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HomeMy WebLinkAboutResolution No. 5052 RESOLUTION NO. 5052 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING AN INCREASE OF THE MONTHLY FEE CHARGED FOR PERMIT PARKING IN CITY -OWNED AND PARKING ASSESSMENT DISTRICT' PUBLIC PARKING LOTS, AND RESCINDING RESOLUTION NO. 3706. WHEREAS, special parking spaces have been provided within the City -owned and Parking Assessment District public parking lots for bearers of parking permit stickers, and WHEREAS, the parking permits are available to the public at a prescribed monthly fee, and WHEREAS, the current fee of $10.00 per calendar month has been determined to be an amount insufficient to meet the reasonable benefits realized by the use of these special parking places determined by their value and cost, and WHEREAS, the Parking Place Commission on June 8, 1988, raised the fee, effective September 1, 1988, for permit parking on Assessment District No. 66 parking lots from $10.00 to $15.00, and effective September 1, 1991, from $15.00 to $20.00. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. The monthly public parking permit fee of $10.00 for use of public permit parking spaces in the City -owned public parking lots is hereby increased to $15.00 per calendar month, effective September 1, 1988, and to $20.00 per calendar month, effective September 1, 1991. SECTION 2. That all revenues gained from the subject increase in fees be placed in a special maintenance reserve account for maintenance and future reconstruction of said lots. SECTION 3. Resolution No. 3706 is hereby rescinded. SECTION 1. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED THIS 9 day of August „„5- •:: / / • • _� G. Co - 4 , Mayor ATTEST: 1 - Deputy City Cler Judith E. MMDonne I HEREBY CERTIFY that the foregoing Resolution was approved and adopted at the regular meeting of the City Council on the 9 day of August , 1988, by the following vote, to wit: AYES: 4 Council Members: Barb, Boggs, Hayden, Cormack NOES: 0 Council Members: None ABSENT: 1 Council Members: Paul J � Deputy City Clerk #7/0+2 Judith E. McDonnell