Bonds issued under RCW 43.99G.010 are
subject to the following conditions and limitations:
(1) General obligation bonds of the state of Washington in the
sum of thirty-eight million fifty-four thousand dollars, or so much
thereof as may be required, shall be issued for the purpose of
providing funds for grants and loans to local governments and
subdivisions of the state for capital projects through the
community economic revitalization board and for the department of
general administration, military department, parks and recreation
commission, and department of corrections to acquire real property
and perform capital projects which consist of the planning,
designing, constructing, remodeling, repairing, furnishing, and
equipping of state buildings, structures, utilities, roads,
grounds, lands, and waters, and to provide for the administrative
cost of such projects, including costs of bond issuance and
retirement, salaries and related costs of officials and employees
of the state, costs of insurance or credit enhancement agreements,
and other expenses incidental to the administration of capital
projects. The proceeds from the sale of the bonds issued for the
purposes of this subsection shall be deposited in the state
building construction account, shall be used exclusively for the
purposes specified in this subsection and for the payment of
expenses incurred in the issuance and sale of the bonds issued for
the purposes of this subsection, and shall be administered by the
department of general administration, subject to legislative
appropriation.
(2) General obligation bonds of the state of Washington in the
sum of four million six hundred thirty-five thousand dollars, or so
much thereof as may be required, shall be issued for the purpose of
providing funds for the planning, design, acquisition,
construction, and improvement of a Washington state agricultural
trade center, and to provide for the administrative cost of such
projects, including costs of bond issuance and retirement, salaries
and related costs of officials and employees of the state, costs of
insurance or credit enhancement agreements, and other expenses
incidental to the administration of capital projects. The proceeds
from the sale of the bonds issued for the purposes of this
subsection shall be deposited in the state building construction
account, shall be used exclusively for the purposes specified in
this subsection and for the payment of expenses incurred in the
issuance and sale of the bonds issued for the purposes of this
subsection, and shall be administered as provided in the capital
budget acts, subject to legislative appropriation.
(3) General obligation bonds of the state of Washington in the
sum of twenty-five million dollars, or so much thereof as may be
required, shall be issued for the purpose of providing funds for
the department of social and health services and the department of
corrections to perform capital projects which consist of the
planning, designing, constructing, remodeling, repairing,
furnishing, and equipping of state buildings, structures,
utilities, roads, and grounds, and to provide for the
administrative cost of such projects, including costs of bond
issuance and retirement, salaries and related costs of officials
and employees of the state, costs of insurance or credit
enhancement agreements, and other expenses incidental to the
administration of capital projects. The proceeds from the sale of
the bonds issued for the purposes of this subsection shall be
deposited in the social and health services construction account,
shall be used exclusively for the purposes specified in this
subsection and for the payment of expenses incurred in the issuance
and sale of the bonds issued for the purposes of this subsection,
and shall be administered by the department of social and health
services, subject to legislative appropriation.
(4) General obligation bonds of the state of Washington in the
sum of one million dollars, or so much thereof as may be required,
shall be issued for the purpose of providing funds for the
*department of fisheries to acquire real property and perform
capital projects which consist of the planning, designing,
constructing, remodeling, repairing, furnishing, and equipping of
state buildings, structures, utilities, roads, grounds, lands, and
waters, and to provide for the administrative cost of such
projects, including costs of bond issuance and retirement, salaries
and related costs of officials and employees of the state, costs of
insurance or credit enhancement agreements, and other expenses
incidental to the administration of capital projects. The proceeds
from the sale of the bonds issued for the purposes of this
subsection shall be deposited in the fisheries capital projects
account, shall be used exclusively for the purposes specified in
this subsection and for the payment of expenses incurred in the
issuance and sale of the bonds issued for the purposes of this
subsection, and shall be administered by the department of
fisheries, subject to legislative appropriation.
(5) General obligation bonds of the state of Washington in
the sum of fifty-three million dollars, or so much thereof as may
be required, shall be issued for the purpose of providing funds for
state agencies and the institutions of higher education, including
the community colleges, to perform capital renewal projects which
consist of the planning, designing, constructing, remodeling,
repairing, furnishing, and equipping of state buildings,
structures, utilities, roads, grounds, lands, and waters, and to
provide for the administrative cost of such projects, including
costs of bond issuance and retirement, salaries and related costs
of officials and employees of the state, costs of insurance or
credit enhancement agreements, and other expenses incidental to the
administration of capital projects. The proceeds from the sale of
the bonds issued for the purposes of this subsection shall be
deposited in the state facilities renewal account hereby created in
the state treasury, shall be used exclusively for the purposes
specified in this subsection and for the payment of expenses
incurred in the issuance and sale of the bonds issued for the
purposes of this subsection, and shall be administered as provided
in the capital budget acts, subject to legislative appropriation.
(6) General obligation bonds of the state of Washington in
the sum of twenty-two million dollars, or so much thereof as may be
required, shall be issued for the purpose of providing funds for
the University of Washington and the state community colleges to
perform capital projects which consist of the planning, designing,
constructing, remodeling, repairing, improving, furnishing, and
equipping of state buildings, structures, utilities, roads,
grounds, and lands, and to provide for the administrative cost of
such projects, including costs of bond issuance and retirement,
salaries and related costs of officials and employees of the state,
costs of insurance or credit enhancement agreements, and other
expenses incidental to the administration of capital projects. The
proceeds from the sale of the bonds issued for the purposes of this
subsection shall be deposited in the higher education reimbursable
short-term bond account hereby created in the state treasury, shall
be used exclusively for the purposes specified in this subsection
and for the payment of expenses incurred in the issuance and sale
of the bonds issued for the purposes of this subsection, and shall
be administered by the University of Washington, subject to
legislative appropriation.
(7) General obligation bonds of the state of Washington in
the sum of twenty-eight million dollars, or so much thereof as may
be required, shall be issued for the purpose of providing funds for
the institutions of higher education to perform capital projects
which consist of the planning, designing, constructing, remodeling,
repairing, furnishing, and equipping of state buildings,
structures, utilities, roads, grounds, and lands, and to provide
for the administrative cost of such projects, including costs of
bond issuance and retirement, salaries and related costs of
officials and employees of the state, costs of insurance or credit
enhancement agreements, and other expenses incidental to the
administration of capital projects. The proceeds from the sale of
the bonds issued for the purposes of this subsection shall be
deposited in the higher education construction account, shall be
used exclusively for the purposes specified in this subsection and
for the payment of expenses incurred in the issuance and sale of
the bonds issued for the purposes of this subsection, and shall be
administered by Washington State University, subject to legislative
appropriation.
(8) General obligation bonds of the state of Washington in
the sum of seventy-five million dollars, or so much thereof as may
be required, shall be issued for the purpose of providing funds for
the institutions of higher education, including facilities for the
community college system, to perform capital projects which consist
of the planning, designing, constructing, remodeling, repairing,
furnishing, and equipping of state buildings, structures,
utilities, roads, grounds, and lands, and to provide for the
administrative cost of such projects, including costs of bond
issuance and retirement, salaries and related costs of officials
and employees of the state, costs of insurance or credit
enhancement agreements, and other expenses incidental to the
administration of capital projects. The proceeds from the sale of
the bonds issued for the purposes of this subsection, together with
all grants, donations, transferred funds, and all other moneys
which the state finance committee may direct the state treasurer to
deposit therein, shall be deposited in the state higher education
construction account in the state treasury and shall be used
exclusively for the purposes specified in this subsection and for
the payment of expenses incurred in the issuance and sale of the
bonds issued for the purposes of this subsection.
[1989 1st ex.s. c 14 § 13; 1988 c 36 § 22; 1986 c 103 § 1; 1985 ex.s. c 4 § 2.]
NOTES:
*Reviser's note: Powers, duties, and functions of the department of fisheries and the department of wildlife were transferred to the department of fish and wildlife by 1993 sp.s. c 2, effective July 1, 1994.
Severability -- Effective dates -- 1989 1st ex.s. c 14: See RCW 43.99H.900 and 43.99H.901.