Any part or parts of the City may be created and operated as a district or districts for the acquisition, construction, improvement, completion, repair, management, reconstruction, administration, maintenance, operation and disposal of public off-street parking places; bonds to pay the cost thereof may be issued and paid; revenues from on- and off-street parking facilities may be allocated and pledged; annual ad valorem assessments may be levied and collected; contributions may be made; covenants and agreements with the bondholders for the security and payment of such bonds may be made; and the Mayor and Common Council shall have the powers, jurisdiction and authority all as now or hereafter provided in the Parking District Law of 1951 (herein called "1951 Act"), excepting as herein otherwise provided.
(Ord. 3589, 7-06-76)