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r <br />ORDINANCE N0, 11 <br />AN ORDINANCE PROVIDING FOR THE CARE AND EXPENDITURES OF <br />MONEYS RECEIVED FROM THE STATE OF CALIFORNIA UNDER THE PROVISIONS <br />OF ARTICLE 5, CHAPTER 1 DIVISION 1 OF THE STREETS AND HIGHWAYS CODE <br />OF THE STATE OF CALIFORNIA AND DECLARING AN EMERGENCY TO BECOME <br />EFFECTIVE UPON PASSAGE. <br />THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS DOES <br />ORDAIN AS FOLLOWS: <br />SECTION 1. To comply with the provision of Article 5 of <br />Chapter 1 of D v Sion 1 of the Streets and Highways Code of the <br />State of California with particular reference to the amendments <br />made thereto by Chapter 642 Statutes of 1935 there is hereby created <br />in the City Treasury a special Fund to be known as the "Special Gas <br />Tax Street Improvement Fund". <br />SECTION 2. All moneys received by the City from the State <br />of California under the provisions of the Streets and Highways Code <br />of the State of California for the acquisition of real property or <br />interest therein or for the construction, maintenance or improvement <br />of streets or highways other than State Highways, shall be paid <br />into said fund. <br />SECTION. All moneys is said fund shall be expended <br />exclusively for fie purposes authorized by, and subject to all of <br />the provisions of Article 5. Chapter 1 Division 1 of the Streets <br />and Highways Code of the State of California. <br />SECTION . This Ordinance shall be and is hereby declared <br />to be an emergency measure and shall take effect immediately upon <br />passage being for the immediate preservation of the public peace, <br />health, safety and welfare inasmuch as it is required that the Town <br />of Los Altos Hills establish and have effective on or before April 3, <br />1956, a special fund as herein provided for or the said City will not <br />become eligible for the current gas tax funds available to it and <br />necessary for its economic stability end protection of its ways and <br />highways. <br />SECTION 5. This Ordinance shall take effect immediately <br />after its adoption and shall be posted in three public places within <br />the Town of Los Altos Hills. <br />Introduced March 3, 1956. <br />ADOPTED AND PASSED _March 3. 1956 , by the following vote: <br />AYES: Councilmen Bledsoe, Dungan, Fowles Mayor Treat <br />NOES: None <br />ABSENT: Councilman Rothwell <br />ayor <br />7ATTESTS <br />City Clark <br />CERTIF�i &T <br />