There is established a special gas tax street improvement fund
in accordance with the provisions of Section 196 of the Streets and
Highways Code of the state.
(Prior code § 4-1)
There shall be deposited in the special gas tax street improvement
fund all money received from the state that is required to be deposited
therein, and such money shall be kept separate from all other city
funds.
(Prior code § 4-2)
No money shall be expended by the city from the gas tax street
improvement fund except for purposes as are authorized by law and
in accordance with the provisions of Division 1, Chapter 1, Article
5 of the
Streets and Highways Code of the state.
(Prior code § 4-3)
The city treasurer shall maintain records showing the status
of the gas tax street improvement fund, with all deposits therein
and expenditures therefrom sufficiently detailed to prepare the reports
required by the
Streets and Highways Code of the state.
(Prior code § 4-4)