Five Flags Parking Ramp Proposed Temporary Monthly Fee Adjustment Copyrighted
September 21, 2020
City of Dubuque Action Items # 3.
ITEM TITLE: Five Flags Parking Ramp Proposed Temporary Monthly
Fee Adjustment
SUM MARY: City Manager recommending approval of a temporary
adjustment for the monthly fees charged at the Five Flags
Parking Ramp.
RESOLUTION Authorizing the City Manager to adjust the
fees and charges for the parking of motor vehicles in
Municipal Parking Ramps
SUGGESTED DISPOSITION: Suggested Disposition: Receive and File;Adopt
Resolution(s)
ATTACHMENTS:
Description Type
Proposed Adjustment to Monthly Parking Fee for Five City Manager Memo
Flags Parking Ramp-MVM Memo
Proposed adjustment to monthly parking fee for Five Staff Memo
Flags Parking
Resolution Resolutions
Dubuque
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Proposed Adjustment to Monthly Parking Fee for Five Flags Parking
Ramp
DATE: September 16, 2020
Director of Transportation Services Renee Tyler recommends City Council approval of a
temporary adjustment for the monthly fees charged at the Five Flags Parking Ramp.
The Five Flags Ramp charges a fee of$50 for monthly parking. The ramp has a total of
397 spaces. The ramp operates at 20% of its capacity with 77 parking spaces leased,
leaving 320 available.
A fee adjustment to $38 through December 2022 when the new parking ramp opens will
offer a parking incentive to the downtown business community to take advantage of
parking in the Five Flags Ramp. The current rates for hourly parking will remain intact.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
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Mic ael C. Van Milligen
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Attachment
cc: Crenna Brumwell, City Attorney
Teri Goodmann, Assistant City Manager
Cori Burbach, Assistant City Manager
Renee Tyler, Director of Transportation Services
Dubuque
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TO: Mike Van Milligen, City Manager
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FROM: Renee Tyler, Director of Transportation Services \
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SUBJECT: Proposed adjustment to monthly parking fee for Five Flags Parking Ramp
DATE: September 14, 2020
PURPOSE
To request approval of a temporary adjustment for the monthly fees charged at the Five Flags
Parking Ramp.
BACKGROUND
Five Flags Ramp charges a fee of$50 for monthly parking. The ramp has a total of 397 spaces. The
ramp operates at 20% of its capacity with 77 parking spaces leased leaving 320 available.
DISCUSSION
A fee adjustment to $38 will offer a parking incentive to the downtown business community to take
advantage of parking in the Five Flags Ramp.
The ramp currently grosses $3,850 per month at 20% capacity. This discount will encourage more
parkers to use the ramp at a discounted rate. This will allow an increase of utilization.
Five Flags
Ramp
Reserved $50/mo.
Total S aces Available 1-6-20 rate $38/mo. rate
397 320 77 $3,850 $2,926
$50/mo.
Total S aces Available 80% Capacit rate $38/mo. rate
397 79 318 $15,900 $12,084
A marketing campaign announcing the adjusted rates at Five Flags will go into effect. This will
include sending notifications to our current tenants of the effective date for the lowered
rates. Transportation Services will work with the City's Communications office on the creation of
mailing materials and posters that can be circulated via social media, email, the city website and
displayed within the Five Flags Ramp. This information will also be mass emailed to all of our
currently monthly parking tenants.
BUDGETIMPACTS
The ramp is currently operating at a loss, therefore there is no foreseeable negative budget impact.
The current rates for hourly parking will remain intact.
RECOMMENDATION/ACTION STEP
I recommend that the City Council approve this request to adjust the monthly parking fees at the Five
Flags Ramp through December of 2022. This recommendation coincides with the opening of the new
parking ramp in 2022. At that time the City will review the parking fee for the Five Flags Parking
Ramp.
cc: Jenny Larson, Director of Finance
RESOLUTION NO. 304-20
AUTHORIZING THE CITY MANAGER TO ADJUST THE FEES AND CHARGES FOR
THE PARKING OF MOTOR VEHICLES IN MUNICIPAL PARKING RAMPS
Whereas, the City Code of Ordinances Section 9-14-321.640 authorizes the city
manager, with the approval of the city council, to fix and establish the fees and charges
for the parking of motor vehicles in municipal parking ramps; and
Whereas, the parking division and city manager are recommending an adjustment to
the fees and charges for parking motor vehicles in the Five Flags Parking Ramp; and
Whereas, the adjustment of fees and charges by the city manager requires city
council approval; and
Whereas, the parking division and city manager recommend the fees and charges for
the Five Flags Parking Ramp be adjusted from $50.00 to $38.00 encourage downtown
business employees to utilize this ramp.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA THAT:
Section 1. The City Council hereby authorizes and directs the City Manager to adjust
the fees and charges for parking in the Five Flags Parking Ramp to reduce the monthly
parking fee from $50.00 to $38.00 through December 2022.
Passed, approved and adopted this 21st day of September 2020.
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Attest:
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KeviS. Firnstahl, Citytlerk