Uptown Transportation Study CHAPTER 7: PARKING - OKI

More documents

Recommendations

Info

Uptown Transportation StudyPart A: Uptown Transportation PlanTable 7-23: Matrix Analysis of Parking Management AlternativesJoint VentureAlternativeManagement Joint Venture(Individual DevelopmentCity DepartmentInvestment)Requires enablinglegislationRequires direct IPoversightEntails city administrativeinvolvementEntails ability to supportitself (Degree of financialautonomy or financialindependence)Ability to receive taxrevenueBID, NID orSpecial ImprovementDistrictNon-ProfitOrganizationParkingAuthorityNo + No + No + Yes (-) No + Yes (-)Yes (-) Yes (-) No + No + No + No +No 0 No 0 Yes 0 Yes 0 No 0 No 0No + No + No + Yes (-) Yes (-) Yes (--)No (-) No (-) Yes + Yes + No (-) Yes +Complications of deficit Shared 0 Shared 0Entails isolated borrowingcapacityOverall Value ofImplementationNo (-) No (-)ImpactsbondingcapacityNot forCity(-) High (--) Shared 0 High (--)(-) Yes + No (-)NotAlways+ + (--) (--) 0 (--)0Uptown Transportation Study 7-34 URS CorporationNovember 2006
Uptown Transportation StudyPart A: Uptown Transportation Plan7.4 Recommended SolutionsBased on the preceding analyses, this Study recommends the following actions to improve parkingin Uptown:• Establish the Uptown Transportation Management Association (TMA)• Implement the Travel Demand Management arm of the Uptown TMA• Consider an Uptown neighborhood parking permit program• Build new parking facilities• Pursue alternative funding and financing mechanisms to support parking operations andfacility expansion.7.4.1 Uptown Transportation Management AssociationThe overall scope of the organization is envisioned to possibly include Travel DemandManagement (TDM), a pilot shuttle operation, parking operations, and the possible futureownership and development of parking structures. Thus, the recommended alliance is conceivedas a Transportation Management Association (TMA).According to the US Department of Transportation, a Transportation Management Association(TMA) is a “voluntary association of public and private agencies and firms joined to cooperativelydevelop transportation-enhancing programs in a given area. TMAs are appropriate organizationsto better manage transportation demand in congested suburban communities.”OrganizationOn the basis of this analysis, the establishment of an Uptown TMA to operate those selected assetsof the joint venture partners as a consolidated parking system is judged to be the highest rankingalternative. The implementation of this recommendation is envisioned in the followingorganization chart.Uptown Transportation Study 7-35 URS CorporationNovember 2006
Page 3 and 4: days of the month.Uptown Transporta
Page 5 and 6: Uptown Transportation StudyPart A:

Uptown Transportation Study CHAPTER 7: PARKING - OKI

Create successful ePaper yourself

Delete template?

Save as template?