Trinidad Municipal Code Ch. 3.12 Special Gas Tax Improvement Fund

Sections:

3.12.010 Created.

3.12.020 Revenue.

3.12.030 Expenditures.

To comply with the provisions of Streets and Highways Code Article 5, Chapter 1, Division 1, there is created in the city treasury a special fund to be known as the special gas tax street improvement fund. [Ord. 113 § 1, 1955].

All moneys received by the city from the state of California under the provisions of the Streets and Highways Code for the acquisition of real property or interests therein for, or the construction, maintenance or improvement of, streets or highways other than state highways shall be paid into the fund. [Ord. 113 § 2, 1955].

All moneys in the fund shall be expended exclusively for the purposes authorized by, and subject to, all of the provisions of Streets and Highways Code Article 5, Chapter 1, Division 1. [Ord. 113 § 3, 1955].