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1 RESOLUTION NO. 06-18443 A RESOLUTION INCREASING CERTAIN FEES AND RATES FOR CITY-OWNED PARKING GARAGES AND PARKING METERS AND REPEALING RESOLUTION NO. 01-17659 WHEREAS, the fees for parking in metered, City owned parking spaces and parking garages were last set in January 2001 by Council Resolution No. 01-17659; and, WHEREAS, the fees should be increased to more accurately reflect the cost of services to be provided, to provide adequate revenue to finance construction, and reflect the increased inflation costs since 2001; and WHEREAS, the City Council has duly considered the matter. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BILLINGS, MONTANA, AS FOLLOWS: 1. The reserved parking fees for all City owned parking shall be as follows: General Reserved $50.00 Basement/Assigned $65.00 YR1 $75.00 YR2 $85.00 YR3 $95.00 YR4 $100.00 YR5 Roof Reserved $25.00 discount per space for volume renters shall be as follows: Five or more spaces 5% Twenty-five or more spaces 10% One hundred or more spaces 15% The hourly rate for all City owned parking garages shall be $ .25 per hour for the first two hours and $1.00 per hour for each subsequent hour or part of an hour with a maximum charge of $5.00 per day. 2. The hourly rate for on street parking meters and all meters currently $ .25 per hour shall be $ .35. 3. The City Administrator or designee may establish parking meter rates as low as $ .10 per hour for meters located outside the core of the Central Business District as defined by the Parking Advisory Board. ---PAGE BREAK--- 2 4. The parking division may sell permits for parking at parking meters that have been designated for 10 hour parking. 5. The “Green Meter Project” proposed by the Downtown Billings Association (DBA) is approved so that one parking meter on each side of each block may be designated a “green meter”. The hourly rate at a green meter shall be $ .50 per hour and the City and the DBA will equally share revenues from green meters. The DBA will provide signage for green meters. The signage is subject to approval of the Parking Advisory Board. 6. All revenues from parking fines and parking meters shall be deposited in the Parking Enterprise Fund and parking enforcement costs will be paid from the Parking Enforcement Fund. The Parking Enterprise Fund will transfer to the City General Fund an amount equal to the amount transferred in FY 2006 that was calculated in the manner outlined by City Resolution No. 01-17659. 7. The fees in this resolution supersede fees previously set by the City Council and may be changed by subsequent council action. 8. In January and July of each year, City staff shall review with the Parking Advisory Board and the City Council the Parking Enterprise Fund’s revenues and expenses, parking enforcement and other downtown parking issues. 9. REPEALER. Resolution No. 01-17659 is hereby repealed. 10. EFFECTIVE DATE. This Resolution shall be effective July 1, 2006. 11. PASSED by the City Council and APPROVED this 26th day of June, 2006. CITY OF BILLINGS BY: Ron Tussing, MAYOR ATTEST: BY: Marita Herold, CMC/AAE CITY CLERK