Section 14-301 Rental of on-street metered parking space to banks and savings and loans.
Prior to the adoption of 15518 on 02/16/1998, Section 14-301 read as follows.
On-street metered parking spaces shall be available for rental
to banks and savings and loans
on any street in the central business district, except Broadway, subject to the following
(1) Metered parking spaces shall be
available under the provisions of this section only to
banks and savings and loans chartered under the laws of the United States Government or the
State of Missouri.
(2) Banks and savings and loans desiring
such parking spaces shall make application to the
director of public works who shall issue a permit designating the location and rental rate of the
(3) A maximum of six (6) on-street
metered parking spaces may be rented by any one (1)
bank or savings and loan when such spaces are available on streets immediately adjacent to and
on the same side of the streets as the bank or savings and loan.
(4) Banks and savings and loans renting
such parking spaces shall pay three hundred twelve
dollars ($312.00) per space per year.
(5) Banks and savings and loans renting
such parking spaces shall place hoods on the
parking meters at such parking spaces which shall provide that the spaces are paid for by the
banks or savings and loans and shall designate the applicable parking restrictions. Parking may
be restricted only during the hours of 8:00 a.m. to 6:00 p.m. weekdays, and from 8:00 a.m. to
noon on Saturdays. The hoods shall designate the hours of parking restrictions, and shall be
removed from the meters during all other hours.
(6) The City of Columbia shall not
be responsible for enforcing parking restrictions during
the times the spaces are rented to banks or savings and loans under this section.
(7) Spaces rented to banks or savings
and loans under this section may be withdrawn by the
city manager upon twenty-four (24) hours' notice to the banks or savings and loans which have
rented such parking spaces; provided, however, that such banks or savings and loans shall be
entitled to a pro rata refund of any prepaid rent.
(Code 1964, § 12.766; Ord. No. 10182, § 2, 5-21-84)