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pay, secure, or guarantee the payment of the principal of and interest <br />on such bonds. Such bonds may be in any form, ir_cluding bearer bonds <br />or registered bonds as provided in RCW 39.46.030. <br />The district may exchange such funding or refunding bonds for the <br />bonds, and any coupons being funded or refunded, or it may sell such <br />funding or refunding bonds in the manner, at such price and at such <br />rate or rates of interest as the board shall deem to be for the best <br />interest of the district and its inhabitants, either at public or <br />private sale. <br />The provisions of this chapter relating to the terms, conditions, <br />covenants, issuance, and sale of revenue bonds shall be applicable to <br />such funding or refunding bonds except as may be otherwise <br />specifically provided in this section. <br />(21 Notwithstanding subsection (1) of this section, such bonds <br />may be issued and sold in accordance with chapter 39.46 RCW. [1983 c <br />167 § 89; 1972 ex.s. c 94 § 8.] <br />Liberal cons truction—Severabili ty-1 983 c 167: See RCW 39.46.010 <br />and note following. <br />RCW 36.69.410 Authority for issuance of bonds —Construction. <br />This chapter shall be complete authority for the issuance of the <br />revenue bonds hereby authorized, and shall be liberally construed to <br />accomplish its purposes. Any restrictions, limitations or regulations <br />relative to the issuance of such revenue bonds contained in any other <br />act shall not apply to the bonds issued under this chapter. Any act <br />inconsistent herewith shall be deemed modified to conform with the <br />provisions of this chapter for the purpose of this chapter only. <br />[1972 ex.s. c 94 § 9.] <br />RCW 36.69.420 Joint park and recreation district —Authorization. <br />A park and recreation district may be formed encompassing portions of <br />two or more counties. Such a district shall be known as a joint park <br />and recreation district and shall have all powers and duties of a park <br />and recreation district. The procedures established in this chapter <br />for the formation of a park and recreation district shall be followed <br />in the formation of a joint park and recreation district except as <br />otherwise provided by RCW 36.69.430, 36.69.440, and 36.69.430. [1979 <br />ex.s. c 11 § 1.] <br />Severability-1979 ex.s. c 11: "If any provision of this act or <br />its application to any person or circumstance is held invalid, the <br />remainder of the act or the application of the provision to other <br />persons or circumstances is not affected." [1979 ex.s. c 11 § 7.1 <br />RCW 36.69.430 Joint park and recreation district —Formation — <br />Petition. The formation of a joint park and recreation district shall <br />be initiated by a petition as prescribed in RCW 36.69.020. The <br />petition shall be filed with the county auditor of one of the counties <br />within which a portion of the proposed Joint district is located. A <br />copy of the petition shall be filed with the county auditor of the <br />other county or counties within which a portion of the proposed joint <br />district is located. The county auditors shall jointly certify the <br />[ 19 ] <br />