Long Beach Municipal Code Ch. 3.32 Special Gas Tax Street Improvement Fund

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State Law reference— Provisions on the apportionment of moneys to cities having a special gas tax street improvement fund, Str. and H. C. §§ 2106, 2107 and 2113; provisions on expenditures of moneys so apportioned, Str. and H. C. § 186.3.

In compliance with the provisions of Section 198 of the State Streets and Highways Code there is created and established a special fund to be known as the special gas tax street improvement fund.

(Prior code § 2612)

All money received by the City from the State under the provisions of the Street and Highways Code for the acquisition of real property or interests therein for, or the construction, maintenance or improvement of streets other than State highways, shall be paid into the fund created and established in this Chapter.

(Prior code § 2612.1)

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

(Prior code § 2612.2)