Washington § 35.45.040 Bonds—Sale of.

Washington Statutes

§ 35.45.040 — Bonds—Sale of.

Washington § 35.45.040

Title 35CITIES AND TOWNS

Ch. 35.45LOCAL IMPROVEMENTS—BONDS AND WARRANTS

This text of Washington § 35.45.040 (Bonds—Sale of.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 35.45.040 (2026).

Text

(1)Local improvement bonds may be issued to the contractor or sold by the officers authorized by the ordinance directing their issue to do so, in the manner prescribed therein at the price established by the legislative authority of the city or town. Any portion of the bonds of any issue remaining unsold may be issued to the contractor constructing the improvement in payment thereof. The proceeds of all sales of bonds shall be applied in payment of the cost and expense of the improvement.

(2)Notwithstanding subsection (1) of this section, such bonds may be sold in accordance with chapter 39.46 RCW. Liberal construction — Severability — 1983 c 167: See RCW 39.46.010 and note following.

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(1) Local improvement bonds may be issued to the contractor or sold by the officers authorized by the ordinance directing their issue to do so, in the manner prescribed therein at the price established by the legislative authority of the city or town. Any portion of the bonds of any issue remaining unsold may be issued to the contractor constructing the improvement in payment thereof.

The proceeds of all sales of bonds shall be applied in payment of the cost and expense of the improvement.

(2) Notwithstanding subsection (1) of this section, such bonds may be sold in accordance with chapter 39.46 RCW.

Liberal construction — Severability — 1983 c 167: See RCW 39.46.010 and note following.

Legislative History

[1983 c 167 s 42;1981 c 323 s 2;1965 c 7 s 35.45.040. Prior: (i) 1911 c 98 s 46, part;1899 c 124 s 1; RRS s 9399, part. (ii)1911 c 98 s 48;1899 c 124 s 3; RRS s 9401.]