Chapter 8. Improvement Funds of California Streets And Highways Code >> Division 15. >> Part 1. >> Chapter 8.
The funds collected by the tax collector under this part
shall be paid by him, as fast as collected, to the city treasurer.
The city treasurer shall place the funds in a special fund designated
by the name of the improvement proceeding, and shall make payments
out of that fund only for the purposes provided for in this part.
Payments out of the special fund shall be made by the city
treasurer to the board as funds are required for the prosecution and
completion of the improvement.
To expedite the making of the improvement, the city council
may at any time transfer into the special fund out of any money in
the general fund, any sums which it may deem necessary. The sums so
transferred shall be a loan to the special fund, and shall be repaid
out of the proceeds of the assessments provided for in this part.