Introduce Ordinance amending
Chapter 10.10 Paid Parking Zone
Agenda Item 12.A
By Nadia Feeser, Administrative Services Director
Meeting Date: September 5, 2023
Background
April 17, 2007
•City Council adopted Ordinance O-2007-03
•Pismo Beach Municipal Code Chapter 10.10
•Ensures adequate parking for residents and visitors through eventual construction or establishment of additional parking facilities •Establishes a paid parking zone, manner of collecting fees, and purpose for which fees can be used
Background
•May 2, 2023
•City staff presented Public Safety Facility proposed funding plan •General Fund alone cannot support the Facility construction •Parking Enterprise Fund has available funds to support the Facility construction costs.
•If using Parking Enterprise Fund available cash, then must defer the parking garage project to the future when more cash is accumulated
Municipal Code Chapter 10.10 Paid Parking
Zone
•Municipal Code Chapter 10.10 Paid Parking Zone
•Does not allow for use of funds to support the Public
Safety Facility
•Proposed expanded uses of the Parking Enterprise Fund
net revenues:
•Support the parking functions and related public safety support of parking functions associated with and located within the Public Safety Facility
•Transportation and circulation improvements in Zone
•Beautification and streetscape improvements in Zone
Municipal Code Chapter 10.10 Paid Parking
Zone – Yellow are additions
1.For the purchasing, leasing, installing, repairing, maintaining, operating, removing, regulating, and policing of parking meters and pay-and-display stations in the city and for the payment of any and all expenses relating or incidental thereto.
2.For the purchasing, leasing, acquiring, improving, operating, and maintaining of off- street parking facilities in the city.
3.For the installation and maintenance of traffic control devices and signals,and transportation and circulation improvements.
4.For the painting and marking of streets and curbs required for the direction of traffic and the parking of motor vehicles.
5.For the proper regulation, control, and inspection of parking and traffic upon the public streets.
6.To be pledged as security for the payment of principal and interest on bonds issued by the city or for the payment of parking improvements lease payments to the Pismo Beach Public Financing Authority.
7.For transfer into the general fund to support the parking functions and related public safety support of parking functions associated with and located within the Public Safety Facility project.
8.For beautification and streetscape improvements in the Paid Parking zone.
Fiscal Impact
•Proposed* funding plan included:
•FY 2024: $4.0 million from Parking Enterprise Fund available fund balance •FY 2026 - FY 2035: $600,000/year
•FY 2036 - FY 2045: $300,000/year
*Pending final financing structure and construction-related cost (soft cost) projection. ** There is no debt being issued by the Parking Enterprise Fund
Recommendation
•Introduce an ordinance of the City Council of Pismo
Beach, California amending Chapter 10.10: Paid Parking
Zone, of the City of Pismo Beach Municipal Code, relating to using parking funds for various purposes