New Parking Garage Could Increase Meter Rates

5 years 8 months 2 weeks ago March 22, 2011 Mar 22, 2011 Tuesday, March 22 2011 Tuesday, March 22, 2011 7:14:00 AM CDT in News
By: Josh Frydman

COLUMBIA - Columbia's City Council unanimously approved the building of a new parking garage on downtown's Short Street Monday night. The city could be forced to increase parking meter rates to help pay for the garage.

Downtown parking meter rates could increase as much as 60 cents an hour, and parking garage rates could go up to $60 a month for each spot in the new five-level garage. Meter hours could extend from 6 p.m. to 9 p.m. as well.


The hike pays for the $7 million, 300-space garage. The city will buy the land for the garage from Broadway Lodging LLC for $1.25 million. This is the same company redeveloping the Regency hotel.

A new 10-story parking garage opened just three weeks ago at Fifth and Walnut streets.
Parking meter fines have already increased from $5 to $10 to pay for the $14 million garage.

Mayor Bob McDavid said last week he wasn't happy Broadway Lodging was pressuring the city to decide on purchasing the land for the new garage by Monday night's city council meeting. He acknowledges the garage will be expensive, but he does support it. McDavid wants to reevaluate how each parking garage is priced and assemble a parking task force for downtown.

An analysis of the city's parking facilities estimated an additional $200,000 in revenue if meter rates increased to 60 cents.  If meter hours extended to 9 p.m., the city would make an estimated $120,000 in additional revenue.

 

 

 

More News

Grid
List
COLUMBIA - A proposed overhaul to a section of Columbia city code could soon make the city's parks more friendly... More >>
36 minutes ago December 04, 2016 Dec 4, 2016 Sunday, December 04 2016 Sunday, December 04, 2016 5:53:00 PM CST in News
BRANSON (AP) — Authorities are investigating after a fire damaged a resort condominium building under construction in Branson. ... More >>
38 minutes ago December 04, 2016 Dec 4, 2016 Sunday, December 04 2016 Sunday, December 04, 2016 5:51:20 PM CST in News
CAPE GIRARDEAU (AP) — The New Madrid Fault has had a fair amount of minor seismic activity in recent weeks.... More >>
46 minutes ago December 04, 2016 Dec 4, 2016 Sunday, December 04 2016 Sunday, December 04, 2016 5:42:47 PM CST in News
KANSAS CITY (AP) — A horse drawn carriage was involved in an accident on the Country Club Plaza, injuring three... More >>
48 minutes ago December 04, 2016 Dec 4, 2016 Sunday, December 04 2016 Sunday, December 04, 2016 5:41:15 PM CST in News
NAYLOR (AP) — Two southeast Missouri men have been honored as heroes for saving a man and his toddler son... More >>
6 hours ago December 04, 2016 Dec 4, 2016 Sunday, December 04 2016 Sunday, December 04, 2016 12:04:12 PM CST in News
COLUMBIA - The first Chocolate Festival in Columbia will allow mid-Missouri residents to snack on tasty treats while giving back... More >>
13 hours ago December 04, 2016 Dec 4, 2016 Sunday, December 04 2016 Sunday, December 04, 2016 5:16:00 AM CST in Top Stories
CAMDEN COUNTY - One man was airlifted to the hospital Friday after his vehicle overturned. According to the Missouri... More >>
21 hours ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 9:22:34 PM CST in News
KANSAS CITY (AP) - Authorities are investigating after tools and equipment were stolen from a Kansas City woodworking shop where... More >>
21 hours ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 8:54:00 PM CST in News
KIRKSVILLE - The Kirksville Arts Center broke out in flames Friday evening. According to an email from the Kirksville... More >>
22 hours ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 7:42:00 PM CST in News
COLUMBIA - A film about the life of a Missouri artist and politician was shown for free on Saturday. ... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 6:09:00 PM CST in News
JEFFERSON CITY - Stephen Webber has been elected as the new Chair of the Missouri Democratic Party on Saturday. ... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 4:12:00 PM CST in News
COLUMBIA - People came to celebrate Kwanzaa early this year at the Progressive Missionary Baptist on Saturday. The African-American... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 4:05:00 PM CST in News
SPRINGFIELD (AP) — A Missouri woman faces 12 years in federal prison for leading a fraud scheme. The U.S.... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 3:29:38 PM CST in News
COLUMBIA – Over 40 local authors showed off their work and networked with other writers at the Local Authors Open... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 2:55:00 PM CST in News
COLUMBIA - Around 10 a.m. Saturday, a man driving his car northbound near Highway 63 and Stadium flipped over. No... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 11:38:33 AM CST in Top Stories
JEFFERSON CITY (AP) — Missouri lawmakers have struggled to find a way to pay for repairs along thousands of miles... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 10:59:00 AM CST in News
ST. LOUIS (AP) — Missouri is seeing a startling decline in methamphetamine lab seizures, but it isn't because users are... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 10:50:00 AM CST in News
COLUMBIA - The Women's Symphony League kicked off the annual Holiday Home Tour, which is its biggest fundraiser of the... More >>
1 day ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 4:12:00 AM CST in News
Columbia, MO
Broken Clouds 39°
7pm 38°
8pm 37°
9pm 36°
10pm 35°

Select a station to view its upcoming schedule:

Coming Up Next

6:00p
Football Night in America
7:20p
Sunday Night Football
10:30p
KOMU 8 News @ 10
6:00p
Labyrinth
8:00p
Marvel's Agents of S.H.I.E.L.D.
9:00p
KOMU 8 News @ Nine on The CW

Tonight's Schedule

6:00p
Football Night in America
7:20p
Sunday Night Football
6:00p
Labyrinth
8:00p
Marvel's Agents of S.H.I.E.L.D.
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld