Earlier editions: 2026-09
Arroyo Grande Municipal Code Ch. 3.40 Capital Improvement Program
Arroyo Grande Municipal Code · 2026-10 edition · updated 2026-10-04 · Arroyo Grande
Cite as: Arroyo Grande Municipal Code Chapter 3.40 · Text as of 2026-10-04
3.40.010 - Created.¶
A fund is created for capital improvement projects pursuant to the provisions of Sections 53730.5 through 53737 of the Government Code of the state.
(Ord. 547 § 2 (S), 2003: prior code § 3-2.101)
3.40.020 - Designation.¶
Such fund shall be known as the "Capital Improvement Program Fund (CIP)."
(Ord. 547 § 2 (T), 2003: prior code § 3-2.102)
3.40.030 - Purpose.¶
Such fund shall remain inviolate for the making of any capital outlays for public improvements, and no moneys shall be disbursed therefrom except for such purpose, except upon consent of the electors obtained, as provided in such act.
(Prior code § 3-2.103)
3.40.050 - Transfer of funds.¶
The council may transfer to such fund any unencumbered surplus funds remaining on hand in the city at the end of the fiscal year.
(Prior code § 3-2.105)
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