In addition to the deposit of moneys and investments to the Unvoted Bond and Note Redemption Account required by subsection (c) of Section 179.04, the Sinking Fund Commission shall deposit or cause to be deposited with the Escrow Agent for the credit of the Unvoted Bond and Note Redemption Account: any proceeds from the issuance of unvoted general obligation bonds or revenue or mortgage revenue bonds, or notes issued in anticipation of such bonds, which are to be used for the purpose of retiring, renewing, or refunding such bonds or notes; any other money transferred for such purpose; and any proceeds from cash payments or advance payments of special assessments in anticipation of which bonds or notes were issued.
(Ord. No. 63410-A. Passed 9-22-24)