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October 8, 2020 City Council Regular Meeting
Title
24. Approval to Repeal Section 217 (Unrestricted parking) from Division II, Appendix I (Traffic Regulations)
Strategic Priority
Infrastructure
Description

This section was passed in 1977 and removed a specific section of upper factors walk from regulation. Research has not been able to determine what prompted the ordinance. The current adjacent property owners would like to utilize the spaces for exclusive use per a revocable license from the City. A revocable license grants use of the spaces without conveying a property right and is currently used with other properties on Factor's Walk.  The license can only be granted if this section of the ordinance is rescinded. The license would be granted at the current rate for spaces on factors walk ($260 per month per space).

Recommendation

Recommend approval to rescind Section 217 (unrestricted parking) from Division II, Appendix I (Traffic Regulations)

Contact
Sean Brandon, Parking Services Director
Financial Impact
$10,000 - $15,000 per year in revenue
Review Comments
Attachments
Exhibit 1 Ordinance - Factor's Walk Parking.pdf
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