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Washington Regulations § 434-291-030 Request for an election pursuant to RCW 80.52.040

⤴ Up to Chapter 434-291: Special elections for major public energy project bond measures

Regulation Text

Any public agency which desires to hold a special election pursuant to RCW 80.52.040 shall submit to the secretary of state a certified copy of the ordinance, resolution, order, or other evidence of legislative action requesting such an election and specifying:
(1) The name, location, and type of major public energy project, expressed in common terms;
(2) The dollar amount and type of bonds being requested;
(3) If the bond revenues are intended to finance the acquisition of all or a portion of a major public energy project, the anticipated total cost of the acquisition of the project;
(4) If the bond revenues are intended to finance the planning or construction of all or a portion of a major public energy project, the anticipated total cost of construction of the project;
(5) The projected average rate increase for consumers of the electricity to be generated by the project (that amount necessary to repay the total indebtedness incurred for the project, including estimated interest);
(6) A summary of the final cost effectiveness study as required by RCW 80.52.050 (4) ;
(7) The anticipated functional life of the project;
(8) The anticipated decommissioning costs of the project;
(9) The reasons for requesting a special election; and
(10) If the applicant is a joint operating agency, a list of all of the participating public agencies which are a part of that joint operating agency and the names of the counties which contain all or parts of each of these public agencies.

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