(A) There is hereby established a non-reverting Harrison Square Parking Garage Operating Fund for the city. All revenues from contract parking, daily/hourly parking, hotel guest and employee parking and interest earnings on any unused funds shall be deposited in the Fund.
(B) The following expenditures may be made from said fund: maintenance, operating and improvement expenses for the Harrison Square Parking Garage.
(C) Disbursements from this fund will be authorized by the Redevelopment Commission and, as required by law, the Common Council. Such disbursements will be used exclusively for the operation, maintenance and improvement of the Harrison Square Garage.
(D) The fund shall be non-reverting until termination of the fund by a subsequent ordinance.
(Ord. S-52-09, passed 4-28-09; Am. Ord. G-15-09, passed 6-9-09)