CERTIFICATION OF ENROLLMENT
HOUSE BILL 1355
Chapter 247, Laws of 1993
53rd Legislature
1993 Regular Session
METROPOLITAN PARK DISTRICT DEBT LIMIT INCREASED
EFFECTIVE DATE: 7/25/93
Passed by the House March 8, 1993 Yeas 95 Nays 2
BRIAN EBERSOLE Speaker of the House of Representatives
Passed by the Senate April 13, 1993 Yeas 37 Nays 9 |
CERTIFICATE
I, Alan Thompson, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1355 as passed by the House of Representatives and the Senate on the dates hereon set forth. |
JOEL PRITCHARD President of the Senate |
ALAN THOMPSON Chief Clerk
|
Approved May 7, 1993 |
FILED
May 7, 1993 - 11:31 a.m. |
|
|
MIKE LOWRY Governor of the State of Washington |
Secretary of State State of Washington |
_______________________________________________
HOUSE BILL 1355
_______________________________________________
State of Washington 53rd Legislature 1993 Regular Session
By Representatives R. Fisher, Brough, R. Meyers, Edmondson, H. Myers and Van Luven
Read first time 01/25/93. Referred to Committee on Local Government.
AN ACT Relating to increasing the nonvoter-approved debt limitation for metropolitan park districts; and amending RCW 35.61.100.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 35.61.100 and 1989 c 319 s 2 are each amended to read as follows:
Every metropolitan park district through its
board of commissioners may contract indebtedness and evidence such indebtedness
by the issuance and sale of warrants, short-term obligations as provided by
chapter 39.50 RCW, or general obligation bonds, for park, boulevard, aviation
landings, playgrounds, and parkway purposes, and the extension and maintenance
thereof, not exceeding, together with all other outstanding nonvoter approved general
indebtedness, ((one-eighth)) one-quarter of one percent of the
value of the taxable property in such metropolitan park district, as the term
"value of the taxable property" is defined in RCW 39.36.015. General
obligation bonds shall not be issued with a maximum term in excess of twenty
years. Such general obligation bonds shall be issued and sold in accordance
with chapter 39.46 RCW.
Passed the House March 8, 1993.
Passed the Senate April 13, 1993.
Approved by the Governor May 7, 1993.
Filed in Office of Secretary of State May 7, 1993.