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HomeMy WebLinkAbout1952-08-26; City Council; 7010; Create special gas tax street improvement fund1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 AN ORDINAHCE CREATIHG A SPECIAL GAS TAX STREET IHPROVE- NZNT FUND, PROVIDING FOR TEE CARE MID lZXK3NDITUIE OF rJoims ~CEIVED FROM TEE STATZ OF CALIFORHIA DER THE PkOVISIOMS OF fUiTICL3 5,’ CHAPTER 1, DIVISLON T OF TKE STREETS AND HIGBSJAYS CODZ, d ---00000--- The City Councll of t‘ne City of Carlsbad does ordain as follo-nrs : SECTION 1, There is hereby created in the Citr Treasury a SFecial Fund to be knom as the “SPECIAL GAS TAX STFEET Ti”iIPS0VE- IXZIVT FWD”, pwsua.n.l; to the provisions of &ticle 5 of Chapter 1 of Division I of the Stpeets and Highways Code, with particular reference to the amendxents made thereto by Chapter 5@, Statutes of 1935* SSCTION 2, A11 moneys received by the Glty of Carlsbad from the State of Galifox-nia under the provisions of sa5.d Streets and Highways Code, shall be pald into said Fund. SECTION 3. A11 moneys in said Fund shall be emsnded exclusively for tne pu-pgoses authorlzed by, and subject to all of the provisions of Article 5, Chagter 1, Division I of tjne Streets and Highways Code, SECTIOIJ b-. This Ordinance shall be published once in the Carlsbad Journal, a weekly newspaper of general cjrculatlon in the City of Carlsbad. SECTION 5. This Ordinance shall become effective thirty (30) days from and after the date of its final passage and approval. r 6 -. 4 E e 7 a 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 PASSED AbTD ADOPTED by the City Council of the City of Garisbad, California, this 26th &ay of August, 1952, by the following vote, to-wit: AYES: Councilmen Sutton, Castorena, Ede, Grober, ana Mayor Mc C1 ell an Nays : None Absent: None C. D. NcCLELLAN, Nayor of the City of Cwlsbad, California -2-