The Director of Finance shall establish a Shared Mobility Fund for the purpose of supporting the expansion of multi-modal infrastructure and programming. All permit and per-trip fees collected or received under this chapter shall be earmarked to the Shared Mobility Fund to support multi-modal infrastructure and programming, including bicycle and mobility device racks and shared bicycle and mobility device infrastructure. The Director of Capital Projects shall provide an annual report to the members of Council concerning the amount of revenue collected and deposited into the Shared Mobility Fund and how the funds were spent during that reporting year.
(Ord. No. 464-2019. Passed 6-3-19, eff. 7-5-19; Am. Ord. No. 396-2020. Passed 6-3-20, eff. 6-9-20