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 |
FILED
March 13, 1996 - 1:17 p.m. |
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MIKE LOWRY Governor of the State of Washington |
Secretary of State State of Washington |
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HOUSE BILL 2726
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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.
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.