54.24.090 – Funding, refunding revenue obligations.
RCW 54.24.090 Funding, refunding revenue obligations. Whenever any district shall have outstanding any utility revenue obligations, the commission shall have power by resolution to provide for the issuance of funding or refunding revenue obligations with which to take up and refund such outstanding revenue obligations or any part thereof at the maturity thereof or before […]
54.24.100 – Execution of revenue obligations—Signatures.
RCW 54.24.100 Execution of revenue obligations—Signatures. (1) All revenue obligations, including funding and refunding revenue obligations, shall be executed in such manner as the commission may determine: PROVIDED, That warrants may be signed as provided in RCW 54.24.010. Any interest coupons attached to any revenue obligations may be executed with facsimile or lithographed signatures, or […]
54.24.110 – Laws and resolutions as contract.
RCW 54.24.110 Laws and resolutions as contract. The provisions of chapter 182, Laws of 1941 and the provisions of chapter 1, Laws of 1931, not hereby superseded, and of any resolution or resolutions providing for the issuance of any revenue obligations as herein set forth shall constitute a contract with the holder or holders of […]
54.24.120 – Obligations as lawful securities and investments.
RCW 54.24.120 Obligations as lawful securities and investments. All bonds, warrants, and revenue obligations issued under the authority of chapter 1, Laws of 1931 and chapter 182, Laws of 1941 shall be legal securities, which may be used by any bank or trust company for deposit with the state treasurer, or any county, city, or […]
54.24.060 – Sale, delivery of revenue obligations.
RCW 54.24.060 Sale, delivery of revenue obligations. (1) Such utility revenue obligations shall be sold and delivered in such manner, at such rate or rates of interest and for such price or prices and at such time or times as the commission shall deem for the best interests of the district. The commission may, if […]
54.24.070 – Prima facie validity of revenue obligations.
RCW 54.24.070 Prima facie validity of revenue obligations. The state auditor need not register, certify, nor sign revenue obligations after July 26, 1981. These obligations shall be held in every action, suit, or proceeding in which their validity is or may be brought into question prima facie valid and binding obligations of the districts in […]
54.24.080 – Rates and charges—Waiver of connection charges for low-income persons.
RCW 54.24.080 Rates and charges—Waiver of connection charges for low-income persons. (1) The commission of each district which shall have revenue obligations outstanding shall have the power and shall be required to establish, maintain, and collect rates or charges for electric energy and water and other services, facilities, and commodities sold, furnished, or supplied by […]
54.24.020 – General obligation bonds, revenue obligations for cost of utilities.
RCW 54.24.020 General obligation bonds, revenue obligations for cost of utilities. Whenever the commission of a public utility district, organized pursuant to chapter 1 of the Laws of 1931 (sections 11605 et seq. of Remington’s Revised Statutes) shall deem it advisable that the district purchase, purchase and condemn, acquire or construct any public utility, or […]
54.24.030 – Revenue obligations—Special fund—Form, term, payment, etc.—Resolution of authority, contents—Contracts for future sale.
RCW 54.24.030 Revenue obligations—Special fund—Form, term, payment, etc.—Resolution of authority, contents—Contracts for future sale. (1) Whenever the commission shall deem it advisable to issue revenue obligations for the purpose of defraying the cost or part of the cost of such public utility or any additions or betterments thereto or extensions thereof, it shall have power […]
54.24.040 – Considerations in creating special fund—Status of claims against fund—When lien attaches.
RCW 54.24.040 Considerations in creating special fund—Status of claims against fund—When lien attaches. In creating any special fund for the payment of revenue obligations, the commission shall have due regard to the cost of operation and maintenance of the plant or system constructed or added to, and to any proportion or amount of the revenues […]