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The Board may sell or lease any land or property acquired for parking places or transit purposes which is not needed therefor. Any money received from such sale or lease may be used for the acquisition, construction or improving of other parking places or transit facilities in the parking or transit district. It may also be applied as a credit on any assessments levied for the acquisition of such property, in which case the provisions of Section 250.219 shall apply.
(Added by Ord. 225-81, App. 5/5/81)