Background

HPA was recently requested by the City to assume management responsibilities of the surface lots located at 141 and 166 Sheldon St. The lot currently consists of City employees and federal court employees. HPA desires to expand the role of the lots and offer additional monthly and transient parking.

City employees do not pay for parking and the court has an expired lease which was priced well below operational/maintenance costs. The only commercial off-street parking in close proximity to the lots is the Front St. garage which is priced at $179.00+tax per month with a daily max of $12.00. The City turned over a market rate analysis that was several years old and valued the Sheldon surface lots at $109.00 per month.

Utilizing the above information, as well as evaluating the City employee parking population, HPA believes that 166 Sheldon should be mainly an employee lot during the work day and available for transients during nights and weekends. However, on a case by case basis, HPA recommends monthly parking. HPA further believes that 141 Sheldon should be a mix of employee, monthly, and transient parking.

Attached is the pricing table HPA believes is the most beneficial for HPA and the City of Hartford. In summary the maximum monthly rate is $100.00 and the maximum daily rate is $8.00. In an effort to encourage visitors to spend more time in the City, HPA is offering a pricing strategy to allow for the third and fourth hours to be free and subsequent hours to be discounted.

Recommendation

HPA recommends adopting the attached pricing table for 141 and 166 Sheldon Street surface lots, pending any considerations from the mandatory public hearing.

PUBLIC NOTICE, HEARING, AND COMMENT

SHELDON STREET LOTS RATE PROPOSAL

Objective: To receive public comment on the rate proposal for hourly and monthly parking rates at 141 and 166 Sheldon Street Lots. Public hearings are designed to listen to impacted stakeholders and accept public feedback, and not meant to be question and answer sessions.

Timeline: Public Comments are scheduled to start at 3:30PM and will continue until all those who wish to speak have had their turn.

No action on the proposal will be taken this evening. The HPA expects to take action on June 19, 2014 and if approved, any rate adjustment would be implemented after revenue control equipment has been installed, targeted for August 2014.

Ground Rules:

–          Each member of the public shall state their name and address

–          Each member may speak for 3 minutes

–          All comments shall be addressed to the Board of Commissioners as a body and not to any specific member thereof.

–          All remarks shall be limited to the proposed rate adjustment schedule.

–          During the Public Hearing, no member of the Board of Commissioners may address the Board as a member of the public.

–          Written comments may be submitted to the HPA via U.S. mail to the address above or via email to eric.boone@hartford.gov. All comments must be received by 12 noon on June 18, 2014.

Minutes: Minutes of the hearing will be made and posted on the HPA web site in accordance with statutory requirements.

141 Sheldon St. 166 Sheldon St.
Monthly Rates Monthly Rates
Classification Price per space Classification Price per space
City Employee* $0.00 City Employee* $0.00
1-10 Spaces Rented $100.00 1-10 Spaces Rented $95.00
11-20 Spaces Rented $95.00 11-20 Spaces Rented $90.00
21-30 Spaces Rented $90.00 21-30 Spaces Rented $85.00
30+ Spaces Rented $80.00 30+ Spaces Rented $75.00
*Only necessary City Hall, HPL, and job specific employees *Only necessary City Hall, HPL, and job specific employees
Weekday Hourly Rates Weekday Hourly Rates
Hour Price per space Hour Price per space
1 hour $2.50 1 hour $2.50
2 hours $2.50 2 hours $2.50
3 hours $0.00 3 hours $0.00
4 hours $0.00 4 hours $0.00
5 hours $1.00 5 hours $1.00
6 hours $1.00 6 hours $1.00
7 hours $0.50 7 hours $0.50
8 hours $0.50 8 hours $0.50
Weekend Hourly Rates Weekend Hourly Rates
Hour Price per space Hour Price per space
1 hour $1.00 1 hour $1.00
2 hours $0.75 2 hours $0.75
3 hours $0.75 3 hours $0.75
4 hours $0.50 4 hours $0.50
5 hours $0.50 5 hours $0.50
6 hours $0.50 6 hours $0.50
7 hours $0.50 7 hours $0.50
8 hours $0.50 8 hours $0.50

 

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