Title
AN ORDINANCE APPROVING A FIRST AMENDMENT TO A PARKING LICENSE AGREEMENT WITH VOGUE CONDOMINIUMS OWNERS ASSOCIATION, INC. REDUCING THE NUMBER OF PARKING SPACES FOR WHICH THE CITY SHALL PAY A LICENSE FEE AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE SAME BY AND ON BEHALF OF THE CITY.
(Note: First read by City Council on September 21, 2017.)
Body
Issue/Request:
AN ORDINANCE APPROVING A FIRST AMENDMENT TO A PARKING LICENSE AGREEMENT WITH VOGUE CONDOMINIUMS OWNERS ASSOCIATION, INC. REDUCING THE NUMBER OF PARKING SPACES FOR WHICH THE CITY SHALL PAY A LICENSE FEE AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE SAME BY AND ON BEHALF OF THE CITY.
Key Issues:
The Vogue Condominium Owner's Association (VCOA) desires to amend the Parking License Agreement between the VCOA and the City for the public parking within the Vogue Condominium parking garage. The main goal of the amendments is to create a more defined delineation between public and private parking spaces within the parking garage.
Highlighted below are the substantive changes proposed within the First Amendment to the Parking License Agreement:
* Language to clarify/delinieate public/private parking spaces - the proposed amendment would allow public parking on the eastern half of the garage (both upper and lower decks) along with two parking spaces on the western half of the garage (24 total), and private/resident parking on 24 spaces of the western half of the garage (both upper and lower decks).
* Reduce the number of public parking spaces from 28 to 24 - with the proposed changes to the parking arrangement to create a better understood delineation of public/private parking spaces, the publicly available parking spaces would be reduced by 4 spaces.
* Reduce the fees paid by City for use of public parking spaces - fees revised to reflect reduction of public parking spaces from 28 to 24 spaces.
* Reduction in duration of Parking License Agreement term - reducing the term of the Parking License Agr...
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