The Village-owned parking lot at 361 Broadway is hereby established
as a long-term parking lot. Vehicles shall be permitted to park in
such parking lot 24 hours per day on a daily-, weekly- or monthly-fee
basis, and the lot shall be open to both private and commercial vehicles.
The Board of Trustees shall by resolution establish a schedule of
fees for the use of such parking lot space. Such fees shall be based
on a daily-fee basis, a weekly-fee basis and a monthly-fee basis,
and parking shall be limited to those persons who have paid fees for
the space or spaces which they wish to occupy in the aforesaid parking
lot. The Village Board of Trustees is given the power under this article
to open or close such parking lot at such times and under such conditions
as they deem appropriate, depending on the need of the Village for
its use and such other factors as may be deemed relevant by them.
The schedule of fees shall be enacted by resolution by the Board of
Trustees and shall be kept on file at the office of the Village Clerk.
The Village Clerk shall receive all fees, keep a record of fees collected
and shall credit such fees to the general fund.