HomeMy WebLinkAboutord2009-027 WHATCOM COUNTY COUNCIL AGENDA BILL NO. 2009 — 187
CLEARANCES Initial Date Date Received in Council Office Agenda Date Assigned to:
Ori: inator: 3/30/2009 4/14/2009 Introduction
Finance/
Division Head: 4 / 28 / 2009 Council
De at Head:
Prosecutor:
Purchasin:/Bud: et:
Executive:
TITLE OF DOCUMENT:
Ordinance amending WCC 3. 16. 110 removing specific reference to RCW 36.67
ATTACHMENTS:
SEPA review required? ( ) Yes ( ) NO Should Clerk schedule a hearing ? ( ) Yes ( ) NO
SEPA review completed? ( ) Yes ( ) NO Requested Date:
SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE: (If this item is an ordinance or requires a public
hearing, you must provide the language for use in the required public notice. Be specific and cite RCW or WCC as appropriate.
Be clear in explaining the intent of the action.)
Ordinance amending WCC 3. 16. 110 removing specific reference to RCW 36.67
COMMITTEE ACTION: COUNCIL ACTION:
4 / 28 / 2009 : Forwarded to Council for approval 4 / 14 / 2009 : Introduced
4 / 28 / 2009 : Council Adopted 7 - 0
Ord . 2009 - 027
Related County Contract #: Related File Numbers: Ordinance or Resolution
Number: Ord . 2009 - 027
Please Note: Once adopted and signed, ordinances and resolutions are available for viewing and printing
on the Coun 's website at: www. co. whatcom. wa. us/council.
SPONSORED BY : Consent
PROPOSED BY : Prosecutor's Office
INTRODUCTION DATE : April 14 , 2009
ORDINANCE NO . 2009 - 027
ORDINANCE AMENDING WHATCOM COUNTY CODE 3 . 16 . 110 TO
REMOVE THE SPECIFIC REFERENCE TO RCW 36 . 67
WHEREAS, RCW 36 . 67 is no longer the controlling statute with regards to the sale of revenue
bonds ; and
WHEREAS, the reference to it in our ordinance creates an indirect route to finding the
authority ; and
WHEREAS, specific references to state statutes rather than a generic reference to state law
creates an administrative problem for the County to continually monitor changes in state law and to
place them into the Code .
NOW, THEREFORE, BE IT ORDAINED by the Whatcom County Council that Whatcom
County Code 3 . 16 . 110 shall be amended as follows :
3 . 16. 110 3 Revenue Bonds - Optional covenants .
A . Covenants of the bonds may be provided as the county council
deems necessary to secure the payment of the principal and interest on
such bonds and may, but shall not be required to, including covenants
to create a reserve fund or account and to authorize the payment or
deposit of certain moneys therein for the purpose of securing the
payment of such principal and to maintain an adequate coverage over
annual debt service ; and to make any and all other covenants not
inconsistent with the provisions of RCW Chaptcr 36 . 67 state law which
will increase the marketability of such bonds .
B . The council may also provide that revenue bonds payable out of the
same source or sources may later be sold on a parity with any revenue
bonds being issued and sold . ( Ord . 82- 16 ( part) ; Ord . 79- 30 § 2 ( 6 ) ) .
` APP it this 28th day of April , 2009 .
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APPR DI45611dRM :
civil Depu y rbsecutor Pete Kreme unty Executive
( . Approved ( ) Denied
Date Signed : 5-41-0y
Please note : This Ordinance became effective May 12 , 2009