§ 27-72-404 - Receipt and expenditure of money.
27-72-404. Receipt and expenditure of money.
Any municipality shall be entitled to receive and to expend state aid street moneys in conjunction with moneys furnished by the municipality or available federal funds on state aid streets within the municipality, provided that:
(1) The state aid street system has been designated;
(2) The city has a legally adopted improvement code for city street construction or presents a street improvement plan prepared by a registered professional engineer;
(3) An annual street improvement program has been approved by the state aid engineer;
(4) The state aid engineer determines that the street improvements are determined to be adequate based on the local conditions and are not in conflict with federal regulations.