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that they are payable solely from such special fund or funds. If the <br />county fails to set aside and pay into such fund or funds, the <br />payments provided for in such resolution, the owner of any such bonds <br />may bring suit to compel compliance with the provisions of the <br />resolution. [1983 c 167 § 87; 1972 ex.s. c 94 § 6.; <br />Liberal cons truction—Sever abil i ty-1 9 8 3 c 167: See RCW 39.46.C10 <br />and note following_ <br />RCW 36.69.390 Payment of bonds —Covenants —Enforcement. The <br />board of park and recreation_ commissioners may provide covenants as it <br />may deem necessary to secure the payment of the principal of and <br />interest on such bonds and may, but shall not be required to, include <br />covenants to create a reserve fund or account and to authorize the <br />payment or deposit of certain moneys therein for the purpose of <br />securing the payment of such principal and interest; to establish, <br />maintain, and collect rates, charges, fees, rentals, and the like on <br />the facilities and service the income of which is pledged for the <br />payment of such bonds, sufficient to pay or secure the payment of such <br />principal and interest and to maintain an adequate coverage over <br />annual debt service; and to make any and all other covenants not <br />inconsistent with the provisions of this chapter which will increase <br />the marketability of such bonds. The board may also provide that <br />revenue bonds payable out of the same source or sources may later be <br />sold on a parity with any revenue bonds being issued and sold. The <br />provisions of this chapter and any resolution or resolutions providing <br />for the authorization, issuance, and sale of such bonds shall <br />constitute a contract with the owner of such bonds, and the provisions <br />thereof shall be enforceable by any owner of such bonds by mandamus or <br />any appropriate suit, action or proceeding at law or in equity in any <br />court of competent jurisdiction. [1983 c 167 § 88; 1972 ex.s. c 94 § <br />7.1 <br />Liberal construction--Severability-1983 c 167: See RCW 39.46.010 <br />and note following. <br />RCW 36.69.400 runding, refunding bonds. (1) The board of parks <br />and recreation commissioners of any district may by resolution, from <br />time to time, provide for the issuance of funding or refunding revenue <br />bonds to fund or refund any outstanding revenue bonds and any interest <br />and premiums due thereon at or before the maturity of such bonds, and <br />parts or all of various series and issues of outstanding revenue bonds <br />in the amount thereof to be funded or refunded. <br />The board shall create a special fund for the sole purpose of <br />paying the principal of and interest on such funding or refunding <br />revenue bonds, into which fund the board shall obligate and bind the <br />district to set aside and pay any part or parts of, or all of, or a <br />fixed proportion of, or a fixed amount of the revenue of the <br />recreational facility of the district sufficient to pay such principal <br />and interest as the same shall become due, and if deemed necessary to <br />maintain adequate reserves therefor. <br />Such funding or refunding bonds shall be negotiable instruments <br />within the provisions and intent of the negotiable instruments law of <br />this state, and the tax revenue of the district may not be used to <br />