Chapter 3.28
TRANSPORTATION IMPROVEMENT FUND
Sections:
3.28.020 Deposit of street and highway funds.
3.28.030 Expenditure of funds.
3.28.010 Fund established.
To comply with the provisions of Cal. Str. & Hwy. Code Division 1, Chapter 1, Article 5, with particular reference to the amendments made thereto by Chapter 642, Statutes of 1935, there is created in the city treasury a special fund to be known as the “transportation improvement fund.” (Ord. 701 § 2 (Exh. 1), 2012; Ord. 5 § 1, 1940)
3.28.020 Deposit of street and highway funds.
All moneys received by the city from the state of California under the provisions of the California 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. 701 § 2 (Exh. 1), 2012; Ord. 5 § 2, 1940)
3.28.030 Expenditure of funds.
All moneys in the fund shall be expended exclusively for the purposes authorized by, and subject to all of the provisions of, Cal. Str. & Hwy. Code Division 1, Chapter 1, Article 5. (Ord. 701 § 2 (Exh. 1), 2012; Ord. 5 § 3, 1940)