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6.1A <br /> A summary of the proposed changes are as fallows: Page 2 <br /> 1) The non-validated parking rate of$5.00 per hour will drop to $2.50 per hour. <br /> 2) The non-validated parking rate will go into effect at 6 p.m. Monday#hrough Friday, <br /> for ali tnree parking #acilities instead of different times for different parking facilities <br /> (Monday through Friday) under the old agreement. <br /> 3) The non-validated parking charges will only apply untii 11 p.m. (presently they appiy <br /> until 3 a.m.). <br /> 4) All parking facilities will have the same non-mavie validation of 1 '/2 hours of free <br /> parking. Moviegoers will continue to receive four hours free validated parking at the <br /> fihree parking faciiities. Presenfiy, ihe non-movie going validation is 1 nour at JefFerson <br /> garage, 2 hours at il/iarshafl Street garage and 1 '/2 hours at MiddEefieid lot. <br /> 5} This amendment aflows fhe City to sell 105 monthly parking permits on the <br /> Middlefiefd lot, Monday through Friday until 6 p.m. (the previous agreement only <br /> allowed permit parking to 2pm on Frid�y). <br /> These changes will benefifi all concerned, and there is the possibili#y of achieving further <br /> changes in the future. <br /> ALTERNATIVES <br /> The alternatives are quite limited as staff pushed hard as possible to achieve additional <br /> changes. <br /> FISCAL IMPACT <br /> The fiscal impact is estimated to be minimal as almost no ona ever pays the $5.00 rate, <br /> and lowering the rate from $5.00 to $2.50 may encourage more people to use these <br /> parking facilities. <br /> .� � � <br /> � ,r�.� ^� <br /> Dan Zack ,� -'";% s <br /> ~W ,. t <br /> Downtown D �ielopment Coordinator c•'�� r"�,��V � � �`� <br /> � ; r <br /> , , <br /> . ...._._ <br /> 1 ,'jr ,!�.,. j '��-- . <br /> f'f..:d�� F `i `^'l.✓�.�J�d <br /> Peter Ingram Edward Everett <br /> Executive Director, edeveloprrtent Agency Board City Manager <br /> ATTACHMENTS <br /> 1. First Amendment to the Parking Facilities Agreemen� <br /> RELATED Q�Ct1ME�iTS iN ClTY CLERK'S OF�iCE <br /> 1. None <br />