Loading...
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 . ``�`` ,� Y C 0 v '� ,/ . +. �a � ATC • ��1 �'�s WHATCOM COUNTY COUNCIL T' ••• WHATCO COUNTY, SHINGTON to TY ti ■ tit • Sot ••• e NaitaigA "0 / Dania •,gin - � a t , lerkof the Council 3' Fleetwravd , ouncil C air ���•%# • gSHING4 • ```.`' WHATCOM COUNTY EXECUTIVE • � \ WHATCOM COUNTY, WASHINGTON 'E 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