Foster City Municipal Code Ch. 3.08 Gas Tax Street Improvement Fund

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 for engineering, or for the construction, maintenance or improvement of streets or highways by the city shall be paid into a special gas tax street improvement fund, which is created. (Ord. 55 § 1 (part), 1972: prior code § 8-201)

All moneys in the fund shall be expended exclusively for the purposes authorized by, and subject to the provisions of, Sections 2106 through 2116 of the Streets and Highways Code. (Ord. 55 § 1 (part), 1972: prior code § 8-202)