(Contingent effective date.) (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.
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