§ 18-2-305. METERS AND RATES.

(a)

Prohibitions. At any time when any revenue bonds or mortgages issued by the county Revenue Authority for the purpose of financing the construction, acquisition, and improvement of off-street parking facilities in the county are outstanding and unpaid, the county may not:

(1)

(i)

Reduce the total number of on-street single-space parking meters installed on the streets of the county as of the date the bonds were issued; or

(ii)

Reduce the size of or eliminate a parking meter zone established as of the date the bonds were issued, if the county replaces single-space parking meters with multi-space parking meters; or

(2)

Reduce the rates charged for the use of parking meters as of the date the bonds were issued.

(b)

Authority. Notwithstanding subsection (a) of this section, the county may:

(1)

Increase the total number of on-street parking meters installed on the streets of the county;

(2)

Move on-street parking meters from location to location; and

(3)

Increase the rates charged for the use of on-street parking meters.

(1988 Code, § 21-135) (Bill No. 66-01, § 2, 7-1-2004; Bill No. 75-08, § 1, 8-17-2008)