Columbia City Council To Talk Parking Meter Money

7 years 4 weeks 10 hours ago Tuesday, November 16 2010 Nov 16, 2010 Tuesday, November 16, 2010 4:29:58 AM CST November 16, 2010 in News
loading

COLUMBIA - The city council discussed findings from a report on parking revenue Monday night at its city council meeting. On Nov. 1, Mayor Bob McDavid requested the city see if it could transfer parking meter revenue to the general fund. By transferring parking meter funds, the city can pay off some its debt for its four parking garages in downtown. The council heard this report last on the city council agenda Monday night.

At the meeting, City Manager Bill Watkins and Third Ward Representative Gary Kespohl argued about how they will repay the $13 million bond for the new parking garage on the corner of Sixth and Walnut. Watkins does not want to "front load" the bond and have larger debt to pay back in the early years. Kespohl would rather see the same amount of interest consistently paid throughout the years. Paying back these bonds means an expected increase of 43 to 45 percent of parking garage fees and the possibility of parking meter increases as well. MU student and downtown traveler Moses Williams says residents in other places have it much tougher.

"It's like 30 cents an hour compared to Chicago which is about $3 an hour," Williams said. "That's ten times the same price for the same time. Columbians can afford a couple more cents out of their pockets."

The plan would mean moving $400,000 from parking meter revenue to the city's general fund.

More News

Grid
List
JEFFERSON CITY - Mid-Missouri could be gaining its second, fully-accredited Montessori school. Tonight Woodland Montessori will put forward its... More >>
37 minutes ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 6:53:00 AM CST December 14, 2017 in News
AUDRAIN COUNTY - The Missouri State Highway Patrol has confirmed they have arrested someone after a car chase early Thursday... More >>
41 minutes ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 6:49:02 AM CST December 14, 2017 in News
COLUMBIA - On Wednesday evening, Columbia Police Officers were dispatched to the 2300 block of Carpenter Drive in reference to... More >>
1 hour ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 6:20:46 AM CST December 14, 2017 in News
COLUMBIA - Columbia Police Officers responded to the 1500 block of Vandiver Drive in reference to a reported home invasion... More >>
2 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 5:28:42 AM CST December 14, 2017 in News
Update: Columbia Police Officers have made an arrest in regards to Wednesday morning's incident in the 1500 block of Fir... More >>
2 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 4:50:00 AM CST December 14, 2017 in News
JEFFERSON CITY (AP) — The director of the Missouri Veterans Commission has resigned amid complaints about care at the St.... More >>
8 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 10:37:00 PM CST December 13, 2017 in News
SALINE COUNTY - Former Columbia Police officer Rob Sanders will head back to the courtroom in May 2018 as he... More >>
9 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 10:03:00 PM CST December 13, 2017 in News
The St. Louis Cardinals have acquired outfielder Marcell Ozuna from the Miami Marlins. The deal is pending a physical. ... More >>
9 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 9:41:00 PM CST December 13, 2017 in Sports
COLUMBIA - Today the Federal Communications Commission will vote on a plan to repeal net neutrality and librarians worry this... More >>
10 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 8:44:00 PM CST December 13, 2017 in Continuous News
AUDRAIN COUNTY - The man who was found on Audrain Road 913 Tuesday next to a crashed car died of... More >>
10 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 8:32:00 PM CST December 13, 2017 in News
MOBERLY - Missouri law enforcement is impeded by a number of issues in cases involving child sexual abuse. Alleged... More >>
11 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 8:20:00 PM CST December 13, 2017 in Target 8
COLUMBIA - The Columbia Chamber of Commerce hosted the ninth and final public hearing by the 21st Century Missouri Transportation... More >>
12 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 7:12:00 PM CST December 13, 2017 in News
COLUMBIA - The Federal Communications Commission vote to repeal net neutrality is fast approaching. The vote to remove regulations that... More >>
12 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 7:12:00 PM CST December 13, 2017 in News
JEFFERSON CITY - The Justice Reinvestment Task Force took a big step Wednesday when it comes to addressing mental health,... More >>
12 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 6:53:00 PM CST December 13, 2017 in News
COLUMBIA - As Columbia Regional Airport plans to expand, it got a push from Mayor Brian Treece. Treece called... More >>
12 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 6:37:00 PM CST December 13, 2017 in News
COLUMBIA - Missouri is among the worst states nationwide at preventing its young people from smoking and using tobacco, according... More >>
13 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 6:15:00 PM CST December 13, 2017 in News
JEFFERSON CITY - Missouri American Water is making changes to the aging Jefferson City Treatment Plant with the goal of... More >>
13 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 5:33:00 PM CST December 13, 2017 in News
Update: Police Chief Ken Burton talked a little bit about the Old Hawthorne homicide at the Citizens Police Review Board... More >>
13 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 5:32:00 PM CST December 13, 2017 in News
Columbia, MO
Broken Clouds 32°
8am 31°
9am 32°
10am 34°
11am 34°

Select a station to view its upcoming schedule:

Coming Up Next

7:00a
Today
9:00a
Megyn Kelly TODAY
10:00a
Today with Kathie Lee & Hoda
7:00a
Maury
8:00a
The Steve Wilkos Show
9:00a
The Steve Wilkos Show

Tonight's Schedule

6:30p
Football Night in Indianapolis
7:20p
Thursday Night Football
7:00p
iHeartRadio Jingle Ball 2017
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld