There is hereby created the Transportation Management Fund, a special fund created for transportation related matters, including, but not limited to, acquisition of land, development of parking facilities, and support of parking operations, shuttle buses, or similar transportation oriented issues. All interest accrual will be maintained in the fund. The City Council will annually determine how the Transportation Management Fund is to be expended to benefit the existing parking districts.

All fees collected for new parking adjustments granted after July 1, 1994, shall be directed to the Transportation Management Fund. (Ord. 3405 § 6, 2008; Ord. 3153 § 6, 1994)