(a) Receipt of Fees. The additional motor vehicle registration fees that are distributed to the city by the South Coast Air Quality Management District (SCAQMD) will be accepted by the city’s finance director and deposited in the trust fund account. All interest earned on the trust fund account will be credited only to that account.
(b) Expenditure of Fee Revenues. All fee revenues or grants received from the SCAQMD and deposited in the trust fund account must be expended within the time specified by state law on projects and programs to reduce air pollution from motor vehicles that are authorized by, or necessary to implement, the Clean Air Act Amendments of 1990, the California Clean Air Act of 1998, or the plan prepared under Article 5 (commencing with Section 40460) of Chapter 5.5 of Part 3 of the Health and Safety Code (collectively referred to as mobile source air pollution reduction programs.)
(c) Audit. The city will be subject to an audit by the SCAQMD of each project or program funded with revenues from the trust fund account, as provided for in Section 44244.1 of the Health and Safety Code.
(Ord. 767 § 1 (part), 1998)