(A) Established. To comply with the provisions of Cal. Sts. & High. Code §§ 180 et seq., with particular reference to Cal. Sts. & High. Code § 2113, there is created in the city treasury a special fund to be known as the “Special Gas Tax Street Improvement Fund.”
('81 Code, § 3.28.010)
(B) Moneys paid into fund. All moneys received by the city from the state under the provisions of the California Streets and Highways Code for the acquisition of real property or interests therein, or for the construction, maintenance or improvement of streets or highways, other than state highways, shall be paid into the fund established by division (A) of this section.
('81 Code, § 3.28.020)
(C) Expenditure of moneys in fund. All moneys in the fund established by this section shall be expended exclusively for the purposes authorized by, and subject to all of the provisions of Cal. Sts. & High. Code Cal. Sts. & High. Code §§ 180 et seq.
('81 Code, § 3.28.030)
Statutory reference:
Special Gas Tax Street Improvement Fund, see Cal. Sts. & High. Code §§ 2106 et seq. and § 2113