Chapter 3.19
STREET CONSTRUCTION FUND
Sections:
3.19.010 Adoption.
There is hereby created and established in the accounting system of the city a street construction fund. (Ord. 1610-06 § 2, 2006).
3.19.020 Purpose.
The purpose of the street construction fund shall be to segregate moneys that have been received for the purpose of street construction for those projects identified in the city’s adopted transportation improvement program (TIP). The finance director-treasurer shall create such special categories as are necessary to properly account for funds required to be expended on a specific project. (Ord. 1746 § 1 (Exh. A), 2011; Ord. 1610-06 § 2, 2006).
3.19.030 Definitions.
“Street construction” means, in addition to actual construction, the administrative costs associated with the planning for, design of and bidding for a city street construction project, unless such administrative costs are prohibited by the terms of a grant or interlocal or other agreement, in which case the terms of the grant or agreement will govern. (Ord. 1610-06 § 2, 2006).
3.19.040 Expenditures.
The street construction fund may have expenditures made directly against it for the amounts collected for any specific project for which the fees were collected. (Ord. 1610-06 § 2, 2006).