(1) In addition to the requirements of Chapter 1, Part 6, Fiscal Procedures for Special Districts, the board shall establish and maintain an enterprise fund known as the Energy Infrastructure Enterprise Fund. (2) The following shall be deposited into the enterprise fund: (a) proceeds of revenue bonds issued under Section 17B-2a-1407, pending application to authorized purposes including a bond project fund to ensure the appropriate use of such proceeds; (b) payments received by the district under operating contracts; (c) payments received by the district under power purchase agreements; and (d) any other revenues received by or pledged to the district. (3) Revenues in the enterprise fund shall be used solely for the purposes of the district and applied in the order prescribed by the district and in compliance with any bond contract approved by the district.
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