ARTICLE 5 PARKING ENTERPRISE
SECTION:
14.5.101: Legislative Declaration
14.5.102: Delegation Of Authority
14.5.103: Enterprise Status; Accountability; Contracts
14.5.104: Rules And Regulations
14.5.101: LEGISLATIVE DECLARATION:
The City of Colorado Springs takes great pride in the diversity of its downtown and the surrounding community. City Council has determined that adequate public parking plays a key role in maintaining this diversity and stimulating a healthy downtown economy. City Council has therefore included City owned parking facilities among the strategic assets of the City. City Council hereby declares that, while protecting the integrity of historic neighborhoods surrounding the downtown area and other major activity centers throughout the City, self-supporting public parking facilities are essential to the general health, safety and welfare of the citizens. (Ord. 01-42)
14.5.102: DELEGATION OF AUTHORITY:
   A.   The Parking Manager shall be responsible for the administration and management of the parking enterprise. The Manager is authorized to promulgate administrative rules and regulations for the operation of the enterprise and for the conduct of patrons.
   B.   City Council reserves the right to set parking fees and appoint an advisory board or committee to act in an advisory capacity to the Manager and City Council in matters pertaining to the planning, development, improvement, beautification, equipping and maintaining the parking structures and parking related facilities. Any advisory board or committee appointed shall be created by ordinance and shall be subject to and shall comply with the provisions of City Charter subsection 3-60(d) and section 9-10, this Code and the rules and procedures of Council. (1968 Code §6-26-9; Ord. 75-86; Ord. 79-32; Ord. 85-263; Ord. 01-42)
14.5.103: ENTERPRISE STATUS; ACCOUNTABILITY; CONTRACTS:
   A.   Enterprise Operation: The parking structures and parking related facilities are collectively an enterprise operation of the City of Colorado Springs. The Manager shall operate the enterprise to ensure:
      1.   The enterprise remains a self-sustaining government owned business which may issue its own revenue bonds;
      2.   The enterprise continues to receive over seventy five percent (75%) of its annual nondebt revenue from nongovernment sources; and
      3.   The enterprise continues to receive under ten percent (10%) of its annual revenues in grants from all Colorado State and local governments combined.
   B.   Accountability:
      1.   All claims against the enterprise operation shall be in accord with chapter 1 of this Code.
      2.   In accord with the provisions of chapter 1 of this Code, the City Auditor shall have those duties and responsibilities imposed by City Council to ensure the public accountability of the enterprise operation.
   C.   Contracts:
      1.   The Manager is authorized to execute all necessary contracts and agreements in the name of the enterprise. Contracts executed in the name of the enterprise shall be deemed to have been executed by the City of Colorado Springs on behalf of its enterprise and shall be legally enforceable by the City or the enterprise against third parties and by third parties against the City or enterprise to the same extent that would occur if the business contract had been executed by the City of Colorado Springs on behalf of its enterprise. In addition, all contracts executed in the name of the enterprise shall be interpreted or construed by any reviewing court as having been executed by the City of Colorado Springs on behalf of its enterprise.
      2.   The Manager is authorized to execute all enterprise contracts and agreements except those which by the City Charter, this Code or other controlling law are required to be executed by a municipal officer of the City. The Manager may delegate signatory authority by administrative regulation to staff reporting to the Manager and may provide by administrative regulation for the further delegation of signatory authority.
      3.   Real or personal property donated to or acquired by the enterprise shall be held in the name of the City of Colorado Springs. (Ord. 01-42)
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