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