43.99G.160 - General obligation bonds authorized.

General obligation bonds authorized.

For the purpose of providing funds for the Columbia river basin water supply development program, the state finance committee is authorized to issue general obligation bonds of the state of Washington in the sum of two hundred million dollars, or as much thereof as may be required, to finance the 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.

[2006 c 167 § 201.]

Notes: Reviser's note: 2006 c 167 § 502 directed that "sections 201 through 206 of this act" be codified as a new chapter in Title 43 RCW. "Sections 201 through 206 of this act" have been codified in chapter 43.99G RCW, concerning bonds for capital projects, under the subchapter heading "2006 Bond Issue for the Columbia River Basin Water Supply Development Program."