Community Forum 2010v2

COMMUNITY FORUM

Realign City Financial Priorities
#1 Priority - City Services (Police, Fire, DPW, etc.)
#2 Priority - Take Immediate Action to Resolve the Parking Deficit
To stimulate and support local business growth and new development for Downtown Ferndale
To create a community paradigm shift in the way we view parking, use the system and how it impacts the community city-wide
GOAL

Address Parking Deficit & Management of System to:
Protect and Sustain Businesses
Improve Quality of Life for Residents
Stimulate Economic Growth
CITY ACTION NEEDED

DEMAND

Actions the DDA has taken:
Conducted a Parking Study in 2006
Conducted Parking Structure Site Analysis:
Withington Parking Lot 2007
City Hall Parking Lot 2009 – joint effort
Formed a DDA Parking Committee - October 2009
Reassessed Parking Deficit - December 2009
Tried Launching an Employee Shuttle Program
Found More System Issues with Parking Before this could be Accomplished
DDA ACTION

Joint Meeting with City on 12/7/09 for Parking System Improvements Needed
Council Presentation on 12/14/09 for Parking System Improvements Needed
DDA Parking 2010 Goals & Objectives Formally Adopted 1/22/10
DDA Resolution for Parking Priority Adopted 1/22/10
DDA ACTION

SOLUTIONS

ADDITIONAL IDEAS

PROPOSED PARKING DECK LOCATIONS

DECK FINANCING

City of Ferndale:
Owns Public Parking Lots
Owns & Manages the Auto Parking Fund which supports the Parking System
Issues Permits for Development
Rezones for Development
CITY AUTHORITY

System Issue: $$$ Generated by Parking System DOES NOT ALL go into the Auto Parking Fund, therefore insufficient for building a Parking Structure
Where Else Does It Go?
General Fund - Court Capital Improvement Fund
Parking Lots Outside of the Central Business District and DDA
SYSTEM ISSUES

City Must Take Immediate Action on:
Committing financial resources towards the parking structure to help Auto Parking Fund become self-sufficient in sustaining the annual bond debt
Redirect Parking Ticket Revenue to Auto Parking Fund
Adopt a Payment-in-lieu Policy for Intensification of Use in CBD
City Release of an RFP for a Parking Structure and Financing Plan
CITY ACTION NEEDED

February 8 th – Requesting Council Support of Resolution & Council Reviewing Municipal Complex Proposals
February 22 nd – City Council Deadline for Decision on Municipal Complex Project
IMPORTANT DATES

Community Forum 2010v2

by Ferndale Downtown Development Authority on Feb 22, 2010

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Community Forum 2010v2 — Presentation Transcript