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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Washington Revised Code Title 35. Cities and Towns § 35.45.160. Consolidated local improvement districts--Authorized--Purpose - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-35-cities-and-towns/wa-rev-code-35-45-160/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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