JOINT CITY COUNCIL AND PARKING AUTHORITY BOARD AGENDA ITEM: FOUR FIFTHS VOTE REQUIREMENT Approval of an Agreement with Modern Parking Inc. for Parking Management Services at the Cardiff Ince and Watseka Parking Structures and the Venice and Virginia Parking Lots. Item Number: ___C 4 City of Culver City California Agenda Item Report Meeting Date: 01/30/12 JOINT CITY COUNCIL AND PARKING AUTHORITY BOARD AGENDA ITEM: FOUR FIFTHS VOTE REQUIREMENT Approval of an Agreement with Modern Parking Inc. for Parking Management Services at the Cardiff Ince and Watseka Parking Structures and the Venice and Virginia Parking Lots. Contact Person/Dept.: Christopher Evans/ CDD Todd Tipton/ CDD Fiscal Impact: Yes X No Public Hearing: Commission Action Required: Yes No X Date: _______________ Public Notification: E Mail) Meetings and Agendas City Council (1/27/12); (E Mail) Modern Parking Inc. Downtown Business Association and Chamber of Commerce on (1/10/12). Department Approval: Sol Blumenfeld: (01/26/12) Phone Number: (310) 253 5744 (310) 253 5783 General Fund: Yes X No Attachments: X Action Item: X City Attorney/Authority Counsel Approval: Carol Schwab (by H. Baker) (01/26/12) City Manager/Executive Director Approval: John M. Nachbar (01/26/12) Chief Financial Officer Approval: Jeff Muir (by N. Kimball) (01/26/12) RECOMMENDATION: Staff recommends the City Council and Culver City Parking Authority (Authority) Board: 1. Approve a new limited term (not to exceed one year with a one year option) tri party professional services agreement with Modern Parking Inc. (Modern) for parking management services at the Cardiff Ince and Watseka Parking Structures and the Venice and Virginia Parking Lots in an amount not to exceed $734 477; 2. Approve a budget amendment appropriating $86 000 (6 months of the total increase for the remainder of this fiscal year) for the proposed agreement; 3. Authorize the Chief Financial Officer to allocate the budget amendment to the appropriate parking structure ac...
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