City of Sacramento
City Council - 5PM Report
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File ID: 2023-00682 6/13/2023 Consent Item 10.
Parking Management Agreement: The Mezzo Apartments
File ID: 2023-00682
Location: 6400 Folsom Blvd., District 4, Represented by Councilmember Valenzuela Recommendation: Pass a Motion authorizing the City Manager or the City Manager’s designee to execute a parking management agreement with 65th & Folsom LP for the City’s operation of the Mezzo Apartments parking lot located at 6400 Folsom Boulevard for an initial term of five years and one, five-year extended term option.
Contact: Matt Eierman, Parking Services Manager, (916) 808-5849; [email protected], Department of Public Works Presenter: None
Attachments:
1-Description/Analysis
2-Agreement
Description/Analysis
Issue Detail: Since January 1, 2023, the Parking Services Division has been managing the parking lot at the Mezzo Apartments which is owned by 65th & Folsom LP and located at 6400 Folsom Boulevard. The parking lot contains approximately 110 parking spaces and is used exclusively by tenants of the apartments. The current parking management agreement expires June 30, 2023. Staff are recommending entering into a new agreement for an initial term of five years with one, five-year
File ID: 2023-00682 6/13/2023 Consent Item 10.
extended term option.
Policy Considerations: This recommendation is consistent with City Code Chapter 3.04.020 regarding agreements involving income or expenditure of $250,000 or more.
Economic Impacts: None.
Environmental Considerations:
California Environmental Quality Act (CEQA): This agreement is exempt from the California Environmental Quality (CEQA) under CEQA Guidelines Section 15301 because the agreement involves operation of an existing private structure or facility involving no expansion of the existing use.
Sustainability: Not applicable.
Commission/Committee Action: None.
Rationale for Recommendation: The City’s Parking Services Division has managed the parking lots at the Mezzo Apartments since January 1, 2023. Approving the proposed parking management agreement will allow the City to continue to provide a consistent parking experience for residents of the apartments.
Financial Considerations: The City will collect all revenue generated from its operation of the Mezzo Apartment parking lots. 86 percent of the revenue collected will be returned to the owner and the remaining 14 percent of revenue will be retained by the City to cover its operating expenses and management fee. The City will retain all revenue from citations issued to vehicles parked in the parking lots. The City’s parking management fee will be credited to the Parking Fund (Fund 6004). All citation revenue will be credited to the General Fund (Fund 1001).
Local Business Enterprise (LBE): Not applicable.