WAC 210-02-020   Request for certificate of eligibility.  School districts may request a certificate of eligibility at any time during the year by filing the request. Such requests, however, must be submitted no less than thirty days prior to sale of bonds for which the guarantee, if granted, will apply. Requests, and all other written communications pursuant to the guarantee program, shall be addressed to the Debt Management Division, Office of the State Treasurer, Legislative Building, 2nd Floor, P.O. Box 40200, Olympia, Washington 98504-0200. The request shall include:

     • The name, county, and district number (if applicable) of the requesting school district;

     • The name of the authorized district official for the requesting school district;

     • The name of the underwriter, if known, financial advisor (if any) and bond counsel assigned to the financing of the requesting school district to which the guarantee will apply;

     • The mailing address, phone number, fax number, and e-mail address (if applicable) of the requesting school district;

     • A statement of whether any of the school district's previously issued debt is covered by the guarantee program;

     • A copy of the district's ballot proposition resolution, showing details of the special election (date, amount, ballot title) at which the bonds were or are expected to be approved by the voters;

     • A copy of the resolution passed by the requesting school district's board of directors (which may be the same resolution as the district's ballot proposition resolution) authorizing the request for a certificate of eligibility;

     • A certificate signed by an authorized district official:

     - Stating whether the requesting school district has any bonds, the principal of or interest on which has been paid by the state under the act, and for which there remain outstanding any payment obligations of the district to the state;

     - Stating that the requesting school district is, and will remain, in compliance with these administrative rules; and

     - Attesting to the accuracy and completeness of the materials provided.

     • A nonrefundable application processing fee of one hundred dollars; and

     • Any additional materials that may be required by the office of the state treasurer in support of the request for participation in the guarantee program.



[Statutory Authority: Chapter 39.98 RCW. 00-11-023, § 210-02-020, filed 5/9/00, effective 6/9/00.]