HomeMy WebLinkAbout5/14/2024 Item 4a, CitizenTo: San Luis Obispo City Council
Sb: Parking Rates - May 14,2024
Fm: Concerned Citizen
HECEIVED
[4AY I 4 7024
-ULO CINfl GLFRK
Only one of the options presented offers an incentive and a real discount for using your
expensive-to-build parking structures, that being Option A. Option B, which seems to be a
crowd favorite, actually increases the amount to park in a structure for the time that the
majority of parkers use the facility. Your report states that 71%o (amfiority) of off-street
parking stays are for less than two hours. But then you label option B fiable 3 below) as
"prioritizes lower prices" which is quite misleading. Below is how I see the math:
Structure Prices I 2-hour analysis (uses current price as basis). Current Pricinq (analysis basis) = $3/hr with first hour free. Two hours = $3 (or $1.50/h4.
Personally I think that this is a great deal and don't see that it needs to change.. Option A (Structure priority) = $2.50/hr with first hour free. Two hours = $2.50 (or $1 .25/hr).
. Option B (Street priority)= $2.00/hr no free hour. TWo hours = $4.@ or a 33%o increase in
rate (a penalty), while offering those jockeying on the sfreef a 31o/o decrease (core pricing).
. Option C = $2.00/hr no free hour. Two hours = 9q,OO or a 33%o increase in rate, while still
offering those jockeying on the streef a substantial 25o/o decrease.
Table 3: Financial Model Package Options Summary
in bold and underlined indicate a rate reduction from rates
Permit Rates: The 1Ohr. meter rate of $60/month seems like a pretty good deal. lf you consider
a 5 day work week, 4 week month, you have 20 days of parking. That's $3/day. Best deal in
town for sure! Staff has recommended dropping that further according to note 11. lf your goal
is to get more people longterm parking in structures, simply match the structure monthly rate to
that of the monthly 10 hr. meter rate.
You have some tough decisions to make. I would like to see you consider keeping some form
of free time in the structure as an incentive to use them and not penalize them as I note above.
Without a real incentive to use structures, Option B, you may find more 2-hour (or less) parkers
cruising for those sweet street spots.
Thanks for your consideration!
cc.
Option B: Prioritizes
Lower Rates
Option G:
Balanced Approach
Option A: Prioritizes
First Hour Free
Core: $4.00/Hr
Outer: $3.00/Hr
$2.751Hr
$2.251Hr
Core:
Outer:
Core:$!QQl!g
Outer: $2.50/HrOn-Street Rates
M-S9AM-9PM
Su 1 PM-9 PMOn-Street Hours M-S9AM-9PM
Su 1 PM-9 PM
M-S9AM-9PM
Su 1 PM-g PM
$2.00/Hr. $8 Dailv Max
Paid First HourStructure Rates $2.50/Hr. $10 Dailv Max
First Hour Free
$2.00/Hr. $8 Dailv Max
Paid First Hour
7 Davs oer Week 7 Davs per WeekOff-Street Hours 7 Days per Week
10Hr Meter Permit:
$60/mo
Structure Permit:
$BSimo
10Hr Meter Permit:
$45/mo
Structure Permit:
$65/mo
Permit Ratesll
1OHr Meter Permit:
$60/mo
Structure Permit: $85/mo
lilAY t 4 2921
$o $rYtu
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