Montclair Municipal Code Ch. 3.16 Gas Tax Street Improvement Fund

To comply with the provisions of Article 5 of Chapter 1 of Division 1 of the Streets and Highways Code of the State, there is created in the City Treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund."

(Prior code § 3-2.201)

All moneys received by the City from the State pursuant to the provisions of the Streets and Highways Code of the State for the acquisition or real property or interests therein, or for the construction, maintenance or improvement of streets or highways other than State highways, shall be paid into said fund.

(Prior code § 3-2.202)

All moneys in said fund shall be expended exclusively for the purposes authorized by the California Streets and Highways Code, including the provisions of Article 5 of Chapter 1 of Division 1 and Chapter 3 of Division 3 of the California Streets and Highways Code.

(Ord. 99-791 Exh. A (part); prior code § 3-2.203)