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CITY OF RIVERSIDE CITY COUNCIL/REDEVELOPMENT AGENCY MEMORANDUM Honorable Mayor and City Council Redevelopment Agency Date: February 20, 200] Item No.: 8 Subject: Third Amendment to the Agreement between the City of Riverside and the Redevelopment Agency (Downtown Municipal Parking Facilities) to Designate Lot 40 (Multi-Modal Transportation Center) as a Municipal Parking Facility Background On June 21, 1994, the City Council entered into an Ag~ement with the Redevelopment Agency to assume the responsibilities for operational control and maintenance of the Parking Authority's municipal parking facilities as well as City owned municipal parking facilities Downtown. On October 3, 1995, the Agreement was amended to allow the Agency to set fees and charges and the hours of operation. On September 28, 1998, a second amendment was authorized to designate Agency owned or leased parking facilities as "Municipal Parking Facilities" as the term is so defined in giverside Municipal Code Section 10.60.010. Current Issue Lot 40 located at the Multi-Modal Transportation Center was constructed as a component of the Mission Village project and considered a public improvement (see attached map). Several concerns have been raised regarding the future use, maintenance, and enforcement of this newly created lot. To address the concerns, Agency staff proposes to designate Lot 40 as a "Permit Parking Lot," which is considered public parking provided it is open to the public for permit use only. Of the 45 parking spaces and 4 handicapped spaces available in this lot, Fire Administration has already requested 10 spaces, leaving 35 available for public permit parking. Agency staff proposes that Lot 40 be designated as a "Municipal Parking Facilities" as the term is so defined in Riverside Municipal Code Section 10.60.010, which indicates that "a municipal parking facility is a lot, garage or parcel of land owned, purchased or leased by the City, or in which the City has the possessory right or interest, and which is designated as a municipal parking lot or garage for the off-street parking of vehicles." In addition, parking enforcement of Lot 40 would be conducted by the Parking Enforcement Officers under the City's Finance Department. Analysis The City, by this Third Amendment to the Agreement, shall give the Agency the authority to manage and operate Lot 40. Therefore, it is requested that the City Council approve a Third Amendment to its June 21, 1994 Agreement with the Redevelopment Agency to assume operational control of the above-mentioned lot. Committee Action Staff presented this item to the Downtown Parking Committee on February 8, 2001. The Committee concurred in the suggested recommendation and then moved this item forward for consideration by the Finance Committee. Staff presente~l this item to the Finance Committee on February 12, 2001. All three Committee members were present and concurred in the suggested recommendation and then moved this item forward for consideration by the Agency Board.