Washington § 39.104.120 Use of tax revenue for bond repayment.

Washington Statutes

§ 39.104.120 — Use of tax revenue for bond repayment.

Washington § 39.104.120

Title 39PUBLIC CONTRACTS AND INDEBTEDNESS

Ch. 39.104LOCAL REVITALIZATION FINANCING

This text of Washington § 39.104.120 (Use of tax revenue for bond repayment.) 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 § 39.104.120 (2026).

Text

A sponsoring local government that issues bonds under RCW 39.104.110 to finance public improvements may pledge for the payment of such bonds all or part of any local property tax allocation revenues derived from the public improvements. The sponsoring local government may also pledge all or part of any revenues derived from taxes imposed under RCW 82.14.510 and held in connection with the public improvements. All of such tax revenues are subject to the use restriction in RCW 82.14.515 .

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A sponsoring local government that issues bonds under RCW 39.104.110 to finance public improvements may pledge for the payment of such bonds all or part of any local property tax allocation revenues derived from the public improvements. The sponsoring local government may also pledge all or part of any revenues derived from taxes imposed under RCW 82.14.510 and held in connection with the public improvements. All of such tax revenues are subject to the use restriction in RCW 82.14.515 .