(a) In any of the parking meter zones established by Section 363.02 or any part or portion thereof, the Police Department, under the direction of the Mayor, may cause parking meters to be installed or removed at such individual spaces in such zones as are, in its discretion, available for the parking of vehicles.
(b) They may also place throughout any of the parking meter zones parking meter fine depositories as in their discretion are advisable, such parking meter fine depositories to be installed upon the parking meter standards. There shall be plainly indicated upon each parking meter installed under the provisions of this section the time limitation for parking in such space. (1972 Code §13-11-3)