Adopt Resolution #12-11-XXX Adopting the 2013 Parking Ramp Maintenance Budget and Approve attached Resolution #12-11-XXX Allocating the Parking Ramp Maintenance Costs per the adopted 2013 budget based on each parcels allocated share as outlined.

The city adopted an amended and restated Parking Improvement Use and Maintenance Agreement (PUMA) for Parking District A (City Municipal Ramp) on April 30, 2012.  This agreement obligates the owner of each parcel in Parking District A to pay the City for costs the city has or will incur to maintain, repair and replace the District A parking improvements based on an allocated costs assigned to each parcel.

Per the agreement, the city is required to prepare a budget for formal adoption at least 30 days prior to fiscal year end or by November 30 outlining the anticipated parking maintenance costs for the next fiscal year and adopt a resolution allocating the budgeted parking maintenance costs among the parcels per the parcels "allocated share".

The city's 2013 Parking Ramp Maintenance Budget is attached that also includes the calculation of each parcels allocated share. 

Approve attached Resolution #12-11-XXX Adopting the 2013 Parking Ramp Maintenance Budget

And

Approve attached Resolution #12-11-XXX Allocating the Parking Ramp Maintenance Costs per the adopted 2013 budget based on each parcels allocated share as outlined.

Motion to recommend Council adopt Resolution #12-11-XXX Adopting the 2013 Parking Ramp Maintenance Budget

and

Motion to recommend Council adopt Resolution #1-11-XXX authorizing the allocation of the budgeted parking maintenance costs among the parcels as outlined.