104.090 Liability. (1) Members of the board, as well as other persons acting on behalf of the authority, while acting within the scope of their employment or agency, shall not be subject to personal liability resulting from their official duties conferred on them under this chapter. (2) The state, the local government that created […]
35.104.100 – Dissolution of sponsoring local government.
RCW 35.104.100 Dissolution of sponsoring local government. The board may petition the sponsoring local government to be dissolved upon a showing that it has no reason to exist and that any assets it retains must be returned to the state treasurer. [ 2007 c 251 § 10.] NOTES: Captions not law—Severability—2007 c 251: See notes […]
35.104.110 – Borrowed moneys—Liability.
RCW 35.104.110 Borrowed moneys—Liability. (1) A local government that has established a health sciences and services authority under RCW 35.104.030 may, by ordinance or resolution, authorize the authority to borrow money under the conditions set forth in this section. (2) Moneys borrowed by an authority must be secured by funds derived from gifts or grants […]
35.104.070 – General indebtedness—General obligation bonds.
RCW 35.104.070 General indebtedness—General obligation bonds. (1) A local government that creates a health sciences and services authority may incur general indebtedness, and issue general obligation bonds, to finance the grants and other programs and retire the indebtedness in whole or in part from the funds distributed pursuant to RCW 82.14.480 and subject to the […]
35.104.010 – Purpose.
RCW 35.104.010 Purpose. The health sciences and services program is created to promote bioscience-based economic development and advance new therapies and procedures to combat disease and promote public health. [ 2007 c 251 § 2.] NOTES: Captions not law—2007 c 251: “Captions used in this act are not any part of the law.” [ 2007 […]
35.104.020 – Definitions.
RCW 35.104.020 Definitions. The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) “Authority” means a health sciences and services authority created pursuant to this chapter. (2) “Board” means the governing board of trustees of an authority. (3) “Director” means the executive director of the student achievement council. (4) […]
35.104.030 – Creation.
RCW 35.104.030 Creation. A local government must establish by ordinance or resolution an authority. At a minimum, the ordinance must: (1) Specify the powers to be exercised by the authority; (2) Reserve the local government’s right to dissolve the authority after its contractual responsibilities have expired; (3) Establish an administrative board, including: (a) The number […]
35.104.040 – Applications.
RCW 35.104.040 Applications. (1) The student achievement council may approve applications submitted by local governments for an area’s designation as a health sciences and services authority under this chapter. The director must determine the division to review applications submitted by local governments under this chapter. The application for designation must be in the form and […]
35.104.050 – Governing board.
RCW 35.104.050 Governing board. (1) An authority shall be overseen by a board with not more than fourteen members. The authority board shall select the chair. Board members must have some experience with the mission of the authority. The board members shall be appointed as follows: (a) The governor shall appoint three members; (b) The […]