CERTIFICATION OF ENROLLMENT

 

                        HOUSE BILL 2726

 

 

                    Chapter 48, Laws of 1996

 

 

 

 

                        54th Legislature

                      1996 Regular Session

 

 

        SCHOOL BOND ELECTION RESOLUTIONS--RECODIFICATION

 

 

                    EFFECTIVE DATE:  6/6/96

Passed by the House February 8, 1996

  Yeas 96   Nays 0

 

 

 

             CLYDE BALLARD

Speaker of the

      House of Representatives

 

Passed by the Senate March 1, 1996

  Yeas 48   Nays 0

             CERTIFICATE

 

I, Timothy A. Martin, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 2726 as passed by the House of Representatives and the Senate on the dates hereon set forth.

 

 

 

            JOEL PRITCHARD

President of the Senate

          TIMOTHY A. MARTIN

                          Chief Clerk

 

 

Approved March 13, 1996 Place Style On Codes above, and Style Off Codes below. 

                                FILED          

 

 

           March 13, 1996 - 1:17 p.m.

 

 

 

              MIKE LOWRY

Governor of the State of Washington

                   Secretary of State

                  State of Washington


          _______________________________________________

 

                          HOUSE BILL 2726

          _______________________________________________

 

             Passed Legislature - 1996 Regular Session

 

State of Washington      54th Legislature     1996 Regular Session

 

By Representatives Radcliff and Blanton

 

Read first time 01/17/96.  Referred to Committee on Education.

 

Moving school bond election resolution provisions. 


    AN ACT Relating to school bond election resolutions; and amending RCW 28A.530.020 and 28A.535.020.

 

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

 

    Sec. 1.  RCW 28A.530.020 and 1990 c 33 s 478 are each amended to read as follows:

    (1) The question whether the bonds shall be issued, as provided in RCW 28A.530.010, shall be determined at an election to be held pursuant to RCW 39.36.050.  If a majority of the votes cast at such election favor the issuance of such bonds, the board of directors must issue such bonds:  PROVIDED, That if the amount of bonds to be issued, together with any outstanding indebtedness of the district that only needs a simple majority voter approval, exceeds three-eighths of one percent of the value of the taxable property in said district, as the term "value of the taxable property" is defined in RCW 39.36.015, then three-fifths of the votes cast at such election must be in favor of the issuance of such bonds, before the board of directors is authorized to issue said bonds.

    (2) The resolution adopted by the board of directors calling the election in subsection (1) of this section shall specify the purposes of the debt financing measure, including the specific buildings to be constructed or remodelled and any additional specific purposes as authorized by RCW 28A.530.010.  If the debt financing measure anticipates the receipt of state financing assistance under chapter 28A.525 RCW, the board resolution also shall describe the specific anticipated purpose of the state assistance.  If the school board subsequently determines that state or local circumstances should cause any alteration to the specific expenditures from the debt financing or of the state assistance, the board shall first conduct a public hearing to consider those circumstances and to receive public testimony.  If the board then determines that any such alterations are in the best interests of the district, it may adopt a new resolution or amend the original resolution at a public meeting held subsequent to the meeting at which public testimony was received.

 

    Sec. 2.  RCW 28A.535.020 and 1995 c 111 s 1 are each amended to read as follows:

    Whenever the board of directors of any school district shall deem it advisable to validate and ratify the indebtedness mentioned in RCW 28A.535.010, they shall provide therefor by resolution, which shall be entered on the records of such school district, which resolution shall provide for the holding of an election for the purpose of submitting the question of validating and ratifying the indebtedness so incurred to the voters of such school district for approval or disapproval, and if at such election three-fifths of the voters in such school district voting at such election shall vote in favor of the validation and ratification of such indebtedness, then such indebtedness so validated and ratified and every part thereof existing at the time of the adoption of said resolution shall thereby become and is hereby declared to be validated and ratified and a binding obligation upon such school district.  ((The resolution adopted by the board of directors shall specify the purposes of the debt financing measure, including the specific buildings to be constructed or remodelled and any additional specific purposes as authorized by RCW 28A.530.010.  If the debt financing measure anticipates the receipt of state financing assistance under chapter 28A.525 RCW, the board resolution also shall describe the specific anticipated purpose of the state assistance.  If the school board subsequently determines that state or local circumstances should cause any alteration to the specific expenditures from the debt financing or of the state assistance, the board shall first conduct a public hearing to consider those circumstances and to receive public testimony.  If the board then determines that any such alterations are in the best interests of the district, it may adopt a new resolution or amend the original resolution at a public meeting held subsequent to the meeting at which public testimony was received.))


    Passed the House February 8, 1996.

    Passed the Senate March 1, 1996.

Approved by the Governor March 13, 1996.

    Filed in Office of Secretary of State March 13, 1996.