California Government Code ARTICLE 2 - Street Work Revolving Fund

• Section 43420.
  By ordinance or resolution, the city legislative body may create one or more revolving funds in connection with proceedings had under any general law for...
• Section 43421.
  The revolving fund may be created and used when the cost of the work or improvement is to be paid for:(a) By special assessment.(b) Out of any...
• Section 43422.
  By resolution, the legislative body may order money from any of the following funds transferred to and deposited in the revolving fund:(a) The general fund.(b) The permanent...
• Section 43423.
  The legislative body may appropriate any sums deemed necessary out of any such revolving fund and expend the money for any of the purposes enumerated...
• Section 43424.
  It may advance money from the revolving fund as a deposit pursuant to Article 1 (commencing with Section 1255.010) of Chapter 6 of, or Article...
• Section 43425.
  It may appropriate money out of any such revolving fund and, at prices not exceeding their face value, purchase improvement bonds or warrants representing special...
• Section 43426.
  It may collect payments of principal and interest upon such bonds or warrants and deposit them in the revolving fund.(Added by Stats. 1949, Ch. 79.)
• Section 43427.
  The legislative body may order the revolving fund reimbursed, in whole or in part, when the following conditions exist:(a) It has appropriated and expended or advanced...
• Section 43428.
  It may order that the revolving fund be reimbursed, either in whole or in part:(a) By the deposit of the whole or any part of such...
• Section 43429.
  The amount of the reimbursement shall not exceed the amount paid out of or advanced from the revolving fund for the improvement.(Added by Stats. 1949,...
• Section 43430.
  The legislative body may reimburse the revolving fund, in whole or in part, by appropriating to, and depositing in, the fund money from any of...
• Section 43431.
  At any time the legislative body may reduce or discontinue the revolving fund. Upon such reduction or discontinuance, it shall transfer the money in the...

Last modified: October 22, 2018