State Codes and Statutes
Statutes > Washington > Title-28b > 28b-59 > 28b-59-060Payment of the principal and interest on bonds.
The 1975 community college capital construction bond retirement fund in the state treasury shall be used for the purpose of the payment of the principal of and interest on the bonds authorized to be issued pursuant to this chapter.
The state finance committee, on or before June 30th of each year, shall certify to the state treasurer the amount required in the next succeeding twelve months for the payment of the principal of and interest coming due on such bonds. On July 1st of each such year the state treasurer shall withdraw from any general state revenues received in the state treasury and deposit in the 1975 community college capital construction bond retirement fund, an amount equal to the amount certified by the state finance committee.
[1975-'76 2nd ex.s. c 107 § 6.]
Notes: Severability -- 1975-'76 2nd ex.s. c 107: See note following RCW 28B.59.010.
