Salinas Municipal Code § 12-3 Source of funds

To comply with the provisions of Article 5 of Chapter 1 of Division I of the Streets and Highways Code, with particular reference to the amendments made thereto by Chapter 642, Statutes of 1935, there is hereby created in the city treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund."

(Ord. No. 214 (NCS), § 1.)

* For state law authorizing payment of state funds to city where special gas tax street improvement fund is created, see Sts. & H.C., § 2113. As to streets and sidewalks, see Ch. 30 of this Code.

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 the construction, maintenance or improvements of streets or highways other than state highways shall be paid into such fund.

(Ord. No. 214 (NCS), § 2.)

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

(Ord. No. 214 (NCS), § 3.)