By: Diane Benjamin
Another item on the agenda tonight is spending $910,155.73 for new automated parking equipment at 3 garages: Market, Lincoln & Pepsi Ice Center
The Pepsi Ice Center garage is in its 11th year of operation and the Downtown Task Force wants to tear down the Market Street garage, but those are just minor details. (ha)
See PDF page 168 for documentation: http://www.cityblm.org/Home/ShowDocument?id=15356
Read the paragraph below and see if you can tell what data is missing?
What piece of data is needed to decide of spending close to 1 MILLION dollars is worth it?
Read the last line of the paragraph. It says “substantial revenue loss”. Is that $50,000 or $500,000 or $5,000,000?
Shouldn’t the Council know if they are voting to spend more than the anticipated revenue over the life of the new equipment?
If the City wants people downtown:
Why are they charging them to come?
Will anybody ask what the revenue is now?