S-4707.1  _______________________________________________

                         SENATE BILL 6712

          _______________________________________________

State of Washington      54th Legislature     1996 Regular Session

By Senator Haugen

Read first time 01/25/96.  Referred to Committee on Government Operations.

Authorizing assessments to pay obligations for improvements in local improvement districts.

    AN ACT Relating to local government; and adding new sections to chapter 35.51 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  A new section is added to chapter 35.51 RCW to read as follows:

    Assessments for local improvements in a local improvement district created by a municipality may be pledged and applied when collected to the payment of its obligations under a loan agreement entered into pursuant to chapter 39.69 RCW to pay costs of improvements in such local improvement district.

NEW SECTION. Sec. 2.  A new section is added to chapter 35.51 RCW to read as follows:

    The authority granted by section 1 of this act is supplemental and in addition to the authority granted by Title 35 RCW and to any other authority granted to cities, towns, or municipal corporations to levy special assessments.

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