To comply with the provisions of Article 5 of Chapter 1 of Division
1 of the
Streets and Highways Code, with particular reference to the amendments made thereto by Chapter 642, Statutes of 1935, there is hereby created in the city treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund."
(Prior code § 8-1.01)
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 said fund.
(Prior code § 8-1.02)
All moneys in said 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.
(Prior code § 8-1.03)