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There is created a special fund in the treasury of the city to be known as the “public stadium facilities and/or convention center facilities fund.” All taxes levied and collected under the provisions of this chapter shall be credited to said fund. Such taxes shall be levied and used only for the purpose of paying all or any part of the cost of acquisition, construction or operation of said facilities, or to pay or secure the payment of all or any portion of general obligation bonds or revenue bonds issued for such purpose or purposes as specified in Chapter 34, Laws of 1973, 2nd Executive Session, or for any purpose permitted by Chapter 67.28 RCW. Until withdrawn for use, the monies accumulated in such fund may be invested in interest-bearing securities by the treasurer of the city in any manner authorized by law. (Ord. 972 § 4, 1978)