ADOPTED BUDGET RESOURCE ALLOCATION PLAN - City of ...

Project: 900210 Downtown Parking Management System
Origination Year: 2005-06
Planned Completion Year: 2016-17
Department: Public Works
Project Description / Scope / Purpose
Project Information Sheet
Type: Downtown
Category: Capital
Project Manager: Hira Raina
Fund: 315 Redevelopment Special Revenue
Sub-Fund: 100 Redevelopment General
Project Coordinator: Jack Witthaus
This project provides for the study, construction and operation of a parking management system at non-Town Center Mall facilities in the downtown. As part of the approval of the Block 18
downtown redevelopment proposal, the City Council directed staff to study a parking management system for major downtown parking areas. This system would monitor parking supply and
provide real time information to drivers about the availability of parking. The Town Center Mall developer is responsible for funding the parking system at the site. This project would fund the
parking system at the non-Town Center sites only.
Operating costs are required for calibration, maintenance, monitoring, detection and repair services needed to operate the parking system. Cost estimates were developed based on research of
parking system costs and consultation with jurisdictions with similar systems (in 07/08 dollars). Management of parking downtown will impact the City's operations by placing a new, major, day to
day responsibility of parking management. It will also increase the contract cost of traffic signal maintenance services or other required maintenance activities. This is reflected in the operation cost
estimates. The life of the signs are approximately 20+ years (same as traffic signal structures); replacement of the system may be needed in the 10-20 year time frame, but cost estimates are not yet
available.
Staff shows a project being initiated in 2015 based on the estimated schedule for completion of the Town Center project.
Project Evaluation and Analysis
The project will reduce the hunt time for parking in the Downtown, which relieves traffic congestion, improves air quality, and benefits the downtown shopping experience. The project should be
completed concurrent or soon after the Town Center development occurs. These project costs assume that no revenue will be generated by the project.
Fiscal Impact
This project is currently unfunded. Staff recommends this project been placed on the unfunded list until revenue sources are secured.
Project Financial Summary
Financial Data Prior
Actual
Project Costs
Revenues
Total
Transfers-In
Total
Operating Costs
Current 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Y11-Y20
2009-10
Total
Unfunded Project
Project
Life Total
0 0 0 0 0 0 0 205,359 1,047,331 0 0 0
0 1,252,690
0 0 0 0 0 0 0 0 0 0 0 0
0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0
0 0 0 0 0 0 0 0 68,152 69,515 70,905 72,323 853,982 1,134,877
Downtown Parking Management System 900210