There is created in the City Treasury a special fund to be designated as the City street fund. All moneys heretofore paid and hereafter paid to the City by the state under Chapter 47.27 RCW shall be deposited in the fund. Moneys in the fund shall be expended only for the purpose specified in Chapter 47.24 RCW, or any amendments thereto. [Ord. 3557 § 50, 2002; Code 1970 § 3.72.010; Code 1954 § 2-16.04.]