The parking authority shall have the following powers, in addition to those granted by KRS 67A.910 through 67A.928 and other applicable statutes:
(1) To install, lease, construct, maintain, manage, operate, repair, acquire, own, finance and control new and existing parking facilities and structures;
(2) To plan, design and locate parking facilities and structures;
(3) To make and execute contracts and other instruments necessary or convenient to the exercise of its powers;
(4) To hire and maintain such staff personnel as may be required;
(5) To purchase, lease, obtain an option upon, acquire by gift, grant, bequest, devise or otherwise any real or personal property including air space, and any interest therein, together with any improvements thereon; to demolish buildings and clear improvements from any of its real property and dispose of any personal property resulting therefrom; to dispose of any real or personal property at fair value; to rent, lease, construct, maintain, manage, operate, repair parking facilities and structures and other real property located within or within reasonable proximity to the parking districts;
(6) To contract with any suitable and qualified person, firm or corporation for construction, operation and/or management of any parking facility or structure as is found to be in the public interest;
(7) To borrow from and to accept loans and grants from the federal, state, urban county government or any agency thereof, or from any sources, public or private, and to pledge such security as may be required;
(8) To issue its bonds, notes, or other obligations to finance or refinance any of its purposes or operations, including the acquisition, construction, installation, equipping, repair, maintenance, renovation, or improvement of parking facilities and structures, or to refund any obligations previously issued by the Lexington and Fayette County Parking Authority or any other governmental agency for any such purpose;
(9) To request the urban county council to levy an ad valorem tax and/or a occupational license tax to finance its operations;
(10) To install, lease, construct, maintain, manage, operate, repair, acquire, own, finance and control all parking meters (including bagging) in the urban county area;
(11) To enforce all non-moving traffic violations connected with such meters or parking facilities and structures which the parking authority maintains, operates, owns or manages;
(12) To fix, set and proscribe reasonable rates, charges and expenses for parking at all meters, parking facilities or parking structures which the parking authority maintains, operates owns or manages;
(13) To manage and enforce the residential parking permit program within the urban county area;
(14) To make, and from time to time amend and repeal bylaws, rules and regulations in order to effect the purpose of this chapter;
(15) To grant exemptions or partial exemptions from any ad valorem tax and/or occupational license tax assessed within a parking district for the purpose of financing a proposed or existing parking authority project; and
(16) To nominate parking citation officers to be appointed by the office of the mayor.
(Ord. No. 329-2005, § 1, 12-13-05)