All money received from the sale of the bonds shall be applied solely for: (1) The acquisition of the industrial building and: (a) Any utilities; (b) Pollution control structures or equipment; (c) Equipment or technologies employed to increase the energy efficiency of manufacturing facilities; or (d) Other equipment requisite to the use of these assets; (2) The acquisition of pollution control facilities and the structures or equipment requisite to the use thereof; (3) The necessary expense of preparing, printing, and selling said bonds; (4) The refunding of any issued and outstanding bonds whether matured or otherwise; (5) Providing a debt service reserve fund or any other reserve funds, if necessary; (6) To advance the payment of interest on the bonds during any portion of the first three (3) years following the date of the bonds; or (7) To pay working capital expenditures.
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