How parking meter money is collected and used

(a) It shall be the duty of the director of public works, or their designee by private contract or internal assignment, to make regular collections of the money deposited in the meters and it shall be the duty of the person so designated to remove from the parking meters coins deposited in the meters. Such person shall service the parking meters, count the coins from the parking meter, determine the value of the coins collected, and deposit the coins in a fund entitled “parking meter fund” to be created and held by the department of finance. (b) The director of finance shall direct some member of the finance department to make periodic checks of the parking meters and collection procedure. (c) The coins required to be deposited in parking meters are levied and assessed as fees to provide for the purchase, rental, acquisition, supervision, collection, use, protection, inspection, installation, operation, maintenance, control, and regulation of parking meters, of off-street parking spaces, of the parking of vehicles, and of other facilities and properties incidental to the regulation and control of traffic and in promoting the safety and well being of the public in handling of traffic upon the streets. VEHICLES AND TRAFFIC § 24-221 Subdivision 2. Use of Parking Stalls for Construction or Special Events.