It's a funny, well-executed idea, but issuing official-looking city documents with "City of Mountain View" as the header and all of your identifying information is a great way to get written up by the police department.
// sorry to be a killjoy
This is just innovative guerrilla marketing.
I really don't get the "word I typed is in the dictionary, but autocorrect thinks it found something better" use case.
The money he gives out is legal tender - $2 bills bought in sheets from the mint (they're his "local printer," you see). He just cuts them up and makes various unique forms of moneybook out of them, and he's OK with giving them out at below face value because the ensuing hilarity is worth it to him.
That's very different from making a fake document on official government letterhead or representing itself as a government document.