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6/27/67
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ORDINANCE NO. 1222
AN ORDINANCE OF THE CITY OF NEWPORT BEACH ADDING
SECTION 12.44.025 TO THE NEWPORT BEACH MUNICIPAL
CODE CREATING A SPECIAL CAPITAL IMPROVEMENT FUND
KNOWN AS THE OFF- STREET PARKING FACILITIES FUND
The City Council of the City of Newport Beach does
ordain as follows:
SECTION 1. Section 12.44.025 is added to the Newport
Beach Municipal Code to read:
"12.44.025 Creation of Off- street Parki Facilities
Fund. u— rsuant to the authority contained in Section 1113
the City Charter, a special capital improvement fund to
be known as the Off- street.Parking Facilities Fund is hereby
created. Fifty percent (50 %) of the gross meter fees
collected as a result of the operation of parking meters
within the on- street parking meter zones, as presently es-
tablished by Section 12.44.020 or as the same may in the
future be amended or revised, shall be deposited in said
fund, with the exception of fees derived from the operation
of parking meters on 15th Street between Ocean Front and
Newport Bay in Zone Six, all of which are considered to be
serving recreational needs. The foregoing allocation of
parking meter fees shall not apply to fees derived from the
operation of any on- street parking meters in zones estab-
lished in the future which meters are determined by the City
Council to be in areas which are primarily used to serve
recreational needs.
Said fund shall be used only for purposes of the acqui-
sition, development, and improvement of publid�vff- street
parking facilities located within the general vicinity of
the parking meters contributing to the fund, and for any
expenditures necessary or convenient to accomplish said
purposes.
For purposes of this section, the term 'off- street
parking facilities' shall mean public parking lots, garages,
structures, buildings and appurtenances for the parking of
motor vehicles."
SECTION 2. This ordinance shall be published once 3n
the official newspaper of the City, and the same shall be effec-
tive 30 days after the date of its adoption.
This ordinance was introduced at a regular meeting of
the City Council of the City of Newport Beach held on the 12th
day of June, 1967, and was adopted on the 26th day of June, 1967,
by the following vote, to wit:
ATTEST:..
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City Clerk
AYES, COUNCILMEN: Rogers, Parsons,
Marshall, Cook, Forgit, Shelton
NOES, COUNCILMEN: None
ABSENT COUNCILMEN: Gruber
2.
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