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SR-417-005 (25) ~ -' ~~ SSQ tS:SS:RD:db .- Lj/?---OO.5'. CouncIl MeetIng: ~ 24, 1984 Santa MonIca, CalIfornIa To: Mayor and CIty Councll lt1-E JUl 2 4 1.. From: City Staff Subject: ModifYlng the On-street Meter Parklng PermIt Area to Include the Area Bounded by Colorado Avenue, 4th Street, Lincoln and OlympIC Boulevards Introductlon ThIS report recommends the CIty CouncIl direct the CIty At- torney to prepare an ordInance establIshIng the area bounded by Colorado Avenue, 4th Street. LIncoln and OlympIC Boulevards for on-street parking permits. Background The area bounded by Colorado Avenue, ~th Street. Lincoln and OlympIC Boulevard contaIns land uses and parkIng problems that are very SImIlar to an existIng on-street permi t parking zone bounded by Colorado Avenue, the east CIty limIts, LIncoln and OlympIC Boulevards (see attached map). Both have lIght In- dustrlal bUSInesses which are dependent upon on-street parkIng for employee parkIng. Several of the area bUSInesses have requested that the on- street parkIng perml t program be expanded beyond the ex isting zone to Incorporate the area bounded by Colorado Avenue, Fourth street t L Incoln Boulevard and 01 ympic Boul evard. PermIts wIth in the zone are Issued on a request baSIS by the Trafflc Engineer. Each request for a perml t is revIewed for lts impact on nearby properties. Permits for on-street parkIng In metered spaces will - 1 - ltJ - ff JUl 2 4 19&4 --- CS:SS:RD:db -- CouncIl MeetIng: ~ 24, 1984 . Santa MonIca, CalIfornia not be approved If they wIll adversely Impact nearby propert~es. PermIts are Issued on a month to month basIs. ~ud~et!Fl~~nclal Impact It IS estImated revenues generated by on-street permit parking In the proposed area will be approximately $4,400 durIng flscal ye ar FY 1984-85. This es t Ima te is based on the utll i zat ion rate of on-street parking permIts In other sImIlar areas. These revenues will be deposIted In revenue account numbers 01-902-030- 000-000. RecommendatIon I t is recommended C 1 ty Counci 1 dlrec t the Ci ty At tarne y to prepare an ordInance establlshIng on-street parking perml ts for the area bounded by Colorado Avenue, Fourth Street, LIncoln and Olympic Boulevards. Prepared by: Stan Scholl, DIrector of General SerVIces Ray Davis, CIty ParkIng & Traffic EngIneer Attachment: Map i- II <t - 2 -