Bishop Municipal Code Ch. 3.40 Special Gas Tax Street Improvement Fund

The city has created in the city treasury a special fund to be known as the special gas tax street improvement fund. The fund shall be treated as provided in and in accordance with Streets and Highways Code § 181 et seq.

(Prior Code, § 8-6; Code 1985, § 3.40.010; Ord. No. 430, § 10, 1985)

All money received from the state under the provisions of the state 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 special gas tax street improvement fund.

(Prior Code, § 8-7; Code 1985, § 3.40.020)

All money in the special gas tax street improvement fund shall be expended exclusively for the purposes authorized by, and subject to all of the provisions of and in accordance with Streets and Highways Code § 181 et seq.

(Prior Code, § 8-8; Code 1985, § 3.40.030; Ord. No. 430, § 11, 1985)