Bartha, Stephen From: Greden, Leigh Sent: Saturday, April 04, 2009 11:27 AM To: Schopieray, Christine Subject: FW: Parking memo Attachments: DDA parking rate increase Feb 2009.pdf From: Greden, Leigh Sent: Monday, February 16, 2009 7:31 PM To: 'Roger Hewitt' Subject: Parking memo Chairman Hewitt- Sometimes ~ very rarely -- I'm wrong. This is not one of those times. DDA parking rate increase Feb ... 1 F-1 City of Ann Arbor Text File File Number: 08-1175 100 N. Fifth Avenue Ann Arbor, Ml 48104 www.a2gov.org Agenda # F-1 Introduced: 2/17/2009 Current Status: Administrator Communication Version: 1 Matter Type: Report or Communication DDA to Increase Hourly and Monthly Parking Rates Effective July 1, 2009 Since taking over operation of the off-street parking system in 1992 and the on-street parking system in 2002, the DDA has used its parking revenues to operate and maintain the public parking system, as well as to pay for major repairs and the construction of new parking facilities. The costs for debt service, maintenance, repair, and operation of the public parking system have been figured into the DDA's Ten Year Plan, which is essentially a ten year budget. Also in the Ten Year Plan are the DDA's expenses for alternative transportation programs such as golpasses, the cost to replace the parking structure at the City-owned First and Washington site as part of a public/private project, as well as the cost to construct a new underground parking structure at the City's South Fifth Avenue lot ("Library Lot"). To provide the necessary revenues to support the DDA parking system and new parking facility construction, it is necessary to increase hourly and monthly parking rates. After much discussion over several months, at its February 2009 monthly meeting, the DDA voted to recommend parking rate increases shown below. The DDA also resolved not to increase parking rates until July 1, 2009. Parking Std. Monthly Parking On/Off Structures: Parking Permits Lots: Street Parking Hourly _ Hourly Meters Current (2009) $0.80 $125.00 $1.00 . $1.00 FY 2010 $0.90 $130.00 $1.10 $1.20 FY 2011 $1.00 $135.00 $1.20 $1.20 FY 2012 $1.10 $140.00 $1.30 $1.40 Monthly parking permit rates were last increased in May 2007. In 2005 the hourly parking rate in the parking structures was reduced to $0.80/hour (from $0.95/hour) and reduced in the parking lots to $1/hour (from $1.05). At the same time, the hourly parking rate at the street meters was increased to $1/hour. There has been no other change in hourly parking rates since 2005. Information on the proposed parking rate changes have been provided to local media and downtown stakeholders. Rate changes will also be advertised in a newspaper of City of Ann Arbor Page 1 Printed on 2/9/2009 F-1 File Number: 08-1175 local circulation. Prepared by: Susan Pollay, DDA Executive Director Approved by: Roger Fraser, City Administrator City of Ann Arbor Page 2 Printed on 2/9/2009