SB 5581 - DIGEST

Provides that, if the board of commissioners of a water-sewer district find it more conducive to the public health, safety, welfare, or convenience that water-sewer services be provided by a cooperative or mutual association or corporation organized under Title 24 RCW or chapter 23.86 RCW, the board may adopt a resolution calling for disincorporation of the district and the transfer to such association or corporation of all the property constituting its system of sewerage, system of water, or combined water and sewerage system, together with any of its other real or personal property used or useful in connection with the operation, maintenance, repair, or replacement of that system, and the association or corporation may acquire such property on such terms as may be mutually agreed upon by the association or corporation and the board of commissioners.