Skip to code content (skip section selection)
(a) Revolving Fund. In the exercise of any of the powers now or hereafter provided for in this part, including the right to take immediate possession in eminent domain proceedings, the council may create, use and reimburse a revolving fund or funds.
(b) Procedure. The revolving fund may be established, operated, reimbursed, reduced or dissolved, in which event Article 2, Chapter 3, Division 4, Title 4 of the Government Code shall apply.
(Ord. 2277 (part), 1966: prior code § 40.120)