§ 130-134. Deposit of funds; account.

(a)

Funds generated by the fee-in-lieu program pursuant to subsections 130-132(a) and (b) above, collected prior to March 20, 2010, shall be deposited in a city account (divided into three districts, for north, middle and south) specifically established to provide parking and related improvements in the vicinity (within the north, middle or south district, as applicable) of the subject property. Funds generated by the fee in lieu of electric vehicle parking shall be deposited into the Sustainability and Resiliency Fund established in chapter 133 of the land development regulations. Expenditures from these funds shall require city commission approval.

(b)

Funds generated by the fee-in-lieu program pursuant to subsection 130-132(a) and (b) above, collected after March 20, 2010, shall be deposited in a city account (divided into three districts, for north, middle and south) specifically established to provide parking, transportation and mobility related improvements and programs in the vicinity (within the north, middle and south district, as applicable) of the subject property. Expenditures from these funds shall require city commission approval.

(c)

Such parking, transportation and mobility related improvements and programs may include:

(1)

Parking garages and related facilities.

(2)

Transit capital funding:

a.

Purchase of buses for circulator routes.

b.

Bus shelters.

c.

Transit infrastructure.

(3)

Traffic improvements:

a.

Traffic signals.

b.

Signal timing operations.

c.

Lane modifications.

(4)

Bicycle facilities:

a.

Bicycle lanes and paths.

b.

Bicycle racks and storage.

(5)

Intelligent transportation systems:

a.

Electronic message boards.

(6)

Pedestrian improvements:

a.

Crosswalks.

b.

Traffic signals.

(7)

Pedestrian facilities:

a.

Beachwalk.

b.

Baywalk.

(8)

Other parking, transportation and mobility related capital projects as may be specifically approved by the city commission.

(9)

In addition, transit operational funding for newly introduced transportation enhancements and program expansions (limited to operational, nonadministrative costs only, i.e., drivers, fuel, maintenance and insurance) may be included if expressly approved by the city commission.

(d)

The planning department shall maintain a map which includes a listing of the north, middle and south districts and accounts.

(e)

Any fines or penalties collected pursuant to chapter 106, article II, division 3, entitled "construction management plan," after administrative expenses shall be placed in the fee in lieu of providing parking account; reflected as being paid by the party responsible for the fine or penalty; and expended by the city as provided under subsection (c) above.

(Ord. No. 89-2665, § 7-7(C), eff. 10-1-89; Ord. No. 93-2882, eff. 10-1-93; Ord. No. 2010-3676, § 1, 3-10-10; Ord. No. 2015-3943, § 1, 6-10-15; Ord. No. 2016-3988, § 3, 1-13-16)