City Council

16. Parking Enterprise Fund Updates for Meters and Structures Department(s): Community Development Agency Recommended Action: 1. Approve parking rates for City­owned parking structures to $2.00 per hour with annual increases of $0.50 per hour until a maximum of $3.00 per hour is attained. 2. Direct staff to prepare a Resolution establishing parking rates for the City­owned 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 City­owned parking structures.