(A) All parking permit fee and fines, when collected by the City Clerk, shall be deposited with the City Controller, to the credit of the city, but in a special fund, which shall be disbursed and paid out only under the orders and directions of the Board of Public Works and Safety, and for the following purposes only:
(1) The printing cost of parking permits;
(2) The cost of maintenance, operation and repair of leased parking lots;
(3) Incidental costs and expenses in the operation of the parking lots, including the cost of clerks, parking enforcement officers, bookkeeping and necessary computer and/or database upgrades;
(4) The cost of traffic signal devices used in the municipality;
(5) The cost of repairing and maintaining any of the public ways, curbs and sidewalks surrounding leased parking lots and all public ways connected with them in the municipality;
(6) The cost of acquiring, by lease or purchase, suitable land for off-street parking facilities to be operated or leased by the municipality; and
(7) The cost of providing approved school crossing protective facilities, including the cost of purchase, maintenance, operation, repair and all other incidental costs.
(B) (1) All monies remaining in the city treasury to the credit of the fund shall not revert to the general funds of the city.
(2) Nothing herein contained shall prohibit the Common Council from transferring, by ordinance, at the end of the calendar year, the balance in the special fund to the general funds of the city.
(Ord. A-04-53, passed 9-10-2004)