All or any part of the revenues from the park facility fees assessed and levied pursuant to the provisions of this chapter may, at the sole discretion of the city council, be appropriated in the manner hereinbefore provided by this chapter for the purpose of acquiring and/or developing city-owned community or neighborhood park facilities which are or will be operated by the Chico area recreation and park district pursuant to the terms and conditions of a lease or other operating agreement between the city and the Chico area recreation and park district if, at the time of making such appropriation, the council has determined that the use of such revenues for such purpose will serve the best interests of the city and its residents.
(Ord. 1956 §1 (part))