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HomeMy WebLinkAbout05/18/1993, C-3 - PARKING METER RATE INCREASE p�u II ry MEE NG DATE �I���f �ItlIIII���I' I�III city of San IDIS OBISPO May 18, 1993 COUNCIL AGENDA REPORT I NU111: /f FROM: Michael McCluskey, Public Wor�tor V� 1 Prepared By: Keith Opalewski,' g Manager SUBJECT: Parking Meter Rate Increase CAO RECOMMENDATION: a) Give final passage to Ordinance 1233 (1993 Series) amending Section 10.52.010(Parking Meter Zone Rates) of the Municipal Code changing parking meter rates and effective dates of implementation. b) By motion, authorize the City Administrative Officer to solicit bids and award of contract for the parking meter overhaul and rate adjustment set for July 1, 1994. DISCUSSION: At its May 4, 1993 session, Council held a public hearing to consider new meter rates and their effective dates of implementation. The recommended changes were the product of a joint effort by both the BIA and City to create a meter rate structure and timeframe for increases that would be acceptable to all concerned parties. Public comment was heard and Council approved the recommended new rates. FISCAL IMPACT: Delaying the meter rate increase until July 1994, but at a slightly higher rate, offers a better return for the City's investment and places the parking fund in a better long-term financial picture. The increased revenues from the new meter rate structure will maintain parking's solvency and help finance future parking structures. pmkinprlmml J. eu ORDINANCE NO. 1233 (1993 SERIES) AN ORDINANCE OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO AMENDING SECTIONS 10.52.010 (PARKING METER RATES) CHAPTER 10.52 (PARKING METERS) OF THE SAN LUIS OBISPO MUNICIPAL CODE BE IT ORDAINED by the Council of the City of San Luis Obispo as follows: SECTION 1. 10.52.010 of the San Luis Obispo Municipal Code is hereby amended to read as follows, effective June 1, 1991: 10.52.010 Parking Meter Zone--Rates. A. Within the area enclosed by a dashed line on the parking meter zone map (Exhibit 1), the parking of vehicles on streets or in municipal parking lots may be controlled and regulated with the aid of parking meters. B. The parking meter rate shall be thirty cents per hour effective January 1, 1988. Parking meter rates shall be increased to the following amounts over the next 15 years: Effective Date of Increase ltg July 1, 1994 $.40 January 1, 1998 $.50 January 1, 2003 $.60 C. Within the area enclosed by diagonal lines on the parking meter zone map (Exhibit 1), the rate for parking meters on streets or in municipal parking lots shall be fifty cents per hour effective June 1, 1991. Parking meter rates for this higher-rate zone shall be increased to the following amounts over the next 15 years: Effective Date of Increase July 1, 1994 $.60 January 1, 1998 $.70 January 1, 2003 $A �i 0-1233 /J �� Ordinance No. 1233 (1993 Series) Page Two SECTION 2. A summary of this ordinance, together with the names of Council members voting for and against, shall be published at least 5 days prior to its final passage, in the Telegram-Tribune, a newspaper published and circulated in this city. This ordinance shall go into effect at the expiration of thirty (30) days after its final passage. INTRODUCED AND PASSED TO PRINT by the Council of the City of San Luis Obispo at a meeting held on the 4th day of May on motion of Council Member Rappa , seconded by Council Member Roalman and on the following roll call vote: AYES: Council Members Rappa, Roalman, and Romero NOES: Council Member Settle, and Mayor Pinard ABSENT: None - /s/ Mayor Peg Pinard MAYOR PEG PINARD ATTEST: /s/ Diane R. Gladwell CITY CLERK DIANE GLADWELL APPROVED: cri El El 4 U g u NNOP 8 IA N a N N 8 X8 f.1 CL �= O Ysoa N YS g � 0 0 s 0a W g § W 8 �� a 88 L El N3 v� oo,, 1 70 a g O a8 � 006 0001 0011 OOZI 00{1 OOYI o S S HO 0 3 '1S 1 WaVJ EXHIBIT I