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HomeMy WebLinkAbout25C - MUNICIPAL PARKING GARAGE CITY COUNCIL MEETING DATE: ~ ~ CLERK OF COUNCIL USE ONLY: REQUEST FOR COUNCIL ACTION FEBRUARY 22, 2005 TITLE: APPROVED MANAGEMENT AGREEMENT EXTENSION FOR MUNICIPAL PARKING GARAGE OPERATOR IN DOWNTOWN o As Recommended o As Amended o Ordinance on 151 Reading o Ordinance on 2nd Reading o Implementing Resolution o Set Public Hearing For d' (2~/2 CI Y MANAGER CONTINUED TO FILE NUMBER RECOMMENDED ACTION Direct the City Attorney to prepare and authorize the City Manager and the Clerk of the Council to execute a management agreement for the operation of four Downtown public parking garages for a one-year period at a fixed rate not to exceed $11,940. DISCUSSION On February 5, 2001, the Council approved a three-year contract with Ace Parking, Inc. for management of the four Downtown parking garages located at Third & Birch, Third & Broadway, Fifth & Main, and Fifth & French Streets. The term of the existing management agreement will expire on April 30, 2005. Staff has been satisfied with the services provided by Ace Parking and recommends renewing the management agreement for one additional year. FISCAL IMPACT The four parking garages generate the necessary revenue to offset all operating expenses and fees. Funds are available in the Downtown Parking Facilities account (account no. 27-014-6291). APPROVED AS TO FUNDS AND ACCOUNTS: patrlcia C. Whitaker Executive Director Community Development Agency ~~"'~~J \\. \-: \" Francisco Gutierrez { Executive Director (IV Finance & Management Services Agency PCW/JWE/mlr H:\ACTIONS\2005 CC\MgtmtAgreeExtMuniParkingGarageOperinDT 2-22-05 v3.doc 25C-1 25C-2