§ 16.44.140. Special aviation fund.

In compliance with the provisions of Article 4 of Chapter 4 of Part 1 of Division 9 of the Public Utilities Code, there is created and established a special fund to be known as special aviation fund. All money received by the City from the State under the provisions of Public Utilities Code for Airport and aviation purposes shall be deposited into the fund created and established by this Section. The City shall also deposit into the fund from its general fund amounts of money at least equal to the amounts of money to be received from the State and to be deposited into the fund. All moneys in the fund shall be expended exclusively for Airport and aviation purposes and shall be subject to the provision of Article 4 of Chapter 4 of Part 1 of Division 9 of the Public Utilities Code.

(Prior code § 7420.14)