RCW 47.10.922: Proceeds—Deposit and use.

(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.