§ 8-1.210. Applicable Uses of Moneys in the Fund.  


Latest version.
  • (a)

    All moneys in said fund shall be used only for the following purposes:

    (1)

    Purchase of land for sites for elementary, junior high (senior elementary), or high schools.

    (2)

    Construction, purchasing or leasing of classroom buildings and of on-site facilities necessary to support an elementary, junior high (senior elementary) or high school.

    (3)

    School site improvements.

    (b)

    Each district, within ninety (90) days of the end of that district's fiscal year, shall, through the district's Chief Financial Officer, certify to the Clerk of the City of Modesto that all money received by said district from the City's School Site and Facilities Fund has been expended in compliance with the requirements set forth in Section 8-1.210(a).

(Added by Ord. 2438-C.S., § 1, effective 9-13-86)