Redondo Beach Municipal Code Ch. 5 Special Gas Tax Street Improvement Fund

To comply with the provisions of Streets and Highways Code sections 2100 et seq., there is hereby created in the City Treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund".

(§ 1, Ord. 864 c.s., as amended by § 1(50), Ord. 2844 c.s., eff. November 4, 1999)

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 of real property or interests therein, or for the construction, maintenance, or improvement of streets or highways other than State highways, shall be paid into such fund.

(§ 2, Ord. 864 c.s.)

All moneys in such fund shall be expended exclusively for the purposes authorized by, and subject to all the provisions of Streets and Highways Code Sections 2100 et seq.

(§ 3, Ord. 864, as amended by § 1(51), Ord. 2844 c.s., eff. November 4, 1999)