The ordinance dictates that
1. Parking rates will be market driven with the goal of achieving 15% on-street parking stall vacancy and start at $0.75 an hour.
2. All revenue from the pay stations will go into a Parking Enterprise Fund to be used for parking-related expenses.
3. A citizens taskforce will be established to oversee the functionality of the on-street parking system.
The pay stations will be similar to those in Seattle or Portland, in which the parker purchases a window sticker with a time stamp and can take their paid time with them throughout the metered area of downtown. The boundaries of the initial metered area are roughly the boundaries of the BIA, all streets between S. 7th and S. 21st, “A” Street and Market St.
The parking pay stations will be rolled out this spring in conjunction with an extensive public outreach process to educate the public about use of the pay stations as well as alternative transportation choices for drivers unable or unwilling to pay and for downtown users looking for an alternative to driving their cars.
The specific details of the system (length of stay, when and how rates are adjusted, etc) will be decided by the citizens committee, which reports regularly to the City Manager and annually to the Environment and Public Works Committee of the City Council. This ordinance was the outcome of more than 18 months worth of public input from a diverse group of downtown and neighborhood stakeholders.