SR-417-007 (27)
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'--- \ :, Council Meetlng:
.cember 11, 1984
Santa Mo~ca, Callfornia
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DEe 11 "84
TO: Parking Authorlty
FROM: Clty Staff
SUBJECT: Request to Approprlate $119,000 of Parking Authorl ty
Funds to Complete Add 1 t lonal Improvements on Parkl ng
Structure Number 2
Introductlon
This repC'rt recommends that the ParkIng AuthorIty approprIate
$119,000 from the Parking AuthorIty Fund to construct additIonal
Improvements
on
Parking
Structure
Number
2
and
requests
authorization
to
take
necessary
steps
to
Implement
an
on-preml ses parkIng control oper at 1 on for a tr 1al per iod from
February 1, 1985 to July 1, 1985.
Background
The 1983-84 budget author1zed $315,000 for remodellng and
1mprovements to the CI ty' s Parklng Structures.
A contract for
maJor constructlon In Structure 112 at 1431 Second Street was
awarded 1n June,
1984 ,
at a cost of $304,820 Includ1ng
contingencIes.
ThIS
contract work
IS near1ng completIon.
However, there are a number of add1tlonal, supplementary features
Wh1Ch the CIty Staff, the Mall Improvement Commlttee and the
ThIrd Street Development CorporatIon have studIed for the past
several months and recommend for lmplementatlon.
Graphlcs
The current structure remodellng contract contaIns
only mInImal provls1ons for repalntlng and SIgnIng.
In the past
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~ CouncIl Meeting:
.cember 11, 1984
Santa Mollta, California
few months, City Staff and the organizations on the Mall
determined that Mall information and directional sIgning need to
be upgraded and that more extensive repainting and graphics
should be included In the Parking Structure 2 remodel. A
professional services contract was awarded to Beck and Grabowski,
a graphiCS consul tant, to prepare recommendations for Improved
signing and graphiCS In all SIX of the downtown parking
structures.
The graphiCS program, as recommended by Beck & Grabowski, for the
remodel of Parking Structure #2 Includes the fabrication of a
monument sIgn to Identify the Structure plus several Internal
Illuminated signs to be located at the entrances and eXIts to the
Structure.
The
Structure
interiors
are
being
completely
repainted to Improve the appearance and make It easier to
Identify where an IndiVIdual is parked.
There wIll be all new
directional and regulatory signs to clearly identify particular
parkIng areas, elevators and staIrwells.
CI ty forces are dOing
the bulk of the paint work. The Internal illuminated directional
and regulatory signs cannot be fabrIcated by City forces and must
be produced by a sIgn manufacturer.
ThiS work Will cost
approximately $65,000 for Structure 2.
Proposed Changes In Operation - For several years there have been
suggestions that one or more of the structures be operated by
either a prIvate company or City employees to give tickets and
collect fees for parking In excess of the tIme established for
free parking (currently 3 hours). The Mall Improvement CommIttee
and Third Street Mall Corporation staff recommend operating
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.~- . '. Counc 11 Meet1ng:
.cember 11, 1984
Santa Motlla, CalifornIa
Structure 2 1n thIS manner on a trIal basis. Staff proposes that
such an operatIon be done by a prIvate contractor selected on a
competItIve baSIS.
Certain physIcal Improvements must be Installed to accommodate
thIS type of operatIon.
These Improvements Include electrIC
entrance and eXIt gates, booths for the operators and supplIes at
a cost of $40,000.
In addItIon, 1t is estImated that $15,500
WIll be needed to pay the contractor selected to operate the
structure for fIve months (approx1mately $3, 100/month).
Staff
w1ll return to CounCIl wIth a spec 1 flC proposal for a tr 1al
operation program If so dIrected and wIll set forth more of the
details of the operatIon.
CommercIal Space Leases
The current remodelIng of Structure
Number 2 Includes prov idlng 7000 sq. ft. of leasable commerc lal
space on Second Street.
There has been substantIal Interest In
leasIng the space for a convenIence grocery store (2,000 sq.ft.)
bakery sales (1,000 sq.ft.) a dry cleanIng drop off outlet (500
sq.ft.) and a record and tape store (500 sq.ft.).
$14,000 of
addItIonal funds IS needed to complete the storefront to expedIte
actual leasIng of the space.
PotentIal Revenues - It IS estImated that If the current 3 hour
free parkIng 11ml t IS retaIned that fees from parkIng In excess
of 3 hour s wIll generate approx Imately $2,000 per month from
ParkIng Structure Number 2.
If free parkIng IS reduced to 2
hours, It IS estImated that $2,500 per month wIll be produced and
if reduced to 1-1/2 hours #3,100 per month wIll be generated.
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. Council Meeting:
.cember 11, 1984
Santa Motlta, CalIfornIa
,
It IS estimated that the commercial space wIll generate
approxImately $1.25 per square foot per month or a total of
$8,750.00 per month In revenue.
Budget/FInanCIal Impact
Staff proposes that $119,000 be approprIated from Parking
AuthorIty Fund 77 to account number 77-770-610-000-904.
Lease of commercIal space wIll generate approximately $35,000 for
the remaInder of FY 84-85 ($8,750 X 4 months) and $105,000
annually In subsequent years.
USIng the rate of $8,750 per month In rental revenue, the payback
of the en tl re Struc ture 2 remodelIng proJ ec t would be $423,820
diVIded by 8,750 = 48 months.
ParkIng AuthorIty revenue estImates for Structure 2 WIll be
revIsed when staff returns with a specIfIC proposal for parking
fees and more defInItIve commercIal lease InformatIon.
Recommendations
1. It IS recommended that the ParkIng AuthorIty approprIate
$119,000 from ParkIng AuthorIty Fund 77 to account number
77-770-610-000-904 to fInance addItIonal phYSIcal Improvements
to ParkIng Structure Number 2j and
2. DIrect staff to pursue plaCIng a parkIng structure operator in
Structure 2 for a perIod of fIve months as a test of thIS
concept.
If so dIrected, staff WIll return to the AuthorIty
wIth a detaIled proposal for approval.
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GS:SES:NM:ZH
- CouncIl MeetIng:
.cember 11, 1984
Santa Mo~ca, CalIfornia
Prepared by: Stan Scholl, DIrector of General ServIces
Nell MIller, Asst. DIrector of General Services
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