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RESOLUTION 92-20581 RESOLUTION No. 92- 20581 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AN INCREASE IN PARKING METER RATE FEES IN RESIDENTIAL AND COMMERCIAL AREAS WITH AN EFFECTIVE DATE OF OCTOBER 1, 1992. WHEREAS, the City Commission of the City of Miami Beach, Florida, adopted Resolution No. 88-19486 on December 21, 1988; and WHEREAS, the above referenced resolution increased the rate structure for all meters by $0.10 per hour; and WHEREAS, the above referenced rates were increased to $0.30 and $0.50 per hour respectively; and WHEREAS, a survey of similar cities reflect rates between $0.75 and $1.00 per hour for on-street and beachfront metered locations; and WHEREAS, the Administration has reviewed the supply and demand for parking in a series of locations throughout the City; and WHEREAS, the affected meters are principally located in the area between Fifth and Fifteenth Streets, from Ocean Drive to Washington Court; and WHEREAS, the Administration, in conjunction with the City's contracted consultant, has determined that additional parking is required; and WHEREAS, an increase in meter rates would enhance the revenues in the parking system allowing for additional bonding capacities; and WHEREAS, a rate structure revision would enhance revenues to the parking system by $350,000 annually. NOW,THEREFORE,BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the City Commission of the City of Miami Beach hereby directs the City Manager to amend the metered parking rate structures for applicable mechanisms as follows: CURRENT FEE: AMENDED FEE: $ 0.30/hour $ 0.40/hour $ 0.50/hour $ 1.00/hour BE IT ALSO DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the amended fee structure have an e. -ctive date of October 1, 1992. All PASSED and ADOPTED this 2nd day of S• 'tem. -r 1992. AAA • YO' Attest: fAhr14,A.-- Form Approved by Legal: City Clerk mm/ • • CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 OFFICE OF THE CITY MANAGER TELEPHONE: (305) 673-7010 FAX: (305) 673-7782 C MEMORANDUM NO. Z COMMISSION 2 TO: Mayor Seymour Gelber and DATE: September 2, 1992 Members of the City Commission FROM: Roger M. Cartt ., City Manager SUBJECT: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AN INCREASE IN PARKING METER RATE FEES IN RESIDENTIAL AND COMMERCIAL AREAS WITH AN EFFECTIVE DATE OF OCTOBER 1, 1992. ADMINISTRATION RECOMMENDATION: The Administration recommends that the City Commission adopt the attached resolution which amends the rate structure applied to meters, increasing fees from $0.30 to $0.40 per hour and $0.50 and $1.00 per hour respectively. BACKGROUND: Parking usage in locations throughout the City has considerably increased during the past several years. This results from the opening of many new businesses, restaurants and entertainment facilities as well as a significant number of rehabilitated residential units. Accordingly, the demand for on- and off-street parkinghas increased proportionately. Us!ng theres of supply and demand, the Administration, in conjunction with a contractual consultant, has determined that rates in several locations require revisions. The last rate structure change occurred in December, 1988 at which point, recommendations were made by the City's consultant, Barton-Aschman and Associates to revise system-wide rates from $0.20 to $0.30 per hour and from $0.30 and $0.50 per hour respectively. At the December 21, 1988 meeting of the City Commission, adopted Resolution No. 88-19486 which directed the Administration increase the rate structures in accordance with the consultant's recommendations with the exception of two satellite lots which remain at $0.20 per hour. CONCLUSION: The Administration and consultant have reviewed the existing rate structure, compared these rates to other comparable municipalities, and examined the parking demand throughout the City. The findings have identified the need for additional parking and increased revenues to support future financing need. As recommended, the meters rates which would be revised are principally in the areas of Ocean Drive, Collins and Washington Avenues between Fifth Street and 21st StrB.t In addition, beaenfront parking lot rate; would be revised upwardly. Other comparable cities in Florida, such as Fort Lauderadale, Hollywood, and Tampa, which have similar beachfront parking facilities, apply rates of between $0.75 and $1.00 per hour; therefore, the proposed rate increase would be consistent with surrounding municipalities. The demand for parking is at a premium and the rate structure should be competitive with the market place. 30 RMC. 1 AM: c (1 - 2-0S3 attachment AGENDA ITEM - DATE VA1( !.1VAL RESOLD #ON NO. 92-20581 Approving an increase in parking meter rate fees in residential and comme,-ical areas with an effective date of October 1, 1992. .