RCW 47.10.898: Proceeds—Deposit and use.

(1) The proceeds from the sale of bonds authorized by: (a) RCW 47.10.896 (1)(a) shall be deposited in the Interstate 405 and state route number 167 express toll lanes account created in RCW 47.56.884 ; and (b) RCW 47.10.896 (1)(b) shall be deposited in the Puget Sound Gateway facility account created in RCW 47.56.897 . (2) The bond proceeds shall be available only for the purposes enumerated in section 2, chapter 421, Laws of 2019 [RCW 47.10.896 ], for the 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.