New Parking Garage Could Increase Meter Rates

6 years 1 month 5 days 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
loading

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
JEFFERSON CITY - Capital Region Medical Center held a language workshop Wednesday night for parents with young children who have... More >>
26 minutes ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 8:04:00 PM CDT in News
COLUMBIA - City staff are working to make headway on two new landfill projects for Columbia. At a meeting... More >>
33 minutes ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 7:57:00 PM CDT in News
FULTON - The body of 31-year-old Carl DeBrodie may have been in a large storage container filled with cement for... More >>
1 hour ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 6:37:00 PM CDT in News
COLUMBIA- In the latest Association of American Universities (AAU) report released Wednesday, the University of Missouri was highlighted for its... More >>
2 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 5:36:00 PM CDT in News
JEFFERSON CITY (AP) — Missouri representatives have approved that the state pay an extra $241 million in unexpected expenses for... More >>
2 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 5:33:47 PM CDT in News
SPRINGFIELD (AP) — Family members of a man whose death was caused by Arkansas death row inmate Kenneth Williams say... More >>
3 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 5:26:16 PM CDT in News
ST. LOUIS (AP) — St. Louis' city minimum wage could rise to $10 an hour starting next week now that... More >>
4 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 4:16:16 PM CDT in News
JEFFERSON CITY - Missouri Secretary of State Jay Ashcroft teamed up with Missouri Attorney General Josh Hawley and local legislators... More >>
4 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 4:12:00 PM CDT in News
JEFFERSON CITY – Missouri motorcycle crashes have resulted in 475 deaths since 2012, with 122 fatalities occurring in last year... More >>
4 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 3:41:00 PM CDT in News
COLUMBIA - A controversial bill moving through the Missouri General Assembly could change the handling of workplace discrimination claims in... More >>
5 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 3:28:24 PM CDT in News
JEFFERSON CITY (AP) — Missouri lawmakers are pushing legislation that would make it harder for judges to require domestic violence... More >>
5 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 2:54:16 PM CDT in News
JEFFERSON CITY - A coalition of organizations rallied at the state capitol Wednesday in support of a "Moral Missouri." ... More >>
5 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 2:48:00 PM CDT in News
ST. LOUIS (AP) — Fire officials in St. Louis are investigating after a vacant home exploded, sending glass, wood and... More >>
7 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 1:20:50 PM CDT in Continuous News
NEOSHO (AP) - Students at a college in southwestern Missouri will see a tuition increase in the coming year in... More >>
7 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 12:47:33 PM CDT in News
JEFFERSON CITY — Lincoln University students went to an African-American Genealogy workshop Wednesday morning to learn more about their family... More >>
7 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 12:36:00 PM CDT in News
JEFFERSON CITY (AP) — The Missouri Supreme Court has set an execution date for this summer for a man sentenced... More >>
8 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 12:28:09 PM CDT in News
PINE LAWN (AP) — Police are looking for two cars in connection with the shooting deaths of three men in... More >>
8 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 12:23:39 PM CDT in News
KANSAS CITY (AP) — Two men once detained at the Jackson County jail are separately suing over the lockup's conditions... More >>
8 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 11:39:45 AM CDT in News
Columbia, MO
Broken Clouds 47°
9pm 48°
10pm 47°
11pm 47°
12am 46°

Select a station to view its upcoming schedule:

Coming Up Next

8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
10:00p
KOMU 8 News @ 10
8:00p
The 100
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld

Tonight's Schedule

7:00p
Blindspot
8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
7:00p
Arrow
8:00p
The 100
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld