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HomeMy WebLinkAbout06/06/2023 04.B.i. Report from business owners regarding alternatives for parking in the downtown area Y�'1114'+ 7pc:Ati re BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. B.i. For Meeting of: June 6, 2023 ITEM TITLE: Report from business owners regarding alternatives for parking in the downtown area SUBMITTED BY: Robert Harrison, City Manager SUMMARY EXPLANATION: At the April 18th Council meeting, Ben Hittle, Steve Mercy, and Joe Mann stated they are working to identify ideas and concept plans for parking in the downtown area. They will report their findings to City Council. ITEM BUDGETED: STRATEGIC PRIORITY: APPROVED FOR SUBMITTAL BY THE CITY MANAGER RECOMMENDATION: ATTACHMENTS: Description Upload Date Type 0 Letter-downtown parking proposal 5/30/2023 Corer Memo 2 May 30, 2023 Downtown Parking Proposal a) 5 City Lots b) 1926 on street spaces First, Change lots to 60% monthly parking. Second, change the monthly fee to$50.00 per monthly permit. This would create 260 spaces at$50.00 per month $156,000 year with tickets and daily parkers another $75,000 to$100,000/year for an approximate annual income of$231,000-$256,000. Very little cost to do the change (No risk to the city budget) and would allow for dedicated parking enforcement person for the duration (Approximate$50,000).Then we can start to maintain lots with these annual funds,over 10 years possible 2 million plus (Annually Improvement) while allowing to still have free two hour parking for downtown customers and patrons. Some employers have expressed interest in splitting the cost of parking with their employees. Thank you, Joe Mann Ben Hide Steve Mercy