Parking Presentation 12-14-09

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This presentation reviews an overall strategy for the revamping the Parking System in Downtown Ferndale in order to get to the point of developing a parking deck. This information culminated from a desire of residents and business owners to address the parking demand in Downtown Ferndale, and the original goal of addressing it in a short-term solution with an employee shuttle. Volunteers soon found out that it was more involved, and required a major overhaul to the entire parking system. They then met with the City Parking Committee to discuss ideas in addressing this both in short-term and long-term solutions. This presentation summarizes both City, parking consultant and DDA volunteer input.

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Parking Presentation 12-14-09

  1. 1. KEY POINTS KEY POINTS RESIDENTIAL  NEIGHBORHOOD PASS NEIGHBORHOOD PASS EMPLOYEE SHUTTLE  PROGRAM
  2. 2. ISSUES  ENCOUNTERED MORE RESIDENTIAL INPUT OVERLOAD PUBLIC PARKING SHUTTLE COST COMPARED TO PARKING  PASS  = $4/day (shuttle)vs. $1.82/day (pass) PASS = $4/day (shuttle)vs $1 82/day (pass) LACK OF PARTICIPATION
  3. 3. DEMAND SUPPLY = 2548 DAYTIME DEFICIT = ‐115 EVENING DEFICIT = ‐483 IF WE DO NOTHING NOW: • DAYTIME DEFICIT IN 2014 = 175 • DAYTIME DEFICIT IN 2019 = 235
  4. 4. SOLUTIONS PASSES LAND USE  PLANNING ENFORCEMENT GOAL: PARKING  DECK RESIDENTIAL  METERS PASSES PARKING FINES
  5. 5. GOAL Addresses  Above  Needs of  Average  Convenient Safe Accessible Consumers  Consumers S l N Supply Now  and  & Future Residents
  6. 6. PROPOSED PARKING  DECK LOCATIONS DECK LOCATIONS
  7. 7. DECK FINANCING DECK FINANCING 455 SPACE DECK  WITHOUT EQUITY •$686,000 ANNUALLY 455 SPACE DECK  WITH EQUITY  WITH EQUITY •$556,000 ANNUALLY •$556 000 ANNUALLY ($1.5 million) DIFFERENCE •$130,000 ANNUALLY
  8. 8. PLANNING PLANNING FOR FUTURE ATTRACTING NEW INVESTORS CITY’S INVESTMENT IN PARKING NOW = LONG‐TERM  GROWTH AND PRIVATE REINVESTMENT IT’S WHY THE SHUTTLE AND CHANGES TO THE SYSTEM  O O ARE IMPORTANT NOW
  9. 9. ENFORCEMENT MORE ENFORCEMENT = LESS  PARKING FINES AND MORE METER  REVENUE INCREASE ENFORCEMENT BY ½  PERSON ON BUSIER DAYS (2  PERSON ON BUSIER DAYS (2 SPLITTING THE AREA)
  10. 10. METERS SWITCH TO MULTI‐SPACE METERS SWITCH TO MULTI‐SPACE METERS • Purchase 9 this FYE (2010) for Troy, Withington, Como’s @$90,000 • Budget for Remainder for FYE 2011 @$150,000 • Budget for Education CHANGE CITY HALL 30‐MINUTE TO METERED METER COURT PARKING LOT PROMOTE AMERICAN LEGION HALL AS FREE • Western Market And Other Employees = 20 Cars Out Of  Neighborhood N i hb h d
  11. 11. METERS PREMIUM  PREMIUM DISCOUNT  DISCOUNT ON‐STREET LOTS LOTS • $1/HOUR • .75  75 • .50  50 • All on‐street CENTS/HOUR CENTS/HOUR • All Troy Lots,  • East & West  Withington,  Breckenridge,  Planavon,  City Hall Library,  Library Como’s,  Falvey
  12. 12. METER REVENUE METER REVENUE  CURRENT REVENUE PROPOSED POTENTIAL BOND  $509,367 $818,849 DEBT COVERAGE • Di t L t $34 432 Discount Lots $34,432 • Di t L t $34 432 Discount Lots $34,432 $309 482 $309,482 • Premium Lots $330,906 • Premium Lots $496,359 • On‐street $144,029 • On‐street $288,058
  13. 13. CURRENT PASS RATE CURRENT PASS RATE 1 MONTH = $40 3 MONTH = $80 3‐MONTH = $80 ANNUAL = $240
  14. 14. PROPOSED PASS PROPOSED PASS TWO TYPES: • Discount Pass at W. Breckenridge, City  Hall and on‐street on Withington • Standard Pass at Withington, Falvey NEXT STEP:  Residential Pass E.Breckenridge & Carah‐Schnell g NO PASSES @ • Library, Como’s, Big Troy, Rosie and  Planavon IMPLEMENT JANUARY 1, 2010
  15. 15. PROPOSED PASS  PRICING Discount Standard •Month ‐ $40 •Month ‐ $60 •3‐Month ‐ h •3‐Month ‐ h $ $100 $ $150 •Year ‐ $360 •Year ‐ $540
  16. 16. PASS COMPARISON PASS COMPARISON • Interior Surface Lots $60/month • Remote Surface Lots $25/month Royal Oak • Structures $40 & $35 per month •NNo annual discount rate on surface lots l di f l • =$300 ‐ $720 per year • Ranges from $30 ‐ $55/ month Birmingham Bi i h • No annual discount rate • =$360 ‐ $660 per year
  17. 17. PASS COMPARISON PASS COMPARISON 6 DAY  6 DAY • $1.54/DAY  FOR DISCOUNT PASS • $2.30/DAY FOR STANDARD PASS WORK  • =INCREASE OF 76 CENTS PER DAY INCREASE OF 76 CENTS PER DAY WEEK • AN ANNUAL STANDARD PASS = $1.73/DAY PAYING AT  • 8 HOUR SHIFT AT 75 CENTS/HOUR = 8 HOUR SHIFT AT 75 CENTS/HOUR =  THE  THE $6/DAY METER
  18. 18. TICKETS/FINES $25 after 72  $25 f 72 FERNDALE $6 hours $40 after 10 days $20 after 72  ROYAL OAK $8 hours $7 for 1st 7  $15 after 10  violations; $25  BIRMINGHAM for 8th in  days; $35 after  10 days calendar year PLYMOUTH $15 $10 late fee
  19. 19. TICKETS/FINES CURRENTLY ALL FINES GO FROM GENERAL FUND  CURRENTLY ALL FINES GO FROM GENERAL FUND TO COURT BUDGET • $195 000 ANNUALLY $195,000 ANNUALLY • 14,000 TICKETS AUTO PARKING FUND ULTIMATELY SHOULD BE  AUTO PARKING FUND ULTIMATELY SHOULD BE WHOLE AND PREFERABLY SELF‐SUFFICIENT IF GOAL = DECK, Then We Must Increase Parking  Fines & Redirect Funds To Auto Parking Fund g
  20. 20. TICKETS/FINES MINIMUM • INCREASE TO $10 • $4 GOES TO AUTO PARKING FUND • GENERATES $56,976 ADDITIONAL FUNDS RECOMMENDED • ALL FINES GO TO AUTO PARKING FUND ($251,976) ALL FINES GO TO AUTO PARKING FUND ($251 976) • AUTO PARKING FUND PAYS FOR TICKET PROCESSING FEES • @$237,976 NET TOWARDS PARKING DECK BOND
  21. 21. MATH METER REVENUE $ $309,000 PARKING FINES +$237,976 PARKING FINES +$237 976 BOND REVENUE  =$546,976
  22. 22. TIMEFRAME PASSES – JANUARY 1, 2010 METERS & FINES SPRING – SUMMER 2010 METERS & FINES SPRING  SUMMER 2010 CONSTRUCTION – SPRING 2011

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