43.99G.120 - General obligation bonds authorized.

General obligation bonds authorized.

For the purpose of providing funds for the construction, reconstruction, planning, design, and other necessary costs of the various facilities defined in chapter 238, Laws of 2002, the state finance committee is authorized to issue general obligation bonds of the state of Washington in the sum of eighty-nine million seven hundred thousand dollars, or as much thereof as may be required, to finance these projects and all costs incidental thereto. Bonds authorized in this section may be sold at such price as the state finance committee shall determine. No bonds authorized in this section may be offered for sale without prior legislative appropriation of the net proceeds of the sale of the bonds.

[2002 c 240 § 1.]

Notes: Reviser's note: 2002 c 240 directed that "sections 1 through 6 of this act" be codified as a new chapter in Title 43 RCW. "Sections 1 through 6 of this act" have been codified as RCW 43.99G.120 through 43.99G.130, in the chapter dealing with bonds for capital projects.