Submitted By: Holly Lang, Fiscal Manager
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Presentation By: Rachel Fautsch
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Department: Growth Management
STAFF RECOMMENDATION (Motion Ready):
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Adopt Budget Resolution 2024-141 amending the Fiscal Year 2023-24 budget to appropriate funds from the reserved parking revenue account to purchase three MacKay Tango meter pay stations for downtown parking in the amount of $20,525
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OCALA’S RELEVANT STRATEGIC GOALS:
Operational Excellence, Quality of Place
PROOF OF PUBLICATION:
N/A
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BACKGROUND: To increase available public parking and generate revenue in the downtown area, the Parking Division is planning to add MacKay Tango (Tango) parking pay stations in designated parking lots. The initial lots that will utilize the pay stations will be Lot 7 (parcel #2854-036-004), located on the NW corner of SW Broadway Street and SW First Avenue, and the Marion Theatre Lot (parcel #2853-046-007), located on the NE corner of W Fort King Street and SW First Avenue.
- Adding the pay stations and parking passes for designated areas in the Marion Theatre lot will allow for appropriate enforcement.
- Converting Lot 7 to a paid public lot, utilizing current parking rates and assuming a 50 percent capacity, will generate an estimated annual revenue of $21,060. The current estimated annual revenue for this lot is $8,640.
- The third pay station will fulfill the need of redundancy and act as backup equipment.
Installation of the pay stations downtown will add 46 parking spaces to the public parking inventory in the downtown area, Monday through Friday, 8 a.m. to 5 p.m.
This conversion is part of the parking plan presented to City Council at its January 30, 2024, workshop.
FINDINGS AND CONCLUSIONS: Utilizing Tango pay stations in the downtown parking areas will increase parking in the downtown by 46 spaces during weekdays and provide continuity in devices. The Tango pay stations are provided through MacKay, the current meter provider for the City of Ocala. Adding pay stations in Lot 7 and the Marion Theatre lot is estimated to increase annual parking revenue by over $12,000. The pay stations will be ADA compliant and will accept payment by coin, card, tap-to-pay, and app payments.
FISCAL IMPACT: In accordance with the development agreement between the City of Ocala and Downtown Ocala, LLC, the City receives annual payments in the amount of $54,000 for reserved parking spaces in the downtown parking garage. This funding, which is received in revenue account 094-344-000-000-02-34520, is to be used for activities in support of parking and will be used to purchase the pay stations. The expense account will be applied to 094-016-016-515-51-52060.
PROCUREMENT REVIEW: N/A
LEGAL REVIEW: This budget resolution will be reviewed and approved for form and legality by City Attorney, William E. Sexton.
ALTERNATIVE:
• Adopt with changes
• Table
• Deny
BUDGET RESOLUTION 2024-141
A RESOLUTION AMENDING THE FISCAL YEAR 2023-24 BUDGET TO APPROPRIATE FUNDS FROM THE RESERVED PARKING REVENUE ACCOUNT TO PURCHASE 3 TANGO METER PAY STATIONS FOR DOWNTOWN PARKING IN THE AMOUNT OF $20,525
WHEREAS, to increase available public parking and generate revenue in the Downtown area, the Parking Division is planning to add parking Tango pay stations in designated parking lots; and
WHEREAS, the Tango Pay Stations will be purchased from Mackay Meters, which is the current meter provider for the City of Ocala, at a cost of $20,525; and
WHEREAS, the pay stations will allow for appropriate enforcement of the Marion Theatre lot and Lot #7 as well as provide a third pay station to fulfill the need for redundancy and act as backup equipment; and
WHEREAS, funding is available in revenue account 094-344-000-000-02-34520.
NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF OCALA, FLORIDA, duly assembled in regular session, that the Fiscal Year 2023-24 budget be amended as outlined below.
SOURCE:
094-344-000-000-02-34520 Parking’s Reserved Parking Revenue $20,525
USE:
094-016-016-515-51-52060 Parking’s Equipment $1,000 - $4,999 $20,525
This resolution adopted this ______ day of ______________________, 2024.
ATTEST: CITY OF OCALA
By: By:
Angel B. Jacobs Barry Mansfield
City Clerk President, Ocala City Council
Approved as to form and legality:
By: _________________________________
William E. Sexton
City Attorney
Reviewed for accounting accuracy & completeness:
By: _________________________________
Peter A. Lee
City Manager