HomeMy WebLinkAbout1990-12-26 91-45 ORDERCuam Date �eu1C1 H go Item No. 91-45 ORD Imm/Sublom: , =iaf rnth the of �ar of Parking�MeTers Responsible DepartmerAut Commentary: In OCYuber, the City ibuncll xbptffi an @der which dixa:fed ataff tat take certain actions amreasary ro fnpl®et remsgatlations of tine dautan pvrkunif plan. Nmig these was Lite reintrorbctima of Parking Mab Pursuant m this RWi, staff lung taken bids for the'ienr llation of pa king maker sleeves. Before this bitl can tie aaardetl, Parties agent be appropriated for this p4lincese. Tin Parking Putti currently hae an available bi hear which wJll allow for Lime appropriation. ID addition, $75,000 Lea hem ircLvled in this ymr's Parking Fuld budget in eetimvted retrainee frica deters. Staff wall Provide a kletailed budget marlins g Ute itemised mets reguirai funk this reuatallatimt. M addition, sea will also pnodde p Jsrrtsd enPadihae and revenue budgents fon the Parking 1gpN for nest fiscal yarr with aria wlttvut Parking patens. kle will be paneptered tar this issue arcl at Wadreed9y's meeting. - n �✓ 6. wparnm m Baal manager•; eonemenm: 00 ` jtl�& WOLb City Manager Abandoned Information: Order, M4n'a �awln �3'" Budget Approval: Parking Fund Balance 1$150,0001 1 lice Mr1 ry Legal Approval cig,sulkh" Iced For gvage First Reading Page _ of ❑Referral 91-45 Meipmdm Couucilm Sawyer. December 26. 1990 CITY OF BANGOR QIR6) MOM- "' 000 fron d par" b for %eocieTai viu ttre Sr�efallebim, of Farkin4 MaT n in OaumTarm Hmgox By to C"Cer ol✓ a* of ..... ORDERED, TBAT,� fs hereby appy primmd from the Park£ng Punct the eom of $00,000 to nmimt flvrber 82-01-10.02 for purposes of �lirg perking ue£exa in dowefaiei Ba . 91-45 ORDER IN CITY COUNCIL - December 36, 1990 Title, Failed Passage by the following yes and ad votes. Apptcptiatiu $150,000 from the Perking Councilors voting Yea: Yu'n'd"[0't' Cos Ce Aeeociake'a wi26'ti:e Inetxllatibn of Sawyer. Councilors voting no: Parking Meters In Downtown Bangor Baldacci, Bragg, Cohen, Frankel and 3[one. Councilors absent: ...................... Sexl Sosneud end lS[133vaa. Cil _!iG(� pedts "K _ cI CLZ&Ni ^T' Covncflman 91-45 MEMORANDUM DATE: December 19, 1990 TO: Edward A. Barrett, City Manager FROM: Kenneth R. Bibb, Director of Community and Economic x 6. Development RE: Parking Fund Attached are projections of the 1991-1992 Parking Fund Budget which compare the budget with and without the installation of parking meters. The following outlines the projected cast of installing approximately 550 parking meters. Low Bid for installing poles $ 45,000 Meter heads and parts 105.000 TOTAL $150,000 This estimated cost has increased substantially from the $100,000 estimated last winter. The meter pole installation bid s higher than anticipated. Meter heads must be supplied by a sale source tin order to fit the existing mechanisms that he will be rehabilitatingl. Our original estimate was based O a direct order to the factory. Since then regional distributor has been established and quotes this week were significantly higher. Source of funds for meter installation would be the parking yea.ve fund and the payback is estimated to be approximately one r PROJECTED 1991-92 PARXING FUND BUDGET (WITH METERS) EXPENDITURES BUTION CURRENT CATEGORY BUDGET 1991-1992 NOTES Personnel $100,000 a 120,000 - Additional Meter Maintenance Staff Supplies 4,220 9,220 - Extra Meter Supplies Contractual Services 236,400 236,400 Communications uUtilities 300 300 Fuel 0 O Equipment Costs 6,896 16,B9B - Annual Meter Replacement Program Sundry Charges 28,738 30,000 Debt Service 337,979 687,979 - Increased debt service for parking garage Outlay 7,500 0 TOTAL EXPENSES f7227035 $1,100,799 INCOME CURRENT CATEGORY BUDGET 1991-1992 NOTES f -Street Parking 8135,000 8 I001000* Lot Leased Spaces 25,000 29,000 Abbott Square 51,000 56,000* *Projected 10% Pickering Square 127,000 140,000* increase in these Interest Income 15,000 15,000 categorises because Waiver Fees 120,000 1320000* of parking meter Parking Meters 0 150.000 program TOTAL INCOME %4730000 5 668,000 GENERAL FUND CCNTRI- 4248,235 % 432,797 BUTION CATEGORY Supplies Contractual Services communications Fuel & Utilities Equipment Costs Sundry Charges Debt Service Outlay CATEGORY Off Street Parking Lot Leased Spaces - Abbott square Pickering Square Interest income Waa r Pee Parking Meters TOTAL INCOME GENERAL FUND CONTRI- BUTION PROJECTED 1991-1992 PARKING FUND BUDGET (WITHOUT METERS) EXPENDITURES CURRENT BUDGET $100,000 4,220 236,400 300 0 6,696 28,936 337,999 9.500 $722,035 1991-1992 s 115,000 4,220 236,400 300 0 6,396 30,000 637,979 0 $1,080,797 NOTES Additional Parking Control Fide NOTE: These budget figures are designed to compare next year's parking s fund with and without the u reflect adjustments such aspersonnel costs, utility costs, etc. which are not related to the impact of meters and/or additional enforcement efforts. INCOME CURRENT 9UDSET 1991-1992 NOTES $135,000 s 135,000 25,000 25,000 mall increases 51,0o0 554000* pro]ecteadueto 127,000 130,000+ additional parking 15,000 15,000 enforcement efforts 120,000 0 125,000* 0 *473,000 a 485,000 $248,235 $ 595,797 NOTE: These budget figures are designed to compare next year's parking s fund with and without the u reflect adjustments such aspersonnel costs, utility costs, etc. which are not related to the impact of meters and/or additional enforcement efforts.