Corona Municipal Code Ch. 3.16 Special Gas Tax Street Improvement Fund

To comply with the provisions of Street and Highways Code Division 1, Chapter, 1, Article 5, with particular reference to the amendments made thereto by Chapter 642, Statutes of 1935, there is created in the city treasury a special fund to be known as the Special Gas Tax Street Improvement Fund.

(`78 Code, § 3.16.010.)

Statutory reference:

For statutory provisions on funds for highway purposes, see Cal. Str. and Hwys. Code §§ 182 et seq.

All moneys received by the city from the state under the provisions of the Streets and Highways Code for the acquisition of real property or interests therein for or the construction, maintenance or improvement of streets or highways other than state highways shall be paid into the fund mentioned in § 3.16.010.

(`78 Code, § 3.16.020.)

All moneys in the fund shall be expended exclusively for the purposes authorized by and subject to all of the provisions of Street and Highways Code Division 1, Chapter 1, Article 5.

(`78 Code, § 3.16.030.)