§ 51-1. Dedication of excess revenues.  


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  • In accordance with the provisions of N.J.S.A. 40:5-2.11 and any amendments thereof or supplements thereto, all revenues heretofore or hereafter derived from parking meters in excess of the cost of purchase, installation, maintenance, overtime parking enforcement and operation thereof are hereby dedicated to the sole and exclusive purpose of the creation, purchase, construction and maintenance of off-street parking facilities.