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Earlier editions: 2026-09

Division 2 — FINANCE AND TAXATION›Part II — FUNDS AND ACCOUNTS›Chapter 11 — SPECIAL FUND FOR CAPITAL OUTLAYS

Torrance Municipal Code Art. 1 Fund Created

Torrance Municipal Code · 2026-10 edition · updated 2026-10-05 · Torrance

Cite as: Torrance Municipal Code Article 1 · Text as of 2026-10-05

211.1.1 CREATION OF FUND.

A fund is hereby created for capital outlays for public improvements under the provisions of that certain act of the legislature of the State, 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 amended.

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