Waterford Municipal Code Ch. 3.12 Special Gas Tax Street Improvement Fund

To comply with the provisions of Section 2113 of the Streets and Highways Code, as now or hereafter amended, there is created in the city treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund."

(Ord. 69-4 §1, 1969; Ord. 79-6 Art. III §C (1), 1979)

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 interest therein for, or for engineering, or for the construction, maintenance or improvement of streets or highways by the city shall be paid into said fund.

(Ord. 69-4 §2, 1969)

All moneys in said fund shall be expended exclusively for the purposes authorized by, and subject to the provisions of Sections 2106 through 2116 of the Streets and Highways Code, as now or hereafter amended.

(Ord. 69-4 §3, 1969; Ord. 79-6 Art. III §C (2), 1979)