Laserfiche WebLink
<br />78 <br />Page 3 <br /> <br />economies of scale that a company like Ampco has due to their operation of many <br />parking facilities in the area. <br /> <br />Fiscal Impact <br />Unless service is increased at the direction of the City Manager, the not to exceed amount for <br />this contract is $435,000 for the first year and $573,800 for the second year, with annual <br />adjustments for inflation and cost increases thereafter. These costs will be paid for from the <br />Parking Fund and will not have an impact on the General Fund. While the cost of operating <br />these three facilities is expected to exceed the revenues that they generate, the parking system <br />as a whole has been designed to be financially self-sufficient. <br /> <br />(2.. /. -:;::> <br /> <br /> <br /> <br /> <br /> <br /> <br />...~ <br />Çä~Z ~ <br /> <br />Downtown Development <br />Coordinator <br /> <br />~~~ <br /> <br />Joel Patterson <br />Community Development <br />Director <br /> <br />(;. (1 ?1- <br />//1~ <br />Æêt'Everett <br />City Manager <br /> <br />Attachments <br />1. Ampco Proposal Excerpts <br />2. Budget <br />3. Agreement <br /> <br />I:REDEVELOPMENT/2006 STAFF REPORTS/Garage Operations Contract <br /> <br />3 <br />