3.16.160 Use of funds.


The coins deposited in parking meters and the funds collected from the rental or lease of in-vehicle parking regulators shall be used to defray the expense of proper regulation of traffic upon the public streets of the City; to provide for the cost of supervision, regulation and control of the parking of vehicles in parking meter zones, including the use of in-vehicle parking regulators therein; and to cover the cost of purchase, supervision, protection, inspection, installation, operation, maintenance, control and use of parking meters and in-vehicle parking regulators and may be used for such other uses as are proper. (Prior code § 3392B; amended by Ord. No. 1151CCS, adopted 4/8/80; Ord. No. 1658CCS § 7, adopted 12/8/92)