DEPARTMENT: Center City Development & Operations
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: 1
SUBJECT:
Extension of Parking Agreement with University of Texas at San Antonio
SUMMARY:
This ordinance authorizes a one year extension of a parking agreement with the University of Texas at San Antonio to allow Institute of Texan Cultures' staff and visitors to use 50 parking spaces on City property for $7,997.28.
BACKGROUND INFORMATION:
On June 6, 2013, City Council approved Ordinance 2013-06-06-0389 with the University of Texas at San Antonio, designating 50 parking spaces on City property for use by the Institute of Texan Cultures' staff and visitors seven days a week from 7 a.m. until 7 p.m. The parking spaces are located near the ITC in Hemisfair. On January 29, 2015, City Council approved Ordinance 2015-01-29-0059 to designate 20 spaces available 24/7 and to increase the payment to the City from $5,000.00 to $7,997.28 annually. On November 10, 2016, City Council approved Ordinance 2016-11-10-0893 extending the agreement by one year expiring January 28, 2018.
The agreement term is set to expire January 28, 2018; however, the ITC has requested the agreement be extended for one year. The Hemisfair Park Area Redevelopment Corporation supports the one year extension.
ISSUE:
ITC is seeking to continue use of 50, City-owned parking spaces for 12 months through January 28, 2019.
ALTERNATIVES:
The City may elect not to extend its parking agreement with the University of Texas' Institute of Texan Cultures or may propose an extension greater or less than 12 months.
FISCAL IMPACT:
If this ordinance is approved, the ITC will pay $7,997.28 for use of the 50 parking spaces during the 12 month extension. Funds received from this agreement will be deposited into the City's Parking Fund.
RECOMMENDATION:
Staff recommends approval of this ordinance to authorize a one year extension of a parking agreement with the U...
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