reglab/housing_qa huggingface dataset:
WA Rev Code § 35.45.160 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.45 - Local Improvements—Bonds and Warrants.|35.45.160 - Consolidated local improvement districts—Authorized—Purpose.

RCW 35.45.160 Consolidated local improvement districts—Authorized—Purpose.For the purpose of issuing bonds only, the governing body of any municipality may authorize the establishment of consolidated local improvement districts. The local improvements within such consolidated districts need not be adjoining, vicinal or neighboring. If the governing body orders the creation of such consolidated local improvement districts, the moneys received from the installment payment of the principal of and interest on assessments levied within original local assessment districts shall be deposited in a consolidated local improvement district bond redemption fund to be used to redeem outstanding consolidated local improvement district bonds.[ 1967 ex.s. c 44 § 3.]
WA Rev Code § 35.45.170 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.45 - Local Improvements—Bonds and Warrants.|35.45.170 - Refunding bonds—Limitations.

RCW 35.45.170 Refunding bonds—Limitations.The legislative authority of any city or town may issue and sell bonds to refund outstanding local improvement district or consolidated local improvement district bonds issued after June 7, 1984, on the earliest date such outstanding bonds may be redeemed following the date of issuance of such refunding bonds. Such refunding shall be subject to the following:(1) The refunding shall result in a net interest cost savings after paying the costs and expenses of the refunding, and the principal amount of the refunding bonds may not exceed the principal balance of the assessment roll or rolls pledged to pay the bonds being refunded at the time of the refunding.(2) The refunding bonds shall be paid from the same local improvement fund or bond redemption fund as the bonds being refunded.(3) The costs and expenses of the refunding shall be paid from the proceeds of the refunding bonds, or the same local improvement district fund or bond redemption fund for the bonds being refunded, except the city or town may advance such costs and expenses to such fund pending the receipt of assessment payments available to reimburse such advances.(4) The last maturity of the refunding bonds shall be no later than one year after the last maturity of bonds being refunded.(5) The refunding bonds may be exchanged for the bonds being refunded or may be sold in the same manner permitted at the time of sale for local improvement district bonds.(6) All other provisions of law applicable to the refunded bonds shall apply to the refunding bonds.[ 1984 c 186 § 66.]NOTES:Purpose—1984 c 186: See note following RCW 39.46.110.
WA Rev Code § 35.45.180 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.45 - Local Improvements—Bonds and Warrants.|35.45.180 - Transfer from general fund to local improvement fund authorized—Ordinance.

RCW 35.45.180 Transfer from general fund to local improvement fund authorized—Ordinance.Any city or town, when authorized by ordinance, may transfer permanently or temporarily, money from its general fund, or from any other municipal fund as its council shall specify in that ordinance, to its local improvement guaranty fund or any of its local improvement funds to be used for the purposes of these local improvement funds, including the payment of bonds, interest coupons, warrants, or other short-term obligations. The powers granted by this section are to be exercised at the discretion of a council when found to be in the public interest, but money transferred by means of these powers shall not be pledged to the payment of any local improvement district obligations.[ 2003 c 139 § 1.]NOTES:Effective date—2003 c 139: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately [May 7, 2003]." [ 2003 c 139 § 4.]
WA Rev Code § 35.47.010 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.47 - Local Improvements—Procedure for Cancellation of Nonguaranteed Bonds.|35.47.010 - Distribution of moneys in local improvement funds to holders of bonds and warrants—Notice—Time limitation—Abandonment and transfer to general fund.

RCW 35.47.010 Distribution of moneys in local improvement funds to holders of bonds and warrants—Notice—Time limitation—Abandonment and transfer to general fund.Any city or town having any outstanding and unpaid local improvement bonds or warrants issued in connection with a local improvement therein to which the local guaranty fund law is not applicable and that have been delinquent for more than fifteen years, by ordinance, may direct that the money, if any, remaining in a given local improvement fund for which no real property is held in trust shall be distributed by the city or town on a pro rata basis, without any reference to numerical order, to the holders of outstanding bonds or warrants for each such fund, excluding the accrued interest thereon. If the outstanding bonds or warrants are not presented for payment within one year after the last date of publication of notice provided for herein, the money being held in the local improvement fund of a city or town shall be deemed abandoned, and shall be transferred to the city or town general fund: PROVIDED, That the city or town shall publish a notice once each week for two successive weeks in the official newspaper of the city or town in which it is indicated that L.I.D. bonds for . . . . . . L.I.D. improvement Nos. . . . . to . . . . inclusive must be presented to the city or town for payment not later than one year from this date or the money being held in the local improvement fund of the city or town shall be transferred to the city or town general fund.[ 1985 c 469 § 31; 1965 ex.s. c 6 § 1.]
WA Rev Code § 35.47.020 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.47 - Local Improvements—Procedure for Cancellation of Nonguaranteed Bonds.|35.47.020 - Declaration of obsolescence and cancellation upon distribution of moneys, untimely presentment, or lack of money in local improvement fund.

RCW 35.47.020 Declaration of obsolescence and cancellation upon distribution of moneys, untimely presentment, or lack of money in local improvement fund.After the city or town having said bonds or warrants referred to in RCW 35.47.010 has distributed the money in a local improvement district fund in accordance with RCW 35.47.010, or such bonds or warrants are not presented for payment within one year after the last date of publication of notice provided for in RCW 35.47.010, such city or town may, by ordinance, declare such bonds and warrants, without any reference to numerical order, to be obsolete, cancel the same, and terminate all accounting thereon, and clear such bonds and warrants off their records including any unguaranteed bonds or warrants outstanding against districts in which there remains no money in the given local improvement fund.[ 1965 ex.s. c 6 § 2.]
WA Rev Code § 35.47.030 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.47 - Local Improvements—Procedure for Cancellation of Nonguaranteed Bonds.|35.47.030 - Cancellation procedure where no money in local improvement fund.

RCW 35.47.030 Cancellation procedure where no money in local improvement fund.If the bonds or warrants outstanding against a district are unguaranteed and if there remains no money in the appropriate local improvement fund to pay them, and if no real property is held in trust for the fund, the city or town shall give notice in the same manner as provided in RCW 35.47.010, stating that L.I.D. . . . . . . (bonds or warrants) for . . . . . . L.I.D. improvement Nos. . . . . to . . . . inclusive will be canceled as provided in RCW 35.47.020, unless such bonds or warrants are presented to the city or town within one year from the date of last publication of the notice, together with good cause shown as to why such cancellation should not take place. If such bonds or warrants are not presented, with good cause shown, within one year after the last date of publication of such notice, they may be canceled as provided in RCW 35.47.020.[ 1965 ex.s. c 6 § 3.]
WA Rev Code § 35.47.040 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.47 - Local Improvements—Procedure for Cancellation of Nonguaranteed Bonds.|35.47.040 - Action under RCW 35.47.010 through 35.47.030 unaffected by chapter 35.48 RCW or other law.

RCW 35.47.040 Action under RCW 35.47.010 through 35.47.030 unaffected by chapter 35.48 RCW or other law.Nothing in chapter 35.48 RCW or other existing law to the contrary shall preclude the action authorized herein.[ 1965 ex.s. c 6 § 4.]
WA Rev Code § 35.48.010 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.48 - Local Improvements—Nonguaranteed Bonds.|35.48.010 - Special revolving fund for delinquent nonguaranteed bonds and warrants—Composition.

RCW 35.48.010 Special revolving fund for delinquent nonguaranteed bonds and warrants—Composition.If any city or town has issued bonds or warrants payable from a local improvement or condemnation award fund, to which the local improvement guaranty fund law is not applicable, and if the assessment, or last installment thereof, against which the bonds or warrants were issued has been delinquent not more than thirty-two years, the city or town may create a special revolving fund and may provide moneys therefor by general tax levy, if the levy, together with other levies made or authorized by such city or town, will not exceed the levy which is legally allowed; or such city or town may place in said fund or advance or loan to said fund any money which it is not prohibited by law from advancing, loaning to or placing in said fund.[ 1965 c 7 § 35.48.010. Prior: 1961 c 46 § 1; 1943 c 244 § 2; Rem. Supp. 1943 § 9351-11.]NOTES:Purpose—1943 c 244: "WHEREAS, there are many millions of dollars of delinquent and unpaid local improvement district and condemnation award bonds and warrants issued by various cities of the state and not protected by the Local Improvement Guaranty Fund, only a small part of which for the present at least can be paid and many of which will never be paid because of inability of property owners to pay the special assessments levied to provide funds for payment thereof and the depreciated value of the real estate which is the only security provided by present law from which payment of the assessments may be enforced; and, WHEREAS, the cities are not legally liable under existing law for payment of such bonds and warrants except as there are moneys available in the special fund from which the same are payable; and, WHEREAS, such cities and its citizens as a whole have derived benefit from the improvements installed with the proceeds or as a result of the issuance of such bonds and warrants; and, WHEREAS, the nonpayment of such unpaid and delinquent bonds and warrants not only causes great hardship and suffering on those who have invested money in such bonds and warrants, but also reflects discredit on the financial structure of the various cities involved, to the detriment of the cities as a whole and also the entire state; NOW, THEREFORE, this law is enacted to enable cities to provide some relief from the hardship imposed by such conditions." [ 1943 c 244 § 1.]
WA Rev Code § 35.48.020 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.48 - Local Improvements—Nonguaranteed Bonds.|35.48.020 - Use of revolving fund—Maximum bond price.

RCW 35.48.020 Use of revolving fund—Maximum bond price.Any moneys in such revolving fund may be used for the purchase of unpaid delinquent local improvement warrants, or bonds and interest payments, or bonds and interest coupons thereon, issued by the city or town, payable from a local improvement district fund or condemnation award fund, to which the local improvement guaranty fund law is not applicable, if the assessment, or last installment thereof, against which the bonds or warrants have been issued, has been delinquent not more than thirty-two years. The maximum purchase price to be paid for said bonds or warrants shall be fixed by the municipality, and may from time to time be changed but shall never exceed fifty percent of the face value of the bonds, interest payments, interest coupons, or warrants: PROVIDED, That no warrants shall be issued payable from the revolving fund unless there is sufficient cash in said fund available for payment of such warrants.[ 1983 c 167 § 45; 1965 c 7 § 35.48.020. Prior: 1961 c 46 § 2; 1943 c 244 § 3; Rem. Supp. 1943 § 9351-12.]NOTES:Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.
WA Rev Code § 35.48.030 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.48 - Local Improvements—Nonguaranteed Bonds.|35.48.030 - Subrogation—Refund of surplus.

RCW 35.48.030 Subrogation—Refund of surplus.The purchase of any such bonds or warrants shall not relieve the local improvement or condemnation award fund from which the same are payable from liability for payment of the same, but the city or town upon purchase thereof shall become subrogated to all the rights of the former owners thereof and may proceed to enforcement of said bonds or warrants as any owner thereof might do. The city or town may sell any property acquired by it in such proceedings upon such terms and for such prices as it sees fit, or it may resell any of the bonds or warrants for such prices as it shall fix.Any excess in any local improvement district fund or condemnation award fund which will average a payment of one dollar to each payer into said fund shall, after payment, retirement, or cancellation of all bonds or warrants payable from said fund, be refunded and paid to the payers into the fund in the proportion that their respective assessments bear to the entire original assessment levied for such improvement, and any unpaid assessments, or portion thereof, shall be reduced in the same proportion. Any proceeds derived from the sale of any bonds or warrants, or from the sale of real estate, shall be placed in the revolving fund.[ 1965 c 7 § 35.48.030. Prior: 1943 c 244 § 4; Rem. Supp. 1943 § 9351-13.]
WA Rev Code § 35.48.040 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.48 - Local Improvements—Nonguaranteed Bonds.|35.48.040 - Refund to revolving fund.

RCW 35.48.040 Refund to revolving fund.If there are funds in any local improvement district fund or condemnation award fund sufficient to pay or retire any bond or warrant issued and payable from said fund, and the city or town is the owner and holder of the bond or warrant next payable from the fund, the city or town treasurer shall from the moneys in the local improvement or condemnation award fund place in the revolving fund a sum of money equivalent to the amount paid by the city or town for such bond or warrant and shall thereupon cancel, mark paid and remove from said revolving fund such bond or warrant.[ 1965 c 7 § 35.48.040. Prior: 1943 c 244 § 5; Rem. Supp. 1943 § 9351-14.]
WA Rev Code § 35.48.050 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.48 - Local Improvements—Nonguaranteed Bonds.|35.48.050 - Purchase of warrants on previous funds—Transfer of assets to revolving fund—Disposition.

RCW 35.48.050 Purchase of warrants on previous funds—Transfer of assets to revolving fund—Disposition.Whenever a city or town has heretofore by ordinance created a fund for use in purchasing delinquent local improvement or condemnation award bonds or warrants not protected by the local improvement guaranty fund law, and has purchased any such bonds or warrants and issued warrants payable from said fund, which warrants are unpaid because of lack of funds and have remained unpaid for a period of less than thirty-two years from date of issue thereof, the city or town may use any funds available in the revolving fund to purchase said warrants at such price as it may determine, but in no event at more than fifty percent of the face value, without interest.Whenever all such warrants have been purchased or paid, the city or town may transfer to the revolving fund any bonds, warrants or other assets belonging to said fund first above mentioned, and thereafter such bonds, warrants or other assets shall be held and disposed of for the benefit of said revolving fund in the same manner as other funds and assets therein: PROVIDED, That nothing contained in this chapter shall legalize any warrants heretofore issued or render any city or town liable thereunder.[ 1965 c 7 § 35.48.050. Prior: 1961 c 46 § 3; 1943 c 244 § 6; Rem. Supp. 1943 § 9351-15.]
WA Rev Code § 35.48.060 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.48 - Local Improvements—Nonguaranteed Bonds.|35.48.060 - Procedure governed by ordinance.

RCW 35.48.060 Procedure governed by ordinance.All actions of a city or town respecting the purchase of bonds and warrants or sales of bonds, warrants or assets of the revolving fund shall be as directed by general or special ordinance.[ 1965 c 7 § 35.48.060. Prior: 1943 c 244 § 7; Rem. Supp. 1943 § 9351-16.]
WA Rev Code § 35.49.020 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.49 - Local Improvements—Collection of Assessments.|35.49.020 - Installments—Number—Due date.

RCW 35.49.020 Installments—Number—Due date.In all cases where bonds are issued to pay the cost and expense of a local improvement, the ordinance levying the assessments shall provide that the sum charged against any lot, tract, and parcel of land or other property, or any portion thereof, may be paid during the thirty day period allowed for the payment of assessments without penalty or interest and that thereafter the sum remaining unpaid may be paid in equal annual principal installments or in equal annual installments of principal and interest. The number of installments shall be less by two than the number of years which the bonds issued to pay for the improvement are to run. The estimated interest rate may be stated in the ordinance confirming the assessment roll. Where payment is required in equal annual principal installments, interest on the whole amount unpaid at the rate fixed by the ordinance authorizing the issuance and sale of the bonds shall be due on the due date of the first installment of principal and each year thereafter on the due date of each installment of principal: PROVIDED, That the legislative authority of any city or town having made a bond issue payable on or before twenty-two years after the date of issue may provide by ordinance that all assessments and portions of assessments unpaid after the thirty day period allowed for payment of assessments without penalty or interest may be paid in ten equal installments beginning with the eleventh year and ending with the twentieth year from the expiration of said thirty day period, together with interest on the unpaid installments at the rate fixed by such ordinance, and that in each year after the said thirty day period, to and including the tenth year thereafter, one installment of interest on the principal sum of the assessment at the rate so fixed shall be paid and collected, and that beginning with the eleventh year after the thirty day period one installment of the principal, together with the interest due thereon, and on all installments thereafter to become due shall be paid and collected.[ 1982 c 96 § 1; 1981 c 323 § 5; 1969 ex.s. c 258 § 14; 1965 c 7 § 35.49.020. Prior: 1925 ex.s. c 117 § 1; 1915 c 168 § 5; 1911 c 98 § 49; 1899 c 124 § 4; RRS § 9402.]
WA Rev Code § 35.49.030 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.49 - Local Improvements—Collection of Assessments.|35.49.030 - Ordinance to prescribe time of payment—Interest—Penalties.

RCW 35.49.030 Ordinance to prescribe time of payment—Interest—Penalties.Every city and town shall prescribe by ordinance within what time assessments or installments thereof shall be paid, and shall provide for the payment and collection of interest thereon at a rate as shall be fixed by the legislative body of the city or town. Assessments or installments thereof, when delinquent, in addition to such interest, shall bear such penalty not less than five percent as shall be by general ordinance prescribed.[ 1971 ex.s. c 116 § 5; 1969 ex.s. c 258 § 15; 1965 c 7 § 35.49.030. Prior: 1955 c 353 § 3; prior: 1927 c 275 § 1, part; 1921 c 92 § 1, part; 1911 c 98 § 24, part; RRS § 9376, part.]
WA Rev Code § 35.49.040 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.49 - Local Improvements—Collection of Assessments.|35.49.040 - Payment without interest or penalty.

RCW 35.49.040 Payment without interest or penalty.The owner of any lot, tract, or parcel of land or other property charged with local improvement assessment may redeem it from all or any portion thereof by paying to the city or town treasurer all or any portion thereof without interest within thirty days after the first publication by the treasurer of notice that the assessment roll is in his or her hands for collection.[ 2009 c 549 § 2086; 1965 c 7 § 35.49.040. Prior: 1911 c 98 § 50, part; RRS § 9403, part.]
WA Rev Code § 35.49.050 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.49 - Local Improvements—Collection of Assessments.|35.49.050 - Prepayment of installments subsequently due.

RCW 35.49.050 Prepayment of installments subsequently due.The owner of any lot, tract, or parcel of land or other property charged with a local improvement assessment may redeem it from all liability for the unpaid amount of the assessment at any time after the thirty day period allowed for payment of assessments without penalty or interest by paying the entire installments of the assessment remaining unpaid to the city or town treasurer with interest thereon to the date of maturity of the installment next falling due.[ 1965 c 7 § 35.49.050. Prior: 1911 c 98 § 50, part; RRS § 9403, part.]
WA Rev Code § 35.49.060 (2021)
2021 Revised Code of Washington|Title 35 - Cities and Towns|Chapter 35.49 - Local Improvements—Collection of Assessments.|35.49.060 - Payment by city or town.

RCW 35.49.060 Payment by city or town.On or before the fifteenth day of August of each year, the city or town treasurer shall certify to the city or town council a detailed statement showing:(1) The proceedings authorizing and confirming any local improvement assessments or utility local improvement assessments affecting city or town property,(2) The lots, tracts, or parcels of lands of the city or town so assessed,(3) The several assessments against each,(4) The interest, penalties, and charges thereon,(5) The penalties and charges which will accrue upon the assessments to the date of payment, and(6) The total of all such assessments, interest, penalty, and charges.The longest outstanding liens shall be paid first, but if the money in the "city (or town) property assessments redemption fund" is insufficient at any time to discharge all such liens against the lands of the city or town upon a given assessment roll, the city or town treasurer may pay such portion thereof as may be possible from the funds available.If deemed necessary, the city or town council may transfer money from the general fund to the redemption fund as a loan to be repaid when the money is available for repayment.[ 1967 c 52 § 14; 1965 c 7 § 35.49.060. Prior: 1929 c 183 § 2, part; 1909 c 130 § 2; RRS § 9345, part.]NOTES:Construction—Severability—1967 c 52: See notes following RCW 35.43.042.