DEPARTMENT: Center City Development & Operations
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: Council District 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 annually.
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. On October 12, 2017, City Council approved Ordinance 2017-10-12-0787 extending the agreement by one year expiring January 28, 2019. The agreement term is set to expire January 28, 2019; however, the ITC has requested the agreement be extended for one year. The Hemisfair Park Area Redevelopment Corporation supports the one year extension.
ISSUE:
Approval of this agreement will enable the ongoing use of 50 City-owned parking spaces at the Hemisfair Park Lot, ITC is seeking to continue use for 12 months through January 28, 2020. This agreement is consistent with the City's policy of utilizing its parking facilities to provide direct support to downtown commercial activity
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:
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 annually. Funds received from this agreement will be deposited into the City’s Parking Fund, in accordance with the adopted budget.
RECOMMENDATION:
Staff recommends approval of this ordinance to authorize 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