Earlier editions: 2026-09
Title 8 — FINANCE, REVENUE AND TAXATION›Chapter 1 — SPECIAL FUNDS
Modesto Municipal Code Art. 5 Park Fund
Modesto Municipal Code · 2026-10 edition · updated 2026-10-04 · Modesto
Cite as: Modesto Municipal Code Article 5 · Text as of 2026-10-04
8-1.501 - Creation of Fund.¶
A fund is hereby created for capital outlays under the provisions of that certain Act of the Legislature of the State of California entitled: "AN ACT TO PROVIDE FOR THE LEVY AND COLLECTION OF TAXES AND ASSESSMENTS FOR THE PURPOSE OF CREATING A FUND FOR CAPITAL OUTLAYS BY CITIES, COUNTIES, CITIES AND COUNTIES OR DISTRICTS," approved July 1, 1937, and being Chapter 717 of the Statutes of 1937, as thereafter amended by Chapter 314, Statutes of 1941, page 1590.
(Added by Ord. 603-C.S., effective 10-9-63)
8-1.502 - Title of Fund.¶
Such fund shall be known as the "PARK FUND" and it shall remain inviolate for the making of such capital outlays as the Council shall direct to be made from such fund for the purpose of development of parks within the City of Modesto, and no moneys shall be disbursed therefrom except for such purpose, except upon consent of the electors obtained, as provided in said Act.
(Added by Ord. 603-C.S., amended by Ord. 721-C.S., effective 7-7-65)
8-1.503 - Levying Taxes Within Limitation of Charter.¶
Taxes may be levied upon the taxable property in said City for the raising of moneys for said fund, but no levy so made shall exceed the limitation imposed by the general laws of the State and by Section 1305 of the Charter of the City of Modesto upon the right of said City to impose taxes.
(Added by Ord. 603-C.S., effective 10-9-63)
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