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1 RiversideCA.gov
1 RiversideCA.gov
City Council
July 19, 2022
PUBLIC PARKING PROGRAM -
AMENDMENT OF THE PARKING RATE AND
HOUR SCHEDULE - RESOLUTION
Public Works Department
RiversideCA.gov
2 1. On February 15, 2022, City Council adopted a
resolution revising the Parking Rate and Hour
Schedule to include changes to the program’s
rates and hours of operations within the Parking
Ecosystem and Sustainability Plan; and
2. Downtown stakeholders have expressed their need
for modifications to the discounted programs.
BACKGROUND
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2 RiversideCA.gov
3 Since 2001, City has offered a 50% discount in the public garages as shown below.
Recommendation : Increase limit from two (2) validation booklets to four (4), each booklet contains 50 stickers.
DISCOUNTED VALIDATION BOOKLET PROGRAM
Validation Book Market Value Discounted Price
50 – ½ Hour Stickers $ 50 $ 25
50 – Hourly Stickers $100 $ 50
RiversideCA.gov
4 1. Since 2007, City enables business
owners to purchase tokens at a 50%
discount for their patrons use.
2. Currently, downtown businesses may
purchase up to 200 tokens per month
with a minimum purchase of 100
tokens for $50.
3. Recommendation: Increase limit
from two 200 tokens to 300 tokens
per month.
TOKEN PROGRAM
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5 1. City Council adopted the Discounted Employee
Permit Program in 2017 to offer a discounted permit
to part-time employees that qualify as low-income.
2. Current permit hours are 6 AM – 6 PM and maximum
wage is $18.
3. Recommendation: Increase the wage limit from $18
to $21 per hour and allow the applicant to select
the 12-hour period of work for their permit.
DISCOUNTED EMPLOYEE PERMIT PROGRAM
RiversideCA.gov
6 1. Adding the same level of flexibility to
other downtown parkers that allows
parkers to select a 12-hour parking
period in one garage per month.
2. Recommendation: Create a Flex
Monthly Permit, with a proposed cost
of $215 per month, which includes a
management recovery cost.
FLEX MONTHLY PERMIT
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7 1. With the new rates, special event
coordinators are subject to the meter rates
when encroaching on these spaces.
2. For example, the Saturday Farmers Market
using 52 metered spaces on Main Street is
subject to $910 meter fees per day
= $3,640 per month.
3. Recommendation: Establish a Temporary
Moratorium to provide free parking for
these situations during the next 120 days.
TEMPORARY MORATORIUM –
SPECIAL EVENT COORDINATORS
RiversideCA.gov
8 Envision Riverside 2025 Strategic Plan Priorities
#3 Economic Opportunity
STRATEGIC PLAN ALIGNMENT
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9 1. Discounted Validation Booklet Program – With
twenty (20) businesses using the maximum of four
(4) booklets per month, the estimated annual
transient parking net revenue loss is $50,400;
2. Token Program – Assuming ten (10) businesses using
the additional 100 tokens per month, the estimated
annual transient parking net revenue loss is $6,000;
FISCAL IMPACT
RiversideCA.gov
10 3. Discounted Employee Permit Program – With an
estimated fifty (50) employees participating per month, the estimated annual transient parking net revenue loss is $115,200;
4. Flex Monthly Permit - The total impact will vary based on participation and the hours selected by the parking
customer therefore, staff is unable to report an
estimated fiscal impact on this item.
5. Temporary Moratorium for Special Event Coordinators – The impact to the Parking Fund revenue depends on
the resulting number of special events held in the next 120 days.
FISCAL IMPACT
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11 That the City Council:
1. Approve the following discounted program
recommendations:
a. Modify the Discounted Validat ion Booklet Program to allow Downtown businesses to purchase up to four (4) validations booklets per month;
b. Modify the Discounted Token Program to allow Downtown businesses to purchase up to 300 tokens per month; and
c. Modify the valid parking hours and wage eligibility requirement within the Discounted Employee Permit Program to allow for additional participation;
RECOMMENDATIONS
RiversideCA.gov
12 2. Create a Flex Monthly Permit for all downtown parkers with flexible parking hours;
3. Establish a temporary moratorium to provide free
metered parking for special events encroaching upon
those spaces to explore a discounted encroachment
meter rate for special events; and
4. Adopt a resolution amending the Parking Rate and
Hour Schedule to reflect modifications to the programs
that offer discounted rates of the City’s public parking.
RECOMMENDATIONS
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