The Parking Authority shall have power to take all steps and proceedings and to make and enter into all contracts or arguments necessary or incidental to the performance of its duties in the execution of its powers under this subchapter and as provided by statute; provided, that any contract relating to the financing or the acquisition, construction, extension or improvements of off-street parking facilities or of any trust indenture relating thereto shall be approved by the Council of the city.
(1991 Code, § 2-61) (Ord. passed 3-5-1970)