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Code · Washington · Title 47 — Public Highways and Transportation · Chapter 47.56

RCW 47.56.904

183 words·~1 min read·/wa/title-47/chapter-47-56/47-56-904·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A special account to be known as the Interstate 5 bridge replacement project account is created in the state treasury.
(2)Deposits to the account must include:
(a)All proceeds of bonds and loans issued on behalf of Washington state for the Interstate 5 bridge replacement project, including any capitalized interest;
(b)All net tolls and other revenues received from the operation of the Interstate 5 bridge replacement project as a toll facility;
(c)The Washington state portion of any interest that may be earned from the deposit or investment of those revenues;
(d)Notwithstanding RCW 47.12.063 , the Washington state portion of proceeds from the sale of any surplus real property acquired for the Interstate 5 bridge replacement project; and
(e)The Washington state portion of all damages, liquidated or otherwise, collected under any contract involving the Interstate 5 bridge replacement project.
(3)Moneys in the account may be spent only after appropriation, consistent with RCW 47.56.820 .
[ 2023 c 377 s 3 .]
Notes:
Finding — Contingent effective date — 2023 c 377: See notes following RCW 47.56.902 .
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