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Community Development Agency <br />.� www.santa-ana.org/community-development <br />Item # 16 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />March 18, 2025 <br />TOPIC: Parking Enterprise Fund Updates for Meters and Structures <br />AGENDA TITLE <br />Parking Enterprise Fund Updates for Meters and Structures <br />RECOMMENDED ACTION <br />1. Approve parking rates for City -owned parking structures to $2.00 per hour with <br />annual increases of $0.50 per hour until a maximum of $3.00 per hour is attained. <br />2. Direct staff to prepare a Resolution establishing parking rates for the City -owned <br />parking structures and reaffirming the City Manager authority to modify future <br />parking structure rates after the third annual increase as needed. <br />3. Approve the parking meter rates to $2.50 per hour with annual increases of $0.50 <br />per hour until a maximum of $3.50 per hour is attained. <br />4. Direct staff to amend the meter ordinance establishing parking meter rates and <br />hours of operation, eliminating metered parking fronting residential in the Willard <br />Neighborhood, and authorizing the City Manager to modify future meter rates after <br />the third annual increase as needed, to mirror the authority of the City -owned <br />parking structures. <br />GOVERNMENT CODE §84308 APPLIES: No <br />DISCUSSION <br />At the February 18, 2025, City Council meeting, the Community Development Agency <br />(CDA) held a work study session on the Parking Enterprise Fund, covering: <br />• Parking meters and structures' operations and background <br />• Budget data for meters, structures, and downtown enhancements <br />• Council considerations for subsidized parking initiatives <br />• Key points on meter ordinance adjustments <br />At the conclusion of the work study session, Council requested suggestions on parking <br />rates for structures and meters, hours of operations for meters, information about <br />