Title
Action on Resolution 18-078, A Resolution Setting Fees for Permitted Parking in Municipal Parking Lots.
Body
Summary:
The City is implementing a permit parking program for tenants in the downtown B-1 area. The City will make available 10 parking stalls in the City’s 72-hour parking lot located on the west side of 3rd Avenue between 4th Street and 5th Street. This resolution will set fees for the permit parking program.
Background:
The City received a request from a downtown tenant to consider implementing a downtown permit parking program to allow vehicles to park in a City lot for a longer duration due to the limited overnight street parking in the downtown area. Staff drafted a permit parking program which will be made available to tenants in the B-1 area. The permit parking would allow a six month license for $100 or annual for $180.
As a new program, the utilization will be monitored and adjusted according to demand. Initially, ten parking stalls will be made available on the 3rd Avenue and 5th Street parking lot. Should the demand warrant more stalls, staff can adjust available reserved parking stalls.
The permit parking program will be administered by the City Engineering Department. This Resolution will set the fees for the parking permits.
Fiscal Impact:
The City will have initial costs of signage and vehicle tags and will receive revenue from the downtown permit parking fees.
Recommendation
Recommendation:
Recommend approval of the resolution.
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Attachments:
Resolution
Map