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CC - ACTION ITEM: Adoption of a Resolution Establishing Parking Meter Rates Citywide and Rescinding Resolution No. 2016-R010.
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Meeting Date: May 13, 2024
Contact Person/Dept.: Andrew Maximous/Public Works
Phone Number: (310) 253-5628
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Attachments: Yes [X] No []
Public Notification: (E-Mail) Meetings and Agendas - City Council (05/07/2024)
Department Approval: Yanni Demitri, Public Works Director & City Engineer (04/23/2024) _____________________________________________________________________
RECOMMENDATION
Staff recommends the City Council adopt a resolution establishing parking meter rates citywide and rescinding Resolution No. 2016-R010.
BACKGROUND
Parking in Culver City is a limited resource that is in high demand. The Public Works Department operates approximately 1,990 on-street parking meters within the City that generate an average of $82,000 in revenue per month.
On-street parking meters allow cities to manage on-street parking demand to promote efficient turnover and increase availability for the public to utilize or visit the adjacent land uses. The main tools to effectively manage on-street parking supply are parking rates, duration of stay, and time of operation. Of these, parking rates play a key role in traveler mode choice.
The City's current parking meter rates were adopted in 2013 and revised in 2016. The rates range from $0.25 to $1.50 per hour based on the location within the City. Staff has analyzed the current on-street parking rates in various neighboring cities and is proposing that the City consider adjusting the parking meter rates in order to align with other cities in the region, reduce unnecessary on-street circulation and congestion, increase parking availability, and allow the City to more efficiently manage on-street parking demand.
DISCUSSION
Existing Meters
The Public Works Department operates approximately 1,99...
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