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concern was with the permits and suggested that rather than the permit being valid for a fixed period of time and expiring at the end of time, that thought be given to a dollar amount worth of parking fees at a discount price on a debit card. He stated that this method could provide an incentive. Adrian Brandt suggested writing into the ordinance an option of a permit buy back should the City find itself in a position where it is too successful and there are complaints. An option would be to have the ability to buy back the permits to encourage people to rethink alternative transportation and sell back their permit to the City. For flexibility of the permit holder, that person may rethink their mode of transportation and this would allow for it. He supported validation for the existing business base, but since there is no cost for the permits he asked what controls exist for preventing employees issuing each other validations. He ended by applauding staff for the work on the plan. Mike Kastrop business. owner and past President of the Downtown .Business Group, stated that one of the most important components is creating an appointed .citizens committee to study where the funds would be best spent. He stated the potential is there for a substantial' amount of revenue and that the funds should be put to the best use of the downtown to facilitate a vibrant downtown where everyone is working together. He also commended staff on the visionary plan. John Anagnostou stated he has listened to several of the parking plan presentations, and as the owner of the Fox Theatre and Little Fox, he thinks it is a good, innovative plan. He further stated that there will be a number of people coming to our town and that they need to be managed. On behalf of himself and his partner, he stated his support of the new business parking plan. City Manager Everett clarified that the validation component applies to those retail and restaurant businesses in the downtown that will have equity with retail and restaurants in the project. He further stated that because permits would not be validated, the concern of employees validating each others parking is not as greatbut will be considered. Council Members agreed that. monitoring of validation is important; that the staff flexibility in the plan that responds to the comments received along way is appreciated; permit fees have not changed since 1993 and are not unreasonable in the plan; lifting of time restrictions in the garage will be of substantial benefit to the tenants; and that the rates will be favorably competitive and not a disadvantage. Council extended appreciation to staff for a plan that is thoughtful, flexible and responsive to the downtown business owners. Discussion ensued on the permit buyback and debit card concepts. The idea of a citizen advisory group to determine application of generated revenue was supported with a suggestion that the- HHCC model might be used. The City of Pasadena website was JOINT MEETING MINUTES JULY 25, 2005 CITY COUNCIL AND REDEVELOPMENT AGENCY PAGE 10 MINUTE ORDER BOOK NO. W Page No. 544