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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />MAY 1, 2006 <br />TITLE: <br />MANAGEMENT AGREEMENT <br />EXTENSION FOR MUNICIPAL <br />PARKING GARAGE OPERATOR <br />IN DOWNTOWN <br />~~ <br />Qyocacion use <br />CLERK OF COUNCIL USE ONLY: <br />CITY MANAGER <br />RECOMMENDED ACTION <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 1s~ Reading <br />^ Ordinance on 2nd Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Direct the City Attorney to prepare and authorize the City Manager and the <br />Clerk of the Council to execute a management agreement for the operation <br />of four Downtown public parking garages for a one-year period at a fixed <br />rate not to exceed $11,940. <br />DISCUSSION <br />On February 5, 2001, the Council approved a three-year contract with Ace <br />Parking, Inc. for management of the four Downtown parking garages located <br />at Third & Birch, Third & Broadway, Fifth & Main, and Fifth & French <br />Streets. On February 22, 2005, the Council approved a one-year extension <br />period expiring on April 30, 2006. Staff has been satisfied with the <br />services provided by Ace Parking and recommends renewing the management <br />agreement for one additional year. <br />FISCAL IMPACT <br />The four parking garages generate the necessary revenue to offset all <br />operating expenses and fees. Funds are available in the Downtown Parking <br />Facilities account (account no. 27-014-6291). <br />/l//~L~i <br />Pa ricia C. Whitaker <br />Executive Director <br />Community Development Agency <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~M me ~ prl~ 1~.~.~ <br />Francisco Gutierrez ~,,J <br />Executive Director <br />Finance & Management Services Agency <br />PCW/DM/mlr <br />H:\ACTIONS\2006 CC\MgtmtAgseExtMUniPaikingGax'age0perinDT 5-1-06. doc <br />25F-1 <br />