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AI# 11423
Regular City Council Meeting
6.4.
04/11/2023:
Information
Agenda Item
Resolution - Business Development:
Consider a resolution receiving the recommendations made by the Downtown Parking Task Force and the Central Business District Tax Increment Financing Reinvestment Zone Board.
Item Summary
On April 13, 2021, the City Council approved a Professional Services Contract with WGI, Inc. for the development of a Downtown Parking Master Plan, which would inform the development of an efficient, cost-effective, and customer-focused parking management plan, while leveraging current assets to support and promote continued growth in the downtown district. This project was recommended in the Downtown Master Plan Update, as adopted by the City Council on June 9, 2020.
On April 26, 2022, the City Council approved the Downtown Parking Master Plan, as presented by WGI, Inc. One of the key recommendations from this plan was to create a Parking Task Force to oversee implementation of the plan, among other things. On May 10, 2022, the City Council created the Downtown Parking Task Force, appointed its members, and established its scope of review and duties. The committee was asked to review the Downtown Parking Master Plan, and develop an appropriate implementation matrix, including recommendations and timing specific to the unique needs associated with the various zones and parking patterns in downtown. The committee was asked to present their recommendations to the Central Business District (CBD) Tax Increment Financing (TIF) Board and to the City Council.
The Task Force presented their recommendations to the CBD TIF Reinvestment Zone Board at their regular meeting on March 2, 2023. The CBD TIF Board voted to approve these recommendations, except for any references to funding sources for any of the projects, and to recommend approval by the City Council.
Fiscal Impact
None
Staff/Board Recommending
D. Blu Kostelich, Chief Financial Officer
Central Business District Tax Increment Financing Reinvestment Zone Board
Attachments
Resolution
Memo
Recommendation Overview
Recommendation Supplement
CBD Recommendation Letter
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