(a) It is the policy of the city to enhance the quality of life and stimulate economic development within the area defined by the City Center Strategic Vision Plan by creating a partnership between the city and the community that efficiently and creatively utilizes parking resources to improve the overall accessibility and environment of the region. Park Tucson will be responsible for focusing, coordinating, and supporting the city’s role in parking issues.
(b) The primary funding source for this program is parking revenues. Therefore, the city will establish, upon adoption of this article, a “Park Tucson reserve of fund” account within the general fund to enable monies generated by Park Tucson to be carried forward from year to year to be reinvested into parking and other related public improvement projects within the city center as approved by the mayor and council.
(c) Although the primary focus of Park Tucson will be within the city center, mayor and council may direct Park Tucson to implement and manage self-supporting parking programs in other areas of the city should the need arise. The city manager or the manager's designee may enter into agreements with private property owners to operate and manage parking lots and parking structures, so long as Park Tucson covers its anticipated costs out of anticipated revenues from the agreements.
(Ord. No. 10418, § 1, 6-12-07; Ord. No. 10918, § 1, 8-9-11; Ord. No. 11400, § 1, 9-20-16)