Common use of Use of Allocated Community Parking District Funds Clause in Contracts

Use of Allocated Community Parking District Funds. 1. An allocation of parking meter or other parking management-related revenue to a Community Parking District shall be made only from new or prospective revenues resulting from meter installations or the implementation of other parking management activities within the District, and the allocation shall not result in any reduction of current City revenues or anticipated increases in City revenues.

Appears in 4 contracts

Samples: Neighborhood Parking Program Agreement, Downtown CPD Neighborhood Parking Program Agreement, Downtown CPD Neighborhood Parking Program Agreement

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