AgdaPkt 2007-05-07 - Laserfiche WebLink

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5A Page 2 • Sunday is our slowest day.There are only about 1I3 as many cars Qowntown o�Sunday as there are on Fridays and only'/as many cars as ail other days. • Monday through Thursday aur activiry drops of€between 6pm and 7pm. • On Friday and Saturday the�re is busy undl afmost 11 pm. in light of this data,stat�wili be adjusSng#he hours of enforeement in the"Core"area from 10am to 10pm every day to 10am to 8pm Monday through Saturday.Rfter 8pm and all day Sunday wouid be free.Outside of the Core enforcement virould remain 10am to 6pm Monday through Friday. This would have minor revenue implications.Overall,revenue is lower than it ultimately wiN lae for severat reasons:Century 12 is sti11 open,this time of year is a slow period for movies,Courthouse Square evenis are not being in fuff swing,and there is stiN an abundance of empty retail spaoe. Removing Sunday and 8pm to 10pm from the revenue�generaGng period wouki remove about$1,OQ0 from#he appro�amately$9,000 per week generated by the new meters. In temis of how this wouki aff�ct the performance of the parking supply,the efFect would be fairly benign,8pm is a slightly later than necessary for Monday through Thursday,and tao eady fo�Friday and Saturday, but overall should work well.It is possible to set different hours of enforcement far each day of the week,but adding anather leve!of complexity at this earfy stage is not recommended. 3'he signage is being changed without�oo much dit�iculty.Stickers with tt�e new hours would simply be placed over the current hours.Also,staff is designtng decaEs for each individual meter which also show the hours of enfat�cemen#. New Meter Transactian Data Below are a few statistics on how much the new meters are being used and how people are paying. Da[ly Number of Transaaf9ons • Average: 1,700 • High:2,200(Fridayy • Low:800(Sunday) PaYm�nt Ty1�e • Coins:65%(about 9,140 per day} • Bills: 15%{about 250 per daY) • Credii Card:25%(abaut 35o per day) •Page 2