36-9-12-3. Purchase or lease of parking meters

IN Code § 36-9-12-3 (2019) (N/A)
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Sec. 3. A municipality may provide, by ordinance, for the purchase or lease of parking meters. However, the ordinance must provide for the payment of the purchase price or rental fees only from the license fees collected from the parking meters.

[Pre-Local Government Recodification Citation: 18-6-13-2 part.]

As added by Acts 1981, P.L.309, SEC.85.