Laserfiche WebLink
PROJECT AGREEMENT -,150FISCAL YEAR <br /> MEMORANDUM OF AGREEMENT entered into by and between <br /> the City of d , hereinafter <br /> referred to as the c y, and the Department of Public <br /> Works of the State of California, hereinafter referred <br /> to as the department, <br /> WITNESSETH, THAT, WHEREAS, in accordance with the <br /> provisions of Section 194 and Section 2107 of the Streets <br /> and Highways Code, a sum equal to five-eighths of one cent <br /> per gallon tax under the Motor Vehicle Fuel License Tax <br /> Law shall be transferred to the State Highway Fund for <br /> expenditure in cities in the proportion that the total <br /> population of each city bears to the total population of <br /> all cities in this State; and <br /> WHEREAS, Section 195 of the Streets and Highways Code <br /> provides that two-fifths of the money allocated under the <br /> provisions of Section 194 shall be expended for the <br /> maintenance of the system of major city streets and of the <br /> secondary city streets within such city, provided that, <br /> with the approval of the department, a portion of such <br /> money so allocated for maintenance may be expended for <br /> construction of streets included within the system of major <br /> city streets within such city; and <br /> WHEREAS, in accordance with the requirements of Section <br /> 196 of the Streets and Highways Code, the city has set up <br /> by Ordinance No, a Special Gas Tax <br /> Street Improvement Puna ;hich shall be deposited all <br /> amounts allocated pursuant to Section 194 and received by <br /> the city; <br /> NOW, THEREFORE, in consideration of the premises and <br /> of the several promises to be faithfully performed by each <br /> as hereinafter set forth, the city and the department do <br /> hereby mutually agree as follows: <br /> ml- <br />