43.99C.015 - General obligation bonds -- Authorized -- Issuance, sale, terms -- Appropriation required. - Washington Statutes

General obligation bonds — Authorized — Issuance, sale, terms — Appropriation required.

For the purpose of financing the planning, acquisition, construction, renovation, improvement, and equipping of regional and community facilities for the care, training, and rehabilitation of persons with sensory, physical, or mental handicaps, the state finance committee is authorized to issue and sell general obligation bonds of the state of Washington in the sum of twenty-five million dollars, or so much thereof as may be required, to finance these projects and all costs incidental thereto. No bonds or bond anticipation notes authorized by this chapter shall be offered for sale without prior legislative appropriation and the bonds shall be paid and discharged within thirty years of the date of issuance in accordance with Article VIII, section 1 of the state Constitution.

[1979 ex.s. c 221 § 2.]

Notes: Severability -- Referral to electorate -- 1979 ex.s. c 221: See notes following RCW 43.99C.010.