[Adopted 5-8-1972 by Ord. No. 744[1]]
[1]
Editor's Note: This ordinance was adopted
pursuant to the Act of February 1, 1966, P.L. (1965) No. 581, § 1202(32)
[53 P.S. § 46202(32)].
A fund is hereby established, titled the "Downingtown
Borough Parking Fund." The moneys in said fund shall be deposited
in any banking institution within the Borough of Downingtown.
A.
All moneys donated or granted to the Borough for the
purpose of creating or maintaining parking facilities or the improvement
of parking control by any person or other legal entity, including
governmental bodies, shall be deposited by the Borough in said fund.
B.
All receipts and or license fees arising from the
occupancy of parking spaces within the Borough shall be deposited
within said fund. Said receipts and or license fees shall include
fines or penalties arising from the violation of the Borough's ordinances
establishing and enforcing parking regulations.[1]
The fund shall be used for the creation and
maintenance of parking facilities within the Borough and for the improvement
of parking and general traffic control therein, including but not
limited to the salaries of persons exclusively involved in such endeavor
and the study of means by which such ends may be accomplished. Additional
funds may be appropriated from the Borough general funds to augment
this fund if necessary.
The President and Secretary of the Council are
hereby directed to create the necessary deposit accounts to the best
interests of the Borough.
