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SR-417-007 (15) GS:SS:RD:db e Santa Mon~ca, cal4ltrn1a, October 14, 1981 To: Cha1rperson and Parking Author~ty From: General SerVlces SubJect: Increase of Park1ng Perm1t Fees for the Park~ng Authority Lots. Introduct1on Th1S report recommends the Park1ng Author~ty 1ncrease the park1ng perm1t fees for the Park~ng Author1ty Lots. Background The eX1sting park1ng perm1t fee for the surface parklng lots 15 $20.00 per month. The pernit 15 only good 1n an aS51gned area of the lot and does not guarantee a space to a perm1t holder. The perm1t fee was establ1shed at ~ts current level ~n 1978. A recent survey of Park1ng ?ac1l1ties operated by pr~vate buslnesses J~ldicate5 the average cost for unreserved or less conven1ently located park1ng spaces 15 $37.50. A reserved or pr1me location parklng space has an average of $56.70. -- E Staff proposes to lncrease the monthly park1ng perm1t fees fr~~.,f/~- - / $20.00 to $30.00 per month. Th15 will brlng the parking lots / more In Ilne wlth the eXlstlng market values. ( Recommendatlon It 15 recommended the Park1ng Author1ty adopt the attached resolu- tioD increaselng the parklng permlt fees for the Park1ng Authorlty Lots. Prepared by: Stan Scholl, Dlrector of General Services Ray Davis, parklng and Trafflc Englneer .- . e e Resolut1.on No. (Parking Author~ty Ser1.es) A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA ESTABLISHING MONTHLY PARKING PE&~IT FEES FOR PARKING LOTS 3, 4, 7, 8, 9, 12 AND 22. THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The monthly permlt park1.ng fees for par~1.ng lots 3, 4, 7, 8, 9, 12 and 22 shall be $30.00 per month. SECTIO~ 2. The effective date of the park1.ng PerIT1.t fees shall be January 1, 1982. SECTION 3. The Clerk shall certify to the adopt LOn of this resolut1.on and thencef()~th and thereafter the same shall be ~n full force and ~ff=ct. APPROVED AS TO FOR~l: 3iI---- r:::::: ~::cr City Attorney \'. ~