2-1-2: STREET FUND:
There is hereby established a fund to be known as the Street Fund into which shall be paid all monies received by the City as Diverted Road Taxes pursuant to Revised Code of Washington 35.02.140, and into which may be paid monies received by the City as distributions, pursuant to Revised Code of Washington 46.68.090(1)(i), of the Motor Vehicle Fuel Taxes imposed by the State. Monies in the fund shall be used generally by the City for planning, establishing, constructing, repairing and maintaining City streets, sidewalks and appurtenances, including pedestrian and bicycle paths, lanes and routes. However, nothing herein shall prohibit the City Council from appropriating such additional monies to the fund as may be deemed necessary. Accounting and reporting procedures as to all street expenditures shall comply with the current manual of instructions published by the State auditor. (Ord. 12, 6-12-2001)