Sec. 37-281. - Authorization and fund.
Sec. 37-282. - Parking validation program.
Secs. 37-283—37-290. - Reserved.
Sec. 37-281. - Authorization and fund.
There is hereby established in the city treasurer's office a new enterprise fund, which shall commence as of August 1, 1993, and beginning in fiscal year 1995 shall be included in the annual operating budget ordinance, and which shall be a special fund to be known as the "Downtown Parking Validation Program Fund" to be funded by parking meter revenues. The purpose of the fund is to cover the costs incurred in administration of the program herein authorized.
(Ord. No. 93-047, § 1, 7-8-93)
Sec. 37-282. - Parking validation program.
(a)
Participation. The parking validation program shall consist of a service to be coordinated by the department of commerce and the economic development corporation ("WEDCO") to enable participating merchants, businesses and firms to validate the parking of their respective customers or clients, provided that a minimum threshold amount worth of purchases or fees incurred shall be required. The participating merchant, business or firm shall provide to the eligible customer or client a stamp equivalent to one hour of free parking at any participating off-street parking facility, the full cost of a DART one-way bus fare, or an amount off the price of a taxicab fare.
(b)
Costs. The cost of the parking validation program shall be borne by the participating merchant, business or firm, the participating parking facility and the city.
(c)
Administration. WEDCO is hereby authorized to promulgate rules and regulations approved by the department of commerce in connection with the administration of the downtown parking validation program, subject to the approval of the administrative board. Such rules and regulations may include but not be limited to the determination of initial funding, establishment of printing and promotional material, program support material, designation of a full-time agency person to administer and manage the program, and establishment of legal agreements subject to approval of council for participants, banks, parking facilities, bus and cab companies as may be deemed necessary.
(Ord. No. 93-047, § 1, 7-8-93)