Chapter 3.7 Special Gas Tax Street Improvement Fund

3.7.10 Purpose of this Chapter

The purpose of this Chapter is to provide for the establishment and implementation of a Special Gas Tax Street Improvement Fund for the City of La Habra Heights.

3.7.20 Special Gas Tax Street Improvement Fund

A.    To comply with the provisions of Section 2113 of the Streets and Highways Code, and to avail itself of the benefits of Sections 2106 and 2107 thereof, there is hereby created in the City Treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund."

B.    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, or for engineering, or for the construction, maintenance or improvement of streets or highways by the City shall be paid into said fund.

C.    All moneys in said fund shall be expended exclusively for the purposes authorized by, and subject to, the provisions of the Streets and Highways Code.