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taxable property" is defined in RCW 39.3b.015, when such bonds are <br />approved by three -fifths of the voters of the district at a general or <br />special_ election called for that purpose and may provide for the <br />retirement thereof by levies in excess of dollar rate limitations in <br />accordance with the provisions of RCW 84.52.056. When authorized by <br />the voters of the district, the district may issue interest bearing <br />warrants payable out of and to the extent of excess levies authorized <br />in the year in which the excess levy was approved. These elections <br />shall be held as provided in. RCW 39.36.050. Such bonds and warrants <br />shall be issued and sold in accordance with chapter 39.46 RCW. [1994 <br />c 156 § 2; 1984 c 186 § 30; 1983 c 167 § 94; 1981 c 210 § 19; 1977 <br />ex.s. c 90 § 1; 1973 1st ex.s. c 195 § 40; 1970 ex.s. c 42 § 20; 1969 <br />c 26 § 5; 1967 c 63 § 5; 1963 c 4 § 36.69.140. Prior: 1961 c 272 § 5; <br />1959 c 304 § 6; 1957 c 58 § 14.] <br />Intent-1994 c 156: "The intent of the legislature by enacting <br />sections 2 through 5, chapter 156, Laws o` 1994 is: <br />(1) To allow park and recreation districts and park and <br />recreation service areas to place more than one excess levy on the <br />same ballot, allowing districts and service areas to give voters the <br />opportunity to vote on separate issues, such as for operating and <br />capital funds, at the same election, thereby reducing election costs; <br />and <br />(2) To increase the amount a park and recreation district or park <br />and recreation service area may collect through a six -year property <br />tax levy from a maximum of fifteen cents per thousand dollars of <br />assessed value to a maximum of sixty cents per thousand dollars of <br />assessed value. This would allow for a more stable funding source for <br />park and recreation districts and park and recreation service areas at <br />a realistic tax rate and reduce the need for holding excess levy <br />elections on an annual or biannual biennial] basis. In addition, it <br />would level out the collection of taxes over each of six years rather <br />than the practice now of collecting in one year to fund two years." <br />[1994 c 156 § 1.] <br />Purpose-1984 c 186: See note following RCW 39.46.110. <br />Liberal construction—Severability-1983 c 167: See RCW 39.46-010 <br />and rote following. <br />Severability-1981 c 210: See note following RCW 36.68.400_ <br />Severability—Effective dates—Construction--1973 1st ex.s. c 195: <br />See notes following RCW 84.52.043. <br />Severability—Effective date-1970 ex.s. c 42: See notes following <br />RCW 39.36.015. <br />RCW 36.69.145 Six -year regular property rax levies —Limitations — <br />Election. (Effective until January 1, 2027.) (1) A park and <br />recreation district may impose regular property tax levies in an <br />amount equal to 60 cents or less per $1,000 of assessed value of <br />property in the district in each year for six consecutive years when <br />specifically authorized so to do by a majority of at least three - <br />fifths of tae voters thereof approving a proposition_ authorizing the <br />[ 7 1 <br />