N.J.S.A. 40:5-2.11 — Use of parking meter revenues for off-street parking facilities.

40:5-2.11 Use of parking meter revenues for off-street parking facilities. 1. The board of chosen freeholders of any county and the governing body of any municipality may by resolution appropriate and dedicate all or any portion of the revenues which it derives from parking meters in excess of the cost of purchase, installation, maintenance and operation of said parking meters, to the purposes of creation, purchase, construction and maintenance of off-street parking facilities. L.1952,c.195,s.1; amended 2001, c.342, s.4.

This is the verbatim text of N.J.S.A. 40:5-2.11, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.