INFORMATION #5 06-04-2007 - Laserfiche WebLink

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New Downtown Parking Regulations & Permitting June 1.2007 Page 2 of2 Kino Avenue Parkino Lot Permit Application & Issuance Parking permits for the King Avenue Parking Lot employee area will be issued to downtown businesses and commercial property owners (for distribution to employees) on a quarterly basis by the enclosed application and at a rate of $10.00 per month. Complete permit applications and payment must be received by the City Police Department no later tban 4:30 p.m. Ftiday. June 15. 2007. Applicants will be issUf,d one pennit each until the m""iroum of 110 permits is issued. PLEASE NOTE: In order to provide the best parking for customers, an employee permit for the King Avenue Parking Lot should be considered a privilege to park closer to one's place of work; a parking permit does not guarantee an open stall at all times. Safe alternative locations for employee parking include: . On-street Main Street west of Lowell Avenue and the side streets as signed between 7am-6pm Monday through Friday. Over 60 on-street parking spaces are available in this area at no cost and no permit requirement. . Employees who work evening shifts may move vehicles closer to their place of work after 6pm. Additional Parkino Information The parking permit system will be evaluated by the City on a regular basis for any necessary modifications as downtown parking supply and demand will fluctuate as construction comes to an end and commercial tenants phase into the new buildings over time. In the meantime, the City has authorized the completion of an independent Downtown Parking Study of long-term needs and options for handling parking. A final report is expected this late summer with the outcome to be communicated through the River's Edge Downtown Business Association. As you may be aware O'Reilly Automotive announced the relocation of their business from 720 Main Street to another Elk River location in June. O'Reilly's relocation from downtown is not a result of the business climate downtown, but rather to align the local location and image with its corporate model. At the end of 2006, the Elk River Housing & Redevelopment Authority entered into a contract-for-deed for the acquisition of both 716 and 720 Main Street buildings for the purpose of long-term positioning to expand downtown parking opportunities. The HRA has not made any decisions to remove these buildings or to acquire adjacent parcels to add more parking in this area any time soon. Please contact the City Police Department at 763.635.1260 with any questions. Sincerely, Enclosures: . Downtown Parking Map . Parking Pennit Application W HRA, Mayor and City Council, City Administrator Lori Johnson