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16. Parking Enterprise Fund Updates for Meters and Structures Department(s): Community Development Agency Recommended Action: 1. Approve parking rates for City -owned annual increases of $0.50 per hour attained. parking structures to $2.00 per hour with until a maximum of $3.00 per hour is 2. Direct staff to prepare a Resolution establishing parking rates for the City -owned parking structures and reaffirming the City Manager authority to modify future parking structure rates after the third annual increase as needed. 3. Approve the parking meter rates to $2.50 per hour with annual increases of $0.50 per hour until a maximum of $3.50 per hour is attained. 4. Direct staff to amend the meter ordinance establishing parking meter rates and hours of operation, eliminating metered parking fronting residential in the Willard Neighborhood, and authorizing the City Manager to modify future meter rates after the third annual increase as needed, to mirror the authority of the City - owned parking structures. MINUTES: Community Development Director Mike Garcia provided a presentation regarding the Parking Enterprise Fund 27. Councilmember Bacerra emphasized the need to generate revenue to support the Clean and Safe program. He requested that staff develop different revenue models that incorporate rates based on peak time usage, rather than relying on flat rates. He expressed concern regarding discrepancies between the reported peak time data presented and information received previously. A discussion ensued to clarify the precise timeframe defining 'peak time" within city parking structures. MOTION: Councilmember Bacerra moved to approve city -owned parking structure rates of $11hour during non -peak periods, with a $0.50 annual increase until a maximum of $2lhour is reached. During peak periods, defined as 5pm to lam Thursday through Sunday, the rate would be $2lhour; approve curbside parking rates of $3lhour, with a $0.50 annual increase until a maximum of $41hour is reached; direct staff to return within 90 days with plans and contracts for removing coin -operated meters and installing pay stations in downtown areas; direct staff to prepare resolutions establishing the new parking rates for city -owned structures, and reaffirming the City Manager's authority to modify parking structure rates after the third annual increase, with a requirement to report such actions to the Council; and direct staff to amend the meter ordinance, establishing curb side parking rates and hours of operations, eliminating meters in the Willard nei hborhood and CITY COUNCIL 16 MARCH 18, 2025