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Summary of Parking Management Options

EXHIBIT 6

SUMMARY OF PARKING MANAGEMENT OPTIONS

 

 

OPTIONS

 

 

DESIRED EFFECTS/ISSUES

Relative Cost to Implement

H, M, L (1)

 

Short-Term Parking Management Options

 

 

 

Create Visitor Parking Information Guide/Map

  • increase awareness of parking opportunities
  • more effective use of available parking
  • need support of business community to circulate guide/map

Low

(approximately $5,000 to $10,000)

 

Implement a Shared Use Parking Program

  • better utilize available private spaces
  • would require additional detailed analysis and coordination with private property owners

Low

(staff/administration costs)

 

 

Establish Baseline Parking Ratios for the Downtown as a Whole and Monitor Over Time

  • identify current parking surplus
  • monitor development as it occurs and its impact on overall parking operations
  • add new parking or take other actions when supply reaches approximately 85% of demand, prior to reaching a critical point

Moderate

(staff/administration costs equivalent to several hours per week, after initial labor

intensive inventory)

 

Enhance Directional Signage

  • provide more clear and consistent signage
  • better utilize alley-access parking
  • enhance aesthetics

 

 

Moderate

Mid-Term Parking Management Options

 

 

Implement Trial Period Shared Valet Parking Program During Peak Season

  • provide convenient customer parking
  • assist parking impacted business
  • need to analyze potential sites and select Contractor

 

Low to Moderate

($5,000 to $15,000 per season for City support)

 

Add On-street Angle Parking

  • provide more spaced via use of angle rather than parallel curb parking
  • slows traffic, promotes pedestrian use

 

Moderate

(costs for signing and striping)

(1) Cost: H - High Cost associated with major capital expenditure, M - Moderate Cost for physical improvements and/or staff administrative costs,

L - Low Cost reflecting limited staff time allocation or minor supplies/equipment cost.

 

Longer Term Parking Management Options

 

 

 

Install Parking Meters on Selected Streets

  • manage the parking supply, enhance turnover for businesses
  • prevent all-day parking by employees in prime spaces
  • raise revenues needed for parking expansions

 

Moderate to High

(Initial cost, ultimately self supporting)

 

 

While Implementing Parking Management Strategies, Continue to Investigate Costs and Feasibility of Added Parking

  • provide added patron and employee parking
  • remove employee parking from adjacent residential streets
  • requires additional detailed analysis of economic factors

 

High to Very High

(surface - $1500 per space, structure approximately $7,500 to $15,000 per space, $150,000 to $1.5 million for 100 spaces) depending on surface or structure and other details

(1) Cost: H - High Cost associated with major capital expenditure, M - Moderate Cost for physical improvements and/or staff administrative costs,

L - Low Cost reflecting limited staff time allocation or minor supplies/equipment cost.

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