Revised Code of Washington Chapter 35.51 — Local Improvements—Classification of Property—Reserve Funds

Washington · statute · Wash. Rev. Code ch. 35.51 · 7 active provisions

Wash. Rev. Code § 35.51.010

Definitions

The definitions set forth in this section apply throughout this chapter.(1) "Local improvement district" means any local improvement district, local utility district, or any other similar special assessment district.(2) "Municipality" means any city, town, county, metropolitan municipal corporation, or any other munici…

WashingtonLocal Improvements—Classification of Property—Reserve Fundseffective

Wash. Rev. Code § 35.51.020

Joint planning, construction, and operation of improvements

A municipality may contract with any other municipality, with a public corporation, or with the state of Washington, for the following purposes:(1) To have the acquisition or construction of the whole or any part of an improvement performed by another municipality, by a public corporation, or by the state of Washington…

WashingtonLocal Improvements—Classification of Property—Reserve Fundseffective

Wash. Rev. Code § 35.51.030

Alternative or additional method of assessment—Classification of property

(1) As an alternative or in addition to other methods of ascertaining assessments for local improvements, the legislative authority of a municipality may develop and apply a system of classification of properties based upon some or all of the public land use restrictions or private land use restrictions to which such p…

WashingtonLocal Improvements—Classification of Property—Reserve Fundseffective

Wash. Rev. Code § 35.51.040

Reserve fund authorized—Use

For the purpose of securing the payment of the principal of and interest on an issue of local improvement bonds, notes, warrants, or other short-term obligations, the legislative authority of a municipality may create a reserve fund in an amount not exceeding fifteen percent of the principal amount of the bonds, notes,…

WashingtonLocal Improvements—Classification of Property—Reserve Fundseffective

Wash. Rev. Code § 35.51.050

Loan agreements—Assessments may be pledged

Assessments for local improvements in a local improvement district created by a municipality may be pledged and applied when collected to the payment of its obligations under a loan agreement entered into under chapter 39.69 RCW to pay costs of improvements in such a local improvement district.

WashingtonLocal Improvements—Classification of Property—Reserve Fundseffective

Wash. Rev. Code § 35.51.900

Authority supplemental—1985 c 397

The authority granted by sections 1 through 8 of this act is supplemental and in addition to the authority granted by Title 35 RCW and to any other authority granted to cities, towns, or municipal corporations to levy special assessments.

WashingtonLocal Improvements—Classification of Property—Reserve Fundseffective

Wash. Rev. Code § 35.51.9001

Authority supplemental—1997 c 426

The authority granted by RCW 35.51.050 is supplemental and in addition to the authority granted by Title 35 RCW and to any other authority granted to cities, towns, or municipal corporations to levy, pledge, and apply special assessments.

WashingtonLocal Improvements—Classification of Property—Reserve Fundseffective