The city may finance parking facilities by any one or any combination of the following methods:
(A) General obligation bonds within the legal debt limitations, or revenue bonds payable primarily or solely out of revenue from parking facilities in such amounts, at such rate of interest, and upon such conditions as may be prescribed by the legal authority of the city;
(B) Special or benefited assessments equal to the actual cost of the parking facilities, or a portion thereof, such assessment to be levied against property benefited in proportion to the benefited derived, the amount of such assessment to be determined in accordance with special assessment practices for local improvements as now or hereafter prescribed by this subchapter or Charter provisions of the city;
(C) Parking fees, special charges or other revenue derived from the use of off-street parking facilities by motorist, lessees, concessionaires, commercial enterprises and others;
(D) General Fund appropriations;
(E) Parking meter revenue;
(F) General property taxes or gift, bequest, devise, grant or otherwise; and
(G) (1) A reasonable annual fee on the privilege of occupying real property within the city or a district of the city to carry on a business, occupation, professional trade. In levying the fee, the city shall take into consideration the unmet off-street parking requirements of such business.
(2) The proceeds of the fee, less refunds and cost of collection, shall be used solely for the purposes of O.R.S. 223.805 through 223.845. The fee is in addition to, and not in lieu of, any other tax, assessment or fee required by state or local law or ordinance.
(Prior Code, § 33.48) (Ord. 365, passed 4-14-1997)