Section 35413 Of Chapter 3. Bonds, Acquisitions And Improvements From California Streets And Highways Code >> Division 18. >> Part 4. >> Chapter 3.
35413
. The ordinance, resolution, or indenture providing for the
issuance of the bonds may also provide for the installation of
parking meters on the public ways within the district, to the extent
they have not already been installed, for the maintenance of meters
on the public ways for the period of time specified in the resolution
of intention, for the fixing and enforcement of parking meter rates,
for the establishment of a special fund into which the net revenues
(or portion thereof as specified in the resolution of intention)
shall be paid, and for the allocation and pledge of the net revenues,
or portion thereof, to the payment of the bonds and the interest
thereon, to the payment of operation and maintenance costs of the
parking facilities, and to the establishment and maintenance of any
reserve funds, sinking funds or other funds designed for securing or
paying bonds and the interest thereon.