§ 1006. Vehicle license taxes.

(a)

Use of tax. Subject to the right of the City Council to appropriate not to exceed three percent thereof to the firemen's pension fund, all sums derived from license taxes collected by the City for licenses upon all vehicles of every kind and class licensed by the City shall be appropriated and used exclusively for maintaining, adorning, constructing, repairing, renovating and otherwise improving, in whole or in part, the parks, parkways, boulevards, highways, or other facilities, which belong to the City, and are under the control and management of the Board of Parks and Recreation Commissioners.

(b)

Duty of Director of Finance. The Director of Finance from time to time as the license taxes are collected and paid into the City treasury, will credit the taxes to the Park and Boulevard Special Maintenance Fund.

Editor's note

This section becomes effective on March 1, 2007.