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<br />Flores, Dora <br />From:Roberto Correa <rcorrea@spplus.com> <br />Sent:Tuesday, February 16, 2021 2:38 PM <br />To:eComment <br />Subject:Agenda Item #19 (2 Hour Validated Parking) <br />Hi, <br /> <br />I am writing to convey the lost value of providing 2 hours of validated parking. <br /> <br />Based on February month-to-date numbers, there were 12,739 tickets with the 2 hour validation. Of <br />the 12,739 tickets, reducing the time parameter from 2 hours to 1 hour would have resulted in 6,894 <br />revenue-generating tickets. <br /> <br />With the current rate table of $.75 per 30 minutes ($1.50 an hour), the 4 parking structures could <br />have generated an additional $10,341 (6,894 @$1.50) in parking revenue. <br /> <br />Respectfully, <br /> <br />Robert Correa <br />Regional Manager <br /> <br />p: 213-488-3114 <br />m: 347-414-4288 <br />e: rcorrea@spplus.com <br />SP+ Corporation <br />3470 Wilshire Blvd, Suite 400, Los Angeles, CA 90010 <br />spplus.com | parking.com | bagsinc.com <br /> <br /> <br />Legal Notice: This message is intended for the addressee(s) only and, unless expressly stated otherwise, is confidential and may be <br />privileged. If you are not an addressee, (i) please inform the sender immediately and permanently delete and destroy the original and any <br />copies or printouts of this message, and (ii) be advised that any disclosure, copying or use of the information in this message is unauthorized <br />and may be unlawful. <br />1 <br />