H-60                 _______________________________________________

                                                      HOUSE BILL NO. 9

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State of Washington                              50th Legislature                              1987 Regular Session

By Representatives Haugen, L. Smith, S. Wilson and P. King

Prefiled with Chief Clerk 1/09/87.  Read first time 1/12/87 and referred to Committee on Local Government.

AN ACT Relating to public utility district accounting; and adding new sections to chapter 54.16 RCW.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 54.16 RCW to read as follows:

          A public utility district by resolution may establish a joint utility, and combined funds or accounts, for any or all of its authorized utility functions, including electrical energy systems, domestic water systems, irrigation systems, sanitary sewer systems, and storm sewer systems.  All powers granted to public utility districts to acquire, construct, maintain, and operate such systems may be exercised in the joint acquisition, construction, maintenance, and operation of such combined systems.  The establishment, maintenance, and operation of the combined system shall be governed by the public utility district statutes relating to one of the utility systems that is being combined, as specified in the resolution combining the utility systems.

NEW SECTION. Sec. 2.  A new section is added to chapter 54.16 RCW to read as follows:

          A public utility district may make and repay interfund loans between its funds.