Loading...
HomeMy WebLinkAboutDSD-19-138 - Parking Agreement - Bramm Street YardREPORT TO:Committee of the Whole DATE OF MEETING:May 27, 2019 SUBMITTED BY:Barry Cronkite. Director,Transportation Services, 519 741-2200 x 7738 Brian Bennett, Manager EconomicDevelopment, 519 741-2200 x 7230 PREPARED BY:Paul A. McCormick, Manager, Parking Enterprise, 519 741-2200 x 7155 WARD (S) INVOLVED:Ward9 DATE OF REPORT:May 13, 2019 REPORT NO.:DSD-19-138 SUBJECT:Parking Agreement -Bramm Street Yard ___________________________________________________________________________ RECOMMENDATION: That the Mayor and Clerk be authorized to execute aparking agreement satisfactory to the City Solicitor to lease an area of the Bramm Street Yards parking lot comprising 45 parking spaces and a landscaped area to 100VIC GP Inc.,and Thatthe Manager, Parking Enterprisebe authorized to execute temporary parking agreements on City Lands having a term of not greater than threeyears, provided that any such agreements shall have been approved by the City Solicitor and provided further that any such agreements having a term in excess of oneyear shall include provision for cancellation by the City on not greater than 60 days noticeand/or a provision to relocate parking to other parking facilities. BACKGROUND: Momentum Development and VIC100 GP Inc. is constructing Phase 2 at One Hundred Victoria Street and Phase 3, the Garment Street Condos, on their site adjacent to Phase 1 located at . They have approached staff to investigate an interim parking solution requiredto facilitate construction. REPORT: from 100 VIC to enter into a 1 year parking agreement;with a 3 month renewal option;withinthe City owned property located at 55 Bramm Street. 100 VIC requires 45 parking spaces, existing drive aisles and a section of landscaping (as depicted in Schedule A)for their staging and laydown area during construction. 100 VIC has agreed to pay market rate for all45 parking spaces and provide liability insurance acceptable by the City throughout the term of the agreement. In addition, they have agreed to indemnify and hold harmless the City from any and all lossesand damagesas directed by solicitor.They will also be responsible forall repairs within the parking area as a result of their construction activities. ***This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994for assistance. 6 - 1 It is worth noting that the Parking Enterprise and Economic Development Division occasionally receive requests for parking assistance similar to the above from businesses and organizations in the downtown. Advance notice of these requests are typically short and the ability to make decisions quickly would help to provide effective service, promote development and secure future revenue. To accommodate these requests, it is requested that the Managerof the Parking Enterprise be authorized to execute temporary parking agreementsbased on the following conditions: on City Lands; a term of not greater than three years; agreements have been approved by the City Solicitor; anyagreements having a term in excess of one year shall include provision for cancellation by the City or a provision to relocate parking to other parking facilities. 6 - 2 These short term agreements yield a number ofpotential benefits including: Increased revenue and the ability to meet financial objectives; Increased occupancy and/or market share; Better customer service; Assisting economic development initiatives to attract new businesses. ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: the delivery of core service. FINANCIAL IMPLICATIONS: The annual parking feesfor 45 parking spaces at the current rates will be $62,051. COMMUNITY ENGAGEMENT: INFORM website with the agenda in advance of the council / committee meeting. CONCLUSION: The proposed recommendation will provide flexibility for staff to entertain new opportunities including but not limited to unused or underutilized parking inventory. Mostimportantly, it empowers staff to find ways to ensure our facilities are used to as near capacity as possible. ACKNOWLEDGED BY: Justin Readman, General Manager Development Services Department 6 - 3