As authorized and required by West Virginia Code Article 8-16, the right is reserved to Council to change and readjust the rates or charges established by this article, from time to time, so that the revenues from the project will be sufficient in each year for the payment of the proper and reasonable expenses of operation, repair, replacements and maintenance of such project and also to provide for payment of the required sums into the “Parking Facilities Bond and Interest Redemption Fund” so that the aggregate amounts so paid into such fund from the revenues of such project will be sufficient to discharge the interest on and the principal of the revenue bonds issued or to be issued by the City for account of such project, all as provided by the ordinance pursuant to which such bonds have been or are to be issued.
(1968 Code §15-154)