The parking rates for metered on-street parking and public parking facilities owned and/or operated by PARC shall be set by the Parking Authority Commission and shall be adequate to pay the expenses of operating these facilities, provide for the payment of debt service, and allow for the expansion of the consolidated system.
(1999 Lou. Code, § 32.154) (Lou. Res. 287-1986, approved 12-15-1986; Lou. Am. Ord. No. 109-1992, approved 6-29-1992; Lou. Metro Am. Ord. No. 77-2003, approved 4-28-2003; Lou. Metro Am. Ord. No. 64-2005, approved 5-17-2005)