The Parking Meter Fund is hereby created and the Treasurer of the City is
hereby directed to deposit to the credit of the fund all fees or money received
on account of collections from present or future installations of parking
meters. All disbursements from such fund shall be in conformance to
regular budget procedure.
Whenever the City Treasurer shall deem it advisable to dispose of slugs and
tokens received in collections from the City’s parking meters and which are not
lawful monies of the United States, he shall sell, cash, redeem or destroy the
slugs and tokens and shall deposit all sums so realized to the credit of the
Parking Meter Fund.