There is hereby created a fund to be known as the Parking Meter Fund, into which all moneys received from meters collected under the Parking Meter Chapter shall be paid, and which moneys shall be used for such purposes as all costs and expenses of parking meters, off-street parking lots, traffic control, traffic officers’ salaries, costs and expenses of motorcycle operation and traffic engineering, and from which fund all claims approved by the Council for such purposes shall be paid.
(1995 Code, § 1.28.040)