06-20-1966 - Laserfiche WebLink

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right to control the operation of the parking, the charging of parking fees, the development of the properties and the sale or trade of such properties so long as the city shall continue to maintain the number of parking stalls envisioned in the program~ but the location of the facilities based upon most effective service to the participating businesses shall stay with the city. Regarding' specifically parking in the retail core of the "city center", he recommended the city participate in the following manne~ circumstances~ and understandings: That the entire initial lot acquisition cost be borne by private interests and that the lots belong in fee to the city without restrictions of any kind. That all costs, other than acquisition and development and all revenues accruing from parking facilities within the area be the sole responsibility of the city without limitation as to fund source or disposition including maintenance~ policing and operational policy making. That the city use the money available in the Parking Meter Fund as Miscellaneous Reserve (which should total approximately $285,000 by the time it would be needed in total) to develop the properties as reccmmended in their item~4o That from funds of the city's choice an annual contribution ultimately totalling no more than initial acquisition costs be expended to cover operating and expansion activities in the area so long as the city is satisfied that the downtown property owners and businessmen are acting to add the other ingredients essential to over-all revitalization. It is reco~m~ended that this amount be placed at $120,000 per year. That the c±ty retain the prerogative to sell~ trade or otherwise relocate the initial or subsequently acquired parking facilities determined necessary to serve the greater public interest so long as equivalent facilities to those privately acquired are provided. Following discussion and questions~ Mayor Harvey suggested the matter be placed on the J~ly 18th agenda and the Downtown Parking Committee be prepared tosubmit a surmnary of its ideas on the report. CITY ATTOBNEY'S REPORT On motion of Coanc~lman Gilmore~ seconded by Councilman Brooks and carried~ Council agreed to consider in executive session at the next regular meeting the former City Attorney's report regarding appeal to Superior Court of decision concerning Norton vs. Santa Aha. SOAPBOX DERBY On motion of Councilman Brooks~ seconded by Councilman Burk and carried~ Council approved~request fo~ motorcade pub~cizlngSouthern Califorala finals of the Soapbox Derby July 17~ 1966~ TRAFFIC CONTROL The City Manager presented Council with a report from the Director of Public Works entitled, "Policies on T~affic Control Devices" dated Jume 30, 1966. CITY COUNCIL - 563 - July 5, 1966~