Wasco Municipal Code Ch. 3.24 Special Gas Tax Street Improvement FUND1

Sections: 3.24.010 Created. 3.24.020 Funds. 3.24.030 Expenditures.

To comply with the provisions of Article 5, Chapter 1, Division 1 of the Streets and Highways Code of the state of California, with particular reference to the amendments made thereto by Chapter 642, Statutes of 1935, there is created in the city treasury of the city a special fund to be known as the "Special Gas Tax Street Improvement Fund." (Ord. 14 §1, 1946).

All moneys received by the city from the state of California under the provisions of the Streets and Highways Code of the state of California 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 said fund. (Ord. 14 §2, 1946).

All moneys in the fund shall be expended exclusively for the purposes authorized by, and subject to, all of the provisions of Article 5, Chapter 1, Division 1 of the Streets and Highways Code. (Ord. 14 §3, 1946).

1 For statutory provisions on the apportionment of moneys to cities having a special gas tax street improvement fund, see Str. and Hwys. Code §§ 2106, 2107 and 2113; for provisions on expenditures of moneys so apportioned, see Str. and Hwys. Code § 186.31; for provisions on highway users’ tax funds generally, see Str. and Hwys. Code § 2100 et seq.