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Use of fee.

Riverside Municipal Code § 16.48.050
in effect
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16.48.050 - Use of fee. When the development fee for the bridge crossing the Alessandro Arroyo at Overlook Parkway has been collected, it shall be deposited in a separate capital facilities account or fund in a manner to avoid any commingling of the fees with other revenues and funds of the City, except to temporary investments. The fees may be expended solely for the purpose for which the fee was collected. An interest income earned by moneys in the capital facilities account or fund shall also be deposited in that account or fund and shall be expended only for the purpose for which the fee was originally collected. (Ord. 5903 §1, 1991)
Source: City of Riverside, California, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ca/riverside/codes/code_of_ordinances?nodeId=PTIICOOR_TIT16BUCO_CH16.48OVPACRALARDEFE_16.48.050USFEFetched: 11/1/2026

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16.48.050 | Corpus