All income received by the city pursuant to rented or leased parking pursuant to Chapter 82, Schedule X, and as a result of voluntary payment of penalties for overtime parking pursuant to § 75.99, shall be retained for the separate and exclusive purpose of maintaining parking spaces, lots and equipment, employing necessary personnel and other expenses related to this chapter or uptown parking. The City Council however, reserves the right at any time to otherwise expend the funds whether or not accumulated for any other purposes whatsoever.
(1980 Code, § 20.612)