(A) The city shall extend parking privileges to any person for any one vehicle at a time at metered spaces without the payment at the meter, in exchange for the payment of $50 per year.
(B) The payment shall be for a period from July 1 of each year, to June 30 of the following year, which period shall correspond with the fiscal year of the city.
(Prior Code, § 72.031) (Ord. passed 1-19-1990; Ord. 91-7, passed 8-12-1991)