(A) It shall be the duty of the Chief of Police and the City Treasurer to make regular collections of the money deposited in the parking meters and deposited in the funds of the Parking Meter Account.
(B) The proceeds from the parking meters are required and shall be used to defray the expenses of the property regulation of traffic upon the public streets of the city to provide for the costs of supervision, regulation and control of the parking meter zones and to cover the costs of purchase, supervision, protection, inspection, installation, operation, maintenance, control and use of parking metes and for the repair and maintenance of the public streets of the city.
(Ord. 88-02, passed 2-2-88)