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HomeMy WebLinkAbout032509 PARKING PRESENTATION Background The Resort has increasingly become a • year round destination, hence the need for extending the managed parking lots operation . –63% of visitors between September-May –14 special events scheduled in October 2009 Managed parking ensures spaces are • available for visitors and residents. –All existing parking garages are managed all year; surface lots are not. Current parking meter rates were set in • 1984. 1 Parking Operation and Revenue Changes Parking MetersIncrease metered parking – rate to $1 per hour and extend meter parking operations to November 1. •Wording change to Sec 21-322 of the City Code by removing $.75 hourly rate •Wording change to Sec 21-324 extend paid parking by one month to November 1 •Metered parking rate and time period is the only parking operation issue addressed by the City Code •Rate remains below comparable City meter rates (Norfolk $1.40 in downtown zone) 2 Parking Operation and Revenue Changes Extension of paid parking season • for surface parking facilities –From October 1 to November 1 –No city code or resolution has established limits on seasonal operations Elimination of the Free Wednesday • Program. –Resolution was adopted by City Council for the 2003 resort season only. The program was extended to allow further time to evaluate its effectiveness. –There has been no measureable increase in residents using the parking facilities on Wednesday. –Given the resolution expired in 2003, no further action by City Council is required. 3 Summary Proposed changes will: 1.Allow better asset management in extended season 2.Provide minimum impact on local residents 3.Bring Resort Area meter rates into closer alignment with market rates 4.Provide some additional revenue to the Parking Enterprise Fund to support maintenance and operations of resort parking assets 4 NEXT STEPS 1.City Council approves ordinance change for parking meter rate and extension of metered parking season to November 1. 2.City Council endorses the extension of paid parking at the municipal surface lots to November 1. 5