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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 The license can only be granted if this section of the ordinance is rescinded.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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