06/20/2000 RA RPT 04 - Laserfiche WebLink

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CITY OF RIVERSIDE REDEVELOPMENT AGENCY MEMORANDUM Honorable Mayor & Agency Members Date: June 20, 2000 Item No.: 4 Subject: Request Authorization to Exercise the Agency's Option to Extend the Parking Management Agreement with Ampco System Parking Background For the last four years, Ampco System Parking, has provided parking management services to the downtown parking lots and garages, as well as the Justice Center metered area. The existing Parking Management Agreement with Ampco is for a three-year period, which commenced on July 1, 1996, expired on June 30, 1999, and included the right to extend the Agreement thereafter on a year-to-year basis for a maximum of two years. During the contract term, the Agency authorized several amendments, which include the management services of the Justice Center metered parking area, an increase to Ampco's management fee, and other certain modifications pertaining to their key personnel and pay ranges. Current Issue The Agreement with Ampco System Parking expires on June 30, 2000. Given that Ampco has provided excellent service to the Agency and to our clients, Agency staff would like to request extending the Agreement for another year. Based on the Scope of Services, the Agency has the option to extend the Agreement on a year-toqyear basis for a maximum of two years, this extension concludes the Agency's options. Analysis On March 21, 2000, the Agency Board authorized the installation of card access and revenue control equipment to facilitate efficient operations for better accountability in certain downtown municipal parking facilities. At present, the revenue control equipment is being installed. It should be noted that Ampco System Parking has played a vital role in the installation process. Agency staff will continue to create additional incentives for Ampco System Parking to improve operations, services, increased net revenues to the Agency, and any other measures designed to promote usage of the City' s parking facilities. Fiscal Impact No additional appropriation is necessary since the Agreement will not include an increase to Ampco's management fee. The contract amount for fiscal year 2000-2001 will be $32,400. There are sufficient funds available in the Parking Professional Services Account No. 2830810-421000 for the remainder of fiscal year 1999-2000 Alternatives The Agency may elect not to move forward with to the Parking Management Agreement at this time. However, staff believes that Ampco has done very well in managing the Agency' s parking operations, providing services, and increasing the net revenues to the Agency. 4-1