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Revenues derived from the tax imposed pursuant to BMC 4.72.010 shall be deposited in a separate fund, to be known as the second quarter real estate tax fund, and used solely for financing capital projects specified in a capital facilities plan element of the comprehensive plan. Utilization of the proceeds of the tax shall be reviewed by the city council annually. [Ord. 2003-08-058; Ord. 10273 § 1, 1991; Ord. 9676 § 4, 1987; Ord. 9270 § 4, 1983].