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HomeMy WebLinkAboutIR 7331 INFORMAL REPORT TO CI COUNCIL MEMBERS No. 7331 f'"" November 1, 1988 �oEFORr�o To the Mayor and Members of the City Council :as CULTURAL DISTRICT PARKING Subject: e» To support City Council ' s discussion of Cultural District Parking plans on Tuesday, November 1, I have attached copies of a memorandum addressing some of the attendant issues we presented to the Cultural District Committee at its October 12, 1988 meeting as well as a map and a general outline of the staff's proposed plan discussed at that meeting. It is my understanding that the Cultural District Committee may desire to make a presentation at the Work Session. One element of the staff' s proposed plan not addressed in detail in the documents attached is our intent to work with a Parking Advisory Committee comprised of representatives of institutions in the District as procedures are established to carry out the Council 's parking policy directive. It is recommended that all revenue from parking be deposited in a designated enterprise fund account with proceeds to be used to pay debt service on the bonds and for operating the facilities. Use of any excess revenues is a matter for Council discretion. After a prudent period of operation when we have confirmed our revenue and expenditure assumptions , you may wish to consider the City' s options for any excess revenue. I suggest that the Cultural District Committee be asked to recommend priority projects that would benefit from excess funds. If excess funds are generated in the magnitude estimated, City Council could consider the possibility of reducing the proposed rates or use the funds to satisfy the bonds earlier than planned. The recommended parking management plan is found on Page 4 of the attachment. The proposed parking plan is quite flexible and is capable of incorporating elements of some of the other plans that have been presented by citizens and the Cultural District Parking Committee, i .e. business sponsorship of days or weeks of free parking could be scheduled with sufficient lead time, and event or program sponsors who want to include a ticket surcharge for their patrons could be accommodated. A final Council decision on this issue must be made in the near future to allow adequate time for management planning as well as physical design and implementation. A decision on November 15th will allow staff to put a plan in motion to be implemented following the Southwestern Exposition and Livestock Show in February. If additional information is desired, it will be furnished upon request. OFFICIAL RFC ,^O CITY SECRETARY Dou s Harman FT. Y;ORTH, TEX. City Manager DH:kc Attachment ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS z CITY OF FORT WORTH, TEXAS - _ L6 - OFRCE OF THE CRY MANAGER October 12, 1988 1000 THROCKMORTON STREET FORT WORTH, TEXAS 76102 870-6M / AREA CODE 817 TO: The Cultural District Committee FROM: Douglas Harman, City Manager SUBJECT: Comments on Parking Plans for the Cultural District The Cultural District Committee has been requested to provide comments and recommendations regarding specific parking plans for the Cultural District. In addition, one of the main objectives of the Cultural District Committee has been to review and recommend the overall planning for the Cultural District. As the Committee moves forward to make recommendations regarding parking, it is critical to relate the issue of financing and planning for parking needs with the overall plans and objectives of the Cultural District. It is important that the long-term objectives of the Cultural District be consistent with the policies established regarding parking and its financing. The draft plans for the Cultural District, developed in conjunction with the Cultural District Committee and its members , called for significant improvements in the quality of the Cultural District and expansion of the activities in the District. The improvement in quality is reflected in a broad range of items, including signage, landscaping, road medians , new roadways, and other elements which would establish the District as being a very special place, consistent with the museums and activities of the District. The plan also calls for additional cultural space on public land or land to be acquired. One of the most far-reaching recommendations of the draft plan is to bring additional performing arts into the Cultural District through the renovation of Will Rogers Auditorium, improvements at the Scott Theatre, and development of a new performing arts facility. The basic premise of the plan is to increase the cultural activities occurring in this District and to increase the quality of the physical design elements of this District. The basic objectives of the draft plan have long-term , fundamental implications for parking and for the financing of parking. There has been unhappiness expressed about the possibility that there would be a -charge for parking. In one sense, there is not such a thing as "free parking" anywhere today. Parking on the street exists because the City maintains those streets and parking is thereby feasible. The existing parking lots in the Cultural District have been built and maintained by the public tax dollar and have, in fact, seen improvements in landscaping and lighting all through general tax" expenditures. The existing parking is not "free" since all Fort Worth taxpayers pay for the provisi is parkinq. �. OFFICIAL RECORD CITY SECRETARY FT. WO,RTN, TEX. - 2 The Cultural District Committee October 12, 1988 Page Two Is the notion of parking paid for by patrons an unusual concept? Clearly the answer is that it is not an unusual concept. One has only to look to the Fort Worth-Tarrant County Convention Center to see an example of paid parking used for the arts, in place and viable. In fact, I suspect that the Convention Center might never have been built if there had been a restriction that all parking for the Convention Center would have to be free. I am sure that all of us can think of examples of paid parking serving performing arts as well as arts institutions. If the long-term objective is to put primary emphasis on the preservation of "free-parking" , that is, parking for which the patron is not charged but rather is provided through general public financing , the long-term plans of the Cultural District need to be carefully reexamined in that light. The draft Cultural District plans provide for two additional structured parking facilities as well as additional land for parking. If the expansion of the Cultural District is to be made strictly on the basis of. publicly-taxed financed parking, the expansion plans need to be carefully reevaluated. Many of the improvements in the Cultural District appear to be planned to come from public expenditures. If in the future, the proposition is that parking is to remain free to the users , that policy would deprive the City and this Committee of one of the most effective financing devices available to fund Cultural District improvements. I recommend that the Cultural District Committee and in turn , the City Council , consider the long-term implications of the parking policies which are being established and that these policies be established in light of the long-term land use plans being proposed. City staff has worked with your Parking Committee and will present a practical plan for addressing current and future parking needs of the Cultural District. Douglas Harman City Manager DH:kc OFFICIAL* R0"B CITI 1El?€TAR%.' i � ^� •ww+wn • t I�CMefL[ K e QiNQT"M ComQi1YMmewfo ® e .R el 1 ' i V • _ 1 CULTURAL DISTRICT PARSING LOTS eewf. w.fw I Event Demand, Flat Fee Lots 1. East Lot Equestrian Center Garage $ o. Harley/Montgomery Lot --� Mime-Based Rp-;,e Lots -- !- 4. Vest Lot 5. Exhibit Building Garage . , 6. Crest line/Idontgomery Lo.. J - _ 1 .l 1 i �-- OFFICIAL RE rt CITY SECRETARY ' FT. YiORTH, TEX. i • OPOSED PARKING MANAGEMENT PLAN 4 GENERAL PROVISIONS Parking fees will be charged after 6:00 p.m. on weekdays and all day Saturday and Sunday in the following manner: * EVENT DEMAND, FLAT FEE LOTS Lot No. 1 A charge of $2 will be collected at entrance when events are scheduled during the hours listed above. Lot No. 2 Same as above. Lot No. 3 During the Stock Show, a $3 charge will be collected at entrance. * TIME BASED RATE LOTS Lot No. 4 A time-stamped ticket will be issued upon entry and the fee collected upon exit. The proposed fee is $ . 25 per each quarter hour, with a $2 maximum. Lot No. 5 Same as above. Lot No. 6 Same as above, except rate will be $.25 per half hour. Parking Revenue will be deposited in an Enterprise Fund Account. Proceeds will be used to pay debt service on the outstanding RIBS and fund operating costs of the parking management system. Any excess revenues will be dedicated to projects in the Cultural District which have been identified and prioritized by the Cultural District Committee. RAM/sf:ncr OFFICIAL RECO,D CITY SEC, ETARY FT. WORTH, TM 5 CULTURAL DISTRICT PARKING----- Financial ARKING---Financial Pro—Forma Annual Revenue Projections Annual Expenditures East Lot $331,311 Debt Service $113,500 West Lot 151,073 Parking 0 & M 125,000 South/West Lot 51,037 Harley Lot 18,632 ,. $59'2—,0-53 $23L,500 Possible Uses of Excess Funds Security Signage Landscaping Improvements and Enhanced Maintenance Cultural District Committee Staff OFFICIAL REM) CITY SFCRiLuny y FT. WORTH, TEL 6 REVENUE REQUIR�CMENT.S OF 1/1/90 Debt Service Payment $387,000 less Stock Show Contributions -160,000 $217,000 $217,000/48 weeks = $4,520 per week * Would require implementation of sponsorship plan on 1/1/89. OFFICIAL RECORD CITY SFCRFTARY _ FT. VvIOR T€i, TM