(1) The proceeds from the sale of bonds authorized in RCW 47.10.920(1) must be deposited in the Interstate 5 bridge replacement project account created in RCW 47.56.904.

(2) The bond proceeds must be available only for the purposes enumerated in RCW 47.10.920, for payment of bond anticipation notes or other interim financing, if any, capitalizing interest on the bonds, funding a debt service reserve fund, if any, and for the payment of bond issuance costs, including the costs of underwriting.

Finding—Intent—2025 c 400: See note following RCW 47.10.920.