[HISTORY: Adopted by the City Council of the City of Hackensack 2-17-1958 as Ord. No. 669. Amendments noted where
applicable.]
The several public parking lots established and maintained by the City
of Hackensack for the off-street parking of vehicles, and the on-street parking
facilities and the parking meters maintained in connection therewith, shall
henceforth be conducted and operated by the City of Hackensack as a single
publicly owned or operated utility or enterprise and shall be called a "public
parking system," and all moneys derived from the operation of such utility
or enterprise shall be segregated by the city and kept in a separate fund
which shall be known as the "Public Parking System Fund," and, except as otherwise
provided by statute, shall be applied only to the payment of the operating
and upkeep costs and the interest and debt redemption charges upon the indebtedness
incurred in and about the creation of such public parking utility or enterprise,
but the inclusion of the on-street parking area or facility shall not constitute
construction, improvement, policing, regulation or maintenance costs or indebtedness
of streets as costs or indebtedness incurred for or with respect to such public
parking system.
