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HomeMy WebLinkAboutItem K CP' 0 August 17, 1999 1 Z � � AGENDA REPORT a i To: Honorable Mayor and Members of the City Council From: Dan Dorsey, Assistant to the City Manager Subject: AMENDMENTS TO THE OPERATION OF PARKING METERS RE FEES AND HOURS / DAYS OF OPERATION SUMMARY OF REQUEST That Council approve first reading of City Ordinance amending Article X of the City Code. 1 BACKGROUND Pursuant to Council decisions on July 26, 1999, attached is an ordinance which amends parking meter fees and hours/days of operation at the Main Street parking lots. Parking Meter Fees: Parking meter fees will be reduced from $1.00 to $.50 per hour at all of the parking lots except for the lot located on the 100 block of Main/Tenth Street, which will remain at $1.00 per hour during the summer months (June 1 — September 15). Hours and Days of Operation: The hours and days of operation for parking meters will be nine (9:00) a.m. to eight (8:00) p.m. on every day at the parking located on the 100 block of Main/Tenth Street, and from nine(9:00) a.m. to six(6:00) p.m. on every day at the parking lots located on the East and West sides of Main Street at Electric Avenue. FISCAL IMPACT Depending on how motorists respond to the reduced parking meter fees, revenues could either decline by 20—30% or remain the same when compared to the current revenue stream. RECOMMENDATION Staff recommends that Council approve first reading of"An Ordinance of the City of Seal Beach Amending Article X of the Code of the City of Seal Beach Pertaining to the Operation of Parking Meters in Designated Off-Street Municipal Parking Lots and the Parking and Control of Vehicles Thereon." / Agenda Item: •