Fiscal Note
No appropriation is required to implement the test program. City Engineering and Traffic Engineering estimate that implementation of the program as proposed as "Option 6C" will cost $497,500. (It should be noted that of the total cost, $295,500 is for pavement improvement on the capitol square that will be done regardless of the disposition of the Parking on the Square program; therefore, total costs ascribed soley to the new program amount to $202,000.) Funding is included in the 2005 operating and capital budgets among several agencies and projects as follows: $278,000 from the City Engineering--Major Streets "Pavement Management" capital program (project #5); $100,000 from the State Street-Capitol Square "TID 23 - Capitol Square-Mifflin St." capital program (project #16); $100,000 from the Planning and Development "TID 25-Capitol Square-Wilson St." capital program (project #11); and $19,500 from the Parking Utility operating budget. No additional appropriation is anticipated. In addition, the program is anticipated to yield an estimated $50,000 in annual revenues for the Parking Utility.
Title
SUBSTITUTE - Directing Traffic Engineering, and Parking Utility and City Engineering staff to develop and implement a plan to return public parking to the Capitol Square.
Body
WHEREAS patron parking convenient to businesses is one component of a successful downtown; and
WHEREAS the business community has repeatedly requested parking be allowed on the outside lanes of the Capitol Square; and
WHEREAS the Mayor has directed Traffic Engineering, Parking, Madison Metro, Planning and City Engineering to work together to develop parking concepts which minimize impacts to the users of the Capitol Square; and
WHEREAS this staff team has identified several options for angle and parallel parking; and
WHEREAS Option 4A Modified 6C provides the opportunity to maximize parking while minimizing impacts to the public and Madison Metro operations; ...
Click here for full text